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Envela ELA Commercial — Allowance For Notes And Loans Receivable Current

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Other financials

Income statement

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Revenue$98.4M+104%
Gross profit$20.6M+72.3%
Operating income$11.2M+259%
Net income$8.8M+255%
EPS (diluted)$0.34+240%

Balance sheet

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Cash & equivalents$38.6M+83.6%
Total debt$20.0M+11.5%
Total equity$75.9M+37.6%
Total assets$108.0M+35.5%

Cash flow

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Operating cash flow$21.2M+1,771%
CapEx$567.9K+47.7%
Free cash flow$20.6M+2,658%

Valuation

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Market cap$446.05M+140%
Enterprise value$427.49M+136%
P/E21.3×-0.5×
P/S1.5×+0.6×

Profitability

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Gross margin21.5%-2.9pp
Operating margin9%+4.3pp
Net margin7.2%+3.3pp
FCF margin4%

Returns & leverage

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Return on equity32%+17.9pp
Debt / equity0.3×-0.1×
Current ratio3.5×-1.0×

Where this comes from

Reported directly by Envela in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForNotesAndLoansReceivableCurrent.

The source filing: Envela’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000701719-26-000013

As of March 31, 2026, and December 31, 2025, the commercial segment’s allowance for returns was $54,560 and $42,339, respectively.

ITEM 1: FINANCIAL STATEMENTS

FAQ

What is Envela's commercial — allowance for notes and loans receivable current?
Envela (ELA) reported commercial — allowance for notes and loans receivable current of $54.56K in Q1 2026.
How has Envela's commercial — allowance for notes and loans receivable current changed year-over-year?
Envela's commercial — allowance for notes and loans receivable current increased by 2.1% year-over-year, from $53.46K to $54.56K.
What does commercial — allowance for notes and loans receivable current mean?
This represents the estimated amount of current notes and loans receivable that the company expects will not be collected. It serves as a contra-asset account to adjust the carrying value of receivables to their net realizable value. Monitoring this balance helps assess the credit risk exposure within the commercial segment's lending or financing activities.

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