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Birks vs Envela: revenue, profit, margins and growth compared

Birks brought in $177.8M of revenue in fiscal 2025, Envela $241M in fiscal 2025. Revenue changed by -4.0% at Birks and +33.6% at Envela on the year before, so Envela grew faster. Birks kept -7.2% of its revenue as net profit, Envela 6.1%. Free cash flow was -$8.9M at Birks and $1.4M at Envela.

Side by side, latest fiscal year

BGIELA
Fiscal year endedFY2025 (March 29, 2025)FY2025 (December 31, 2025)
Revenue$177.8M$241M
Revenue growth-4.0%+33.6%
Net income-$12.8M$14.6M
Net margin-7.2%6.1%
Free cash flow-$8.9M$1.4M
Free cash flow margin-5.0%0.6%
Earnings per share (diluted)-$0.66$0.56
Cash$1.5M$18.2M
Debt$21.4M$9.9M
Price to earningsn/a22.4
Market value$6.9M$325.6M
Dividend yieldn/an/a
Rank by revenue in sector#679 of 955 · Consumer discretionary#653 of 955 · Consumer discretionary

Over the years

Revenue
BGI FY2018: $146.6MBGI FY2019: $151MBGI FY2020: $169.4MBGI FY2021: $143.1MBGI FY2022: $181.3MBGI FY2023: $163MBGI FY2024: $185.3MBGI FY2025: $177.8MELA FY2018: $54.1MELA FY2019: $82MELA FY2020: $113.9MELA FY2022: $141MELA FY2022: $182.7MELA FY2023: $175.3MELA FY2024: $180.4MELA FY2025: $241MFY18FY19FY20FY21FY22FY23FY24FY25
BGI $177.8MELA $241M
Net income
BGI FY2018: $14.1MBGI FY2019: -$18.7MBGI FY2020: -$12.8MBGI FY2021: -$5.8MBGI FY2022: $1.3MBGI FY2023: -$7.4MBGI FY2024: -$4.6MBGI FY2025: -$12.8MELA FY2018: $657.7KELA FY2019: $2.8MELA FY2020: $6.4MELA FY2022: $10MELA FY2022: $15.7MELA FY2023: $7.1MELA FY2024: $6.8MELA FY2025: $14.6MFY18FY19FY20FY21FY22FY23FY24FY25
BGI -$12.8MELA $14.6M
Net margin
BGI FY2018: 9.6%BGI FY2019: -12.4%BGI FY2020: -7.5%BGI FY2021: -4.1%BGI FY2022: 0.7%BGI FY2023: -4.6%BGI FY2024: -2.5%BGI FY2025: -7.2%ELA FY2018: 1.2%ELA FY2019: 3.4%ELA FY2020: 5.6%ELA FY2022: 7.1%ELA FY2022: 8.6%ELA FY2023: 4.1%ELA FY2024: 3.7%ELA FY2025: 6.1%FY18FY19FY20FY21FY22FY23FY24FY25
BGI -7.2%ELA 6.1%
Revenue growth
BGI FY2019: +3.0%BGI FY2020: +12.2%BGI FY2021: -15.6%BGI FY2022: +26.8%BGI FY2023: -10.1%BGI FY2024: +13.7%BGI FY2025: -4.0%ELA FY2019: +51.7%ELA FY2020: +38.9%ELA FY2022: +23.7%ELA FY2022: +29.6%ELA FY2023: -4.1%ELA FY2024: +2.9%ELA FY2025: +33.6%FY19FY20FY21FY22FY23FY24FY25
BGI -4.0%ELA +33.6%
Free cash flow
BGI FY2018: -$44.8MBGI FY2019: -$16.3MBGI FY2020: -$9.6MBGI FY2021: -$4.7MBGI FY2022: $14MBGI FY2023: -$15.3MBGI FY2024: -$6.5MBGI FY2025: -$8.9MELA FY2018: $250.1KELA FY2019: -$645.8KELA FY2020: $1MELA FY2022: -$333.7KELA FY2022: $9.7MELA FY2023: $3.8MELA FY2024: $6.7MELA FY2025: $1.4MFY18FY19FY20FY21FY22FY23FY24FY25
BGI -$8.9MELA $1.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about Birks and Envela

Which is bigger by revenue, Birks or Envela?

Envela is bigger by revenue: $241M in fiscal 2025, against $177.8M for Birks in fiscal 2025.

Which keeps more of its revenue as profit, Birks or Envela?

Birks had a net margin of -7.2% in fiscal 2025; Envela had 6.1% in fiscal 2025.

Which grew revenue faster, Birks or Envela?

In their latest fiscal years revenue changed by -4.0% at Birks and +33.6% at Envela.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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