ELWT · NASDAQ · Telecommunications Services

Elauwit Connection (ELWT)

Builds and operates managed broadband and Wi-Fi networks for multifamily and student housing.

$7.16
vs last close−0.08 (−1.10%)
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Elauwit Connection, Inc. Common StockELWT
Communication Services

Delivers managed broadband and property-wide Wi-Fi networks to multifamily and student-housing communities. It designs, deploys, operates, and supports connectivity infrastructure for property owners and residents.

Designs, deploys, and operates managed broadband and property-wide Wi-Fi networks for multifamily and student-housing communities. Its turnkey model combines network delivery with ongoing support for real-estate owners and residents.

Work centers on student and multifamily properties, while in-service and contracted networks extend across commercial real estate in U.S. states. The business operates as a specialist connectivity provider rather than a general telecommunications company.

Execution depends on working closely with property owners, supporting residents, and delivering networks that span a property's shared infrastructure. Network construction projects are part of operations; a revenue-recognition error on such projects caused a quarterly filing to be restated.

Company facts

CEOBarry Rubens
ListedNov 6, 2025
ExchangeNASDAQ
HeadquartersColumbia, SC
CountryUnited States
Employees34
CIK0002063863
ISINUS28417M1099

Market cap$47.9M
EPS (ttm)−$1.53
P/E (ttm)−4.75
ROE-4,132.0%
P/B
P/S2.78
Dividend yieldDiv yield
Beta0.37vs XLC −0.08

No analyst consensus on record.

Next report
Nov 16, 26
in 54 days
EPS estimate
−$0.32
Revenue estimate
$5.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

May '25Aug '25Dec '25Mar '26May '26Aug '26Nov '26
Reported−$0.04−$0.02−$0.03−$0.38−$0.33−$0.47Pending
Estimate−$0.01−$0.03−$0.22−$0.24−$0.32
Surprise−200.0%−1,166.7%−50.0%−95.8%

RevenueReportedEstimate

May '25Aug '25Dec '25Mar '26May '26Aug '26Nov '26
Reported$5.6M$6.1M$5.2M$6.1M$4.4M$2.9MPending
Estimate$5.0M$5.4M$4.1M$4.7M$5.0M
Surprise+5.0%+12.8%+7.3%−39.6%
Estimate−$0.32
ReportedDue Nov 16, 2026
Estimate$5.0M
ReportedDue Nov 16, 2026
View details

Current ratio90.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.9M$3.3M$5.6M$6.1M$5.2M$4.7M$4.4M$2.9M
Net income−$970.0K−$1.1M−$271.0K−$108.0K−$168.0K−$3.7M−$2.2M−$3.1M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$881.0K−$1.0M−$198.0K$9.0K$118.0K−$3.6M−$2.2M−$3.1M
YoY growthLoss narrowedTurned profitTurned profitLoss widenedLoss widenedTurned loss

Balance sheet, Jun 30, 2026Cash & short-term investments $1.2M · Total debt $2.7M · Total assets $10.1M · Shareholders' equity −$757.0K

Revenue
$2.9M
Operating income
−$3.1M
Net income
−$3.1M
View details

No dividends on record.

Institutions10.07%666.8K shares
12 holders · as of Jun 30, 2026
Insiders1.33%87.8K shares
1 holder · as of Sep 21, 2026
Other88.60%5.87M shares
remainder

6.62M company shares as of Aug 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Bard Associates IncInstitution
7.64%506,039as of Jun 30, 2026
James P. II di BartoloInsiderofficer: Chief Financial Officer
1.33%87,758filed Sep 21, 2026
Perkins Capital Management IncInstitution
0.84%55,500as of Jun 30, 2026
Vanguard Capital Management LLCInstitution
0.33%22,120as of Jun 30, 2026
Geode Capital Management, LLCInstitution
0.32%21,220as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 14, 2026James P. II di Bartoloofficer: Chief Financial Officer+95$7.18
Sep 10, 2026James P. II di Bartoloofficer: Chief Financial Officer+45$7.05
View details

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    Managed WiFi, multi-gig Internet, and FTTU for multifamily

  • Verizon

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CompanyPriceChange
Elauwit Connection$7.16−1.10%$47.9M2.8−53.0%
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Median7.87.70.6−1.2%