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Envela Corporation (ELA)

NYSE American - NYSE American Delayed price. Currency in USD
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4.4000-0.0200 (-0.45%)
At close: 04:00PM EDT
4.4000 -0.02 (-0.45%)
After hours: 04:00PM EDT

Envela Corporation

1901 Gateway Drive
Suite 100
Irving, TX 75038
United States
972 587 4049
https://www.envela.com

Sector(s)Consumer Cyclical
IndustryLuxury Goods
Full-time employees257

Key executives

NameTitlePayExercisedYear born
Mr. John Richardson LoftusChairman, CEO & PresidentN/AN/A1970
Mr. Bret A. PedersenCFO, Treasurer & Secretary165kN/A1961
Mr. Joel S. FriedmanChief Information Officer7.5kN/A1969
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Envela Corporation, together with its subsidiaries, buys and sells jewelry and bullion products to individual consumers, dealers, and institutions in the United States. It offers jewelry and fine-watch products, including bridal jewelry, fashion jewelry, custom-made jewelry, diamonds, fine watches, and other products. The company also buys and sells various forms of gold, silver, platinum, and palladium products, including United States and other government coins, and private mint medallions; and numismatic items, such as rare coins, currency, medals, tokens, and other collectibles, as well as provides jewelry and watches repair services. In addition, it offers end-of-life electronics recycling services; disposal transportation and product tracking services; IT-asset disposition services, including compliance and data sanitization services; and services to companies in the areas of upgrade capabilities and dispose of equipment. It operates through DGSE.com, echoenvironmental.com, ITADUSA.com, teladvance.com and AvailRecovery.com. websites. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.

Corporate governance

Envela Corporation’s ISS governance QualityScore as of 1 March 2024 is 8. The pillar scores are Audit: 9; Board: 9; Shareholder rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.