Envela Corporation · AMEX:ELA
Envela — Investor Presentation (May 2026)
33 slides from Envela's investor presentation, May 2026
Slide 1: 2026 Investor Overview
2026 INVESTOR OVERVIEW M AY 2 0 2 6
Slide 2: Index
INDEX INTRODUCTION INVESTMENT HIGHLIGHTS APPENDICES Disclaimers and References 3 Key Investment Considerations 13 Historical Financial Results 26 Key Company Data 4 Industry Dynamics 14 Supplemental Financial Metrics 28 Base and Precious Metals Demand 16 Glossary 30 OVERVIEWS Revenue Diversification
Slide 3: Disclaimers and References
DISCLAIMERS AND REFERENCES ADDITIONAL REFERENCE MATERIALS NON-UNITED STATES (“U.S.”) GENERALLY ACCEPTED This presentation should be read in conjunction with materials from Envela Corporation (“Envela” or ACCOUNTING PRINCIPLES (“GAAP”) FINANCIAL MEASURES the “Company”), including news releases, websi
Slide 4: Key Company Data
K E Y CO M PA NY DATA NYSE Ticker ELA1 52 Week Share Price Range $5.42 - $17.452,3 Market Capitalization $432.6 million4,5 Shares Outstanding 25,963,4764 WHO WE ARE Headquarters Irving, TX 2026 INVESTOR PRESENTATION Envela is a leading provider of recommerce 1 NYSE Registered Exchange(s): American a
Slide 5: Overviews
5 2026 INVESTOR PRESENTATION OVERVIEWS
Slide 6: Overview: Consumer and Commercial Segments
OVERVIEW CO N S U M E R S E G M E N T Retail Wholesale Online Manufacturing • Bullion • Bullion • Bullion • Value manufacturing Envela is a portfolio of • Designer handbags • Scrap jewelry • Numismatics & capabilities utilizing repurposed • Fine jewelry • Diamonds & collectibles leading brands dedic
Slide 7: Recent Accomplishments & Milestones
RECENT ACCOMPLISHMENTS & MILESTONES Proven track record of profitability and growth. • 60 years of continuous • 1 store opening operations $80,000 • Founding member of the NYSE Texas $70.000 • Added to the U.S. small-cap • Substantially increased our Russell 2000 index • Envela selected to ring the
Slide 8: Consumer Segment
8 2026 INVESTOR PRESENTATION SEGMENT CONSUMER
Slide 9: Consumer Segment
CONSUMER SEGMENT OVERVIEW F O OT P R I N T Texas: 10 stores Arizona: 4 stores South Carolina: 1 store What our consumer segment does: Our consumer segment is a retail organization that operates several brands specializing in the buying and selling of pre-owned luxury hard assets and bullion. B U S I
Slide 10: Commercial Segment
2026 INVESTOR PRESENTATION 10 SEGMENT COMMERCIAL
Slide 11: Commercial Segment
COMMERCIAL SEGMENT OVERVIEW F O OT P R I N T Texas: 2 production facilities What our commercial segment does: Our commercial segment operates in multiple verticals focused on the responsible disposition of end-of-life technology assets. We have significant and diverse business partnerships comprised
Slide 12: Investment Highlights
2026 INVESTOR PRESENTATION 12 HIGHLIGHTS INVESTMENT
Slide 13: Key Investment Considerations
ENVELA KEY INVESTMENT CONSIDERATIONS E STA B L I S H E D P L AT F O R M OPERATING CHARACTERISTICS • Proven track record of financial performance. • Disciplined operators focused on cash flow and capital returns. • Dual-segment model with diverse revenues spanning both B2C and B2B markets. • Value-dr
Slide 14: Consumer Segment Industry Dynamics
CONSUMER SEGMENT INDUSTRY DYNAMICS S E CO NDA RY M A R K E T LU X U R Y G O O D S GROWTH DRIVERS • Gen Z and millennials are influenced by sustainability when making purchases.1 • Luxury resale market is growing 4 times faster than the primary luxury market.2 • Pre-owned luxury goods are no longer v
Slide 15: Commercial Segment Industry Dynamics
COMMERCIAL SEGMENT INDUSTRY DYNAMICS S E CO NDA RY M A R K E T T E C H N O LO GY A N D E - W A ST E GROWTH DRIVERS • The proliferation of electronic devices in all aspects of society, along with a wider acceptance of secondary market technology. ~$88.8 ~$6.5 BILLION BILLION • Recommerce-led sustaina
Slide 16: Base and Precious Metals Demand
BASE AND PRECIOUS METALS DEMAND Envela’s business verticals provide low-capital-intensity, sustainable (e.g., non-extractive) exposure to “in-demand” base and precious metals. Gold Silver Aluminum Copper VERTICAL • Bullion • Bullion • Electronic Waste • Electronic Waste • Scrap Jewelry • Scrap Jewel
Slide 17: Revenue Diversification
REVENUE BREAKOUT REVENUE CATEGORY DIVERSIFICATION $300,000 Total: $291,146 $250,000 Total: $241,021 $200,000 Total: $180,376 $204,196 Envela’s brand portfolio is economically diverse $150,000 $178,816 and offers exposure to recycled commodities $136,588 $100,000 (e.g., materials), luxury resale (e.g
Slide 18: Fixed Asset-Light Business Model
FIXED ASSET-LIGHT BUSINESS MODEL Our business model is inherently light in fixed assets. Our processes involve light processing and sorting for e-waste, data sanitizing, testing, and repackaging for technology assets, and authentication for luxury hard assets. Our property and equipment, net in abso
Slide 19: Operating Metrics
OPERATING METRICS Consolidated Revenue ($ in thousands) Consolidated Operating Income ($ in thousands) $291,146 $26,201 $241,021 $18,109 $182,686 $175,264 $180,376 $13,944 $8,757 $8,159 2022 2023 2024 2025 Trailing Four 2022 2023 2024 2025 Trailing Four Quarters Quarters Ended Ended 03/31/2026 03/31
Slide 20: Balance Sheet and Liquidity Metrics
BALANCE SHEET AND LIQUIDITY METRICS Operating Cash Flow Trends ($ in thousands) Net Working Capital ($ in thousands) $22,606 $55,378 $10,191 $10,020 $46,763 $40,904 $39,086 $36,855 $5,843 $2,581 2022 2023 2024 2025 Trailing Four 2022 2023 2024 2025 03/31/2026 Quarters Ended 03/31/2026 Shareholders'
Slide 21: Share Repurchases
SHARE REPURCHASES The Company has implemented a strategic buyback program, recognizing the inherent value of repurchasing stock when it is undervalued. This initiative reflects our ongoing commitment to maximizing shareholder value. Repurchased as of 03/31/26: 961,155 2026 INVESTOR PRESENTATION Rema
Slide 22: ESGS Profile
ESGS PROFILE Environmental We are focused on minimizing the environmental impact of our business partners through waste diversion and our inherently light production processes. ESGS is paramount to our overall business model, whether Social relating to a business seeking a responsible partner to man
Slide 23: Growth Strategy
GROWt h STRATEGY CONSUMER SEGMENT COMMERCIAL SEGMENT Utilize market intelligence to identify optimal Deliver freight-advantaged services to new and existing geographies for store placement. inbound customers, as well as new market expansion via Geographic acquisition and organic growth. Revenue dive
Slide 24: Key Financial Statistics
KEY FINANCIAL STATISTICS Consolidated Consumer Segment Trailing Four Trailing Four Quarters Ended Quarters $000s FY 2022 FY 2023 FY 2024 FY 2025 03/31/2026 Ended Sales $131,107 $129,414 $130,469 $192,718 $237,740 Gross margin $16,234 $15,649 $15,881 $22,925 $28,414 $000s FY 2022 FY 2023 FY 2024 FY 2
Slide 25: Appendices
2026 INVESTOR PRESENTATION 25 APPENDICES
Slide 26: Historical Financial Results
Consolidated HISTORICAL Trailing Four Quarters Ended FINANCIAL $000s, except per unit amounts FY 2022 FY 2023 FY 2024 FY 2025 03/31/2026 Sales 182,686 175,264 180,376 241,021 291,146 Cost of goods sold 137,859 133,607 136,060 187,096 228,569 RESULTS Gross margin Expenses: $44,827 $41,657 $44,316 $53
Slide 27: Historical Financial Results by Segment
HISTORICAL FINANCIAL RESULTS Consumer Segment Commercial Segment Trailing Four Trailing Four Quarters Quarters Ended Ended $000s FY 2022 FY 2023 FY 2024 FY 2025 03/31/2026 $000s FY 2022 FY 2023 FY 2024 FY 2025 03/31/2026 Sales Sales 131,107 129,414 130,469 192,718 237,740 51,578 45,850 49,907 48,304
Slide 28: Supplemental Financial Metrics
SUPPLEMENTAL FINANCIAL METRICS $000s 12/31/22 12/31/23 12/31/24 12/31/25 03/31/2026 Consolidated Debt Trailing Four Debt Obligations $15,978 $14,933 $13,522 $9,924 $9,796 Quarters QTR. 2 QTR. 3 QTR. 4 QTR. 1 Ended Total Cash (17,170) (17,854) (20,609) (18,155) (38,615) $000s FY 2025 FY 2025 FY 2025
Slide 29: Supplemental Financial Metrics
SUPPLEMENTAL FINANCIAL METRICS Consolidated Consumer Trailing Four Trailing Four Quarters Quarters QTR. 2 QTR. 3 QTR. 4 QTR. 1 Ended QTR. 2 QTR. 3 QTR. 4 QTR. 1 Ended $000s FY 2025 FY 2025 FY 2025 FY 2026 03/31/2026 $000s FY 2025 FY 2025 FY 2025 FY 2026 03/31/2026 Cost of goods sold less shipping an
Slide 30: Glossary
GLOSSARY ADJUSTED DEBT TO ADJUSTED EBITDAR LEVERAGE RATIO COMPANY The Adjusted Debt to Adjusted EBITDAR Leverage Ratio is a non-U.S. GAAP measure Envela Corporation, a Nevada corporation, and its subsidiaries and represents (i) Adjusted Debt Obligations divided by (ii) Adjusted EBITDAR. DEBT TO NET
Slide 31: Glossary
GLOSSARY MARKET CAPITALIZATION PRESENTATION OF TOTAL ASSETS Market Capitalization equals (i) price per share x (ii) shares outstanding as of the end The presentation of Total Assets on slide 17 is a non-U.S. GAAP presentation of of the reporting period. Balance Sheet categories and is defined as (i)
Slide 32: Analyst Coverage
ANALYST COVERAGE Jeff Van Sinderen Richard Magnusen Mark Argento A N A LY S T A N A LY S T A N A LY S T jvansinderen@brileyfin.com rmagnusen@brileyfin.com mark.argento@lakestreetcm.com 310-966-9098 310-966-9368 612-326-1311 2026 INVESTOR PRESENTATION brileyfin.com lakestreetcapitalmarkets.com 32
Slide 33: Contact Us
THANK YOU CONTACT US HEADQUARTERS Envela Corporation 1901 Gateway Drive Irving, TX 75038 PHONE (972) 587-4030 INVESTOR RELATIONS CONTACT ir@envelacorp.com envela.com