Envela Corp

Envela Corporation operates in recommerce and recycling across consumer and commercial segments. Its consumer business buys and sells pre-owned luxury hard assets, including fine jewelry, diamonds, gemstones, high-end watches, and secondary-market bullion. It also provides precious-metals feedstock to refiners and crafts sustainable jewelry designs. The commercial business delivers electronic waste recycling, IT asset disposition (ITAD), and product-returns management. Across these lines, it performs data sanitization, equipment refurbishment, remarketing, and metal reclamation. The company serves individual consumers, retailers, ITAD business partners, electronics manufacturers, wholesalers, and metal refiners.

Headquartered in Irving, Texas, the company conducts its operations across the United States and serves international markets through third-party relationships and wholesale technology sales. Its consumer segment conducts business via online channels and brick-and-mortar retail stores, including locations operating under the Four Nines brand with in-store Bijoux Exchange buying platforms. The commercial division manages dedicated processing facilities alongside fee-for-service reverse logistics partnerships.

Summary of the business section of Envela's latest annual report, written by StockData.

“As of December 31, 2023, we had 288 full-time equivalent employees.”