Castellum Q1 2023 revenue $9.9M, GAAP operating loss $4.7M; acquires GTMR

Castellum, Inc.

2023-Q1 EPS reported -$0.10 revenue$9,937,013

Q1 2023 revenue $9.9M, gross profit $4.0M, GAAP operating loss $4.7M.
Non-GAAP Recurring Cash Operating Loss of ($0.5M) excludes $3.7M stock/option expense and $0.5M D&A.
Completed acquisition of GTMR (annual revenue ~$10M), described as accretive.
Provides first-time forward revenue guidance for April 2023–March 2024 (exact figure not disclosed).
CEO Mark Fuller says actions planned to improve cost structure and profitability.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Castellum, Inc. reported the three months ended March 31, 2023 results: revenue $9.9 million.

Period: the three months ended March 31, 2023
Revenue: $9.9 million
Result: reported results

Exact text from the filing

Revenues for the three months ended March 31, 2023 were $9.9 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Castellum, Inc. updated its the 12 month period April 1, 2023 – March 31, 2024 guidance (initiated).

Period: the 12 month period April 1, 2023 – March 31, 2024
Guidance: initiated
Result: guidance update

Exact text from the filing

provides expected revenue guidance for the 12 month period April 1, 2023 – March 31, 2024.

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168 earnings releases filed in the last 30 days. Browse all earnings releases →

Castellum, Inc. filing history →

Source: SEC EDGAR

accession 0001575872-23-000750

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