ENV — Stock Film
STOCK FILMSCENE 1/12ENV · $63.14
Stock Expert AI presents
ENV
Envestnet, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Envestnet, Inc. What it actually does.

Provides an end-to-end open architecture wealth management platform. Offers data aggregation and reporting services. Now — the numbers.

on the stock market since 2010
3,069 employees
$3.5B market value
WHERE DOES THE MONEY COME FROM?
49%Recurring Revenue
Recurring RevenueAsset Based Revenue 30%Subscription and Circulation 19%Professional Services and Other Revenues 1%
49% of all revenue comes from a single line: Recurring Revenue.

The biggest line carries real weight, but it doesn’t decide everything on its own.

Revenue last year:
$1.2B
The loss that same year:
$238.7M
For every $1 it earns, the company spends $1.2.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 8% a year over the last 4 years. Red columns mark years that ended in a loss.

$900.1M
2019
2020
2021
2022
$1.2B
2023
In the vault right now:
$91.4M
DEBT: $990.4M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
7 / 8
EXPECTATIONS MET OR BEATEN
7
Feb 2023
Nov 2024
7 TIMES IN THE LAST 8 QUARTERS
It clears the bar, quarter after quarter.
THE PRICE TAG
MARKET VALUE / ANNUAL SALES
2.8×

This company is not turning a profit, so the market is pricing its sales instead: 2.8× for every dollar of annual revenue.

Analysts' average target sits 7% above today's price.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 26% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 4 years, sales grew about 8% a year on average.

2
THE BRIGHT SIDE · 2/3
Sales are holding up

The company sells $1.2B a year; the problem isn’t sales — it’s costs running above that number.

3
THE BRIGHT SIDE · 3/3
Delivers on expectations

It met or beat analyst expectations in 7 of the last 8 quarters — consistency is a promise kept.

1
THE RISKS · 1/2
The losses continue

A loss of $238.7M against $1.2B in annual sales.

2
THE RISKS · 2/2
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
grade pending

We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Sep 10, 2026 · stockexpertai.com · Stock Film