Callan Jmb (CJMB)
Market Price (10/29/2026): $0.4689 | Market Cap: $3.3 MilSector: Industrials | Industry: Air Freight & Logistics
Callan Jmb (CJMB)
Market Price (10/29/2026): $0.4689Market Cap: $3.3 MilSector: IndustrialsIndustry: Air Freight & Logistics
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35% | Weak multi-year price returns2Y Excs Rtn is -122%, 3Y Excs Rtn is -172% | Penny stockMkt Price is 0.5 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -6.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -135% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg QQuarterly Revenue Change % is -17% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 30% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -88%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -93% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -366% High stock price volatilityVol 12M is 316% Key risksCJMB key risks include [1] significant financial losses and elevated bankruptcy risk, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35% |
| Weak multi-year price returns2Y Excs Rtn is -122%, 3Y Excs Rtn is -172% |
| Penny stockMkt Price is 0.5 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -6.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -135% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg QQuarterly Revenue Change % is -17% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 30% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -88%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -93% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -366% |
| High stock price volatilityVol 12M is 316% |
| Key risksCJMB key risks include [1] significant financial losses and elevated bankruptcy risk, Show more. |
Qualitative Assessment
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Callan Jmb (CJMB) stock has lost about 40% since 6/30/2026 because of the following key factors:
1. Callan JMB Inc. reported significantly deteriorating financial performance, with substantial revenue declines and widening net losses in fiscal Q2 2026. For the three months ended June 30, 2026, the company's revenue decreased 17% year-over-year to $1.38 million, primarily due to reduced demand for emergency preparedness services from government entities. Concurrently, the net loss for fiscal Q2 2026 widened to $1.23 million, and the net loss for the first six months of 2026 reached $4.45 million, representing a 68% larger loss compared to the same period in the prior year. The company's operating expenses were approximately double its quarterly revenue, resulting in an operating loss of about $1.35 million and an EBIT margin of around -192%. This poor operational efficiency led to significant cash burn, with net cash used in operating activities totaling $2,075,943 for the first six months of 2026, leaving only $860,273 in cash and cash equivalents by June 30, 2026.
2. The company faces a Nasdaq delisting threat and has issued a going-concern warning, significantly eroding investor confidence. In late June 2026, Callan JMB Inc. received a Nasdaq notice indicating that its shares had traded below $1.00 for 30 consecutive business days, initiating a 180-day compliance period set to conclude on December 28, 2026. This breach of listing requirements creates substantial uncertainty about the stock's future on a major exchange. Furthermore, the company has reported a "going-concern" warning, indicating doubts about its ability to continue as an operating entity. An appeal regarding a Nasdaq delisting decision was made on October 16, 2026.
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Callan Jmb (CJMB) stock has lost about 40% since 6/30/2026 because of the following key factors:
1. Callan JMB Inc. reported significantly deteriorating financial performance, with substantial revenue declines and widening net losses in fiscal Q2 2026. For the three months ended June 30, 2026, the company's revenue decreased 17% year-over-year to $1.38 million, primarily due to reduced demand for emergency preparedness services from government entities. Concurrently, the net loss for fiscal Q2 2026 widened to $1.23 million, and the net loss for the first six months of 2026 reached $4.45 million, representing a 68% larger loss compared to the same period in the prior year. The company's operating expenses were approximately double its quarterly revenue, resulting in an operating loss of about $1.35 million and an EBIT margin of around -192%. This poor operational efficiency led to significant cash burn, with net cash used in operating activities totaling $2,075,943 for the first six months of 2026, leaving only $860,273 in cash and cash equivalents by June 30, 2026.
2. The company faces a Nasdaq delisting threat and has issued a going-concern warning, significantly eroding investor confidence. In late June 2026, Callan JMB Inc. received a Nasdaq notice indicating that its shares had traded below $1.00 for 30 consecutive business days, initiating a 180-day compliance period set to conclude on December 28, 2026. This breach of listing requirements creates substantial uncertainty about the stock's future on a major exchange. Furthermore, the company has reported a "going-concern" warning, indicating doubts about its ability to continue as an operating entity. An appeal regarding a Nasdaq delisting decision was made on October 16, 2026.
3. Callan JMB Inc. operates with a highly leveraged balance sheet and faces ongoing dilution concerns. The company's total debt is more than triple its equity, leading to a leverage ratio of 6.5. As of October 2026, Callan JMB Inc. reported approximately $1.79 million in long-term debt and total liabilities near $3.77 million, significantly outweighing its $0.68 million in equity. The company's liquidity is modest, with a current ratio of 1.3 and a quick ratio of 0.8. Coupled with continuous negative free cash flow, this high leverage creates pressure to raise capital. Concerns about potential dilution are exacerbated by the company's existing at-the-market (ATM) offering program, and an equity line of credit agreement from August 2025 allowing the sale of up to $25 million in shares.
4. Negative analyst sentiment and strong technical sell signals have contributed to the stock's downward trajectory. As of October 19, 2026, an AI model assigned CJMB an AI Score of 1/10, translating to a "Strong Sell" rating, and projected only a 34% probability of the stock outperforming the S&P 500 over the subsequent three months. A Wall Street analyst also issued a "Sell" rating, resulting in a consensus "Sell" rating for CJMB. Technical analysis indicators further reinforced this bearish outlook, with the Momentum Indicator moving below zero on October 16, 2026, signaling a potential downward shift, and the 10-day moving average crossing bearishly below the 50-day moving average on October 19, 2026, indicating a confirmed downtrend.
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Stock Movement Drivers
Fundamental Drivers
The -40.5% change in CJMB stock from 6/30/2026 to 10/28/2026 was primarily driven by a -34.9% change in the company's P/S Multiple.| (LTM values as of) | 6302026 | 10282026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.80 | 0.48 | -40.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5 | 5 | -5.4% |
| P/S Multiple | 0.8 | 0.5 | -34.9% |
| Shares Outstanding (Mil) | 5 | 6 | -3.4% |
| Cumulative Contribution | -40.5% |
Market Drivers
6/30/2026 to 10/28/2026| Return | Correlation | |
|---|---|---|
| CJMB | -40.5% | |
| Market (SPY) | 3.4% | -17.1% |
| Sector (XLI) | -9.0% | 7.6% |
Fundamental Drivers
The -61.7% change in CJMB stock from 3/31/2026 to 10/28/2026 was primarily driven by a -48.2% change in the company's P/S Multiple.| (LTM values as of) | 3312026 | 10282026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.25 | 0.48 | -61.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6 | 5 | -11.1% |
| P/S Multiple | 1.0 | 0.5 | -48.2% |
| Shares Outstanding (Mil) | 5 | 6 | -17.0% |
| Cumulative Contribution | -61.7% |
Market Drivers
3/31/2026 to 10/28/2026| Return | Correlation | |
|---|---|---|
| CJMB | -61.7% | |
| Market (SPY) | 19.1% | -9.3% |
| Sector (XLI) | 4.4% | 4.7% |
Fundamental Drivers
The -90.2% change in CJMB stock from 9/30/2025 to 10/28/2026 was primarily driven by a -85.6% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 10282026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.88 | 0.48 | -90.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6 | 5 | -13.8% |
| P/S Multiple | 3.7 | 0.5 | -85.6% |
| Shares Outstanding (Mil) | 4 | 6 | -21.1% |
| Cumulative Contribution | -90.2% |
Market Drivers
9/30/2025 to 10/28/2026| Return | Correlation | |
|---|---|---|
| CJMB | -90.2% | |
| Market (SPY) | 16.9% | 2.3% |
| Sector (XLI) | 10.2% | 6.8% |
Fundamental Drivers
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Market Drivers
9/30/2023 to 10/28/2026| Return | Correlation | |
|---|---|---|
| CJMB | ||
| Market (SPY) | 86.9% | 2.5% |
| Sector (XLI) | 72.8% | 5.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CJMB Return | - | - | - | - | -73% | -55% | -88% |
| Peers Return | 25% | -44% | 14% | 0% | -2% | 49% | 17% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| CJMB Win Rate | - | - | - | - | 55% | 50% | |
| Peers Win Rate | 57% | 47% | 50% | 47% | 52% | 64% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| CJMB Max Drawdown | - | - | - | - | - | -88% | |
| Peers Max Drawdown | -30% | -55% | -40% | -33% | -37% | -24% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CYRX, BLFS, UPS, FDX, WST.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/28/2026 (YTD)
About Callan Jmb (CJMB)
Callan JMB (CJMB) is a vertically integrated logistics and fulfillment company providing advanced thermal management solutions specifically for the life sciences industry. The company aims to revolutionize the supply chain by offering comprehensive, reliable, and economic alternatives to traditional frozen shipping methods like dry ice and liquid nitrogen. Its core mission is to guarantee the safety, effectiveness, and potency of highly sensitive biological products, ensuring product integrity and immediate response capabilities for time-sensitive industries.
CJMB's solutions integrate proprietary reusable packaging, known as the Greenbox shipper, with a sophisticated cloud-based logistics operating platform called "Sentry." The Sentry system offers end-to-end shipment management, featuring GPS tracking, precise temperature diagnostics, real-time monitoring, and detailed chain-of-custody and chain-of-condition documentation. Furthermore, the company employs its Ship2Q® ultraviolet disinfection process to ensure the thermal reliability and cleanliness of its reusable shippers, meeting cGMP and cGDP compliance standards while amortizing costs across numerous shipments.
The company primarily serves customers in the life sciences, healthcare, and emergency response sectors, enabling the secure transport of a broad array of critical commodities. This includes personalized medicine, cell therapies, vaccines, organs, bio-pharmaceuticals, and other substances requiring continuous cryogenic or frozen temperatures. By combining advanced predictive technology with extensive quality assurance and control, Callan JMB offers a comprehensive solution that maintains product integrity, supports scientific research, and meets stringent regulatory compliance throughout the entire logistics journey.
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Here are 1-3 brief analogies for Callan JMB (CJMB):
The 'Tesla of cold chain logistics,' offering cutting-edge, environmentally-friendly solutions for shipping sensitive biologicals.
Imagine FedEx or UPS, but exclusively for critical, temperature-sensitive medical and biological materials, with advanced tracking and data analysis for every shipment.
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- Thermal Management Logistics Solutions: Comprehensive, vertically integrated services providing end-to-end cold chain logistics for temperature-sensitive products within the life sciences industry.
- Sentry System: A sophisticated cloud-based logistics operating platform that integrates GPS and precise temperature diagnostics to manage, track, and archive crucial information for every shipment.
- Ship2Q® Process: An ultraviolet disinfection and qualification service ensuring the fitness, thermal reliability, and cleanliness of reusable shipper systems to cGMP and cGDP compliance standards.
- Greenbox Shipper: Proprietary reusable thermal packaging designed for cryogenic or frozen shipping, offering a cost-neutral and environmentally responsible alternative to traditional methods.
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Callan JMB (CJMB) primarily sells its advanced thermal management logistics solutions to other companies and organizations, rather than to individuals. The provided company description does not list specific customer company names, but it clearly identifies the industries and types of entities that utilize its services. Its major customers can be categorized as follows:
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Life Sciences Industry: This broad category encompasses a range of entities that develop, produce, research, or transport highly sensitive biological materials. This includes biopharmaceutical companies, biotechnology firms, research institutions, and organizations specializing in areas such as personalized medicine, cell therapies, stem cells, cell lines, vaccines, diagnostic materials, bio-pharmaceuticals, and other commodities requiring cryogenic or frozen temperatures (e.g., semen, eggs, embryos, cord blood, organs, infectious substances).
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Healthcare Industry: Customers in this sector include hospitals, clinics, laboratories, organ transplant networks, and other healthcare providers that require reliable and compliant cold chain logistics for critical medical materials like vaccines, organs, and diagnostic samples, ensuring their efficacy and safety for patients.
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Emergency Response Sector: This refers to organizations involved in urgent medical transport, disaster relief, or other time-sensitive situations where maintaining the integrity of temperature-sensitive goods is paramount. Callan JMB's solutions empower these industries to ensure goods remain within specified parameters throughout transit.
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Wayne Williams, Chief Executive Officer, Chairman & Founder
Mr. Williams is the founder of Callan JMB Inc. He also serves as the Executive Director of Warehouse Asset Management (WAM). Previously, he was the Director of Logistics for Logistics Health Inc. (LHI), where he was responsible for the management and oversight of LHI's Supply Support Technology Group and was the primary inventor for LHI's Environmental Witness System. Mr. Williams is recognized as a leading expert in Cold Chain Management and previously served as the Associate Director of Logistics for the Strategic National Stockpile (SNS) from its inception.
Christopher Shields, Interim Chief Financial Officer and Senior Vice President of Emergency Preparedness & Response/Government Affairs
Mr. Shields was appointed Interim CFO on December 1, 2025. He joined Callan JMB in April 2025 as Senior Vice President of Emergency Preparedness & Response/Government Affairs. Prior to this, he served for over 14 years as Assistant Commissioner at the Chicago Department of Public Health, where he oversaw operations and logistics for the city's Emergency Preparedness and Bioterrorism program, including managing the Tier 1 Medical Pharmacy and advanced vaccine inventory systems.
Eric L. Kash, Executive Vice President & Director
Mr. Kash has extensive experience in the United States securities markets, spanning Retail and Institutional Equity Sales to Investment Banking. He has held positions as a public company CEO and CFO, possessing both an MBA and CPA. He has also focused on assisting private companies in their efforts to go public. Before joining Callan JMB, since 2015, Mr. Kash operated Alpha Kash, LLC, a business consultancy service where he provided assistance in business development, corporate strategy, and capital formation to companies in various industries, including technology, consumer goods, medical devices, and e-prescription. Between January 2008 and March 2013, he served as the CEO/CFO of a prior company.
Scott Bullard, Chief Operating Officer
Mr. Bullard works directly with both Warehouse Asset Management (WAM) and Callan JMB. His experience includes collaborating with Merck in 1994 on his first major vaccine project.
William McBride, Chief Information Officer
Mr. McBride previously implemented a GMP quality assurance system at one of the nation's largest biological specimen repositories, where he managed over 12 million samples, more than 600 pieces of refrigeration equipment, over 800 recording instruments, and 6 separate facilities. He also served as the Manager of Compliance and Program Evaluation at Logistics Health, Inc.
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The key risks to Callan JMB's business include significant financial distress, the critical need for regulatory compliance and associated liability in the life sciences cold chain, and intense competitive pressures coupled with the risk of technological obsolescence or operational failure of its proprietary systems.
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Financial Distress and Poor Profitability: Callan JMB exhibits significant financial challenges, including an Altman Z-Score indicating distress, negative operating and net margins, and poor earnings quality. The company has reported no revenue growth over the past three years, substantial operational inefficiencies, and significant losses, with a struggling pretax profit margin and negative operating cash flow.
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Regulatory Compliance and High-Stakes Liability: Operating in the life sciences cold chain, Callan JMB faces stringent regulations such as Good Manufacturing Practices (cGMP) and Good Distribution Practices (cGDP). Failure to adhere to these standards when handling sensitive materials like personalized medicine, cell therapies, vaccines, and organs can lead to severe penalties, product recalls, significant financial losses, damage to reputation, and even endanger patient safety. The industry is highly susceptible to temperature excursions and other disruptions, with the pharmaceutical sector alone losing billions annually due to cold chain failures.
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Competitive Pressure and Risk of Technological Obsolescence/Operational Failure: Callan JMB operates in a competitive and evolving market, positioning its solutions as disruptive alternatives to older technologies. This environment implies a continuous threat of new, more advanced, or cost-effective solutions emerging from competitors, potentially rendering Callan JMB's offerings less competitive. Furthermore, the company's business model relies heavily on its proprietary technologies, including the Sentry cloud-based logistics platform, the Ship2Q® disinfection process, and reusable Greenbox shippers. Any operational failures, cybersecurity breaches, or inability to consistently maintain the efficacy and integrity of these complex systems could severely impact service delivery, undermine client trust, and jeopardize its economic model.
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Callan JMB (CJMB) operates within several significant addressable markets related to life sciences logistics and software.
The primary services of Callan JMB, which encompass thermal management logistics solutions for the life sciences industry, including cryogenic and frozen shipping for products like personalized medicine, cell therapies, vaccines, organs, and biopharmaceuticals, fall within the:
- Global Biopharmaceutical Cold Chain Logistics Market: This market was valued at approximately USD 18.23 billion in 2024 and is projected to grow to USD 51.58 billion by 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 10.98% from 2025 to 2034. North America held the largest revenue share in this market in 2024.
- A specialized segment, the Global Cryo-Shipping Logistics for Cell Therapies Market, reached USD 1.34 billion in 2024 and is expected to grow at a robust CAGR of 17.2% to approximately USD 5.08 billion by 2033. North America currently dominates this specific market. The deep-frozen/ultra-low temperature segment (below -20°C) of the broader cold chain logistics market, which is highly relevant to Callan JMB's offerings, is projected to grow at an 8.22% CAGR through 2031. Callan JMB is also making a strategic shift towards cold-chain infrastructure to support the $100 billion GLP-1 pharmaceutical market.
Callan JMB's sophisticated cloud-based logistics operating platform, branded as the "Sentry" system, addresses a part of the:
- Global Life Science Software Market: This market was valued at USD 16.11 billion in 2024 and is projected to expand to USD 36.25 billion by 2032, growing at a CAGR of approximately 10.8% during 2025–2032. North America holds the largest share of this market.
While Callan JMB also offers a Ship2Q® ultraviolet disinfection process, a specific addressable market size for this unique service component was not readily available as it typically integrates with their broader logistics solutions.
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Callan JMB (CJMB) anticipates several key drivers for its future revenue growth over the next two to three years, primarily by expanding its specialized logistics services and leveraging strategic partnerships.
Here are the expected drivers of future revenue growth:
- Expansion into New Vertical Markets: Callan JMB is actively pursuing growth opportunities by expanding its thermal management logistics solutions into specific new markets. These include glucagon-like peptide receptor-1 (GLP-1) pharmaceutical transportation, compounding pharmacy logistics, and premium food packaging services.
- Strategic Partnership with Attune Biotech for Therapeutic Deployment: A significant driver is the strategic teaming agreement with Attune Biotech. Under this agreement, Callan JMB provides manufacturing oversight, federal deployment, and commercialization support for Attune's multi-asset therapeutic pipeline, including an investigational drug for Long COVID (lodonal™). This partnership is projected to contribute approximately $25 million to $45 million in revenue for Callan JMB over the next five years.
- Leveraging Proprietary Technology and Reusable Packaging Solutions: The company plans to expand its business by utilizing its advanced cloud-based Sentry logistics operating platform, which offers GPS tracking and precise temperature diagnostics, and its proprietary Greenbox reusable thermal shippers. These solutions are designed to ensure the integrity, safety, and quality of temperature-sensitive goods, providing comprehensive and economical alternatives in logistics, thereby attracting new clients and deepening existing relationships across various industries.
- Continued Growth in Emergency Preparedness and Response: Callan JMB's established expertise in emergency preparedness and response remains a core area of focus. This legacy business, which involves protecting critical medical materials and vaccines, is expected to continue contributing to revenue growth, particularly given its relevance in current global events.
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Share Issuance
- Callan JMB Inc. completed its Initial Public Offering (IPO) in February 2025, pricing 1,280,000 shares of common stock at $4.00 per share, resulting in approximately $5.12 million in gross proceeds.
- Following the IPO, underwriters partially exercised their over-allotment option, leading to the issuance of an additional 163,569 shares at $4.00 each, generating an extra $654,276 in gross proceeds.
- The company has an active common stock purchase agreement with Hexstone Capital, LLC, which was amended in March 2026 to extend its maturity date to April 1, 2027, serving as an ongoing source of equity financing.
Inbound Investments
- Callan JMB Inc. raised approximately $4.73 million in net proceeds from its initial public offering in February 2025.
- The net proceeds from the IPO are primarily designated for sales support, marketing efforts, customer expansion, and general corporate purposes, including working capital.
- The equity purchase agreement with Hexstone Capital, LLC, which allows for the sale of common stock over time, represents a continuing capital source for the company.
Capital Expenditures
- In January 2026, Callan JMB initiated the phase-one retrofitting of its Texas facility to accommodate high-capacity pharmaceutical-grade refrigeration units, signaling a strategic investment in cold-chain infrastructure.
- The company is deploying a new line of proprietary, eco-friendly thermal shippers equipped with real-time IoT sensors, indicating capital investment in advanced packaging technology.
Peer Outperformance in Air Freight & Logistics
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Marine Transportation | 5 | 64.8% | 56.5% | 152.9% | MATX 192% · KEX 169% |
| Construction & Engineering | 29 | -5.2% | 126.2% | 139.5% | STRL 1525% · FIX 1441% · AGX 816% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 1.9% | 67.2% | 92.9% | CAT 279% · ALSN 242% · WAB 220% |
| Aerospace & Defense | 52 | -10.9% | 62.3% | 65.7% | ATI 887% · FTAI 758% · HWM 567% |
| Trading Companies & Distributors | 19 | 16.5% | 42.9% | 56.6% | DXPE 413% · URI 232% · AIT 216% |
| Industrial Machinery & Supplies & Components | 72 | 2.6% | 59.6% | 38.7% | CRS 836% · MLI 349% · SYM 292% |
| Electrical Components & Equipment | 37 | -4.7% | 90.8% | 37.1% | POWL 2001% · VRT 850% · BE 680% |
| Diversified Support Services | 34 | 13.2% | 42.9% | 33.3% | CXW 258% · OPLN 151% · CACI 140% |
| Rail Transportation | 7 | 34.4% | 57.7% | 28.1% | CSX 53% · UNP 38% · NSC 28% |
| Building Products | 32 | -7.1% | 20.4% | 20.4% | GFF 361% · TT 163% · JCI 137% |
| Cargo Ground Transportation | 16 | 29.4% | 9.2% | 5.1% | R 259% · XPO 243% · ARCB 39% |
| Industrial Conglomerates | 17 | 9.5% | 8.1% | -0.8% | CSW 116% · DD 82% · CSL 62% |
| Agricultural & Farm Machinery | 15 | -0.7% | -14.5% | -6.6% | DE 96% · TTC 19% · AGCO -4% |
| Security & Alarm Services | 9 | -54.1% | 32.4% | -13.1% | BCO 55% |
| Data Processing & Outsourced Services | 6 | -24.0% | 0.3% | -17.8% | EXLS 66% · BR 8% · G -16% |
| Office Services & Supplies | 9 | 17.3% | 16.5% | -21.6% | PBI 207% · TILE 145% · HNI 49% |
| Environmental & Facilities Services | 29 | -31.8% | 35.4% | -22.8% | GEO 241% · CLH 179% · RSG 91% |
| Research & Consulting Services | 13 | 0.5% | -17.8% | -28.7% | HURN 289% · BAH 14% · FCN 10% |
| Passenger Airlines | 11 | 0.3% | 38.8% | -32.7% | LTM 2998% · UAL 125% · DAL 113% |
| Passenger Ground Transportation | 3 | -30.2% | 58.3% | -37.7% | UBER 46% · CAR -38% · LYFT -65% |
| Air Freight & Logistics ← | 12 | -25.5% | -7.0% | -40.7% | FDX 78% · EXPD 71% · CHRW 46% |
| Human Resource & Employment Services | 22 | 13.8% | -6.8% | -43.7% | ADP 43% · FA 18% · PAYX 2% |
| Airport Services | 4 | -53.7% | -57.5% | -86.1% | JOBY -42% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Callan Jmb Earnings Notes | 12/16/2025 | |
| With Callan Jmb Stock Down 17% In A Month, How Confident Are You? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 105.28 |
| Mkt Cap | 15.8 |
| Rev LTM | 1,757 |
| Op Inc LTM | 363 |
| FCF LTM | 217 |
| FCF 3Y Avg | 191 |
| CFO LTM | 340 |
| CFO 3Y Avg | 354 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.9% |
| Rev Chg 3Y Avg | 1.8% |
| Rev Chg Q | 10.1% |
| QoQ Delta Rev Chg LTM | 2.5% |
| Op Inc Chg LTM | 8.8% |
| Op Inc Chg 3Y Avg | 1.6% |
| Op Mgn LTM | 4.9% |
| Op Mgn 3Y Avg | -1.0% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 9.6% |
| CFO/Rev 3Y Avg | 9.4% |
| FCF/Rev LTM | 1.6% |
| FCF/Rev 3Y Avg | 2.7% |
Price Behavior
| Market Price | $0.48 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 02/05/2025 | |
| Distance from 52W High | -88.6% | |
| 50 Days | 200 Days | |
| DMA Price | $2.01 | $1.56 |
| DMA Trend | up | up |
| Distance from DMA | -76.2% | -69.4% |
| 3M | 1YR | |
| Volatility | 184.5% | 315.8% |
| Downside Capture | -256.27 | 120.22 |
| Upside Capture | -779.67 | -151.95 |
| Correlation (S&P 500) | -8.8% | 2.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.46 | -0.03 | -2.85 | -1.05 | 0.77 | -0.36 |
| Up Beta | -1.71 | 0.43 | 0.82 | -1.58 | -3.43 | 0.59 |
| Down Beta | -7.05 | 5.23 | -5.34 | 0.58 | 2.65 | -2.33 |
| Up Capture | 103% | 135% | -49% | -11% | 20% | 17% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 10 | 20 | 32 | 57 | 108 | 184 |
| Down Capture | -109% | -573% | -1566% | -410% | 121% | 94% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 10 | 20 | 30 | 64 | 133 | 214 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CJMB | |
|---|---|---|---|---|
| CJMB | -88.3% | 315.8% | 0.20 | - |
| Sector ETF (XLI) | 9.1% | 17.2% | 0.33 | 7.0% |
| Equity (SPY) | 13.7% | 12.7% | 0.72 | 2.2% |
| Gold (GLD) | 1.8% | 28.3% | 0.05 | -3.9% |
| Commodities (DBC) | 48.4% | 20.6% | 1.80 | -0.6% |
| Real Estate (VNQ) | 2.8% | 13.9% | -0.05 | 1.0% |
| Bitcoin (BTCUSD) | -29.4% | 43.4% | -0.68 | -4.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CJMB | |
|---|---|---|---|---|
| CJMB | -34.8% | 251.9% | 0.24 | - |
| Sector ETF (XLI) | 11.7% | 17.6% | 0.50 | 5.8% |
| Equity (SPY) | 12.7% | 17.1% | 0.56 | 2.5% |
| Gold (GLD) | 17.5% | 18.9% | 0.74 | -3.2% |
| Commodities (DBC) | 9.1% | 19.5% | 0.35 | 0.3% |
| Real Estate (VNQ) | 0.6% | 18.9% | -0.08 | 2.7% |
| Bitcoin (BTCUSD) | 4.1% | 51.6% | 0.26 | -1.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CJMB | |
|---|---|---|---|---|
| CJMB | -19.3% | 251.9% | 0.24 | - |
| Sector ETF (XLI) | 13.3% | 20.1% | 0.58 | 5.8% |
| Equity (SPY) | 15.5% | 17.9% | 0.73 | 2.5% |
| Gold (GLD) | 12.0% | 16.4% | 0.60 | -3.2% |
| Commodities (DBC) | 8.2% | 18.1% | 0.37 | 0.3% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 2.7% |
| Bitcoin (BTCUSD) | 62.3% | 66.2% | 1.02 | -1.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 10/19/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/31/2026 | -0.8% | 0.8% | -11.2% |
| 11/14/2025 | 3.6% | -16.1% | -52.1% |
| 8/14/2025 | -3.1% | -4.2% | -3.0% |
| 5/15/2025 | -0.7% | -1.0% | -24.8% |
| SUMMARY STATS | |||
| # Positive | 1 | 1 | 0 |
| # Negative | 3 | 3 | 4 |
| Median Positive | 3.6% | 0.8% | |
| Median Negative | -0.8% | -4.2% | -18.0% |
| Max Positive | 3.6% | 0.8% | |
| Max Negative | -3.1% | -16.1% | -52.1% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/31/2026 | -0.8% | 0.8% | -11.2% |
| 11/14/2025 | 3.6% | -16.1% | -52.1% |
| 8/14/2025 | -3.1% | -4.2% | -3.0% |
| 5/15/2025 | -0.7% | -1.0% | -24.8% |
| SUMMARY STATS | |||
| # Positive | 1 | 1 | 0 |
| # Negative | 3 | 3 | 4 |
| Median Positive | 3.6% | 0.8% | |
| Median Negative | -0.8% | -4.2% | -18.0% |
| Max Positive | 3.6% | 0.8% | |
| Max Negative | -3.1% | -16.1% | -52.1% |
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Croyle, David J | Chief Medical Officer | Rollover IRA | Buy | 3262026 | 1.75 | 10,195 | 17,841 | 1,400,000 | Form |
| 2 | Croyle, David J | Chief Medical Officer | Rollover IRA | Buy | 3102026 | 1.76 | 14,805 | 26,086 | 1,391,636 | Form |
| 3 | Dial, Gerald | Direct | Buy | 1062026 | 1.20 | 2,000 | 2,409 | 2,409 | Form | |
| 4 | Williams, Wayne D | CEO, Chairman and President | Health Hero America, LLC | Buy | 12182025 | 1.73 | 5,000 | 8,650 | 145,934 | Form |
| 5 | Williams, Wayne D | CEO, Chairman and President | Health Hero America, LLC | Buy | 12152025 | 1.70 | 10,810 | 18,377 | 134,904 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Croyle, David J | Chief Medical Officer | Rollover IRA | Buy | 3262026 | 1.75 | 10,195 | 17,841 | 1,400,000 | Form |
| 2 | Croyle, David J | Chief Medical Officer | Rollover IRA | Buy | 3102026 | 1.76 | 14,805 | 26,086 | 1,391,636 | Form |
| 3 | Dial, Gerald | Direct | Buy | 1062026 | 1.20 | 2,000 | 2,409 | 2,409 | Form | |
| 4 | Williams, Wayne D | CEO, Chairman and President | Health Hero America, LLC | Buy | 12182025 | 1.73 | 5,000 | 8,650 | 145,934 | Form |
| 5 | Williams, Wayne D | CEO, Chairman and President | Health Hero America, LLC | Buy | 12152025 | 1.70 | 10,810 | 18,377 | 134,904 | Form |
| 6 | Williams, Wayne D | CEO, Chairman and President | Direct | Buy | 12152025 | 1.75 | 4,926 | 8,620 | 3,968,104 | Form |
| 7 | Williams, Wayne D | CEO, Chairman and President | Direct | Buy | 12152025 | 1.79 | 62 | 111 | 4,049,986 | Form |
| 8 | Williams, Wayne D | CEO, Chairman and President | Health Hero America, LLC | Buy | 12122025 | 1.65 | 30,856 | 50,912 | 113,099 | Form |
| 9 | Williams, Wayne D | CEO, Chairman and President | Health Hero America, LLC | Buy | 12122025 | 1.65 | 13,689 | 22,587 | 63,837 | Form |
| 10 | Duke, Liberty Smith | Direct | Buy | 12102025 | 1.52 | 612 | 930 | 2,298 | Form | |
| 11 | Duke, Liberty Smith | Direct | Buy | 12102025 | 1.56 | 900 | 1,404 | 1,404 | Form | |
| 12 | Croyle, David J | Chief Medical Officer | Rollover IRA | Buy | 4032025 | 4.50 | 25,000 | 112,500 | 3,487,500 | Form |
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Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Air Freight & Logistics Resources |
| Air Cargo World |
| Logistics Management |
| Journal of Commerce (JOC) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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