Castellum Q2 revenue $11.5M, positive adjusted EBITDA $0.3M

Castellum, Inc.

2024-Q2 EPS reported -$0.11 revenue$22,857,441

Q2 revenue $11.5M, up sequentially from $11.3M in Q1 2024.
Gross profit $4.7M vs $4.5M in Q1; operating loss narrowed to $(1.6)M from $(2.7)M.
Adjusted EBITDA turned positive at $0.3M, vs $(0.1)M in Q1 and $0.1M in Q2 2023.
CEO Glen Ives cites sequential progress and positive cash flow from operations.

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