Envela Corp (AMEX:ELA)
$ 4.63 0.11 (2.43%) Market Cap: 121.66 Mil Enterprise Value: 120.42 Mil PE Ratio: 19.29 PB Ratio: 2.47 GF Score: 80/100

Envela Corp at Precious Metals Summit Planet Microcap Showcase Transcript

Apr 26, 2023 / 08:30PM GMT
Release Date Price: $6.34 (-0.16%)
Unidentified Participant

All right, everybody, I'd like to introduce our next presentation here on the afternoon session at Planet Microcap Showcase in track one. This is a fireside Q&A with Ryan Irvine from Keystone Financial, and his guest for this fireside Q&A is John Loftus from Envela. Enjoy.

Ryan Irvine
Keystone Financial - President & CEO

Thank you. The mic works. That's a good thing. I'm not going to completely introduce a lot of you. We're just in the presentation we just gave. Keystone's a fully independent financial advisor. We went through that. I'm going to talk about one of the companies that is in our coverage today, and we've just picked it up in coverage. So there's where you can find Keystone.

This company is called Envela. It's a re-commerce business that is based on recycling and reselling of products through two distinct businesses. The first is the commercial segment that focuses on consumer electronics, IT equipment, offering customers re-commerce solutions to commercial clients, including many of the Fortune 500 companies,

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