earnings
confidence high
sentiment neutral
materiality 0.55
Castellum reports record Q3 revenue $11.12M, GAAP operating loss $2.05M
Castellum, Inc.
2022-Q3 EPS reported
-$0.39
revenue$32,166,104
- Record Q3 revenue of $11.12M; gross profit $4.65M (gross margin >40%).
- GAAP operating loss of $2.05M inclusive of non-cash and non-recurring charges.
- Non-GAAP Recurring Cash Operating Profit of ~$645k, excluding $2.55M stock/warrant expense and $150k uplisting costs.
- Letter of intent to acquire a $10M revenue East Coast company, positioning for stronger 2023.