{ "ok": true, "cik": "1877939", "ticker": "CTM", "name": "CASTELLUM, INC.", "filings": [ { "form": "8-K", "filed": "2026-09-09", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1877939/000187793926000078/0001877939-26-000078-index.htm" }, { "form": "8-K", "filed": "2026-08-31", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1877939/000187793926000075/0001877939-26-000075-index.htm" }, { "form": "8-K", "filed": "2026-08-07", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1877939/000187793926000073/0001877939-26-000073-index.htm" }, { "form": "10-Q", "filed": "2026-08-06", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1877939/000187793926000070/0001877939-26-000070-index.htm" }, { "form": "8-K", "filed": "2026-07-31", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1877939/000187793926000065/0001877939-26-000065-index.htm" }, { "form": "8-K", "filed": "2026-07-02", "items": [ "1.01 Entry into a Material Definitive Agreement", "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1877939/000187793926000057/0001877939-26-000057-index.htm" } ], "events12m": 21, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001877939.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1877939" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up CASTELLUM, INC. ($CTM). Last filing: 8-K (8.01 Other Events), 2026-09-09. 21 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 52866001, "revenueGrowth1y": 0.18097120035156156, "revenueGrowthPerYear": 0.20508193358477378, "yearsOfData": 5, "operatingMargin": -0.05323954804147187, "operatingMarginPrior": -0.16183739421276316, "netMargin": -0.04536548924894092, "operatingCashFlow": -1948377, "capitalSpending": 151741, "freeCashFlow": -2100118, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 14884778, "longTermDebt": null, "longTermDebtChange": null, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 25067450 }, { "fiscalYearEnd": "2022-12-31", "revenue": 42190643 }, { "fiscalYearEnd": "2023-12-31", "revenue": 45243812 }, { "fiscalYearEnd": "2024-12-31", "revenue": 44764852 }, { "fiscalYearEnd": "2025-12-31", "revenue": 52866001 } ], "totalEquity": 35752797, "totalAssets": 41902844, "equityRatio": 0.853230797413178, "returnOnEquity": -0.06707984273230427, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 43823856.702659845, "high": 78690664.07244195, "baseline": 59713662.219184965, "n": 749, "band": "b00" }, "ifPaceHeld": { "low": 43823856.702659845, "high": 78690664.07244195 } }, "edgarette": "🔖 Exposure: revenue $52.9M (FY2025). Experience: revenue up 18.1% on the year, up 20.5% a year over 4 years; operating margin -5.3%, up from -16.2%. Soundness: equity 85.3% of assets, return on equity -6.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $43.8M and $78.7M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (17 filers, $50M+ revenue, services-management consulting services): operating margin -5.3% against a 6.5% median; growth 18.1% against 4.2%.", "peers": { "sic": 8742, "sicDescription": "Services-Management Consulting Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "8742", "growth": [ 0.0421, 17 ], "opMargin": [ 0.0645, 17 ], "equityRatio": [ 0.4363, 17 ], "returnOnEquity": [ 0.0941, 16 ], "payoutRatio": [ 0.4492, 8 ] }, "summary": "Castellum (CTM) grew revenue 18.1% in FY2025 to $53 million, operating margin -5.3% against a 6.5% median for services-management consulting services, equity 85.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
CASTELLUM, INC. against its own record and its peers
Operating marginPeer median 6.5%-5.3%Revenue, on the yearPeer median 4.2%18.1%Equity of assetsPeer median 43.6%85.3%Return on equityPeer median 9.4%-6.7%Gold tick: the median of 16–17 peers with $50M+ revenue in services-management consulting services
", "chartHorizon": null, "backtest": { "tests": 2, "hits": 2, "rate": 1, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:20:45.196Z", "hash": "aeb1af19d2f1c13d", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Castellum (CTM) grew revenue 18.1% in FY2025 to $53 million, operating margin -5.3% against a 6.5% median for services-management consulting services, equity 85.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 52866001, "totalDebt": null, "cash": 14884778 }, "experience": { "revenueGrowth1y": 0.18097120035156156, "revenueGrowthPerYear": 0.20508193358477378, "operatingMargin": -0.05323954804147187, "operatingMarginPrior": -0.16183739421276316, "netMargin": -0.04536548924894092, "freeCashFlow": -2100118 }, "soundness": { "equityRatio": 0.853230797413178, "returnOnEquity": -0.06707984273230427, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 8742, "sicDescription": "Services-Management Consulting Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "8742", "growth": [ 0.0421, 17 ], "opMargin": [ 0.0645, 17 ], "equityRatio": [ 0.4363, 17 ], "returnOnEquity": [ 0.0941, 16 ], "payoutRatio": [ 0.4492, 8 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 43823856.702659845, "high": 78690664.07244195, "baseline": 59713662.219184965, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 749, "sizeBand": "b00" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 2, "hits": 2, "rate": 1, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:20:45.196Z", "hash": "aeb1af19d2f1c13d", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001877939.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1877939" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }