Definitely has potential to be a winner. Here’s why👇
REVENUE:
2020: $113.9M
2021: on track for $125M
NET INCOME:
2020: $6.4M
2021: on track for $9.1M
EARNINGS PER SHARE (EPS):
2020: 0.24
2021: on track for 0.34
MARKET CAP:
$110.4M. Super small cap. Plenty of room for rapid stock price (and overall company) growth.
KEY TAKEAWAY:
Envela Corp is a holding company owning subsidiaries engaged in various business activities with a focus on recommerce.
Watching this one very closely. Their 2021 financials are on track to beat 2020 in all 3 major categories. These are the main catalysts for stock price growth, as you can see in their stock price growth since 2019.
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