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Side-by-side financial comparison of Envela Corp (ELA) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Latham Group, Inc. is the larger business by last-quarter revenue ($100.0M vs $80.5M, roughly 1.2× Envela Corp). Envela Corp runs the higher net margin — 7.4% vs -7.0%, a 14.5% gap on every dollar of revenue. On growth, Envela Corp posted the faster year-over-year revenue change (66.6% vs 14.5%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $-3.7M). Over the past eight quarters, Envela Corp's revenue compounded faster (42.1% CAGR vs -4.9%).
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.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
ELA vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $80.5M | $100.0M |
| Net Profit | $6.0M | $-7.0M |
| Gross Margin | 20.5% | 28.0% |
| Operating Margin | 9.4% | -10.7% |
| Net Margin | 7.4% | -7.0% |
| Revenue YoY | 66.6% | 14.5% |
| Net Profit YoY | 274.6% | 76.0% |
| EPS (diluted) | $0.22 | $-0.06 |
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 | $100.0M | ||
| Q3 25 | $57.4M | $161.9M | ||
| Q2 25 | $54.9M | $172.6M | ||
| Q1 25 | $48.3M | $111.4M | ||
| Q4 24 | $48.3M | $87.3M | ||
| Q3 24 | $46.9M | $150.5M | ||
| Q2 24 | $45.3M | $160.1M | ||
| Q1 24 | $39.9M | $110.6M |
| Q4 25 | $6.0M | $-7.0M | ||
| Q3 25 | $3.4M | $8.1M | ||
| Q2 25 | $2.8M | $16.0M | ||
| Q1 25 | $2.5M | $-6.0M | ||
| Q4 24 | $1.6M | $-29.2M | ||
| Q3 24 | $1.7M | $5.9M | ||
| Q2 24 | $1.6M | $13.3M | ||
| Q1 24 | $1.9M | $-7.9M |
| Q4 25 | 20.5% | 28.0% | ||
| Q3 25 | 22.8% | 35.4% | ||
| Q2 25 | 22.6% | 37.1% | ||
| Q1 25 | 24.8% | 29.5% | ||
| Q4 24 | 23.1% | 24.6% | ||
| Q3 24 | 24.4% | 32.4% | ||
| Q2 24 | 25.1% | 33.1% | ||
| Q1 24 | 25.9% | 27.7% |
| Q4 25 | 9.4% | -10.7% | ||
| Q3 25 | 7.3% | 13.3% | ||
| Q2 25 | 5.9% | 14.3% | ||
| Q1 25 | 6.5% | -4.4% | ||
| Q4 24 | 3.9% | -14.9% | ||
| Q3 24 | 4.3% | 8.9% | ||
| Q2 24 | 4.2% | 12.5% | ||
| Q1 24 | 5.9% | -1.9% |
| Q4 25 | 7.4% | -7.0% | ||
| Q3 25 | 5.8% | 5.0% | ||
| Q2 25 | 5.0% | 9.3% | ||
| Q1 25 | 5.2% | -5.4% | ||
| Q4 24 | 3.3% | -33.4% | ||
| Q3 24 | 3.6% | 3.9% | ||
| Q2 24 | 3.5% | 8.3% | ||
| Q1 24 | 4.8% | -7.1% |
| Q4 25 | $0.22 | $-0.06 | ||
| Q3 25 | $0.13 | $0.07 | ||
| Q2 25 | $0.11 | $0.13 | ||
| Q1 25 | $0.10 | $-0.05 | ||
| Q4 24 | $0.07 | $-0.24 | ||
| Q3 24 | $0.06 | $0.05 | ||
| Q2 24 | $0.06 | $0.11 | ||
| Q1 24 | $0.07 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $9.9M | $279.8M |
| Stockholders' EquityBook value | $67.1M | $405.9M |
| Total Assets | $96.0M | $823.2M |
| Debt / EquityLower = less leverage | 0.15× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $19.8M | — |
| Q4 25 | $9.9M | $279.8M | ||
| Q3 25 | $12.5M | $281.1M | ||
| Q2 25 | $13.0M | $281.5M | ||
| Q1 25 | $13.2M | $306.9M | ||
| Q4 24 | $13.5M | $281.5M | ||
| Q3 24 | $13.8M | $282.8M | ||
| Q2 24 | $14.3M | $282.4M | ||
| Q1 24 | $14.6M | $282.8M |
| Q4 25 | $67.1M | $405.9M | ||
| Q3 25 | $61.1M | $408.4M | ||
| Q2 25 | $57.8M | $398.4M | ||
| Q1 25 | $55.1M | $381.1M | ||
| Q4 24 | $52.7M | $387.2M | ||
| Q3 24 | $51.1M | $416.6M | ||
| Q2 24 | $50.2M | $408.1M | ||
| Q1 24 | $49.3M | $391.8M |
| Q4 25 | $96.0M | $823.2M | ||
| Q3 25 | $90.9M | $844.4M | ||
| Q2 25 | $82.7M | $822.1M | ||
| Q1 25 | $79.7M | $824.6M | ||
| Q4 24 | $77.9M | $794.2M | ||
| Q3 24 | $77.4M | $853.4M | ||
| Q2 24 | $73.8M | $830.0M | ||
| Q1 24 | $74.7M | $808.6M |
| Q4 25 | 0.15× | 0.69× | ||
| Q3 25 | 0.20× | 0.69× | ||
| Q2 25 | 0.23× | 0.71× | ||
| Q1 25 | 0.24× | 0.81× | ||
| Q4 24 | 0.26× | 0.73× | ||
| Q3 24 | 0.27× | 0.68× | ||
| Q2 24 | 0.29× | 0.69× | ||
| Q1 24 | 0.30× | 0.72× |
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 | $23.3M |
| Free Cash FlowOCF − Capex | $-3.7M | $14.1M |
| FCF MarginFCF / Revenue | -4.6% | 14.1% |
| Capex IntensityCapex / Revenue | 0.2% | 9.2% |
| Cash ConversionOCF / Net Profit | -0.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.4M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.5M | $23.3M | ||
| Q3 25 | $2.4M | $51.0M | ||
| Q2 25 | $2.6M | $36.0M | ||
| Q1 25 | $1.1M | $-46.9M | ||
| Q4 24 | $3.7M | $6.2M | ||
| Q3 24 | $3.4M | $37.2M | ||
| Q2 24 | $-789.5K | $52.4M | ||
| Q1 24 | $3.8M | $-34.5M |
| Q4 25 | $-3.7M | $14.1M | ||
| Q3 25 | $2.2M | $45.2M | ||
| Q2 25 | $2.1M | $29.1M | ||
| Q1 25 | $746.6K | $-50.3M | ||
| Q4 24 | $3.2M | $-98.0K | ||
| Q3 24 | $1.5M | $33.2M | ||
| Q2 24 | $-1.3M | $47.9M | ||
| Q1 24 | $3.3M | $-39.9M |
| Q4 25 | -4.6% | 14.1% | ||
| Q3 25 | 3.8% | 27.9% | ||
| Q2 25 | 3.9% | 16.8% | ||
| Q1 25 | 1.5% | -45.2% | ||
| Q4 24 | 6.7% | -0.1% | ||
| Q3 24 | 3.1% | 22.1% | ||
| Q2 24 | -2.9% | 29.9% | ||
| Q1 24 | 8.4% | -36.0% |
| Q4 25 | 0.2% | 9.2% | ||
| Q3 25 | 0.4% | 3.6% | ||
| Q2 25 | 0.8% | 4.0% | ||
| Q1 25 | 0.8% | 3.1% | ||
| Q4 24 | 1.0% | 7.2% | ||
| Q3 24 | 4.2% | 2.7% | ||
| Q2 24 | 1.1% | 2.8% | ||
| Q1 24 | 1.1% | 4.8% |
| Q4 25 | -0.59× | — | ||
| Q3 25 | 0.72× | 6.29× | ||
| Q2 25 | 0.94× | 2.25× | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 2.34× | — | ||
| Q3 24 | 2.05× | 6.32× | ||
| Q2 24 | -0.50× | 3.95× | ||
| 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% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
