CJMB

MKT CAP:$5M

Callan JMB Inc.

Market Cap

$5M

Industrials·Integrated Freight & Logistics·🇺🇸 United States·NASDAQ

Industrials·Integrated·🇺🇸·NASDAQ

Stock Price

$1.06-$0.06 (-5.36%)

Apr 23, 2026

Company Details

Callan JMB Inc., through its subsidiary, Coldchain Technology Services, LLC provides thermal management logistics solutions to the life sciences industry. It offers logistics solutions and services utilized for frozen shipping in the life s...

CEO

Wayne Williams

IPO Date

Feb 6, 2025

Website

www.coldchain-tech.com

Key Metrics TTM

Revenue

$6M

-14.1% YoY

Net Income

-$7M

EPS (Diluted)

-$1.82

Free Cash Flow

-$5M

Revenue / Share

$1.32

Gross Margin

36.7%

Operating Margin

-98.0%

Net Margin

-112.7%

FCF Margin

-88.4%

P/S

0.8x

P/E

—

Earnings Reports

FY 2025

Mar 31, 2026

$6M-12.8%EPS -$1.82

Q3 2025

Nov 14, 2025

$1M+0.8%EPS -$0.61

Q2 2025

Aug 14, 2025

$2M-16.1%EPS -$0.31

Q1 2025

May 15, 2025

$1M-19.1%EPS -$0.47

FY 2024

Dec 31, 2024

$7M-50.3%EPS -$0.87

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 23	$5M	$2M	$1M
Q3 23	$3M	$1M	$632.2K
Q4 23	$2M	$413.3K	-$737.9K
Q1 24	$2M	$717.6K	-$85.5K
Q2 24	$2M	$962.2K	-$135.4K
Q3 24	$1M	$464.4K	-$781.0K
Q4 24	$1M	$419.0K	-$1M
Q1 25	$1M	$615.9K	-$1M
Q2 25	$2M	$643.9K	-$1M
Q3 25	$1M	$493.3K	-$2M

Valuation

Quarter	P/S	P/E
Q2 23	—	—
Q3 23	—	—
Q4 23	—	—
Q1 24	1.1x	14.5x
Q2 24	1.4x	—
Q3 24	1.7x	—
Q4 24	1.8x	—
Q1 25	2.2x	—
Q2 25	2.6x	—
Q3 25	3.7x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 23	$558.2K	$219.3K
Q3 23	$1M	$1M
Q4 23	-$46.2K	-$172.4K
Q1 24	-$18.2K	-$62.8K
Q2 24	$293.7K	$292.5K
Q3 24	$988.0K	$987.7K
Q4 24	-$723.2K	-$723.2K
Q1 25	-$2M	-$2M
Q2 25	-$563.3K	-$995.8K
Q3 25	-$2M	-$2M

Capital Expenditures

Quarter	CapEx
Q2 23	$338.9K
Q3 23	$15.2K
Q4 23	$126.3K
Q1 24	$44.7K
Q2 24	$1.2K
Q3 24	$293
Q4 24	$0
Q1 25	$15.0K
Q2 25	$432.5K
Q3 25	$169.4K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 24	-58.2%	-43.1%
Q3 24	-50.9%	-3.3%
Q4 24	-19.2%	+8.9%
Q1 25	-19.1%	+43.3%
Q2 25	-16.1%	+44.7%
Q3 25	+0.8%	+50.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$330.8K	22.8%
Q2 25	$419.1K	25.2%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q2 23	—	—	$971.1K
Q3 23	—	—	$618.0K
Q4 23	$2M	$11.0K	—
Q1 24	—	—	$803.0K
Q2 24	—	—	$1M
Q3 24	$3M	$253.6K	—
Q4 24	$3M	—	—
Q1 25	—	—	$2M
Q2 25	$2M	$148.6K	—
Q3 25	—	—	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$5M	$0	$5M
Q1 24	$2M	$0	$2M
Q2 24	$2M	$0	$2M
Q3 24	$3M	$0	$3M
Q4 24	$2M	$0	$2M
Q1 25	$5M	$0	$5M
Q2 25	$4M	$0	$4M
Q3 25	$3M	$0	$3M
Q4 25	$2M	$0	$2M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 23	5M	—	—
Q3 23	5M	0.0%	—
Q4 23	5M	-0.0%	—
Q1 24	3M	-50.0%	—
Q2 24	8M	+200.0%	+50.0%
Q3 24	3M	-60.0%	-40.0%
Q4 24	3M	+0.1%	-39.9%
Q1 25	3M	-12.4%	+5.2%
Q2 25	4M	+69.5%	-40.6%
Q3 25	4M	+0.7%	+49.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 23	—	—
Q3 23	—	—
Q4 23	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	$52.0K	26
Q1 25	$55.7K	26
Q2 25	$64.1K	26
Q3 25	$55.7K	26

Revenue / Employee