vs
Side-by-side financial comparison of Envela Corp (ELA) and iQSTEL Inc (IQST). Click either name above to swap in a different company.
iQSTEL Inc is the larger business by last-quarter revenue ($84.2M vs $80.5M, roughly 1.0× Envela Corp). Envela Corp runs the higher net margin — 7.4% vs -3.2%, a 10.6% gap on every dollar of revenue. On growth, Envela Corp posted the faster year-over-year revenue change (66.6% vs -14.9%). iQSTEL Inc produced more free cash flow last quarter ($-1.2M vs $-3.7M). Over the past eight quarters, Envela Corp's revenue compounded faster (42.1% CAGR vs 28.0%).
Envela Corporation is a U.S.-based company that provides recommerce services aimed at extending product lifecycles and reducing resource consumption. The company operates through two primary segments: consumer and commercial.
iQSTEL Inc is a technology holding company operating three core segments: telecommunications, Internet of Things (IoT), and fintech. It offers connectivity services, smart IoT monitoring solutions, and digital financial tools, mainly serving small and medium-sized enterprises and retail customers in North and South American markets.
ELA vs IQST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $80.5M | $84.2M |
| Net Profit | $6.0M | $-2.7M |
| Gross Margin | 20.5% | 3.5% |
| Operating Margin | 9.4% | -2.9% |
| Net Margin | 7.4% | -3.2% |
| Revenue YoY | 66.6% | -14.9% |
| Net Profit YoY | 274.6% | -44.5% |
| EPS (diluted) | $0.22 | $-0.92 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $80.5M | $84.2M | ||
| Q3 25 | $57.4M | $102.9M | ||
| Q2 25 | $54.9M | $72.2M | ||
| Q1 25 | $48.3M | $57.6M | ||
| Q4 24 | $48.3M | $98.9M | ||
| Q3 24 | $46.9M | $54.2M | ||
| Q2 24 | $45.3M | $78.6M | ||
| Q1 24 | $39.9M | $51.4M |
| Q4 25 | $6.0M | $-2.7M | ||
| Q3 25 | $3.4M | $-2.3M | ||
| Q2 25 | $2.8M | $-2.3M | ||
| Q1 25 | $2.5M | $-1.1M | ||
| Q4 24 | $1.6M | $-1.9M | ||
| Q3 24 | $1.7M | $-773.0K | ||
| Q2 24 | $1.6M | $-2.0M | ||
| Q1 24 | $1.9M | $-580.2K |
| Q4 25 | 20.5% | 3.5% | ||
| Q3 25 | 22.8% | 2.7% | ||
| Q2 25 | 22.6% | 2.6% | ||
| Q1 25 | 24.8% | 3.4% | ||
| Q4 24 | 23.1% | 2.7% | ||
| Q3 24 | 24.4% | 3.7% | ||
| Q2 24 | 25.1% | 2.8% | ||
| Q1 24 | 25.9% | 2.7% |
| Q4 25 | 9.4% | -2.9% | ||
| Q3 25 | 7.3% | -0.5% | ||
| Q2 25 | 5.9% | -0.9% | ||
| Q1 25 | 6.5% | -1.0% | ||
| Q4 24 | 3.9% | -0.3% | ||
| Q3 24 | 4.3% | -0.1% | ||
| Q2 24 | 4.2% | -0.4% | ||
| Q1 24 | 5.9% | -0.4% |
| Q4 25 | 7.4% | -3.2% | ||
| Q3 25 | 5.8% | -2.3% | ||
| Q2 25 | 5.0% | -3.3% | ||
| Q1 25 | 5.2% | -2.0% | ||
| Q4 24 | 3.3% | -1.9% | ||
| Q3 24 | 3.6% | -1.4% | ||
| Q2 24 | 3.5% | -2.5% | ||
| Q1 24 | 4.8% | -1.1% |
| Q4 25 | $0.22 | $-0.92 | ||
| Q3 25 | $0.13 | $-0.68 | ||
| Q2 25 | $0.11 | $-0.82 | ||
| Q1 25 | $0.10 | $-0.44 | ||
| Q4 24 | $0.07 | $-1.19 | ||
| Q3 24 | $0.06 | $-0.40 | ||
| Q2 24 | $0.06 | $-0.90 | ||
| Q1 24 | $0.07 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $2.2M |
| Total DebtLower is stronger | $9.9M | $4.1M |
| Stockholders' EquityBook value | $67.1M | $16.3M |
| Total Assets | $96.0M | $51.1M |
| Debt / EquityLower = less leverage | 0.15× | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $2.2M | ||
| Q3 25 | — | $2.3M | ||
| Q2 25 | — | $2.0M | ||
| Q1 25 | — | $1.1M | ||
| Q4 24 | — | $2.5M | ||
| Q3 24 | — | $2.1M | ||
| Q2 24 | — | $797.2K | ||
| Q1 24 | $19.8M | $2.7M |
| Q4 25 | $9.9M | $4.1M | ||
| Q3 25 | $12.5M | $2.7M | ||
| Q2 25 | $13.0M | $4.5M | ||
| Q1 25 | $13.2M | $3.5M | ||
| Q4 24 | $13.5M | $2.5M | ||
| Q3 24 | $13.8M | $3.2M | ||
| Q2 24 | $14.3M | $2.5M | ||
| Q1 24 | $14.6M | $194.0K |
| Q4 25 | $67.1M | $16.3M | ||
| Q3 25 | $61.1M | $17.9M | ||
| Q2 25 | $57.8M | $14.3M | ||
| Q1 25 | $55.1M | $11.6M | ||
| Q4 24 | $52.7M | $11.9M | ||
| Q3 24 | $51.1M | $8.1M | ||
| Q2 24 | $50.2M | $7.6M | ||
| Q1 24 | $49.3M | $8.4M |
| Q4 25 | $96.0M | $51.1M | ||
| Q3 25 | $90.9M | $46.9M | ||
| Q2 25 | $82.7M | $51.4M | ||
| Q1 25 | $79.7M | $42.0M | ||
| Q4 24 | $77.9M | $79.0M | ||
| Q3 24 | $77.4M | $32.4M | ||
| Q2 24 | $73.8M | $30.0M | ||
| Q1 24 | $74.7M | $22.1M |
| Q4 25 | 0.15× | 0.25× | ||
| Q3 25 | 0.20× | 0.15× | ||
| Q2 25 | 0.23× | 0.31× | ||
| Q1 25 | 0.24× | 0.31× | ||
| Q4 24 | 0.26× | 0.21× | ||
| Q3 24 | 0.27× | 0.40× | ||
| Q2 24 | 0.29× | 0.34× | ||
| Q1 24 | 0.30× | 0.02× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.5M | $-1.2M |
| Free Cash FlowOCF − Capex | $-3.7M | $-1.2M |
| FCF MarginFCF / Revenue | -4.6% | -1.5% |
| Capex IntensityCapex / Revenue | 0.2% | 0.0% |
| Cash ConversionOCF / Net Profit | -0.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.4M | $-4.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.5M | $-1.2M | ||
| Q3 25 | $2.4M | $-953.0K | ||
| Q2 25 | $2.6M | $257.7K | ||
| Q1 25 | $1.1M | $-1.9M | ||
| Q4 24 | $3.7M | $-403.7K | ||
| Q3 24 | $3.4M | $625.0K | ||
| Q2 24 | $-789.5K | $-2.6M | ||
| Q1 24 | $3.8M | $-536.9K |
| Q4 25 | $-3.7M | $-1.2M | ||
| Q3 25 | $2.2M | $-969.2K | ||
| Q2 25 | $2.1M | $211.7K | ||
| Q1 25 | $746.6K | $-2.0M | ||
| Q4 24 | $3.2M | $-421.3K | ||
| Q3 24 | $1.5M | $594.5K | ||
| Q2 24 | $-1.3M | $-2.6M | ||
| Q1 24 | $3.3M | $-608.5K |
| Q4 25 | -4.6% | -1.5% | ||
| Q3 25 | 3.8% | -0.9% | ||
| Q2 25 | 3.9% | 0.3% | ||
| Q1 25 | 1.5% | -3.4% | ||
| Q4 24 | 6.7% | -0.4% | ||
| Q3 24 | 3.1% | 1.1% | ||
| Q2 24 | -2.9% | -3.4% | ||
| Q1 24 | 8.4% | -1.2% |
| Q4 25 | 0.2% | 0.0% | ||
| Q3 25 | 0.4% | 0.0% | ||
| Q2 25 | 0.8% | 0.1% | ||
| Q1 25 | 0.8% | 0.1% | ||
| Q4 24 | 1.0% | 0.0% | ||
| Q3 24 | 4.2% | 0.1% | ||
| Q2 24 | 1.1% | 0.0% | ||
| Q1 24 | 1.1% | 0.1% |
| Q4 25 | -0.59× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 2.34× | — | ||
| Q3 24 | 2.05× | — | ||
| Q2 24 | -0.50× | — | ||
| Q1 24 | 1.99× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ELA
| Consumer Segment | $67.7M | 84% |
| Commercial Segment | $12.8M | 16% |
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
