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(6.80%)
Closed July 13 4:00PM
0.215
-0.005
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jmgreeny jmgreeny 3 months ago
They restricted pay or laid people off. You make 45 million in a year. The balance sheet is not cash flow positive maybe you might have to cut executives salaries. Let us know when you think the company will be cash flow positive.
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garymatt garymatt 4 months ago
I really expected some discussion
around February 27, 2024 NOTICE OF ACTION BY WRITTEN CONSENT OF STOCKHOLDERS AND INFORMATION STATEMENT.
either a gasp good, gasp bad, or even a shrug of indifference.
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micromillionaire micromillionaire 4 months ago
42 ml shares... that's 80/42... 1.9 micro™️🇺🇸
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jmgreeny jmgreeny 4 months ago
Somebody anybody what is the actual % of the split on the 80 million dollar government contract
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jmgreeny jmgreeny 6 months ago
We need some new updates. No news is bad nees
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mick mick 6 months ago
https://www.otcmarkets.com/stock/CTM
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jmgreeny jmgreeny 7 months ago
Debbie downers all of all.
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Willis19 Willis19 8 months ago
Agree …. The financial statements and the press releases are like signs on the road …..
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Willis19 Willis19 8 months ago
Last call ! The Castellum Inc. Train is heading south “again.” Hold on tight, as 2024 may bring rougher waters ….. grab a life vest.
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Sly1969 Sly1969 8 months ago
Back in today at .2134. Average. Confident of 100 percent run from these levels hopefully in 1 to 2 months
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mick mick 8 months ago
https://www.otcmarkets.com/stock/CTM
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TrendTrade2016 TrendTrade2016 8 months ago
CTM...TARGET IN
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podacs podacs 8 months ago
CTM is back in play . Up 150% in 2 weeks. More to come. Next target .58 then 1.02
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TrendTrade2016 TrendTrade2016 8 months ago
CTM TO 59C
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jmgreeny jmgreeny 9 months ago
It’s making a move in after hours up 50+%
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garymatt garymatt 9 months ago
I remember, and this is not a happy memory, of the price per share being so low ie less than a penny, that it was not even worth selling. THEN the change happened and my shares got up to an unbelievable 40K with an uplist making everyone hope for even better.
NOW, I'm back back to that to those old days and expect delisting shortly.
Is there any better legitimate opinion out there about what the company will do now?
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Crazy Investor Crazy Investor 9 months ago
10 cents per share soon?
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jmgreeny jmgreeny 9 months ago
What the hell is happening.
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mick mick 10 months ago
https://www.otcmarkets.com/stock/CTM
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mc73 mc73 10 months ago
I am watching and waiting - hoping they become profitable and the share price goes up!
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abrooklyn abrooklyn 10 months ago
Castellum Announces the Award of a $3 million Contract to its Specialty Systems, Inc. Subsidiary

Source: GlobeNewswire Inc.

Castellum, Inc. (NYSE-American: CTM) (“Castellum”) announces that its Specialty Systems, Inc. subsidiary has been awarded a $3 million, 14-month U.S. Navy contract.
With this contract, Castellum furthers the commitment to its U.S. Navy mission.

“This is an important contract award as it will permit us to support our U.S. Navy mission customer by maximizing the readiness of the forces as they address a multitude of global threats,” said Mark Fuller, President and Chief Executive Officer of Castellum. “We are constantly looking for opportunities to leverage our expertise and past performance by creating new ways to support the national security imperatives of all the Castellum mission customers.”

About Castellum, Inc.

Castellum, Inc. (NYSE-American: CTM)?is a defense-oriented technology company, which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space - http://castellumus.com/

Forward-Looking Statements:?

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company’s expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as “estimate,” “project,” “believe,” “anticipate,” “shooting to,” “intend,” “plan,” “foresee,” “likely,” “will,” “would,” “appears,” “goal,” “target” or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations for revenue growth and new customer opportunities, improvements to cost structure, and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget; and the Company’s ability to maintain the listing of its common stock on the NYSE American LLC. For a more detailed description of these and other risk factors, please refer to the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (“SEC”) which can be viewed at www.sec.gov. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in this release or in any of its SEC filings except as may be otherwise stated by the Company.

Contact:

Mark Fuller
President and Chief Executive Officer
Contact: info@castellumus.com
Phone: (301) 961-4895



Primary Logo
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jmgreeny jmgreeny 10 months ago
If they don’t become profitable in late 2023 then I might be forced to buy more to get my average lower to sell. Best of luck to all.
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abrooklyn abrooklyn 11 months ago
Fido borrow rate

CTM - CASTELLUM INC COM 11.375%
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mc73 mc73 11 months ago
Can anyone explain why the price is dropping so hard when the Q report shows such improvement? Also there are firms with price targets of over $1...just wondering if someone can make some sense of this for me. TIA
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abrooklyn abrooklyn 11 months ago
Castellum, Inc. Announces Strong Second Quarter Financial Results

Source: GlobeNewswire Inc.

Castellum, Inc. (NYSE-American: CTM) (the “Company”), a cybersecurity and electronic warfare company focused on the federal government, announces highlights of its operating results for its second quarter ended June 30, 2023.
Second Quarter 2023 Financial Highlights:

Revenues were $12.5 million compared to $9.9 million during the first quarter of 2023.
Gross profit was $5.2 million compared to $4 million during the first quarter of 2023.
Operating loss, inclusive of all non-cash charges ($2.0 million), was $1.9 million compared to $4.7 million during the first quarter of 2023.
Cash provided by operating activities was $0.6 million compared to negative $2.4 million during the first quarter of 2023.
Non-GAAP Recurring Cash Operating Profit was positive $86 thousand for the second quarter compared to negative $455 thousand during the first quarter of 2023.
Castellum, Inc.’s full financial results for the three and six months ended June 30, 2023, will be published later today on Form 10-Q at www.sec.gov.

“We are proud to announce another strong quarter for Castellum,” said Mark Fuller, President and CEO of Castellum. “Revenue was a record for the quarter, gross margins remain strong north of 40%, and recurring cash operating profit moved back to positive territory. Our cost-cutting started in Q2 and we should see more impact in Q3 and full impact in Q4. With our growing pipeline of business development opportunities, our prospects for organic growth are the best they have ever been. We also continue to selectively look at M&A opportunities.”

Forward-Looking Statements:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in Item 1A. “Risk Factors” section of the Company’s Form 10-Q and other filings with the Securities and Exchange Commission which can be viewed at www.sec.gov. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Non-GAAP Financial Measures and Key Performance Metrics

This press release contains Non-GAAP Recurring Cash Operating Profit (Loss), which is a Non-GAAP financial measure that is used by management to measure the Company’s operating performance. A reconciliation of this measure to the most directly comparable GAAP financial measure is contained herein. To the extent required, statements disclosing the definition, utility, and purpose of this measure is also set forth herein.

Definition:
Non-GAAP Recurring Cash Operating Profit (Loss) represents the Company’s GAAP operating loss excluding non-cash charges such as stock-based compensation, depreciation, amortization, and change in the value of contingent earnout as well as any non-recurring charges.

Utility and Purpose:
The Company discloses Non-GAAP Recurring Cash Operating Profit (Loss) because this Non-GAAP measure is used by management to evaluate our business, measure its operating performance, and make strategic decisions. We believe Non-GAAP Recurring Cash Operating Profit (Loss) is useful for investors and others in understanding and evaluating our operating results in the same manner as its management. However, Non-GAAP Recurring Cash Operating Profit (Loss) is not a financial measure calculated in accordance with GAAP and should not be considered as a substitute for GAAP operating loss or any other operating performance measure calculated in accordance with GAAP. Using this Non-GAAP measure to analyze our business would have material limitations because the calculations are based on the subjective determination of management regarding the nature and classification of events and circumstances that investors may find significant. In addition, although other companies in our industry may report a measure titled Non-GAAP Recurring Cash Operating Profit (Loss), this measure may be calculated differently from how we calculate this Non-GAAP financial measure, which reduces its overall usefulness as a comparative measure. Because of these inherent limitations, you should consider Non-GAAP Recurring Cash Operating Profit (Loss) alongside other financial performance measures, including net loss and our other financial results presented in accordance with GAAP.
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Golden Cross Golden Cross 11 months ago
$1.............
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mick mick 11 months ago
Castellum, Inc. Announces Strong Second Quarter Financial Results
08/14/2023 06:45:00 AM
Form 8-K - Current report
07/31/2023 04:15:22 PM
Castellum Generates Record Quarterly Revenue; Higher Cash Balance
07/31/2023 06:45:00 AM
Castellum, Inc. Generates Record Monthly Revenue
06/30/2023 06:45:00 AM
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mick mick 11 months ago
CTM
Castellum Inc
0.59
0.2401 (68.62%)
Volume: 2,016,212
Day Range: 0.33 - 0.50
Last Trade Time: 8:00:00 PM ED
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mc73 mc73 11 months ago
And I spoke too soon!!
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mc73 mc73 11 months ago
Looks like this ticker is moving up, guess I better get some shares near the 52 week low.
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Triple nickle Triple nickle 11 months ago
Adding some here
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jmgreeny jmgreeny 11 months ago
Anybody have a clue why this is going south. Revenue up from purchase

Any news anyone could share.
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jmgreeny jmgreeny 11 months ago
Ok revenues up but still looking like a .44 cent open. Ugh
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jmgreeny jmgreeny 12 months ago
Is there an ai play for this stock.
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jmgreeny jmgreeny 1 year ago
This is so sad. They get a contract that would make them profitable in less than a year stock goes down. They lay off people to get expenses lowered. Again to make company more profitable. But share price goes south. Any explanations
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garymatt garymatt 1 year ago
Nowadays I wonder if we are heading towards a split to stay in the big boys ballpark.
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ttottip ttottip 1 year ago
The $0.6's soon.
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ttottip ttottip 1 year ago
Explosion is imminent!
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DK11 DK11 1 year ago
Manipulation to the max
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subslover subslover 1 year ago
Stock was $3.00 in pre-market manipulation
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ttottip ttottip 1 year ago
Let's see what's going to happen here! I think we'll see some great actions ahead.
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DK11 DK11 1 year ago
When of them Hocus Pokus stocks
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subslover subslover 1 year ago
Stock is going psychotic in early pre-market trading , I can't find any news of filings
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micromillionaire micromillionaire 1 year ago
It happens more often than not. People buy the rumor and sell the news. The problem here is, no rumor and the news is mediocre.
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jmgreeny jmgreeny 1 year ago
Ok. Each time they come out with a quarterly finance the stock goes down. But the report was supportive good news. Profitable in less than 2 years Dec 2024. What did I miss in the quarterly filing to make this stock go lower.
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abrooklyn abrooklyn 1 year ago
Castellum, Inc. Announces First Quarter Financial Results and Provides Forward Guidance

Source: GlobeNewswire Inc.

Castellum, Inc. (the “Company”) (NYSE-American: CTM), a cybersecurity, electronic warfare, data analytics, software, and IT services company focused on the federal government, announces highlights of its operating results for its first quarter ended March 31, 2023, and provides expected revenue guidance for the 12-month period April 1, 2023 – March 31, 2024.
Revenues for the three months ended March 31, 2023, were $9.9 million. Gross profit was $4.0 million. U.S. GAAP (“GAAP”) operating loss inclusive of all non-cash and non-recurring charges was $4.7 million. Full financial results for the three months ended March 31, 2023, will be published later today May 15, 2023, via Form 10-Q at www.sec.gov.

Management uses a Non-GAAP measure, Recurring Cash Operating Profit (Loss), as an important measure of the Company’s operating performance. This Non-GAAP measure was approximately ($0.5 million) for the first quarter and excludes non-cash charges, such as stock option and warrant expense, of $3.7 million and depreciation and amortization of $0.5 million. Please see details in the chart below.

“We continue to focus on growing our prime contract work by winning new contract vehicles and exploiting those vehicles which we have won or acquired,” said Mark Fuller, President and CEO of Castellum. “Revenue was good for the quarter at just under $10 million and gross margin remains strong at north of 40%. Our bottom line is not where we want it to be, and we will be taking actions to improve our cost structure and profitability. We completed our previously announced acquisition of GTMR, a $10 million revenue company. The acquisition is accretive and provides a contract vehicle with which we are already pursuing new customer opportunities, one of which we expect to close in the third quarter of this year.”

For the first time, Castellum is also providing forward revenue guidance to investors (see Cautionary Statement Concerning Forward-Looking Statements). “We expect to generate revenue of between $51 million and $56 million over the next twelve months from April 2023 to March 2024, up nicely from the $42 million we generated in 2022,” said Mr. Fuller. “We have a solid pipeline of current and new opportunities, we get the benefit of the GTMR acquisition for the full 12-months, and we are confident in our ability to grow revenue unless the federal government slows down due to budget negotiations, the debt ceiling, or some other reason. We plan to update our revenue guidance at least quarterly, as events merit.”

Cautionary Statement Concerning Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company’s expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as “estimate,” “project,” “believe,” “anticipate,” “intend,” “plan,” “foresee,” “likely,” “will,” “goal,” “target” or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations for revenue growth and new customer opportunities, improvements to cost structure, and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; is ability to identify additional acquisition targets and close additional acquisitions; and the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget. For a more detailed description of these and other risk factors, please refer to the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (“SEC”) which can be viewed at www.sec.gov. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or the future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in this release or in any of its SEC filings except as may be otherwise stated by the Company.

Non-GAAP Financial Measures and Key Performance Metrics

This press release contains Non-GAAP Recurring Cash Operating Profit (Loss), which is a Non-GAAP financial measure that is used by management to measure the Company’s operating performance. A reconciliation of this measure to the most directly comparable GAAP financial measure is contained herein. To the extent required, statements disclosing the definition, utility, and purpose of this measure are also set forth herein.

Definition:
Non-GAAP Recurring Cash Operating Profit (Loss) represents the Company’s GAAP operating loss excluding non-cash charges such as stock-based compensation, depreciation and amortization, and change in value of contingent earnout as well as any non-recurring charges.

Utility and Purpose:
The Company discloses Non-GAAP Recurring Cash Operating Profit (Loss) because this Non-GAAP measure is used by management to evaluate our business, measure its operating performance, and make strategic decisions. We believe Non-GAAP Recurring Cash Operating Profit (Loss) is useful for investors and others in understanding and evaluating our operating results in the same manner as its management. However, Non-GAAP Recurring Cash Operating Profit (Loss) is not a financial measure calculated in accordance with GAAP and should not be considered as a substitute for GAAP operating loss or any other operating performance measure calculated in accordance with GAAP. Using this Non-GAAP measure to analyze our business would have material limitations because the calculations are based on the subjective determination of management regarding the nature and classification of events and circumstances that investors may find significant. In addition, although other companies in our industry may report a measure titled Non-GAAP Recurring Cash Operating Profit (Loss), this measure may be calculated differently from how we calculate this Non-GAAP financial measure, which reduces its overall usefulness as a comparative measure. Because of these inherent limitations, you should consider Non-GAAP Recurring Cash Operating Profit (Loss) alongside other financial performance measures, including net loss and our other financial results presented in accordance with GAAP.
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mining101 mining101 1 year ago
Next disaster coming
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abrooklyn abrooklyn 1 year ago
CASTELLUM, INC.
FORM 10-K
(Annual Report)
Filed 03/17/23 for the Period Ending 12/31/22

https://www.otcmarkets.com/filing/conv_pdf?id=16499438&guid=k0m-keMlG3GWJth
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Flippingflip Flippingflip 1 year ago
They posted a profit and up in cash. However have to see how much interest and tax takes off. They need a net positive in profit. We will have to see how they are doing there. They did have a large stockbased compensation but that was due to a sucessful uplist. Once they show they are in the green it will be game one. Next quarter. We should see great news.
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jmgreeny jmgreeny 1 year ago
Again what is wrong. Great news happens and this thing tanks bad news and stock goes up 2x.
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