ELA Description — Envela Corp
Envela focuses its re-commerce business on two areas: direct-to-consumer and commercial services. Co.'s direct-to-consumer portfolio operates multiple brick-and-mortar and online marketplaces. Co.'s commercial-services portfolio provides custom re-commerce solutions. Co.'s segments are: commercial-services, which is led by Co.'s subsidiary, ECHG, LLC, provides asset- disposition solutions to government agencies and others; and direct-to-consumer, which is led by Co.'s subsidiary, DGSE, LLC, buys to resell or recycle luxury hard assets like jewelry, diamonds, gemstones, fine watches, rare coins and related collectibles, precious-metal bullion products, gold, silver and other precious metals.