ELWT
Elauwit Connection, Inc.
Company overview
- Market capitalization
- $44.35M
- Employees
- 33
- Latest publication
- 2026-09-29
About Elauwit Connection, Inc.
Elauwit Connection, Inc. provides broadband internet networks for the multifamily and student housing property sector in the United States. The company offers network design, engineering, and installation, as well as project management and quality control services; and provides dedicated bandwidth, 24/7 network monitoring, network maintenance, and resident support services. It is also involved in provision of managed services and network-as-a-service solutions. It serves REITs, property ownership groups, and property management companies. Elauwit Connection, Inc. was founded in 2019 and is headquartered in Cheyenne, Wyoming.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,856,000USD | 4,430,000USD | 4,679,000USD | 5,248,000USD | 6,074,000USD | 5,617,000USD | 3,312,000USD | 1,885,000USD |
| Cost Of Revenue | 2,413,000USD | 3,603,000USD | 5,547,000USD | 3,360,000USD | 4,520,000USD | 4,187,000USD | 3,032,000USD | 1,671,000USD |
| Gross Profit | 443,000USD | 827,000USD | -868,000USD | 1,888,000USD | 1,554,000USD | 1,430,000USD | 280,000USD | 214,000USD |
| Selling General Administrative | 3,393,000USD | 2,884,000USD | 2,679,000USD | 1,725,000USD | 1,503,000USD | 1,606,000USD | 1,284,000USD | 995,000USD |
| Selling And Marketing Expenses | 150,000USD | 143,000USD | 78,000USD | 36,000USD | 42,000USD | 22,000USD | 33,000USD | 100,000USD |
| General And Administrative Expenses | 3,393,000USD | — | — | — | — | — | — | — |
| Total Operating Expenses | 3,543,000USD | 3,027,000USD | 2,767,000USD | 1,770,000USD | 1,545,000USD | 1,628,000USD | 1,317,000USD | 1,095,000USD |
| Operating Income | -3,100,000USD | -2,200,000USD | -3,635,000USD | 118,000USD | 9,000USD | -198,000USD | -1,037,000USD | -881,000USD |
| Total Other Income Expense Net | -27,000USD | 38,000USD | -51,000USD | -285,000USD | -113,000USD | -73,000USD | -70,000USD | -73,000USD |
| Income Before Tax | -3,127,000USD | -2,162,000USD | -3,686,000USD | -167,000USD | -104,000USD | -271,000USD | -1,107,000USD | -954,000USD |
| Income Tax Expense | 4,000USD | — | -5,000USD | 1,000USD | 4,000USD | — | -16,000USD | 16,000USD |
| Net Income | -3,131,000USD | -2,162,000USD | -3,681,000USD | -168,000USD | -108,000USD | -271,000USD | -1,091,000USD | -970,000USD |
| Interest Income | — | 38,000USD | — | — | — | — | — | — |
| Net Interest Income | — | 38,000USD | -58,000USD | -109,000USD | -113,000USD | -73,000USD | -70,000USD | -73,000USD |
| Tax Provision | — | 0USD | -5,000USD | 1,000USD | 4,000USD | 0USD | -16,000USD | 16,000USD |
| Net Income From Continuing Ops | — | -2,162,000USD | -3,681,000USD | -168,000USD | -108,000USD | -271,000USD | -1,091,000USD | -970,000USD |
| Ebit | — | -2,200,000USD | -3,616,000USD | -58,000USD | 9,000USD | -198,000USD | -1,037,000USD | -881,000USD |
| Ebitda | — | -2,186,000USD | -3,628,000USD | -45,000USD | 23,000USD | -186,000USD | -1,028,000USD | -873,000USD |
| Depreciation And Amortization | — | 14,000USD | -12,000USD | 13,000USD | 14,000USD | 12,000USD | 9,000USD | 8,000USD |
| Reconciled Depreciation | — | 14,000USD | -12,000USD | 13,000USD | 14,000USD | 12,000USD | 9,000USD | 8,000USD |
| Research Development | — | — | 10,000USD | 9,000USD | 0USD | 0USD | 0USD | 0USD |
| Interest Expense | — | — | 58,000USD | 109,000USD | 113,000USD | 73,000USD | 70,000USD | 73,000USD |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Total Revenue | 21,618,000USD | 8,495,000USD | 3,923,000USD |
| Cost Of Revenue | 17,614,000USD | 7,331,000USD | 3,728,000USD |
| Gross Profit | 4,004,000USD | 1,164,000USD | 195,000USD |
| Research Development | 19,000USD | 1,000USD | 11,000USD |
| Selling General Administrative | 7,513,000USD | 4,220,000USD | 2,704,000USD |
| Selling And Marketing Expenses | 178,000USD | 161,000USD | 72,000USD |
| Total Operating Expenses | 7,710,000USD | 4,382,000USD | 2,787,000USD |
| Operating Income | -3,706,000USD | -3,218,000USD | -2,592,000USD |
| Interest Expense | 353,000USD | 255,000USD | 98,000USD |
| Net Interest Income | -353,000USD | -255,000USD | -98,000USD |
| Income Before Tax | -4,228,000USD | -3,473,000USD | -2,690,000USD |
| Tax Provision | 0USD | 1,000USD | 0USD |
| Net Income | -4,228,000USD | -3,474,000USD | -2,690,000USD |
| Net Income From Continuing Ops | -4,228,000USD | -3,474,000USD | -2,690,000USD |
| Ebit | -3,875,000USD | -3,218,000USD | -2,592,000USD |
| Ebitda | -3,848,000USD | -3,201,000USD | -2,589,000USD |
| Depreciation And Amortization | 27,000USD | 17,000USD | 3,000USD |
| Reconciled Depreciation | 27,000USD | 17,000USD | 3,000USD |
| Total Other Income Expense Net | -522,000USD | -255,000USD | -98,000USD |
| Income Tax Expense | — | 1,000USD | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 10,100,000USD | 9,919,000USD | 11,943,000USD | 9,086,000USD | 10,545,000USD | 9,526,000USD | 7,726,000USD | — |
| Cash And Equivalents | 1,180,000USD | — | — | — | — | — | — | — |
| Total Current Assets | 8,218,000USD | 8,408,000USD | 10,328,000USD | 7,593,000USD | 9,051,000USD | 8,077,000USD | 6,669,000USD | — |
| Other Current Assets | 387,000USD | 443,000USD | 550,000USD | 349,000USD | 252,000USD | 242,000USD | 258,000USD | — |
| Other Non Current Assets | 36,000USD | — | — | — | — | — | — | — |
| Total Liabilities | 10,857,000USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 9,121,000USD | 6,459,000USD | 6,223,000USD | 10,625,000USD | 11,572,000USD | 9,950,000USD | 9,176,000USD | — |
| Total Stockholder Equity | -757,000USD | 2,279,000USD | 4,416,000USD | -5,053,000USD | -4,885,000USD | -4,777,000USD | -4,536,000USD | — |
| Total Equity Including Noncontrolling Interest | -757,000USD | — | — | — | — | — | — | — |
| Deferred Revenue | 5,307,000USD | — | — | — | — | — | — | — |
| Deferred Revenue Non Current | 293,000USD | — | — | — | — | — | — | — |
| Net Receivables | 3,559,000USD | 3,403,000USD | 2,620,000USD | 4,641,000USD | 7,030,000USD | 6,209,000USD | 4,518,000USD | — |
| Inventory | 2,897,000USD | 1,028,000USD | 1,004,000USD | 1,841,000USD | 1,244,000USD | 1,014,000USD | 1,606,000USD | — |
| Property Plant Equipment Net | 470,000USD | 14,000USD | 28,000USD | 41,000USD | 54,000USD | 68,000USD | 55,000USD | — |
| Accounts Payable | 1,779,000USD | 1,094,000USD | 1,813,000USD | 2,740,000USD | 2,886,000USD | 2,542,000USD | 1,914,000USD | — |
| Short Term Debt | 54,000USD | 991,000USD | 1,029,000USD | 2,052,000USD | 1,507,000USD | 1,253,000USD | 731,000USD | — |
| Retained Earnings | -19,886,000USD | -16,754,999USD | -14,593,000USD | -10,912,000USD | -10,744,000USD | -10,636,000USD | -10,365,000USD | — |
| Total Liab | — | 7,640,000USD | 7,527,000USD | 14,139,000USD | 15,430,000USD | 14,303,000USD | 12,262,000USD | — |
| Other Current Liab | — | 563,000USD | 495,000USD | 274,000USD | 284,000USD | 257,000USD | 316,000USD | — |
| Capital Stock | — | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | — |
| Cash | — | 3,534,000USD | 6,154,000USD | 762,000USD | 525,000USD | 612,000USD | 287,000USD | — |
| Cash And Short Term Investments | — | 3,534,000USD | 6,154,000USD | 762,000USD | 525,000USD | 612,000USD | 287,000USD | — |
| Current Deferred Revenue | — | 3,811,000USD | 2,886,000USD | 5,559,000USD | 6,895,000USD | 5,898,000USD | 6,215,000USD | — |
| Net Debt | — | -1,655,000USD | -4,129,000USD | 3,454,000USD | 3,609,000USD | 3,708,000USD | 3,188,000USD | — |
| Short Long Term Debt | — | 977,000USD | 1,000,000USD | 2,009,000USD | 1,451,000USD | 1,198,000USD | 695,000USD | — |
| Short Long Term Debt Total | — | 1,879,000USD | 2,025,000USD | 4,216,000USD | 4,134,000USD | 4,320,000USD | 3,475,000USD | — |
| Long Term Debt | — | 888,000USD | 996,000USD | 2,164,000USD | 2,627,000USD | 3,053,000USD | 2,725,000USD | — |
| Property Plant Equipment Gross | — | 14,000USD | 28,000USD | 41,000USD | 54,000USD | 68,000USD | 55,000USD | — |
| Common Stock Shares Outstanding | — | 6,619,796shares | 5,258,984shares | 6,619,796shares | 6,617,647shares | 6,617,647shares | 6,667,000shares | 6,667,000shares |
| Non Current Assets Total | — | 1,511,000USD | 1,615,000USD | 1,493,000USD | 1,494,000USD | 1,449,000USD | 1,057,000USD | — |
| Non Current Liabilities Total | — | 1,181,000USD | 1,304,000USD | 3,514,000USD | 3,858,000USD | 4,353,000USD | 3,086,000USD | — |
| Non Currrent Assets Other | — | 26,000USD | 1,587,000USD | 26,000USD | 26,000USD | 26,000USD | -4,999USD | — |
| Net Working Capital | — | 1,949,000USD | 4,105,000USD | -3,032,000USD | -2,521,000USD | -1,873,000USD | -2,507,000USD | — |
| Unclassified Non Current Assets | — | 1,471,000USD | — | 1,426,000USD | 1,414,000USD | 1,355,000USD | 1,002,000USD | — |
| Unclassified Equity | — | 19,033,999USD | 19,009,000USD | 5,859,000USD | 5,859,000USD | 5,859,000USD | 5,829,000USD | — |
| Unclassified Current Liabilities | — | — | — | -2,009,000USD | -1,451,000USD | -1,198,000USD | — | — |
| Unclassified Non Current Liabilities | — | — | — | 1,350,000USD | — | — | — | — |
| Non Current Liabilities Other | — | — | — | — | 1,000,000USD | 1,000,000USD | — | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Total Assets | 11,943,000USD | 7,726,000USD | 1,408,000USD |
| Other Current Assets | 550,000USD | 258,000USD | — |
| Total Liab | 7,527,000USD | 12,262,000USD | 4,322,000USD |
| Total Stockholder Equity | 4,416,000USD | -4,536,000USD | -2,914,000USD |
| Other Current Liab | 495,000USD | 316,000USD | 156,000USD |
| Capital Stock | 0USD | 0USD | 3,382,000USD |
| Retained Earnings | -14,593,000USD | -10,365,000USD | -6,891,000USD |
| Cash | 6,154,000USD | 287,000USD | 329,000USD |
| Cash And Short Term Investments | 6,154,000USD | 287,000USD | 329,000USD |
| Total Current Assets | 10,328,000USD | 6,669,000USD | 1,383,000USD |
| Total Current Liabilities | 6,223,000USD | 9,176,000USD | 2,973,000USD |
| Current Deferred Revenue | 2,886,000USD | 6,215,000USD | 1,880,000USD |
| Net Debt | -4,129,000USD | 3,188,000USD | 890,000USD |
| Short Term Debt | 1,029,000USD | 731,000USD | 546,000USD |
| Short Long Term Debt | 1,000,000USD | 695,000USD | 546,000USD |
| Short Long Term Debt Total | 2,025,000USD | 3,475,000USD | 1,219,000USD |
| Long Term Debt | 996,000USD | 2,725,000USD | 673,000USD |
| Net Receivables | 2,620,000USD | 4,518,000USD | 898,000USD |
| Inventory | 1,004,000USD | 1,606,000USD | 156,000USD |
| Accounts Payable | 1,813,000USD | 1,914,000USD | 391,000USD |
| Property Plant Equipment Net | 28,000USD | 55,000USD | 0USD |
| Property Plant Equipment Gross | 28,000USD | 55,000USD | 0USD |
| Common Stock Shares Outstanding | 5,258,984shares | 6,667,000shares | 6,667,000shares |
| Non Current Assets Total | 1,615,000USD | 1,057,000USD | 25,000USD |
| Non Current Liabilities Total | 1,304,000USD | 3,086,000USD | 1,349,000USD |
| Non Currrent Assets Other | 1,587,000USD | -4,999USD | -5,000USD |
| Net Working Capital | 4,105,000USD | -2,507,000USD | -1,590,000USD |
| Unclassified Equity | 19,009,000USD | 5,858,999USD | — |
| Accumulated Other Comprehensive Income | — | -29,999USD | -30,000USD |
| Unclassified Non Current Assets | — | 1,002,000USD | — |
| Non Current Liabilities Other | — | — | 116,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Depreciation | 1,000USD |
| Stock Based Compensation | 120,000USD |
| Change To Account Receivables | -1,306,000USD |
| Change To Inventory | -1,893,000USD |
| Change To Liabilities | 311,000USD |
| Change In Working Capital | -3,046,000USD |
| Operating Cash Flow | -5,159,000USD |
| Capital Expenditures | -53,000USD |
| Investing Cash Flow | -53,000USD |
| Financing Cash Flow | 238,000USD |
| End Cash Flow | 1,180,000USD |
| Source | DisclosureDeterministicFinal |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -2,162,000USD | -3,681,000USD | -168,000USD | -108,000USD | -271,000USD | -1,091,000USD | -970,000USD | -944,000USD |
| Depreciation | 14,000USD | -12,000USD | 13,000USD | 14,000USD | 12,000USD | 9,000USD | 8,000USD | 0USD |
| Stock Based Compensation | 25,000USD | — | — | — | 0USD | — | — | — |
| Other Non Cash Items | 151,000USD | 303,000USD | 176,000USD | — | — | 0USD | 29,000USD | 50,000USD |
| Change To Account Receivables | -856,000USD | 1,583,000USD | 2,365,000USD | -892,000USD | -2,080,000USD | -2,915,000USD | 14,000USD | -647,000USD |
| Change To Inventory | -23,000USD | 837,000USD | -597,000USD | -230,000USD | 592,000USD | 188,000USD | -1,114,000USD | -241,000USD |
| Change In Working Capital | -492,000USD | -1,014,000USD | 121,000USD | 180,000USD | -1,277,000USD | 325,000USD | -603,000USD | -483,000USD |
| Total Cash From Operating Activities | -2,489,000USD | -4,404,000USD | 142,000USD | 86,000USD | -1,536,000USD | -757,000USD | -1,536,000USD | -1,377,000USD |
| Capital Expenditures | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD |
| Free Cash Flow | -2,489,000USD | -4,404,000USD | 142,000USD | 86,000USD | -1,536,000USD | -757,000USD | -1,536,000USD | -1,377,000USD |
| Net Borrowings | -131,000USD | -2,177,000USD | 95,000USD | -173,000USD | 831,000USD | 97,000USD | 598,000USD | 548,000USD |
| Total Cash From Financing Activities | -131,000USD | 9,796,000USD | 95,000USD | -173,000USD | 1,861,000USD | 97,000USD | 1,196,000USD | 1,808,000USD |
| Change In Cash | -2,620,000USD | 5,392,000USD | 237,000USD | -87,000USD | 325,000USD | -660,000USD | -90,000USD | 431,000USD |
| Begin Period Cash Flow | 6,154,000USD | 762,000USD | 525,000USD | 612,000USD | 287,000USD | 947,000USD | 1,037,000USD | 606,000USD |
| End Period Cash Flow | 3,534,000USD | 6,154,000USD | 762,000USD | 525,000USD | 612,000USD | 287,000USD | 947,000USD | 1,037,000USD |
| Issuance Of Capital Stock | — | 13,753,000USD | 0USD | 0USD | 0USD | 0USD | 598,000USD | 1,260,000USD |
| Other Cashflows From Financing Activities | — | 11,973,000USD | -1,030,000USD | — | 1,030,000USD | — | — | — |
| Unclassified Financing Cash Flow | — | -13,753,000USD | 1,030,000USD | — | — | — | — | — |
| Total Cashflows From Investing Activities | — | — | — | — | — | — | 250,000USD | — |
| Other Cashflows From Investing Activities | — | — | — | — | — | — | 250,000USD | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Net Income | -4,228,000USD | -3,474,000USD | -2,690,000USD |
| Depreciation | 27,000USD | 17,000USD | 3,000USD |
| Other Non Cash Items | 479,000USD | 108,000USD | 116,000USD |
| Change To Account Receivables | 1,011,000USD | -4,066,000USD | 539,000USD |
| Change To Inventory | 602,000USD | -1,450,000USD | -156,000USD |
| Change In Working Capital | -1,990,000USD | -522,000USD | 575,000USD |
| Total Cash From Operating Activities | -5,712,000USD | -3,871,000USD | -1,996,000USD |
| Capital Expenditures | 0USD | 0USD | 0USD |
| Free Cash Flow | -5,712,000USD | -3,871,000USD | -1,996,000USD |
| Net Borrowings | -1,424,000USD | 1,201,000USD | 384,000USD |
| Total Cash From Financing Activities | 11,579,000USD | 3,579,000USD | 2,236,000USD |
| Issuance Of Capital Stock | 13,753,000USD | 2,378,000USD | 1,852,000USD |
| Change In Cash | 5,867,000USD | -42,000USD | 240,000USD |
| Begin Period Cash Flow | 287,000USD | 329,000USD | 89,000USD |
| End Period Cash Flow | 6,154,000USD | 287,000USD | 329,000USD |
| Other Cashflows From Financing Activities | 673,000USD | — | — |
| Unclassified Financing Cash Flow | -1,423,000USD | — | — |
| Investments | — | 250,000USD | 0USD |
| Total Cashflows From Investing Activities | — | 250,000USD | — |
| Other Cashflows From Investing Activities | — | 250,000USD | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q1 2026Quarterly · 2026-03-31 | Product | Internet Network Services And Hardware And Internet Service | 1,053,000 | USD | 0001104659-26-061490 |
| Q1 2026Quarterly · 2026-03-31 | Product | Network Design And Installation | 3,377,000 | USD | 0001104659-26-061490 |
| FY 2025Yearly · 2025-12-31 | Product | Internet Network Services And Hardware And Internet Service | 2,822,000 | USD | 0001104659-26-037748 |
| FY 2025Yearly · 2025-12-31 | Product | Network Design And Installation | 18,796,000 | USD | 0001104659-26-037748 |
| Q3 2025Quarterly · 2025-09-30 | Product | Internet Network Services And Hardware And Internet Service | 794,000 | USD | 0001104659-25-119949 |
| Q3 2025Quarterly · 2025-09-30 | Product | Network Design And Installation | 4,454,000 | USD | 0001104659-25-119949 |
| Q1 2025Quarterly · 2025-03-31 | Product | Internet Network Services And Hardware And Internet Service | 475,000 | USD | 0001104659-26-061490 |
| Q1 2025Quarterly · 2025-03-31 | Product | Network Design And Installation | 4,971,000 | USD | 0001104659-26-061490 |
| FY 2024Yearly · 2024-12-31 | Product | Internet Network Services And Hardware And Internet Service | 1,125,000 | USD | 0001104659-26-037748 |
| FY 2024Yearly · 2024-12-31 | Product | Network Design And Installation | 7,370,000 | USD | 0001104659-26-037748 |
| Q3 2024Quarterly · 2024-09-30 | Product | Internet Network Services And Hardware And Internet Service | 302,000 | USD | 0001104659-25-119949 |
| Q3 2024Quarterly · 2024-09-30 | Product | Network Design And Installation | 1,583,000 | USD | 0001104659-25-119949 |
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.