Castellum, Inc.
CTMNYSE
$0.62
↑ +1.3%Jul 17 close · end-of-day
Price
1Y↓ -53.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$59.0M
Enterprise Value
$59.0M
P/E
—
P/S
1.1
P/B
1.6
EV/EBITDA
—
PEG
—
FCF Yield
2.9%
Dividend Yield
—
Revenue (TTM)
$55.5M
Net Income (TTM)
-$1.6M
Free Cash Flow (TTM)
$1.7M
Gross Margin
35.8%
Operating Margin
-3.6%
Net Margin
-2.9%
ROE
-4.4%
ROIC
-4.4%
Debt / Equity
—
Net Cash
—
Return 1Y
-55.5%
Company profile
Castellum, Inc. is focused on acquiring and growing technology companies in the areas of cybersecurity, information technology, electronic warfare, information warfare, and information operations with businesses in the governmental and commercial markets. The Company was incorporated in Nevada on September 30, 2010 under the name Passionate Pet, Inc. and in January 2013 the Company changed its name to Firstin Wireless Technology, Inc. In March 2015 the Company changed its name to BioNovelus, Inc. Bayberry Acquisition Corporation, a Nevada corporation (“Bayberry”) was incorporated on October 24, 2018 and primarily owned and controlled by Jay Wright and Mark Fuller. Our address is 3 Bethesda Metro Center, Suite 700, Bethesda, MD 20814.
- CEO
- Mark Stephen Charles Fuller
- Sector
- Services
- Industry
- Business Services
- Employees
- 207
- Headquarters
- Virginia
- Website
- castellumus.com
Management & directors
- Bell David TChief Financial Officer
- Ives Glen RPresident
- Martin Tammy LGeneral Counsel and Secretary
- Merriman AndrewChief Operating Officer
- Wright Jay OGeneral Counsel, Secretary
Roles derived from SEC Form 4 filings.
Earnings
CTM Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$14.3M↑ +22.5%
Diluted EPS$0.00↓ -100.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $13.3M | $25.1M | $42.2M | $45.2M | $44.8M | $52.9M |
| Gross profit | $6.2M | $11.1M | $17.6M | $18.7M | $18.3M | $19.4M |
| Operating income | -$1.5M | -$7.7M | -$10.0M | -$16.7M | -$7.2M | -$2.8M |
| Net income | -$2.7M | -$7.5M | -$14.9M | -$17.8M | -$10.0M | -$2.4M |
| Diluted EPS | -$0.17 | -$0.41 | -$0.55 | -$0.38 | -$0.18 | -$0.03 |
| Operating cash flow | $1.0M | -$1.4M | $990,163.00 | -$2.3M | $1.1M | -$1.9M |
| Free cash flow | $1.0M | -$1.4M | $900,881.00 | -$2.3M | $1.1M | -$2.1M |
| Gross margin | 46.3% | 44.2% | 41.7% | 41.3% | 40.8% | 36.6% |
| Operating margin | -11.0% | -30.8% | -23.6% | -36.8% | -16.2% | -5.3% |
| Net margin | -20.3% | -30.1% | -35.3% | -39.3% | -22.3% | -4.5% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.5M | $11.6M | $10.3M | $11.7M | $14.0M | $14.6M | $12.6M | $14.3M |
| Gross profit | $4.7M | $5.0M | $4.1M | $4.6M | $5.1M | $5.5M | $4.3M | $5.1M |
| Operating income | -$1.6M | -$1.4M | -$1.6M | -$1.5M | -$383,523.00 | $445,280.00 | -$1.4M | -$697,998.00 |
| Net income | -$1.8M | -$1.3M | -$2.7M | -$1.2M | -$322,107.00 | $415,401.00 | -$1.3M | -$351,274.00 |
| Diluted EPS | -$0.03 | -$0.02 | -$0.05 | -$0.01 | $0.00 | $0.00 | -$0.02 | $0.00 |
| Operating cash flow | $748,618.00 | $742,191.00 | -$394,432.00 | -$2.5M | $214,218.00 | $1.0M | -$661,679.00 | $1.3M |
| Free cash flow | $748,618.00 | $738,874.00 | -$394,432.00 | -$2.5M | $116,992.00 | $957,026.00 | -$671,496.00 | $1.3M |
| Gross margin | 40.6% | 42.7% | 40.0% | 39.0% | 36.1% | 37.6% | 33.9% | 35.4% |
| Operating margin | -13.6% | -11.9% | -15.7% | -12.7% | -2.7% | 3.0% | -11.1% | -4.9% |
| Net margin | -16.0% | -11.0% | -26.6% | -10.0% | -2.3% | 2.8% | -10.5% | -2.5% |
Company news
Jul 6, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | Ives Glen R· President | Buy | 1,262 | $0.61 | $772.34 | filing |
| 2026-07-01 | Bell David T· Chief Financial Officer | Buy | 1,202 | $0.61 | $735.62 | filing |
| 2026-07-01 | MARTIN TAMMY L· General Counsel and Secretary | Buy | 1,202 | $0.61 | $735.62 | filing |
| 2026-07-01 | Merriman Andrew· Chief Operating Officer | Buy | 1,202 | $0.61 | $735.62 | filing |
| 2026-03-31 | Merriman Andrew· Chief Operating Officer | Award | 1,329 | $0.45 | $603.90 | filing |
| 2026-03-31 | MARTIN TAMMY L· General Counsel and Secretary | Award | 1,329 | $0.45 | $603.90 | filing |
| 2026-03-31 | Bell David T· Chief Financial Officer | Award | 1,329 | $0.45 | $603.90 | filing |
| 2026-03-27 | Merriman Andrew· Chief Operating Officer | Buy | 2,000 | $0.64 | $1,285.20 | filing |
| 2026-03-27 | Ives Glen R· President | Buy | 2,000 | $0.62 | $1,231.40 | filing |
| 2026-03-26 | Ives Glen R· President | Buy | 10,000 | $0.66 | $6,649.00 | filing |
| 2026-03-25 | McMillen Charles Thomas | Sale | 30,000 | $0.70 | $21,129.00 | filing |
| 2026-03-18 | McMillen Charles Thomas | Sale | 55,000 | $0.80 | $44,099.00 | filing |
| 2025-12-19 | WRIGHT JAY O· General Counsel, Secretary | Sale | 30,000 | $1.05 | $31,500.00 | filing |
| 2025-12-16 | WRIGHT JAY O· General Counsel, Secretary | Sale | 12,000 | $1.07 | $12,876.00 | filing |
| 2025-12-15 | WRIGHT JAY O· General Counsel, Secretary | Sale | 6,000 | $1.10 | $6,618.00 | filing |
| 2025-12-12 | WRIGHT JAY O· General Counsel, Secretary | Sale | 11,000 | $1.16 | $12,749.00 | filing |
| 2025-12-11 | WRIGHT JAY O· General Counsel, Secretary | Sale | 50,000 | $1.16 | $58,050.00 | filing |
| 2025-12-10 | WRIGHT JAY O· General Counsel, Secretary | Sale | 127,000 | $1.21 | $153,289.00 | filing |
| 2025-12-01 | WRIGHT JAY O· General Counsel, Secretary | Sale | 35,000 | $1.05 | $36,750.00 | filing |
| 2025-11-28 | WRIGHT JAY O· General Counsel, Secretary | Sale | 18,000 | $1.06 | $18,990.00 | filing |
| 2025-11-17 | WRIGHT JAY O· General Counsel, Secretary | Sale | 10,000 | $1.16 | $11,560.00 | filing |
| 2025-11-14 | WRIGHT JAY O· General Counsel, Secretary | Sale | 90,000 | $1.15 | $103,500.00 | filing |
| 2025-11-13 | WRIGHT JAY O· General Counsel, Secretary | Sale | 160,000 | $1.17 | $186,400.00 | filing |
| 2025-11-11 | WRIGHT JAY O· General Counsel, Secretary | Sale | 60,000 | $1.18 | $70,800.00 | filing |
| 2025-09-16 | WRIGHT JAY O· General Counsel, Secretary | Sale | 50,000 | $1.11 | $55,500.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.