Elauwit Connection, Inc.ELWT

NasdaqMedia & TelecomCommunications Services, NEC
Price (close)
$6.89
Market cap
$34.5M
P/E
—
Revenue (TTM)
$18.1M
Net income
-$8.2M
Dividend yield
—
1-year total return
—
Net margin
-45.3%
Revenue growth
13.6%
Debt / equity
—

What Elauwit Connection, Inc. does.

We are a provider of broadband Internet networks for the multifamily and student housing property sector. We provide Managed Services and Network-as-a-Service solutions designed to modernize and enhance the Internet connectivity experience for residents while driving significant financial benefits for property owners.

We strive to be a leading player in a booming multifamily property conversion trend through service commitment, operational experience and flexibility. Key highlights of our business and market opportunity include:

o According to market estimates from the National Multifamily Housing Council (“NMHC”), there are approximately 23 million apartment units in the U.S., and we estimate 55% of those units are well-suited for our network services.

Revenue and profit, by fiscal year.

Fiscal year202320242025
Revenue—$8.5M$21.6M
Net income—-$3.5M-$4.2M

More on ELWT.

Figures from Elauwit Connection, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.