Envela (ELA)

Recovers value from two used-asset streams: authenticated luxury goods and precious metals for consumers, plus retired IT equipment and electronic waste for commercial clients. Consumer subsidiaries buy and sell pre-owned fine jewelry, watches, handbags, rare coins, collectibles and bullion under the Dallas Gold & Silver Exchange, Charleston Gold & Diamond Exchange and Bullion Express brands. Commercial brands Echo Environmental, Teladvance, ITAD USA and Avail Recovery Solutions handle IT asset disposition, trade-ins, data sanitization, refurbishment, remarketing, dismantling and material recovery.

Uses product authentication and multiple resale channels to route consumer acquisitions to retail, online, wholesale or refining. Commercial operations provide chain-of-custody reporting and data-destruction, recycling and disposal services, with nationwide coverage and international support through third-party partners. Operations depend on authentication accuracy, precious-metal pricing and refining capacity, client-data and environmental compliance, cancellable commercial contracts, and third-party providers for international delivery.