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Income Statement
Envela Corp (ELA)
source: myfinsight.com
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Commercial Segment
$11,703,075
Consumer Segment
$43,173,758
Sales
$54,876,833
Gross margin
$12,387,923
Cost of goods sold
$42,488,910
Operating income
$3,255,445
Other income
$394,251
Total operating
expenses
$9,132,478
Income before income
taxes
$3,543,468
Interest expense
$106,228
Depreciation and
amortization
$460,411
Selling, general and
administrative
$8,672,067
Net income
$2,752,399
Income tax expense
$791,069
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