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Side-by-side financial comparison of Envela Corp (ELA) and Safehold Inc. (SAFE). Click either name above to swap in a different company.

Safehold Inc. is the larger business by last-quarter revenue ($97.9M vs $80.5M, roughly 1.2× Envela Corp). Safehold Inc. runs the higher net margin — 28.5% vs 7.4%, a 21.0% gap on every dollar of revenue. On growth, Envela Corp posted the faster year-over-year revenue change (66.6% vs 6.5%). Over the past eight quarters, Envela Corp's revenue compounded faster (42.1% CAGR vs 2.5%).

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.

SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.

ELA vs SAFE — Head-to-Head

Bigger by revenue
SAFE
SAFE
1.2× larger
SAFE
$97.9M
$80.5M
ELA
Growing faster (revenue YoY)
ELA
ELA
+60.1% gap
ELA
66.6%
6.5%
SAFE
Higher net margin
SAFE
SAFE
21.0% more per $
SAFE
28.5%
7.4%
ELA
Faster 2-yr revenue CAGR
ELA
ELA
Annualised
ELA
42.1%
2.5%
SAFE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ELA
ELA
SAFE
SAFE
Revenue
$80.5M
$97.9M
Net Profit
$6.0M
$27.9M
Gross Margin
20.5%
98.6%
Operating Margin
9.4%
27.4%
Net Margin
7.4%
28.5%
Revenue YoY
66.6%
6.5%
Net Profit YoY
274.6%
7.1%
EPS (diluted)
$0.22
$0.38

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.

Revenue
ELA
ELA
SAFE
SAFE
Q4 25
$80.5M
$97.9M
Q3 25
$57.4M
$96.2M
Q2 25
$54.9M
$93.8M
Q1 25
$48.3M
$97.7M
Q4 24
$48.3M
$91.9M
Q3 24
$46.9M
$90.7M
Q2 24
$45.3M
$89.9M
Q1 24
$39.9M
$93.2M
Net Profit
ELA
ELA
SAFE
SAFE
Q4 25
$6.0M
$27.9M
Q3 25
$3.4M
$29.3M
Q2 25
$2.8M
$27.9M
Q1 25
$2.5M
$29.4M
Q4 24
$1.6M
$26.0M
Q3 24
$1.7M
$19.3M
Q2 24
$1.6M
$29.7M
Q1 24
$1.9M
$30.7M
Gross Margin
ELA
ELA
SAFE
SAFE
Q4 25
20.5%
98.6%
Q3 25
22.8%
98.5%
Q2 25
22.6%
99.1%
Q1 25
24.8%
98.8%
Q4 24
23.1%
98.8%
Q3 24
24.4%
98.8%
Q2 24
25.1%
98.8%
Q1 24
25.9%
98.8%
Operating Margin
ELA
ELA
SAFE
SAFE
Q4 25
9.4%
27.4%
Q3 25
7.3%
25.9%
Q2 25
5.9%
25.5%
Q1 25
6.5%
25.9%
Q4 24
3.9%
24.6%
Q3 24
4.3%
17.5%
Q2 24
4.2%
26.7%
Q1 24
5.9%
26.4%
Net Margin
ELA
ELA
SAFE
SAFE
Q4 25
7.4%
28.5%
Q3 25
5.8%
30.5%
Q2 25
5.0%
29.8%
Q1 25
5.2%
30.1%
Q4 24
3.3%
28.3%
Q3 24
3.6%
21.3%
Q2 24
3.5%
33.0%
Q1 24
4.8%
33.0%
EPS (diluted)
ELA
ELA
SAFE
SAFE
Q4 25
$0.22
$0.38
Q3 25
$0.13
$0.41
Q2 25
$0.11
$0.39
Q1 25
$0.10
$0.41
Q4 24
$0.07
$0.36
Q3 24
$0.06
$0.27
Q2 24
$0.06
$0.42
Q1 24
$0.07
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ELA
ELA
SAFE
SAFE
Cash + ST InvestmentsLiquidity on hand
$21.7M
Total DebtLower is stronger
$9.9M
$4.6B
Stockholders' EquityBook value
$67.1M
$2.4B
Total Assets
$96.0M
$7.2B
Debt / EquityLower = less leverage
0.15×
1.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELA
ELA
SAFE
SAFE
Q4 25
$21.7M
Q3 25
$12.1M
Q2 25
$13.9M
Q1 25
$17.3M
Q4 24
$8.3M
Q3 24
$15.6M
Q2 24
$13.4M
Q1 24
$19.8M
$11.3M
Total Debt
ELA
ELA
SAFE
SAFE
Q4 25
$9.9M
$4.6B
Q3 25
$12.5M
$4.5B
Q2 25
$13.0M
$4.4B
Q1 25
$13.2M
$4.3B
Q4 24
$13.5M
$4.3B
Q3 24
$13.8M
$4.3B
Q2 24
$14.3M
$4.2B
Q1 24
$14.6M
$4.1B
Stockholders' Equity
ELA
ELA
SAFE
SAFE
Q4 25
$67.1M
$2.4B
Q3 25
$61.1M
$2.4B
Q2 25
$57.8M
$2.4B
Q1 25
$55.1M
$2.4B
Q4 24
$52.7M
$2.3B
Q3 24
$51.1M
$2.3B
Q2 24
$50.2M
$2.3B
Q1 24
$49.3M
$2.3B
Total Assets
ELA
ELA
SAFE
SAFE
Q4 25
$96.0M
$7.2B
Q3 25
$90.9M
$7.1B
Q2 25
$82.7M
$7.1B
Q1 25
$79.7M
$6.9B
Q4 24
$77.9M
$6.9B
Q3 24
$77.4M
$6.8B
Q2 24
$73.8M
$6.8B
Q1 24
$74.7M
$6.7B
Debt / Equity
ELA
ELA
SAFE
SAFE
Q4 25
0.15×
1.90×
Q3 25
0.20×
1.89×
Q2 25
0.23×
1.87×
Q1 25
0.24×
1.85×
Q4 24
0.26×
1.84×
Q3 24
0.27×
1.88×
Q2 24
0.29×
1.81×
Q1 24
0.30×
1.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ELA
ELA
SAFE
SAFE
Operating Cash FlowLast quarter
$-3.5M
$47.8M
Free Cash FlowOCF − Capex
$-3.7M
FCF MarginFCF / Revenue
-4.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
-0.59×
1.72×
TTM Free Cash FlowTrailing 4 quarters
$1.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELA
ELA
SAFE
SAFE
Q4 25
$-3.5M
$47.8M
Q3 25
$2.4M
$-1.4M
Q2 25
$2.6M
$28.0M
Q1 25
$1.1M
$8.9M
Q4 24
$3.7M
$37.9M
Q3 24
$3.4M
$8.3M
Q2 24
$-789.5K
$24.8M
Q1 24
$3.8M
$-3.1M
Free Cash Flow
ELA
ELA
SAFE
SAFE
Q4 25
$-3.7M
Q3 25
$2.2M
Q2 25
$2.1M
Q1 25
$746.6K
Q4 24
$3.2M
Q3 24
$1.5M
Q2 24
$-1.3M
Q1 24
$3.3M
FCF Margin
ELA
ELA
SAFE
SAFE
Q4 25
-4.6%
Q3 25
3.8%
Q2 25
3.9%
Q1 25
1.5%
Q4 24
6.7%
Q3 24
3.1%
Q2 24
-2.9%
Q1 24
8.4%
Capex Intensity
ELA
ELA
SAFE
SAFE
Q4 25
0.2%
Q3 25
0.4%
Q2 25
0.8%
Q1 25
0.8%
Q4 24
1.0%
Q3 24
4.2%
Q2 24
1.1%
Q1 24
1.1%
Cash Conversion
ELA
ELA
SAFE
SAFE
Q4 25
-0.59×
1.72×
Q3 25
0.72×
-0.05×
Q2 25
0.94×
1.00×
Q1 25
0.45×
0.30×
Q4 24
2.34×
1.45×
Q3 24
2.05×
0.43×
Q2 24
-0.50×
0.83×
Q1 24
1.99×
-0.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ELA
ELA

Consumer Segment$67.7M84%
Commercial Segment$12.8M16%

SAFE
SAFE

Equity Method Investment Nonconsolidated Investee Or Group Of Investees$60.3M62%
Other$33.7M34%
Stabilized Properties$3.8M4%

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