ELAUWIT CONNECTION INC Financials
This page shows ELAUWIT CONNECTION INC (ELWT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Rapid revenue scaling improved margin structure, but external financing rather than operations rebuilt Elauwit's liquidity.
FY2025 looks stronger on the surface because gross margin rose to18.5% and operating margin narrowed to-17.1% . But cash conversion deteriorated: operating cash flow reached-$5.7M against a net loss of-$4.2M , and with receivables plus inventory lower than FY2024, that points to a business model still requiring cash support rather than growth merely tying up working capital.
The biggest operating improvement is fixed-cost absorption: revenue more than doubled in FY2025, but the operating loss only widened slightly to
Liquidity was repaired externally, not through operations: cash climbed to
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of ELAUWIT CONNECTION INC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
ELAUWIT CONNECTION INC has an operating margin of -17.1%, meaning the company retains $-17 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -37.9% the prior year.
ELAUWIT CONNECTION INC's revenue surged 154.5% year-over-year to $21.6M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
ELAUWIT CONNECTION INC carries a low D/E ratio of 0.23, meaning only $0.23 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
ELAUWIT CONNECTION INC's current ratio of 1.66 is below the typical benchmark, resulting in a score of 29/100. However, the company holds substantial cash reserves (99% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
ELAUWIT CONNECTION INC generates a -95.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100.
ELAUWIT CONNECTION INC passes 5 of 9 financial strength tests. 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, ELAUWIT CONNECTION INC generates $1.35 in operating cash flow (-$5.7M OCF vs -$4.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
ELAUWIT CONNECTION INC generated $21.6M in revenue in fiscal year 2025. This represents an increase of 154.5% from the prior year.
ELAUWIT CONNECTION INC reported -$4.2M in net income in fiscal year 2025. This represents a decrease of 21.7% from the prior year.
ELAUWIT CONNECTION INC earned $-0.80 per diluted share (EPS) in fiscal year 2025. This represents an increase of 18.4% from the prior year.
Cash & Balance Sheet
ELAUWIT CONNECTION INC held $6.2M in cash against $996K in long-term debt as of fiscal year 2025.
ELAUWIT CONNECTION INC had 7M shares outstanding in fiscal year 2025.
Margins & Returns
ELAUWIT CONNECTION INC's gross margin was 18.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 4.8 percentage points from the prior year.
ELAUWIT CONNECTION INC's operating margin was -17.1% in fiscal year 2025, reflecting core business profitability. This is up 20.7 percentage points from the prior year.
ELAUWIT CONNECTION INC's net profit margin was -19.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 21.3 percentage points from the prior year.
ELAUWIT CONNECTION INC's ROE was -95.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
ELAUWIT CONNECTION INC invested $19K in research and development in fiscal year 2025. This represents an increase of 1800.0% from the prior year.
ELAUWIT CONNECTION INC spent $2.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
ELWT Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1M+27.0% | $4.8M-10.3% | $5.3M-2.2% | $5.4M | N/A | $1.9M | N/A | N/A |
| Cost of Revenue | N/A | $3.4M | N/A | N/A | N/A | $1.7M | N/A | N/A |
| Gross Profit | $522K-63.2% | $1.4M+75.8% | $806K-36.0% | $1.3M | N/A | $214K | N/A | N/A |
| R&D Expenses | N/A | $9K | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $1.7M | N/A | N/A | N/A | $1.1M | N/A | N/A |
| Operating Income | -$2.2M-536.0% | -$353K+52.2% | -$739K-100.3% | -$369K | N/A | -$881K | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | $1K | N/A | N/A | N/A | $16K | N/A | N/A |
| Net Income | -$2.3M-258.4% | -$639K+25.4% | -$857K-93.9% | -$442K | N/A | -$970K-2.8% | -$944K-101.3% | -$469K |
| EPS (Diluted) | N/A | $-0.13+23.5% | $-0.17-88.9% | $-0.09 | N/A | $-0.27 | N/A | N/A |
ELWT Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.9M+55.2% | $7.7M-20.1% | $9.6M+2.9% | $9.4M+21.1% | $7.7M | N/A | N/A | N/A |
| Current Assets | $10.3M+66.5% | $6.2M-23.7% | $8.1M+2.8% | $7.9M+18.5% | $6.7M | N/A | N/A | N/A |
| Cash & Equivalents | $6.2M+707.6% | $762K | N/A | N/A | $287K-69.7% | $947K | N/A | N/A |
| Inventory | $1.0M-45.5% | $1.8M | N/A | N/A | $1.6M | N/A | N/A | N/A |
| Accounts Receivable | $2.4M-24.1% | $3.2M-47.4% | $6.0M+1.0% | $6.0M+34.1% | $4.5M | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $7.5M-46.8% | $14.1M-8.4% | $15.4M+7.9% | $14.3M+16.6% | $12.3M | N/A | N/A | N/A |
| Current Liabilities | $6.2M-41.4% | $10.6M | N/A | N/A | $9.2M | N/A | N/A | N/A |
| Long-Term Debt | $996K-54.0% | $2.2M | N/A | N/A | $2.7M | N/A | N/A | N/A |
| Total Equity | $4.4M+168.5% | -$6.4M-11.0% | -$5.8M-17.3% | -$4.9M-9.1% | -$4.5M-31.7% | -$3.4M+58.5% | -$8.3M-13.9% | -$7.3M |
| Retained Earnings | -$14.6M-18.6% | -$12.3M-5.5% | -$11.7M-7.9% | -$10.8M-4.3% | -$10.4M | N/A | N/A | N/A |
ELWT Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.4M-3201.4% | $142K+65.1% | $86K+105.6% | -$1.5M-102.9% | -$757K | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Financing Cash Flow | $9.8M | N/A | N/A | N/A | $97K | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ELWT Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 8.6%-21.1pp | 29.7%+14.5pp | 15.1%-8.0pp | 23.1% | N/A | 11.3% | N/A | N/A |
| Operating Margin | -37.0%-29.6pp | -7.4%+6.5pp | -13.9%-7.1pp | -6.8% | N/A | -46.7% | N/A | N/A |
| Net Margin | -37.7%-24.4pp | -13.4%+2.7pp | -16.1%-8.0pp | -8.1% | N/A | -51.5% | N/A | N/A |
| Return on Equity | -51.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -19.2%-10.9pp | -8.3%+0.6pp | -8.9%-4.2pp | -4.7% | N/A | N/A | N/A | N/A |
| Current Ratio | 1.66+1.1 | 0.58 | N/A | N/A | 0.73 | N/A | N/A | N/A |
| Debt-to-Equity | 0.23+0.6 | -0.34+2.3 | -2.66+0.2 | -2.89-2.3 | -0.60 | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is ELAUWIT CONNECTION INC's annual revenue?
ELAUWIT CONNECTION INC (ELWT) reported $21.6M in total revenue for fiscal year 2025. This represents a 154.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is ELAUWIT CONNECTION INC's revenue growing?
ELAUWIT CONNECTION INC (ELWT) revenue grew by 154.5% year-over-year, from $8.5M to $21.6M in fiscal year 2025.
Is ELAUWIT CONNECTION INC profitable?
No, ELAUWIT CONNECTION INC (ELWT) reported a net income of -$4.2M in fiscal year 2025, with a net profit margin of -19.6%.
How much debt does ELAUWIT CONNECTION INC have?
As of fiscal year 2025, ELAUWIT CONNECTION INC (ELWT) had $6.2M in cash and equivalents against $996K in long-term debt.
What is ELAUWIT CONNECTION INC's gross margin?
ELAUWIT CONNECTION INC (ELWT) had a gross margin of 18.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is ELAUWIT CONNECTION INC's operating margin?
ELAUWIT CONNECTION INC (ELWT) had an operating margin of -17.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is ELAUWIT CONNECTION INC's net profit margin?
ELAUWIT CONNECTION INC (ELWT) had a net profit margin of -19.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is ELAUWIT CONNECTION INC's return on equity (ROE)?
ELAUWIT CONNECTION INC (ELWT) has a return on equity of -95.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is ELAUWIT CONNECTION INC's operating cash flow?
ELAUWIT CONNECTION INC (ELWT) generated -$5.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are ELAUWIT CONNECTION INC's total assets?
ELAUWIT CONNECTION INC (ELWT) had $11.9M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does ELAUWIT CONNECTION INC spend on research and development?
ELAUWIT CONNECTION INC (ELWT) invested $19K in research and development during fiscal year 2025.
What is ELAUWIT CONNECTION INC's current ratio?
ELAUWIT CONNECTION INC (ELWT) had a current ratio of 1.66 as of fiscal year 2025, which is generally considered healthy.
What is ELAUWIT CONNECTION INC's debt-to-equity ratio?
ELAUWIT CONNECTION INC (ELWT) had a debt-to-equity ratio of 0.23 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is ELAUWIT CONNECTION INC's return on assets (ROA)?
ELAUWIT CONNECTION INC (ELWT) had a return on assets of -35.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is ELAUWIT CONNECTION INC's cash runway?
Based on fiscal year 2025 data, ELAUWIT CONNECTION INC (ELWT) had $6.2M in cash against an annual operating cash burn of $5.7M. This gives an estimated cash runway of approximately 13 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is ELAUWIT CONNECTION INC's Piotroski F-Score?
ELAUWIT CONNECTION INC (ELWT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ELAUWIT CONNECTION INC's earnings high quality?
ELAUWIT CONNECTION INC (ELWT) has an earnings quality ratio of 1.35x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is ELAUWIT CONNECTION INC?
ELAUWIT CONNECTION INC (ELWT) scores 38 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.