Elauwit Connection, Inc. (ELWT)

Elauwit Connection Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2024	Dec 31, 2023
Revenue	16.89	8.5	3.92
Revenue Growth (YoY)	-	116.54%	-
Cost of Revenue	-	7.33	3.73
Gross Profit	3.48	1.16	0.2
Selling, General & Admin	-	4.38	2.78
Research & Development	-	0	0.01
Operating Expenses	-	4.38	2.79
Operating Income	-2.11	-3.22	-2.59
Interest Expense / Income	0.33	0.26	0.1
Pretax Income	-2.44	-3.47	-2.69
Income Tax	0	0	-
Net Income	-2.44	-3.47	-2.69
Free Cash Flow	-3.74	-3.87	-2
Gross Margin	20.59%	13.70%	4.97%
Operating Margin	-12.48%	-37.88%	-66.07%
Profit Margin	-14.45%	-40.89%	-68.57%
Free Cash Flow Margin	-22.16%	-45.57%	-50.88%
EBITDA	-2.06	-3.2	-2.59
EBITDA Margin	-12.22%	-37.68%	-66.00%
Depreciation & Amortization	0.04	0.02	0
EBIT	-2.11	-3.22	-2.59
EBIT Margin	-12.48%	-37.88%	-66.07%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).