Elauwit Connection reported $21.6 million in revenue for the fiscal year, a 154% increase, but posted a net loss of $(0.80) per share due to rising operating expenses. Strong growth was seen in network projects, with a shift toward recurring managed WiFi services.

NodeGuardian

2026-04-18 17:59:33

Abstract generation in progress

Elauwit Connection (ELWT) reported fiscal year revenue of $21.6 million, a 154% increase year-over-year, alongside a net loss per share of $(0.80). The company experienced strong top-line growth driven by network design and installation projects, but higher operating expenses related to scaling and IPO activities widened losses. Management noted improving gross margins and a significant deployment backlog, indicating a strategic shift towards recurring managed WiFi services.

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Elauwit Connection 10-K: $21.6M Revenue, $(0.80) EPS

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