Feb. 23 at 3:25 AM
$CTM today Castellum is primarily a defense services contractor generating ~
$50–60M in annual revenue. After eliminating its debt and recently returning to profitability, the stock trades at roughly ~1.7x sales.
Now compare that to
$OSS.
One Stop Systems operates in a similar federal/Navy ecosystem with comparable revenue scale, yet trades closer to ~4x sales — despite carrying debt and lacking consistent profitability. The difference? The market assigns premium multiples to product/platform/IP-driven narratives, particularly around rugged HPC and AI-at-the-edge hardware.
That creates a clear valuation disparity….