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Envela is a leading provider of recommerce and recycling services at the forefront of the circular economy. Motivated by building long-lasting relationships rooted in trust and transparency, Envela s brands address a broad range of sustainability and value-driven initiatives that impact consumers and businesses alike.
Operating margin is thin at 7.51%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue up 33.6% YoY with margins expanding 3.0pp. However, free cash flow softened 79%, worth monitoring whether this is timing or structural.
Free cash flow declined 79% versus the prior year, cash generation momentum has weakened. Net debt of $9M represents 6.9x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$291M
▲ +33.6% YoY
Net Income (TTM)
$21M
▲ +116.0% YoY
Op. Margin
9.00%
▲ +3.0pp YoY
ROIC
22.33%
▲ +7.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$21M
▼ -79.5% YoY
Op. Cash Flow (TTM)
$23M
▼ -74.7% YoY
Net Debt
-$11M
Net Cash Position
Cash & Equiv.
$39M
5Y CAGR: +16.2%
5Y CAGR: +6.0%
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