Envela Corporation · AMEX:ELA
Envela — Investor Presentation (March 2025)
28 slides from Envela's investor presentation, March 2025
Slide 1: 2025 Investor Presentation March 2025
2025 INVESTOR PRESENTATION MARCH 2025
Slide 2: Index
INDEX INTRODUCTION INVESTMENT HIGHLIGHTS APPENDICES Disclaimers and References 3 Industry Dynamics 13 Glossary 24 Key Company Data 4 Revenue Diversification 15 Historical Financial Results 25 Fixed Asset-Light Business Model 16 Analyst Coverage 27 OVERVIEWS Operating Results 17 Contact Us 28 Envela
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, webs
Slide 4: Key Company Data
K E Y CO M PA NY DATA NYSE American Ticker ELA 52 Week Share Price Range $4.21 - $7.881,2 Market Capitalization $186.9 million3 Share Count Outstanding 25,995,7013 WHO WE ARE Headquarters Irving, TX 2025 INVESTOR PRESENTATION Envela is a leading recycling and 1 Yahoo!finance recommerce services prov
Slide 5: Overviews
5 2025 INVESTOR PRESENTATION OVERVIEWS
Slide 6: Envela Overview: Consumer and Commercial Segments
CO N S U M E R S E G M E N T OVERVIEW Retail Wholesale Online Manufacturing • Bullion • Bullion • Bullion • Value manufacturing Envela is a portfolio of • Designer handbags • Diamonds & gemstones • Numismatics & collectibles capabilities utilizing • Fine jewelry leading brands dedicated to • Numisma
Slide 7: Last Year's Accomplishments & Milestones
LAST 5 YEARS ACCOMPLISHMENTS & MILESTONES Proven track record of profitability and growth. All-time annual Adjusted $60,000 EBITDA record for the T H O U S A N D S 5-year revenue Commercial Segment of CAGR of 28% $9.0 million, All-time annual • Envela selected to ring up 77% YoY $50,000 revenue reco
Slide 8: Consumer Segment
8 2025 INVESTOR PRESENTATION SEGMENT CONSUMER
Slide 9: Consumer Segment Overview
CONSUMER SEGMENT F O OT P R I N T OVERVIEW Texas: 9 stores Arizona: 3 stores South Carolina: 1 store What our consumer segment does: Our consumer segment is a retail organization that operates several brands specializing in buying and selling pre-owned luxury hard assets. What sets us apart from oth
Slide 10: Commercial Segment
COMMERCIAL CONSUMER 2025 INVESTOR PRESENTATION SEGMENT SEGMENT 10
Slide 11: Commercial Segment Overview
COMMERCIAL SEGMENT F O OT P R I N T OVERVIEW Texas: 2 production facilities Arizona: 1 production facility 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
Slide 12: Investment Highlights
2025 INVESTOR PRESENTATION 12 HIGHLIGHTS INVESTMENT
Slide 13: Consumer Segment Industry Dynamics
CONSUMER SEGMENT INDUSTRY DYNAMICS GROWTH DRIVERS • 64% of Gen Z and Millennials are influenced by sustainability when making purchases.1 • Consumer interest in access to luxury goods at discounted rates. • Pre-owned luxury goods are no longer viewed as “used”; they are coveted for their authenticit
Slide 14: Commercial Segment Industry Dynamics
COMMERCIAL SEGMENT INDUSTRY DYNAMICS GROWTH DRIVERS ~$48 BILLION #2 • The proliferation of electronic devices in all aspects of society, along with a wider acceptance of secondary market technology. • Recommerce-led sustainability is now a major strategic goal for businesses: Total global e-waste U.
Slide 15: Revenue Diversification
REVENUE DIVERSIFICATION Envela’s brand portfolio is economically diverse and offers exposure to recycled commodities (e.g., materials), luxury resale (e.g., consumer discretionary), and business and Recycling $34,940 consumer services. 19% We are integral to our customers’ environmental and sustaina
Slide 16: Fixed Asset-Light Business Model
FIXED ASSET-LIGHT BUSINESS MODEL Our business model is inherently light in fixed assets. Our processes involve light processing and sorting for e-waste, data sanitizing, testing, and repackaging for technology assets, and authentication for luxury hard assets. Our property and equipment, net in abso
Slide 17: Operating Results
OPERATING RESULTS Consolidated Revenue ($ in thousands) Consolidated Operating Income ($ in thousands) $13,945 $182,686 $180,376 $175,264 $140,966 $9,497 $113,922 $8,757 $8,159 $6,787 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Consolidated Gross Margin ($ in thousands) Consolidated Adjusted E
Slide 18: Balance Sheet and Liquidity Metrics
BALANCE SHEET AND LIQUIDITY METRICS Consolidated Net Working Capital ($ in thousands)1 Consolidated Operating Cash Flow ($ in thousands) $10,020 $10,191 $40,904 $39,086 $36,855 $6,897 $5,843 $22,965 $18,401 $2,805 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Consolidated Shareholders' Equity ($
Slide 19: 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 12/31/24: 928,930 Remaining as of 12/31/24: 2025
Slide 20: ESGS Profile
Environmental ESGS PROFILE 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 it is a business seeking a responsible partner to manage asset Soc
Slide 21: Growth Strategy
GROWth STRATEGY CONSUMER SEGMENT COMMERCIAL SEGMENT Utilize market intelligence to identify optimal Identify business development opportunities that Geographic geographies for store placement. provide freight advantage to our inbound customers. Revenue diversification through geographic Revenue dive
Slide 22: Key Financial Statistics
KEY FINANCIAL STATISTICS Consolidated Consumer Segment $000s FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Sales $85,661 $96,719 $131,107 $129,414 $130,469 $000s FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Gross margin $10,370 $12,608 $16,234 $15,649 $15,882 Operating income $3,115 $4,590 $7,061 $4,682 $145 S
Slide 23: Appendices
2025 INVESTOR PRESENTATION 23 APPENDICES
Slide 24: Glossary
GLOSSARY ADJUSTED EBITDA OPERATING CASH FLOW Adjusted EBITDA is a non-U.S. GAAP measure and equals net income plus (a) depreciation Operating Cash Flow is the measure of how much cash is generated from normal business and amortization expense, (b) interest expense, (c) income tax expense, less (d) o
Slide 25: Historical Financial Results
HISTORICAL Consolidated $000s, except per unit amounts FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FINANCIAL Sales 113,922 140,966 182,686 175,264 180,376 Cost of goods sold 90,853 109,745 137,859 133,607 136,060 Gross margin $23,069 $31,221 $44,827 $41,657 $44,316 RESULTS Expenses: Selling, general and
Slide 26: Historical Results: Consumer and Commercial Segments
Consumer Segment Commercial Segment $000s FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 $000s FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Sales 85,661 96,719 131,107 129,414 130,469 Sales 28,261 44,247 51,578 45,850 49,907 Cost of goods sold 75,292 84,111 114,873 113,765 114,588 Cost of goods sold 15,562 25,6
Slide 27: 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 2025 INVESTOR PRESENTATION brileyfin.com lakestreetcapitalmarkets.com 27
Slide 28: Thank You / Contact Us
THANK YOU CONTACT US HEADQUARTERS Envela Corporation 1901 Gateway Drive Irving, TX 75038 PHONE (972) 587-4049 INVESTOR RELATIONS CONTACT ir@envelacorp.com envela.com