Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $13.3M | $25.1M | $42.2M | $45.2M | $44.8M | $52.9M |
| Revenue growth | — | 87.9% | 68.3% | 7.2% | -1.1% | 18.1% |
| Gross profit | $6.18M | $11.1M | $17.6M | $18.7M | $18.3M | $19.4M |
| Gross margin | 46.3% | 44.2% | 41.7% | 41.3% | 40.8% | 36.6% |
| Operating income | -$1.47M | -$7.73M | -$9.96M | -$16.7M | -$7.24M | -$2.81M |
| Operating margin | -11.0% | -30.8% | -23.6% | -36.8% | -16.2% | -5.3% |
| Net income | -$2.71M | -$7.55M | -$14.9M | -$17.8M | -$9.98M | -$2.40M |
| Net margin | -20.3% | -30.1% | -35.3% | -39.3% | -22.3% | -4.5% |
| EPS (diluted) | -$0.17 | -$0.41 | -$0.55 | -$0.38 | -$0.18 | -$0.03 |
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | $1.01M | -$1.35M | $990K | -$2.26M | $1.12M | -$1.95M |
| Capital expenditures | $2.59K | $10.2K | $89.3K | $18.3K | $3.32K | $152K |
| Free cash flow | $1.00M | -$1.36M | $901K | -$2.28M | $1.12M | -$2.10M |
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.41M | $2.02M | $4.64M | $1.83M | $12.3M | $14.9M |
| Total assets | — | $30.8M | $33.0M | $30.1M | $37.8M | $41.9M |
| Total liabilities | — | $15.4M | $15.5M | $17.2M | $17.7M | $6.15M |
| Long-term debt | — | $8.39M | $8.37M | $8.07M | $8.00M | — |
| Shareholders' equity | $2.61M | $15.3M | $17.5M | $12.9M | $20.2M | $35.8M |
| Retained earnings | — | -$11.1M | -$26.1M | -$44.0M | -$54.1M | -$56.6M |
| Shares (wtd avg diluted) | 16.2M | 18.3M | 27.5M | 47.2M | 55.3M | 93.0M |
Every figure is extracted from Castellum, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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