Elauwit Connection (ELWT) Income Statement

Elauwit Connection reported revenue of $21.62M in fiscal 2025 (fiscal year ended Mar 31, 2026), up 154.5% from $8.49M a year earlier. Elauwit Connection posted a net loss of $4.23M, compared with a net loss of $3.47M a year earlier. Gross margin was 18.5% and operating margin -17.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $2.86M, down 46.4% from the same quarter a year earlier.

Elauwit Connection Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Elauwit Connection, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2023
Period ending	Mar 2026	Dec 2025	Dec 2024	Dec 2023
Revenue & Gross Profit
Revenue	21.62	21.62	8.50	3.92
Cost of Revenue	17.61	17.61	7.33	3.73
Gross Profit	4.00	4.00	1.16	0.20
Operating Expenses
Research & Development	0.02	0.02	0.00	0.01
Selling, General & Administrative	7.69	7.69	4.38	2.78
Operating Expenses	7.71	7.71	4.38	2.79
Operating Income	-3.71	-3.71	-3.22	-2.59
Other Income/Expense
Interest Income	0.00	0.05	0.00	0.00
Interest Expense	0.35	0.35	0.26	-0.10
Other Income/Expense	-0.52	-0.17	-0.26	-0.10
Income
Income Before Tax	-4.23	-4.23	-3.47	-2.69
Income Tax Expense	0.00	-	0.00	0.00
Net Income	-4.23	-4.23	-3.47	-5.38
Net Income - Continuous Operations	-4.23	-4.23	-3.47	-2.69
Net Income - Discontinued Operations	-	-	-	-
EBITDA	-3.85	-3.85	-3.20	-2.59
EBIT	-	-3.88	-3.22	-2.59
Depreciation & Amortization	0.03	0.03	0.02	0.00
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-1.00
Diluted EPS	-1.00	-1.00	-1.00	-2.00
Basic Shares Outstanding	5.26	5.26	5.00	2.80
Diluted Shares Outstanding	5.26	5.26	6.50	2.80

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Elauwit Connection Financial Statements

What was Elauwit Connection's revenue in fiscal 2025?

Elauwit Connection reported revenue of $21.62M in fiscal 2025 (fiscal year ended Mar 31, 2026). That was up 154.5% from $8.49M a year earlier.

Is Elauwit Connection profitable?

No. Elauwit Connection reported a net loss of $4.23M in fiscal 2025. In fiscal 2024 it lost $3.47M.

What is Elauwit Connection's operating margin?

Elauwit Connection's operating income was −$3.71M on revenue of $21.62M in fiscal 2025, an operating margin of -17.1%, compared with -37.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition