Envela vs Growgeneration
Envela is the larger business, with $241m of revenue in fiscal 2025 against $162m for Growgeneration (1.5 times as much). Envela grew faster (33.6% against -14.4%). Envela kept more of each dollar of sales as profit: a net margin of 6.1% against -14.9%. Growgeneration carries less debt relative to equity (0.0% against 26.4%).
| Latest fiscal year | EnvelaELA, 2025 | GrowgenerationGRWG, 2025 |
|---|---|---|
| Revenue | $241m | $162m |
| Revenue growth | 33.6% | -14.4% |
| Net income | $14.6m | −$24.0m |
| Operating margin | 7.5% | -15.8% |
| Net margin | 6.1% | -14.9% |
| Return on equity | 24.4% | -22.1% |
| Free cash flow | $1.4m | −$9.4m |
| Cash | $18.2m | $30.4m |
| Total debt | $17.7m | $0 |
| Debt to equity | 26.4% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $188,908 | $0 |
| Employees | — | 253 |
| Market value | $291m | $90.2m |
| Price vs our value range | Below our value range | — |
| Moat score | 50 (Moderate) | 48 (Moderate) |
| Insider trades, 12 months | 3 buys, 0 sales | 2 buys, 2 sales |