Elauwit Connection, Inc.
ELWTNasdaqCommunication Services · Communications Services, NEC · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | |
|---|---|---|
| Revenue | $21.6M | $8.5M |
| Operating income | −$3.7M | −$3.2M |
| Net income | −$4.2M | −$3.5M |
| Total assets | $11.9M | $7.7M |
| Total liabilities | $7.5M | $12.3M |
| Equity | $4.4M | −$4.5M |
| EPS (diluted) | $-0.80 | $-0.98 |
| Shares out. | 5.3M | 3.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −17.1%
- Net margin
- −19.6%
- Return on equity
- −95.7%
- Return on assets
- −35.4%
- Return on capital (ROCE)
- −64.8%
- Liabilities / assets
- 63.0%
- Debt / equity
- 1.70×
- Book value / share
- $0.84
- Revenue growth (YoY)
- 154.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -3.20distress
- Accruals / assets
- 12.4%high accruals
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 4 warning● 1 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- High accruals — earnings-quality risk
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Bard Associates IncPassive (13G)May 13, 2026
- Maxim Cerith LlcPassive (13G)Feb 17, 2026
- Rubens Barry RPassive (13G)Feb 13, 2026
- Mcdonough Daniel JrPassive (13G)Feb 13, 2026
- Lytton Laurence WPassive (13G)Dec 22, 2025
- Jones Taylor P.Passive (13G)Nov 6, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Rubens Barry ROfficer — Chief Executive Officer | Dec 11, 2025 | Buy | 2,500 | $6.59 |
| Mcdonough Daniel JrOfficer — Executive Chairman | Dec 11, 2025 | Buy | 5,000 | $6.50 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 40,801 | 1.2 | +35.0% |
| Apr 30, 2026 | 30,215 | 1.0 | +1.2% |
| Apr 15, 2026 | 29,866 | 1.0 | -15.3% |
| Mar 31, 2026 | 35,245 | 1.0 | +24.5% |
| Mar 13, 2026 | 28,300 | 1.0 | +64.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 14, 2026
- Director / officer changeApr 1, 2026
- Results of operationsMar 31, 2026
- Prior financials not reliable (restatement) · Regulation FD disclosureFeb 27, 2026
- Results of operationsDec 8, 2025
- Other material eventNov 24, 2025
- Entered a material agreement · Director / officer change · Shareholder vote · Other material eventNov 6, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QMay 15, 2026
- 8-KFORM 8-KMay 14, 2026
- SCHEDULE 13GMay 13, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 30, 2026
- 3INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIESApr 30, 2026
- ARSApr 24, 2026
- DEFA14AApr 24, 2026
- DEF 14AApr 24, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 6, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 6, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 6, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 6, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 6, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 6, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESApr 6, 2026