Castellum Q3 revenues $11.7M, operating loss $8.6M on $6.9M goodwill write-down

Castellum, Inc.

2023-Q3 EPS reported -$0.34 revenue$34,153,979

Revenue $11.7M, gross profit $4.8M; operating loss of $8.6M includes $6.9M goodwill impairment.
Non-GAAP Recurring Cash Operating Profit positive $194.7K, up from prior period.
Management reaffirms 2024 RCOP target of $3.5M, citing cost-cutting progress.
Pipeline of opportunities growing; selectively evaluating M&A and strategic options.
Full Q3 results to be filed on Form 10-Q later today.

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 0.95

Castellum, Inc. reported three months ended September 30, 2023 results: revenue $11.7 million.

Period: three months ended September 30, 2023
Revenue: $11.7 million
Result: reported results

Exact text from the filing

on the federal government, announces highlights of its operating results for its third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights • Revenues were $11.7 million. • Gross profit was $4.8 million. • Operating loss, inclusive of all non-cash and non-recurring charges, including a $6.9 million write-down of goodwill triggered by the

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Source: SEC EDGAR

accession 0001877939-23-000031

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