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ela: the income statement
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Commercial Segment
$12,321,375
Consumer Segment
$45,068,036
Sales
$57,389,411
(22.37%↑ Y/Y)
Gross margin
$13,067,930
(13.99%↑ Y/Y)
Cost of goods sold
$44,321,481
(25.08%↑ Y/Y)
Other income
$233,642
(-31.35%↓ Y/Y)
Operating income
$4,201,528
(107.95%↑ Y/Y)
Total operating
expenses
$8,866,402
(-6.11%↓ Y/Y)
Income before income
taxes
$4,329,413
(92.02%↑ Y/Y)
Interest expense
$105,757
(-0.36%↓ Y/Y)
Depreciation and
amortization
$472,524
(13.92%↑ Y/Y)
Selling, general and
administrative
$8,393,878
(-7.03%↓ Y/Y)
Net income
$3,356,920
(99.22%↑ Y/Y)
Income tax expense
$972,493
(70.72%↑ Y/Y)
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Income Statement
source: myfinsight.com
Envela Corp (ELA)
Envela Corp (ELA)