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Callan JMB, Inc. ( (CJMB) ) has shared an update.
Callan JMB Inc. announced the termination of its Chief Financial Officer, Jeffrey A. Appleman, effective May 13, 2025, citing ‘for cause’ reasons unrelated to financial or operational disagreements. Shannon Badger was appointed as the interim CFO, bringing extensive experience from her roles at Badger CPA and Tesoro Corporation. The company also reported its first-quarter 2025 financial results, highlighting a revenue of $1.45 million and a net loss of $1.2 million, attributed to decreased demand for emergency preparedness services. Callan JMB completed an IPO in February 2025, raising approximately $5.7 million, and is expanding its operations in the healthcare logistics and emergency response sectors, including new contracts and partnerships.
More about Callan JMB, Inc.
Callan JMB Inc. is an integrative logistics company that provides fulfillment, storage, monitoring, and cold chain logistics services, primarily serving the healthcare industry and emergency management agencies. The company focuses on securing medical materials and ensuring the safety and effectiveness of medicines, leveraging expertise in supply chain logistics, thermodynamics, biologics, inventory management, regulatory compliance, and emergency preparedness.
Average Trading Volume: 59,899
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