Callan JMB Inc., an integrative logistics company in the healthcare and emergency management sectors, released its financial results for the first quarter ending March 31, 2025. The company reported a cost of revenue of $0.8 million and achieved a gross profit of $0.6 million with a gross profit margin of 42.5%. SG&A expenses increased to $1.9 million, driven by consulting and professional fees related to the company's IPO and the addition of its CEO and other senior staff to payroll. Callan JMB reported an operating loss of $1.2 million and a net loss of $1.2 million for the quarter. The company recently completed its IPO on February 6, 2025, at $4.00 per share, raising gross proceeds of approximately $5.7 million. Callan JMB is actively expanding its emergency preparedness and response operations to untapped metropolitan areas and states. The appointment of Christopher Shields as Senior Vice President of Emergency Preparedness & Response/Government Affairs is expected to accelerate this expansion. The company is also pursuing growth opportunities in rapidly expanding markets, including GLP-1 pharmaceutical transportation, specialized compounding pharmacy logistics, and premium food packaging services.
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