Elauwit Connection Inc
elauwit.comWhat Do They Do?
Designs, installs, and operates broadband Internet and WiFi networks for multifamily and student housing property owners, who offer connectivity to residents.
10-K for FY2025, filed Mar 31, 2026
How Do They Make Money?
Property owners pay for network design and installation as work progresses; monthly per-unit fees cover internet service and maintenance over long-term agreements.
10-K for FY2025, filed Mar 31, 2026We design, install, operate, and maintain new fiber optic and WiFi networks throughout each contracted property. Once installed, property…View ↗
Through our Managed Services solution, we enter into network service agreements, pursuant to which customers fund all network design and…View ↗
The timing of revenue recognition, billings and collections results in receivables, unbilled receivables and contract liabilities on its…View ↗
Revenue related to wired/wireless internet services is recognized over time as the customer simultaneously receives and consumes the…View ↗
Revenue related to hardware and internet services maintenance is recognized over time as the customer simultaneously receives and consumes…View ↗
$21.6M
-
10-K for FY2025, filed Mar 31, 2026
$21.6M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Network design and installation
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
87% |
Network design and installation, FY2025
$18.8M Sources
|
Sold outright |
|
Internet network services and hardware and internet service
Recurring
10-K for FY2025, filed Mar 31, 2026 |
13% |
Internet network services and hardware and internet service, FY2025
$2.8M Sources
|
Recurring |
Who Are Their Customers?
Property ownership groups, REITs and property managers buy wholesale network services from Elauwit and offer internet access to residents.
10-K for FY2025, filed Mar 31, 2026
10-K for FY2025, filed Mar 31, 2026
Accounts receivable are subject to the risk that the Company’s customers will not pay the amounts due. The Company has established credit…View ↗
Do Revenues Turn Into Profits?
No. It lost $4.2M in FY2025.
10-K for FY2025, filed Mar 31, 2026
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 19, 2026
−$3.1MView ↗
- ▲ +265% (Loss)
- vs −$857K in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 19, 2026
Open tableView ↗
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Aug 18, 2026
Company expects contracted units to exceed 50,000 before year-end
The release said this would represent more than 46% annualized growth in contracted units for 2026.
Sources
8-K, filed Aug 18, 2026
“In summary, the well-documented message that choosing Elauwit’s managed services solutions can secure increased revenue, higher…View ↗
-
Apr 1, 2026
James Di Bartolo appointed CFO, replacing Sean Arnette
Sources
8-K, filed Apr 1, 2026
On March 30, 2026, the Board of Directors (the “Board”) of Elauwit Connection, Inc. (the “Company”) appointed James Philippe Di Bartolo II…View ↗
Who Do They Compete With?
Competes with Comcast, AT&T, Spectrum, Pavlov Media, Single Digits, WhiteSky, and Aerwave
10-K for FY2025, filed Mar 31, 2026Incumbent ISPs such as Comcast, AT&T, and Spectrum typically provide services directly to the residents of multifamily properties with…View ↗
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