Castellum AB (publ) (CWQXY) Q2 2026 Earnings Call Transcript
Castellum AB (publ) (OTCPK:CWQXY) Discusses Back to Basics Strategy Focused on Profitability and Portfolio Rotation November 28, 2025 3:00 AM EST Company Participants Christoffer Stromback - Head of Investor Relations & Corporate Finance Pal Ahlsen - President & CEO Conference Call Participants Lars Norrby - SEB, Research Division Fredrik Stensved - ABG Sundal Collier Holding ASA, Research Division Nadir Rahman - UBS Investment Bank, Research Division Jonathan Kownator - Goldman Sachs Group, Inc., Research Division Neeraj Kumar - Barclays Bank PLC, Research Division Viktor Hökenhammar - Pareto Securities AS, Research Division Stephanie Dossmann - Jefferies LLC, Research Division Presentation Christoffer Stromback Head of Investor Relations & Corporate Finance Good morning, and welcome to this Castellum webcast and Q&A session. From our side, it's myself, Christoffer Stromback, acting CFO; and Pal Ahlsen, CEO.
Castellum, Inc.'s Q2 results confirm my bullish thesis: organic growth, improving profitability, and a stronger balance sheet are all materializing as expected. The company posted 22% year-over-year revenue growth and positive adjusted EBITDA, signaling a shift toward sustainable profitability and operational leverage. Balance sheet improvements from the recent equity raise and debt reduction provide flexibility for growth and reduce downside risk for investors.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JW Jamie Wilson CAPITAL ADVISORS Inc./OK | 22,000 | $12,969 | $13,989.8 | $1,020.8 | 7.87% |
| YA Yinka Akinsola Blue Trust Inc. | 14,724 | $16,049.16 | $9,255.51 | -$6,793.65 | -42.33% |
Amir Har-El Savvy Advisors, Inc. | 221,800 | $234,326 | $138,181.4 | -$96,144.6 | -41.03% |
| RJ Rebecca Judd Pathstone Holdings, LLC | 31,179 | $33,361.96 | $19,377.75 | -$13,984.21 | -41.92% |
| VT Vincent Tortorella Point72 (DIFC) Ltd | 309 | $337 | $192.04 | -$144.96 | -43.01% |
| Real Estate Management & Development Industry | Real Estate Sector | Glen R. Ives CEO | AMEX Exchange | 14838T204 CUSIP |
| US Country | 244 Employees | - Last Dividend | 14 May 2015 Last Split | - IPO Date |
Castellum, Inc. is a prominent service provider in the cybersecurity and information technology sectors, with a strong inclination towards advanced areas such as electronic and information warfare, along with information operations. Operating from Bethesda, Maryland, the company delivers a comprehensive range of services tailored to meet the sophisticated needs of its clientele, which spans across federal government entities, financial services, healthcare, and other sectors requiring robust data application solutions. Castellum, Inc. leverages its extensive expertise to offer strategic solutions that ensure the security and efficiency of its clients' operations.