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Monday, May 16, 2022 9:13:51 AM
Revenue for Q1 2022 was a record $9.99 million. Adjusted EBITDA (excluding non-cash depreciation, amortization, and stock compensation), a non-GAAP measure, was over $500,000. Liquidity remained strong with current assets at $8.29 million.
“Castellum continues to scale, with solid financial results,” said Mark Fuller, President, and CEO of Castellum. “Revenue reached another record and with our recent acquisition of Lexington Solutions Group we anticipate strong financial performance through the balance of the year. We continue to integrate our acquisitions from last year and solidify our platform for further acquisitions in the coming months based upon a strong pipeline of companies looking to sell. Work is well underway on our planned uplisting this summer. All in all, we are in the strongest position our company has ever been and we look forward to even better days ahead.”
About Castellum, Inc.:
Castellum, Inc. (OTC: ONOV) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development. The Company recently announced that with the closing of its latest acquisition, it is now at more than a $43 million annual revenue run-rate - https://castellumus.com/.
Recent CTM News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 08:44:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2024 08:04:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 08:00:28 PM
- Castellum, Inc. Promotes Drew Merriman to Chief Operating Officer • GlobeNewswire Inc. • 09/03/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 08:17:15 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 08:10:32 PM
- Castellum, Inc. Announces Higher Sequential Revenue, Positive Adjusted EBITDA, and Smaller Net Loss for Q2 2024 • GlobeNewswire Inc. • 08/09/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/22/2024 08:06:57 PM
- Castellum, Inc. Announces Strategic Alliance with K2 • GlobeNewswire Inc. • 07/22/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 08:02:20 PM
- Castellum, Inc. Issues Letter to Shareholders • GlobeNewswire Inc. • 07/17/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 08:01:58 PM
- Castellum, Inc. Retires Bank Term Loan Early • GlobeNewswire Inc. • 07/10/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:08:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/06/2024 08:08:41 PM
- Castellum, Inc. Continues to Reduce Debt • GlobeNewswire Inc. • 06/06/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 08:02:16 PM
- Castellum, Inc. Announces Leadership Changes • GlobeNewswire Inc. • 05/29/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:14:51 PM
- Castellum, Inc. Announces First Quarter Financial Results • GlobeNewswire Inc. • 05/15/2024 10:45:00 AM
- Castellum, Inc. Announces New Strategic Alliance • GlobeNewswire Inc. • 04/18/2024 10:45:00 AM
- Castellum, Inc. Announces 2023 Financial Results • GlobeNewswire Inc. • 03/21/2024 10:45:00 AM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 02/27/2024 10:22:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:33:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/23/2024 09:02:34 PM
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