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Castellum is focused on building a large, successful technology services, solutions, and products company in the areas of cybersecurity, IT, electronic warfare, information warfare, system modernization, and information operations with businesses in the defense, federal, civilian, and commercial markets. Services include intelligence analysis, software development, software engineering, program…
$0.85
$0.01 (-1.40%)
Price from 5 days ago
The business is unprofitable at the operating level (-5.32% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 18.1% YoY with margins expanding 10.9pp. However, free cash flow softened 288%, worth monitoring whether this is timing or structural.
Free cash flow declined 288% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -$2M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$55M
▲ +18.1% YoY
Net Income (TTM)
-$2M
▲ +76.0% YoY
Op. Margin
-3.65%
▲ +10.9pp YoY
ROIC
-4.45%
▲ +15.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$2M
▼ -288.0% YoY
Op. Cash Flow (TTM)
$2M
▼ -273.9% YoY
Net Debt
-$15M
Net Cash Position
Cash & Equiv.
$16M
5Y CAGR: +31.7%
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