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Envela Reports Second Quarter 2021 Financial Results ACCESSWIRE Quarterly Net Income Up 280% Year-over-Year to $2.2 Million DALLAS, TX / ACCESSWIRE / August 4, 2021 / Envela Corporation(NYSE American:ELA) ( Envela or the Company ), today reported financial results for its second quarter ended June 30, 2021. Management Commentary We concluded the second quarter with solid top-line and bottom-line results across both the ECHG and DGSE segments of our business thanks to our team s ability to execute, said John Loftus, Chairman and CEO of Envela. In parallel to our organic growth strategy, we also plan to expand through our active M&A approach, especially within ECHG, as we intend to acquire accretive businesses that are additive to our value proposition. Moreover, we are focused on further enhancing our broader ESG initiatives across all fronts of our business and are committed to being an organization that gives investors the opportunity to invest in a sustainable and sociall

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