Envela Historical Income Statement
ELA Stock | USD 6.50 0.01 0.15% |
Historical analysis of Envela Corp income statement accounts such as Total Revenue of 180.3 M or Gross Profit of 42.3 M can show how well Envela Corp performed in making a profits. Evaluating Envela Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Envela Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Envela Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Envela Corp is a good buy for the upcoming year.
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About Envela Income Statement Analysis
Envela Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Envela Corp shareholders. The income statement also shows Envela investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Envela Corp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Envela Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Envela Corp minus its cost of goods sold. It is profit before Envela Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Envela Corp. It is also known as Envela Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Envela Corp income statement and represents the costs associated with goods and services Envela Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Envela Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Envela Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envela Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.At present, Envela Corp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 180.3 M, whereas Interest Expense is forecasted to decline to about 350.2 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 31.2M | 44.8M | 40.3M | 42.3M | Total Revenue | 141.0M | 182.7M | 171.7M | 180.3M |
Envela Corp income statement Correlations
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Envela Corp Account Relationship Matchups
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Envela Corp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 570.1K | 728.6K | 926.1K | 1.5M | 1.4M | 1.4M | |
Interest Expense | 415.0K | 620.5K | 704.1K | 483.7K | 463.2K | 350.2K | |
Total Revenue | 82.0M | 113.9M | 141.0M | 182.7M | 171.7M | 180.3M | |
Gross Profit | 16.3M | 23.1M | 31.2M | 44.8M | 40.3M | 42.3M | |
Other Operating Expenses | 78.8M | 107.1M | 131.5M | 168.7M | 162.9M | 171.1M | |
Operating Income | 3.2M | 6.8M | 9.5M | 13.9M | 8.8M | 9.2M | |
Ebit | 3.2M | 6.8M | 9.5M | 13.9M | 8.8M | 9.2M | |
Ebitda | 3.8M | 7.5M | 10.4M | 15.4M | 10.1M | 10.6M | |
Cost Of Revenue | 65.8M | 90.9M | 109.7M | 137.9M | 131.4M | 137.9M | |
Total Operating Expenses | 13.0M | 16.3M | 21.7M | 30.9M | 32.9M | 34.5M | |
Income Before Tax | 2.9M | 6.5M | 10.2M | 14.4M | 9.0M | 9.5M | |
Total Other Income Expense Net | (365.2K) | (313.5K) | 664.7K | 435.0K | 264.6K | 277.8K | |
Net Income | 2.8M | 6.4M | 10.0M | 15.7M | 7.1M | 7.5M | |
Income Tax Expense | 95.1K | 89.6K | 112.8K | (1.3M) | 1.9M | 2.0M | |
Selling General Administrative | 12.1M | 15.3M | 20.3M | 28.7M | 30.6M | 16.1M | |
Net Income From Continuing Ops | 2.8M | 6.4M | 8.4M | 15.7M | 11.7M | 12.3M | |
Non Operating Income Net Other | (49.8K) | 307.0K | (299.4K) | 918.7K | 1.1M | 1.1M | |
Net Income Applicable To Common Shares | 2.8M | 6.4M | 10.0M | 15.7M | 18.0M | 18.9M | |
Selling And Marketing Expenses | 392.6K | 240.8K | 459.4K | 773.9K | 982.5K | 1.0M | |
Tax Provision | 95.1K | 89.6K | 112.8K | (1.3M) | 80.0K | 84.0K | |
Interest Income | 415.0K | 620.5K | 704.1K | 483.7K | 556.2K | 451.6K | |
Net Interest Income | (415.0K) | (620.5K) | (704.1K) | (483.7K) | (468.4K) | (491.8K) | |
Reconciled Depreciation | 520.3K | 728.6K | 926.1K | 1.5M | 1.4M | 881.3K |
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envela Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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.