_id
692c83aeb93c8af7a3957874
Ticker
ELWT
Name
Elauwit Connection, Inc. Common Stock
Exchange
NASDAQ
Address
109 E. 17th St., Cheyenne, WY, United States, 82001
Country
USA
Sector
Communication Services
Industry
Telecom Services
Currency
USD
Website
https://www.elauwit.com
Description
Elauwit Connection, Inc. provides broadband internet network for the multifamily and student housing property sectors in the United States. The company designs, installs, operates, and maintains fiber optics and WiFi networks throughout each contracted property, as well as offers bandwidth, 24/7 network monitoring, network maintenance, and resident support services. It provides its services to wholesale, REITs, property ownership groups, and property management companies. The company was founded in 2019 and is headquartered in Cheyenne, Wyoming.
Last Close
4.94
Volume
36075
Current Price
4.6336
Change
-0.37
Last Updated
2026-01-03T10:56:15.691Z
Image
https://logo.clearbit.com/www.elauwit.com
Ipo Date
2025-11-05T00:00:00.000Z
Market Cap
-
Next Dividend Date
-
Dividend Frequency
-
Dividend Rate
-
Dividend Yield
0
Sentiment
-
Sentiment Sources
0
Rating
4
Strong Buy
0
Buy
1
Hold
0
Sell
0
Strong Sell
0
Current Quarter
2025-09-30
Revenue
5248000
Cost Of Revenue
3360000
Gross Profit
1888000
Operating Expenses
1770000
Operating Income
118000
Interest Expense
109000
Pretax Income
-167000
Net Income
-168000
Eps
-0.02537842555873323
Dividends Per Share
-
Shares Outstanding
0
Income Tax Expense
1000
EBITDA
-45000
Operating Margin
2.2484756097560976
Total Other Income Expense Net
-285000
Cash
762000
Short Term Investments
-
Receivables
4641000
Inventories
1841000
Total Current Assets
7593000
Property Plant Equipment
41000
Total Assets
9086000
Payables
2740000
Short Term Debt
2052000
Long Term Debt
2164000
Total Liabilities
14139000
Equity
-5053000
Bs_currency_symbol
USD
Depreciation
13000
Change In Working Capital
121000
Cash From Operations
142000
Capital Expenditures
0
Cash From Investing
-
Cash From Financing
95000
Net Change In Cash
237000
Cf_currency_symbol
USD
PE
-
PB
-6.070351621927568
ROE
3.3247575697605383
ROA
-1.848998459167951
FCF
142000
Fcf Percent
0.027057926829268292
Piotroski FScore
2
Health Score
20
Deep Value Investing Score
2
Defensive Investing Score
7
Dividend Investing Score
3
Economic Moat Investing Score
5.8
Garp Investing Score
2.5
Growth Investing Score
2.5
Momentum Investing Score
2.5
Net Net Investing Score
1.5
Quality Investing Score
3
Value Investing Score
1
Quarters > 0 > quarter
2025-09-30
Quarters > 0 > income Statement > revenue
5248000
Quarters > 0 > income Statement > cost Of Revenue
3360000
Quarters > 0 > income Statement > gross Profit
1888000
Quarters > 0 > income Statement > operating Expenses
1770000
Quarters > 0 > income Statement > operating Income
118000
Quarters > 0 > income Statement > interest Expense
109000
Quarters > 0 > income Statement > pretax Income
-167000
Quarters > 0 > income Statement > net Income
-168000
Quarters > 0 > income Statement > eps
-0.02537842555873323
Quarters > 0 > income Statement > dividends Per Share
-
Quarters > 0 > income Statement > shares Outstanding
6619796
Quarters > 0 > income Statement > income Tax Expense
1000
Quarters > 0 > income Statement > EBITDA
-45000
Quarters > 0 > income Statement > operating Margin
2.2484756097560976
Quarters > 0 > income Statement > total Other Income Expense Net
-285000
Quarters > 0 > income Statement > currency_symbol
USD
Quarters > 0 > balance Sheet > cash
762000
Quarters > 0 > balance Sheet > short Term Investments
-
Quarters > 0 > balance Sheet > receivables
4641000
Quarters > 0 > balance Sheet > inventories
1841000
Quarters > 0 > balance Sheet > total Current Assets
7593000
Quarters > 0 > balance Sheet > property Plant Equipment
41000
Quarters > 0 > balance Sheet > total Assets
9086000
Quarters > 0 > balance Sheet > payables
2740000
Quarters > 0 > balance Sheet > short Term Debt
2052000
Quarters > 0 > balance Sheet > long Term Debt
2164000
Quarters > 0 > balance Sheet > total Liabilities
14139000
Quarters > 0 > balance Sheet > equity
-5053000
Quarters > 0 > balance Sheet > currency_symbol
USD
Quarters > 0 > cash Flow > net Income
-168000
Quarters > 0 > cash Flow > depreciation
13000
Quarters > 0 > cash Flow > change In Working Capital
121000
Quarters > 0 > cash Flow > cash From Operations
142000
Quarters > 0 > cash Flow > capital Expenditures
0
Quarters > 0 > cash Flow > cash From Investing
-
Quarters > 0 > cash Flow > cash From Financing
95000
Quarters > 0 > cash Flow > net Change In Cash
237000
Quarters > 0 > cash Flow > currency_symbol
USD
Quarters > 0 > ratios > PE
-0.02537842555873323
Quarters > 0 > ratios > PB
-6.070351621927568
Quarters > 0 > ratios > ROE
3.3247575697605383
Quarters > 0 > ratios > ROA
-1.848998459167951
Quarters > 0 > ratios > FCF
142000
Quarters > 0 > ratios > Piotroski FScore
2
Quarters > 0 > ratios > fcf Percent
0.027057926829268292
Quarters > 0 > health Score
20
Quarters > 1 > quarter
2025-06-30
Quarters > 1 > income Statement > revenue
6074000
Quarters > 1 > income Statement > cost Of Revenue
4520000
Quarters > 1 > income Statement > gross Profit
1554000
Quarters > 1 > income Statement > operating Expenses
1545000
Quarters > 1 > income Statement > operating Income
9000
Quarters > 1 > income Statement > interest Expense
113000
Quarters > 1 > income Statement > pretax Income
-104000
Quarters > 1 > income Statement > net Income
-108000
Quarters > 1 > income Statement > eps
-0.016320000145066668
Quarters > 1 > income Statement > dividends Per Share
-
Quarters > 1 > income Statement > shares Outstanding
6617647
Quarters > 1 > income Statement > income Tax Expense
4000
Quarters > 1 > income Statement > EBITDA
23000
Quarters > 1 > income Statement > operating Margin
0.14817253868949623
Quarters > 1 > income Statement > total Other Income Expense Net
-113000
Quarters > 1 > income Statement > currency_symbol
USD
Quarters > 1 > balance Sheet > cash
525000
Quarters > 1 > balance Sheet > short Term Investments
-
Quarters > 1 > balance Sheet > receivables
7030000
Quarters > 1 > balance Sheet > inventories
1244000
Quarters > 1 > balance Sheet > total Current Assets
9051000
Quarters > 1 > balance Sheet > property Plant Equipment
54000
Quarters > 1 > balance Sheet > total Assets
10545000
Quarters > 1 > balance Sheet > payables
2886000
Quarters > 1 > balance Sheet > short Term Debt
1507000
Quarters > 1 > balance Sheet > long Term Debt
2627000
Quarters > 1 > balance Sheet > total Liabilities
15430000
Quarters > 1 > balance Sheet > equity
-4885000
Quarters > 1 > balance Sheet > currency_symbol
USD
Quarters > 1 > cash Flow > net Income
-108000
Quarters > 1 > cash Flow > depreciation
14000
Quarters > 1 > cash Flow > change In Working Capital
180000
Quarters > 1 > cash Flow > cash From Operations
86000
Quarters > 1 > cash Flow > capital Expenditures
0
Quarters > 1 > cash Flow > cash From Investing
-
Quarters > 1 > cash Flow > cash From Financing
-173000
Quarters > 1 > cash Flow > net Change In Cash
-87000
Quarters > 1 > cash Flow > currency_symbol
USD
Quarters > 1 > ratios > PE
-0.016320000145066668
Quarters > 1 > ratios > PB
-6.277078636479017
Quarters > 1 > ratios > ROE
2.2108495394063463
Quarters > 1 > ratios > ROA
-1.0241820768136558
Quarters > 1 > ratios > FCF
86000
Quarters > 1 > ratios > Piotroski FScore
2
Quarters > 1 > ratios > fcf Percent
0.01415870925255186
Quarters > 1 > health Score
18
Quarters > 2 > quarter
2025-03-31
Quarters > 2 > income Statement > revenue
5617000
Quarters > 2 > income Statement > cost Of Revenue
4187000
Quarters > 2 > income Statement > gross Profit
1430000
Quarters > 2 > income Statement > operating Expenses
1628000
Quarters > 2 > income Statement > operating Income
-198000
Quarters > 2 > income Statement > interest Expense
73000
Quarters > 2 > income Statement > pretax Income
-271000
Quarters > 2 > income Statement > net Income
-271000
Quarters > 2 > income Statement > eps
-0.04095111147512099
Quarters > 2 > income Statement > dividends Per Share
-
Quarters > 2 > income Statement > shares Outstanding
6617647
Quarters > 2 > income Statement > income Tax Expense
-
Quarters > 2 > income Statement > EBITDA
-186000
Quarters > 2 > income Statement > operating Margin
-3.5250133523233043
Quarters > 2 > income Statement > total Other Income Expense Net
-73000
Quarters > 2 > income Statement > currency_symbol
USD
Quarters > 2 > balance Sheet > cash
612000
Quarters > 2 > balance Sheet > short Term Investments
-
Quarters > 2 > balance Sheet > receivables
6209000
Quarters > 2 > balance Sheet > inventories
1014000
Quarters > 2 > balance Sheet > total Current Assets
8077000
Quarters > 2 > balance Sheet > property Plant Equipment
68000
Quarters > 2 > balance Sheet > total Assets
9526000
Quarters > 2 > balance Sheet > payables
2542000
Quarters > 2 > balance Sheet > short Term Debt
1253000
Quarters > 2 > balance Sheet > long Term Debt
3053000
Quarters > 2 > balance Sheet > total Liabilities
14303000
Quarters > 2 > balance Sheet > equity
-4777000
Quarters > 2 > balance Sheet > currency_symbol
USD
Quarters > 2 > cash Flow > net Income
-271000
Quarters > 2 > cash Flow > depreciation
12000
Quarters > 2 > cash Flow > change In Working Capital
-1277000
Quarters > 2 > cash Flow > cash From Operations
-1536000
Quarters > 2 > cash Flow > capital Expenditures
0
Quarters > 2 > cash Flow > cash From Investing
-
Quarters > 2 > cash Flow > cash From Financing
1861000
Quarters > 2 > cash Flow > net Change In Cash
325000
Quarters > 2 > cash Flow > currency_symbol
USD
Quarters > 2 > ratios > PE
-0.04095111147512099
Quarters > 2 > ratios > PB
-6.418992911701906
Quarters > 2 > ratios > ROE
5.673016537575885
Quarters > 2 > ratios > ROA
-2.844845685492337
Quarters > 2 > ratios > FCF
-1536000
Quarters > 2 > ratios > Piotroski FScore
0
Quarters > 2 > ratios > fcf Percent
-0.27345558127114117
Quarters > 2 > health Score
19
Quarters > 3 > quarter
2024-12-31
Quarters > 3 > income Statement > revenue
3312000
Quarters > 3 > income Statement > cost Of Revenue
3032000
Quarters > 3 > income Statement > gross Profit
280000
Quarters > 3 > income Statement > operating Expenses
1317000
Quarters > 3 > income Statement > operating Income
-1037000
Quarters > 3 > income Statement > interest Expense
70000
Quarters > 3 > income Statement > pretax Income
-1107000
Quarters > 3 > income Statement > net Income
-1091000
Quarters > 3 > income Statement > eps
-0.16364181790910454
Quarters > 3 > income Statement > dividends Per Share
-
Quarters > 3 > income Statement > shares Outstanding
6667000
Quarters > 3 > income Statement > income Tax Expense
-16000
Quarters > 3 > income Statement > EBITDA
-1028000
Quarters > 3 > income Statement > operating Margin
-31.31038647342995
Quarters > 3 > income Statement > total Other Income Expense Net
-70000
Quarters > 3 > income Statement > currency_symbol
USD
Quarters > 3 > balance Sheet > cash
287000
Quarters > 3 > balance Sheet > short Term Investments
-
Quarters > 3 > balance Sheet > receivables
4518000
Quarters > 3 > balance Sheet > inventories
1606000
Quarters > 3 > balance Sheet > total Current Assets
6669000
Quarters > 3 > balance Sheet > property Plant Equipment
55000
Quarters > 3 > balance Sheet > total Assets
7726000
Quarters > 3 > balance Sheet > payables
1914000
Quarters > 3 > balance Sheet > short Term Debt
731000
Quarters > 3 > balance Sheet > long Term Debt
2725000
Quarters > 3 > balance Sheet > total Liabilities
12262000
Quarters > 3 > balance Sheet > equity
-4536000
Quarters > 3 > balance Sheet > currency_symbol
USD
Quarters > 3 > cash Flow > net Income
-1091000
Quarters > 3 > cash Flow > depreciation
9000
Quarters > 3 > cash Flow > change In Working Capital
325000
Quarters > 3 > cash Flow > cash From Operations
-757000
Quarters > 3 > cash Flow > capital Expenditures
0
Quarters > 3 > cash Flow > cash From Investing
-
Quarters > 3 > cash Flow > cash From Financing
97000
Quarters > 3 > cash Flow > net Change In Cash
287000
Quarters > 3 > cash Flow > currency_symbol
USD
Quarters > 3 > ratios > PE
-0.16364181790910454
Quarters > 3 > ratios > PB
-6.810452204585538
Quarters > 3 > ratios > ROE
24.052028218694886
Quarters > 3 > ratios > ROA
-14.121149365777894
Quarters > 3 > ratios > FCF
-757000
Quarters > 3 > ratios > Piotroski FScore
1
Quarters > 3 > ratios > fcf Percent
-0.22856280193236714
Quarters > 3 > health Score
31
Annuals > 0 > quarter
2024-12-31
Annuals > 0 > income Statement > revenue
8495000
Annuals > 0 > income Statement > cost Of Revenue
7331000
Annuals > 0 > income Statement > gross Profit
1164000
Annuals > 0 > income Statement > operating Expenses
4382000
Annuals > 0 > income Statement > operating Income
-3218000
Annuals > 0 > income Statement > interest Expense
255000
Annuals > 0 > income Statement > pretax Income
-3473000
Annuals > 0 > income Statement > net Income
-3474000
Annuals > 0 > income Statement > eps
-0.5210739463026849
Annuals > 0 > income Statement > dividends Per Share
-
Annuals > 0 > income Statement > shares Outstanding
6667000
Annuals > 0 > income Statement > income Tax Expense
1000
Annuals > 0 > income Statement > EBITDA
-3201000
Annuals > 0 > income Statement > operating Margin
-37.88110653325486
Annuals > 0 > income Statement > total Other Income Expense Net
-255000
Annuals > 0 > income Statement > currency_symbol
USD
Annuals > 0 > balance Sheet > cash
287000
Annuals > 0 > balance Sheet > short Term Investments
-
Annuals > 0 > balance Sheet > receivables
4518000
Annuals > 0 > balance Sheet > inventories
1606000
Annuals > 0 > balance Sheet > total Current Assets
6669000
Annuals > 0 > balance Sheet > property Plant Equipment
55000
Annuals > 0 > balance Sheet > total Assets
7726000
Annuals > 0 > balance Sheet > payables
1914000
Annuals > 0 > balance Sheet > short Term Debt
731000
Annuals > 0 > balance Sheet > long Term Debt
2725000
Annuals > 0 > balance Sheet > total Liabilities
12262000
Annuals > 0 > balance Sheet > equity
-4536000
Annuals > 0 > balance Sheet > currency_symbol
USD
Annuals > 0 > cash Flow > net Income
-3474000
Annuals > 0 > cash Flow > depreciation
17000
Annuals > 0 > cash Flow > change In Working Capital
-522000
Annuals > 0 > cash Flow > cash From Operations
-3871000
Annuals > 0 > cash Flow > capital Expenditures
0
Annuals > 0 > cash Flow > cash From Investing
250000
Annuals > 0 > cash Flow > cash From Financing
3579000
Annuals > 0 > cash Flow > net Change In Cash
-42000
Annuals > 0 > cash Flow > currency_symbol
USD
Annuals > 0 > ratios > PE
-0.5210739463026849
Annuals > 0 > ratios > PB
-6.908046737213404
Annuals > 0 > ratios > ROE
76.5873015873016
Annuals > 0 > ratios > ROA
-44.96505306756407
Annuals > 0 > ratios > FCF
-3871000
Annuals > 0 > ratios > Piotroski FScore
1
Annuals > 0 > ratios > fcf Percent
-0.4556798116539141
Annuals > 0 > health Score
31
Annuals > 1 > quarter
2023-12-31
Annuals > 1 > income Statement > revenue
3923000
Annuals > 1 > income Statement > cost Of Revenue
3728000
Annuals > 1 > income Statement > gross Profit
195000
Annuals > 1 > income Statement > operating Expenses
2787000
Annuals > 1 > income Statement > operating Income
-2592000
Annuals > 1 > income Statement > interest Expense
98000
Annuals > 1 > income Statement > pretax Income
-2690000
Annuals > 1 > income Statement > net Income
-2690000
Annuals > 1 > income Statement > eps
-0.4034798260086996
Annuals > 1 > income Statement > dividends Per Share
-
Annuals > 1 > income Statement > shares Outstanding
6667000
Annuals > 1 > income Statement > income Tax Expense
-
Annuals > 1 > income Statement > EBITDA
-2589000
Annuals > 1 > income Statement > operating Margin
-66.07188376242672
Annuals > 1 > income Statement > total Other Income Expense Net
-98000
Annuals > 1 > income Statement > currency_symbol
USD
Annuals > 1 > balance Sheet > cash
329000
Annuals > 1 > balance Sheet > short Term Investments
-
Annuals > 1 > balance Sheet > receivables
898000
Annuals > 1 > balance Sheet > inventories
156000
Annuals > 1 > balance Sheet > total Current Assets
1383000
Annuals > 1 > balance Sheet > property Plant Equipment
0
Annuals > 1 > balance Sheet > total Assets
1408000
Annuals > 1 > balance Sheet > payables
391000
Annuals > 1 > balance Sheet > short Term Debt
546000
Annuals > 1 > balance Sheet > long Term Debt
673000
Annuals > 1 > balance Sheet > total Liabilities
4322000
Annuals > 1 > balance Sheet > equity
-2914000
Annuals > 1 > balance Sheet > currency_symbol
USD
Annuals > 1 > cash Flow > net Income
-2690000
Annuals > 1 > cash Flow > depreciation
3000
Annuals > 1 > cash Flow > change In Working Capital
575000
Annuals > 1 > cash Flow > cash From Operations
-1996000
Annuals > 1 > cash Flow > capital Expenditures
0
Annuals > 1 > cash Flow > cash From Investing
-
Annuals > 1 > cash Flow > cash From Financing
2236000
Annuals > 1 > cash Flow > net Change In Cash
329000
Annuals > 1 > cash Flow > currency_symbol
USD
Annuals > 1 > ratios > PE
-0.4034798260086996
Annuals > 1 > ratios > PB
-10.753225806451614
Annuals > 1 > ratios > ROE
92.31297185998628
Annuals > 1 > ratios > ROA
-191.05113636363635
Annuals > 1 > ratios > FCF
-1996000
Annuals > 1 > ratios > Piotroski FScore
0
Annuals > 1 > ratios > fcf Percent
-0.5087942900841192
Annuals > 1 > health Score
30
Valuation > metrics > PE
-0.02537842555873323
Valuation > metrics > PB
-6.070351621927568
Valuation > final Score
50
Valuation > verdict
Fair
Profitability > metrics > ROE
3.3247575697605383
Profitability > metrics > ROA
-2.2125642038719873
Profitability > metrics > Net Margin
-0.03201219512195122
Profitability > final Score
7
Profitability > verdict
Weak
Risk > metrics > Interest Coverage
1.0825688073394495
Risk > final Score
34
Risk > verdict
High
Liquidity > metrics > Current Ratio
1.5845158597662772
Liquidity > metrics > Quick Ratio
1.2003338898163607
Liquidity > final Score
90
Liquidity > verdict
Great
Prev Valuations > 0
50
Prev Valuations > 1
50
Prev Valuations > 2
50
Prev Profitabilities > 0
4
Prev Profitabilities > 1
11
Prev Profitabilities > 2
40
Prev Risks > 0
30
Prev Risks > 1
19
Prev Risks > 2
-29
Prev Liquidities > 0
100
Prev Liquidities > 1
100
Prev Liquidities > 2
100
Updated At
2026-01-20T23:12:22.183Z
Earnings History > 0 > period
2025-12-31
Earnings History > 0 > report Date
2026-03-31
Earnings History > 0 > date
2025-12-31
Earnings History > 0 > before After Market
AfterMarket
Earnings History > 0 > currency
-
Earnings History > 0 > eps Actual
-
Earnings History > 0 > eps Estimate
-0.03
Earnings History > 0 > eps Difference
0
Earnings History > 0 > surprise Percent
-
Earnings History > 1 > period
2025-09-30
Earnings History > 1 > report Date
2025-12-08
Earnings History > 1 > date
2025-09-30
Earnings History > 1 > before After Market
AfterMarket
Earnings History > 1 > currency
-
Earnings History > 1 > eps Actual
-0.03
Earnings History > 1 > eps Estimate
-0.01
Earnings History > 1 > eps Difference
-0.02
Earnings History > 1 > surprise Percent
-200
Elauwit Connection, Inc. provides broadband internet network for the multifamily and student housing property sectors in the United States. The company designs, installs, operates, and maintains fiber optics and WiFi networks throughout each contracted property, as well as offers bandwidth, 24/7 network monitoring, network maintenance, and resident support services. It provides its services to wholesale, REITs, property ownership groups, and property management companies. The company was founded in 2019 and is headquartered in Cheyenne, Wyoming.
Stock Price
$0.00
decrease compared to yesterday.
Dividend
Frequency:
Rate:
N/ANext Payout:
N/AElauwit Connection raises additional $0.6 million in IPO over-allotment Investing.com
Read more →Showing 2 of 10
(Last Updated 2025-09-30)
Rating:
BUY
$
Analyst Picks
Strong Buy
0
Buy
1
Hold
0
Sell
0
Strong Sell
0
(Last Updated 2025-09-30)
Health Score
Price to Book Ratio (P/B)
-
Very Low
Low ≤ 1
High ≥ 3
Return on Equity (ROE)
-
Very Low
Low ≤ 5%
High ≥ 25%
Return on Assets (ROA)
-
Very Low
Low ≤ 2%
High ≥ 10%
Free Cash Flow - Revenue % (FCF)
-
Very Low
Low ≤ 5%
High ≥ 15%
* Institutions hold a combined 0.00% of the total shares of Elauwit Connection, Inc. Common Stock
* Investors data is estimated based on stocks listed on Finnton that are currently held by Institution/Fund.
Date
2025-12-31
EPS Estimate
-0.03
Date
2025-09-30
EPS Actual
-0.03
EPS Estimate
-0.01
EPS Difference
-0.02
Surprise Percent
-200%
(Last Updated 2025-09-30)
(Last Updated 2025-09-30)
Revenue
$ 0
Cost Of Revenue
$ 0
Gross Profit
$ 0
Operating Expenses
$ 0
Operating Income
$ 0
Interest Expense
$ 0
Pretax Income
$ 0
Net Income
$ 0
Income Tax Expense
$ 0
EBITDA
$ 0
Total Other Income Expense Net
$ 0
Earnings Per Share
0
Dividends Per Share
0
Shares Outstanding
0
Operating Margin
0%
(Last Updated 2025-09-30)
Cash
$ 0
Short Term Investments
$ 0
Receivables
$ 0
Inventories
$ 0
Total Current Assets
$ 0
Property Plant Equipment
$ 0
Total Assets
$ 0
Payables
$ 0
Short Term Debt
$ 0
Long Term Debt
$ 0
Total Liabilities
$ 0
Equity
$ 0
(Last Updated 2025-09-30)
Net Income
$ 0
Depreciation
$ 0
Change In Working Capital
$ 0
Cash From Operations
$ 0
Capital Expenditures
$ 0
Cash From Investing
$ 0
Cash From Financing
$ 0
Net Change In Cash
$ 0
Disclaimer: Finnton is a stock screener tool provided for informational and educational purposes only. The data, analysis, and insights offered on this website do not constitute financial, investment, tax, or legal advice. Users are solely responsible for their own investment decisions, and Finnton makes no guarantees regarding the accuracy, completeness, or reliability of the information provided. Past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.