공시 • Jun 17
Elauwit Connection, Inc. Announces Executive Changes Elauwit Connection, Inc. announced that, effective June 15, 2026, Nick Jones, age 47, was appointed as Chief Information Officer and Chief Operating Officer. Prior to joining the Company, Mr. Jones served as Executive Vice President and Chief Operating Officer at World Cinema, Inc. from August 2016 to June 2026. From April 2006 to August 2016, Mr. Jones served as Chief Executive Officer at NJT, Inc. Prior to this service, Mr. Jones served in various Network Engineer roles at Schlumberger, First Edge Sornson and Castle Dental between January 1998 to April 2006. In connection with this transition, Richard Alder was released from his position as Chief Operations Officer effective as of June 11, 2026. 공시 • Jun 16
Elauwit Connection, Inc. Announces Executive Changes, Effective July 10, 2026 Elauwit Connection, Inc. announced that on June 9, 2026, Kyle Huffman, the Chief Accounting Officer, notify the Company of his intention to resign from his position effective as of July 10, 2026. James Di Bartolo, the Company's Chief Financial Officer, is expected to assume the responsibilities of principal accounting officer following Mr. Huffman's departure. Reported Earnings • May 16
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: US$0.33 loss per share (further deteriorated from US$0.054 loss in 1Q 2025). Revenue: US$4.43m (down 21% from 1Q 2025). Net loss: US$2.16m (loss widened US$1.89m from 1Q 2025). Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Telecom industry in the US. New Risk • May 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$4.2m Forecast net loss in 1 year: US$3.2m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$3.2m net loss next year). Market cap is less than US$100m (US$56.2m market cap). 공시 • May 14
Elauwit Connection, Inc. to Report Q1, 2026 Results on May 14, 2026 Elauwit Connection, Inc. announced that they will report Q1, 2026 results Pre-Market on May 14, 2026 공시 • Apr 27
Elauwit Connection, Inc., Annual General Meeting, Jun 18, 2026 Elauwit Connection, Inc., Annual General Meeting, Jun 18, 2026. New Risk • Apr 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.1m free cash flow). Negative equity (-US$5.1m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$42.1m market cap). Reported Earnings • Apr 02
Full year 2025 earnings released: US$0.80 loss per share (vs US$0.98 loss in FY 2024) Full year 2025 results: US$0.80 loss per share. Revenue: US$21.6m (up 155% from FY 2024). Net loss: US$4.23m (loss widened 22% from FY 2024). Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Telecom industry in the US. Board Change • Dec 31
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Roger Shannon was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 09
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: US$0.034 loss per share. Net loss: US$168.0k (flat on 3Q 2024). Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates by 200%. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Telecom industry in the US. 공시 • Nov 19
Elauwit Connection, Inc. Appoints Sebastian Shahvandi as Chief Growth Officer, Effective as of November 6, 2025 Elauwit Connection, Inc. announced the appointment of Sebastian Shahvandi as Chief Growth Officer, effective as of November 6, 2025. Shahvandi brings more than two decades of executive experience in scaling technology, telecom, and enterprise service organizations across commercial, federal, and private equity-backed markets. He joins Elauwit following
his tenure as Chief Executive Officer of 7SIGNAL, a leading wireless network performance platform where he repositioned the company for category leadership in mission-critical WiFi and enterprise growth. Previously, Shahvandi served as Senior Vice President of Growth at IDeaS Revenue Solutions, where he led global go-to-market transformation and accelerated pipeline velocity across SMB, mid-market, and enterprise segments. Prior to that, he was Chief Revenue Officer at Hypori, where he guided the company's expansion in both the
enterprise and federal sectors, achieving significant ARR growth and operational scale. Earlier in his career, Shahvandi held senior leadership roles at IMPRES Technology Solutions and Dell Technologies. At Elauwit, Shahvandi will oversee sales, marketing, and strategic partnerships, unifying customer growth strategy under a single framework that blends data, technology, and financial innovation. His focus includes advancing Elauwit's national market expansion, optimizing the Company's go-to-market engine, and strengthening
capital-aligned programs that allow property owners to deploy next-generation connectivity through flexible financial structures. 
