Envela Net Income from 2010 to 2024

ELA Stock  USD 6.50  0.01  0.15%   
Envela Corp's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 7.5 M this year. From 2010 to 2024 Envela Corp Net Income quarterly data regression line had arithmetic mean of  2,669,163 and significance of  0. View All Fundamentals
 
Net Income  
First Reported
1992-09-30
Previous Quarter
1.6 M
Current Value
1.7 M
Quarterly Volatility
1.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Envela Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envela Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 350.2 K or Total Revenue of 180.3 M, as well as many indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 0.0 or PTB Ratio of 2.56. Envela financial statements analysis is a perfect complement when working with Envela Corp Valuation or Volatility modules.
  
Check out the analysis of Envela Corp Correlation against competitors.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.

Latest Envela Corp's Net Income Growth Pattern

Below is the plot of the Net Income of Envela Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Envela Corp financial statement analysis. It represents the amount of money remaining after all of Envela Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Envela Corp's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Envela Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.15 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Envela Net Income Regression Statistics

Arithmetic Mean2,669,163
Coefficient Of Variation212.65
Mean Deviation4,471,995
Median1,013,535
Standard Deviation5,676,020
Sample Variance32.2T
Range20.2M
R-Value0.75
Mean Square Error15.4T
R-Squared0.56
Significance0
Slope947,143
Total Sum of Squares451T

Envela Net Income History

20247.5 M
20237.1 M
202215.7 M
202110 M
20206.4 M
20192.8 M
2018657.7 K

Other Fundumenentals of Envela Corp

Envela Corp Net Income component correlations

About Envela Corp Financial Statements

Envela Corp stakeholders use historical fundamental indicators, such as Envela Corp's Net Income, to determine how well the company is positioned to perform in the future. Although Envela Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Envela Corp's assets and liabilities are reflected in the revenues and expenses on Envela Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Envela Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income7.1 M7.5 M
Net Income From Continuing Ops11.7 M12.3 M
Net Income Applicable To Common Shares18 M18.9 M
Net Income Per Share 0.27  0.28 
Net Income Per E B T 0.79  0.87 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Envela Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Envela Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Envela Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envela Corp Stock:
Check out the analysis of Envela Corp Correlation against competitors.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Envela Corp. If investors know Envela will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Envela Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.25
Revenue Per Share
6.3
Quarterly Revenue Growth
0.272
Return On Assets
0.0648
Return On Equity
0.1307
The market value of Envela Corp is measured differently than its book value, which is the value of Envela that is recorded on the company's balance sheet. Investors also form their own opinion of Envela Corp's value that differs from its market value or its book value, called intrinsic value, which is Envela Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Envela Corp's market value can be influenced by many factors that don't directly affect Envela Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Envela Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envela Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envela Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.