ConnectM Technology Solutions, Inc. (CNTM)

CNTM Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.39	2.9	2.41	1.16	1.92	1.33
Cash & Short-Term Investments	2.39	2.9	2.41	1.16	1.92	1.33
Cash Growth	-9.95%	20.62%	107.51%	-39.67%	44.11%	-
Accounts Receivable	2.97	3.37	2.1	1.03	1.16	0.34
Other Receivables	0.35	-	-	2.49	-	-
Receivables	3.32	3.37	2.1	3.96	1.16	0.34
Inventory	0.11	0.63	0.55	0.28	0.66	0.24
Prepaid Expenses	0.65	1.26	1.53	0.7	0.44	0.17
Other Current Assets	-	-	1.74	1.3	0.47	-
Total Current Assets	6.47	8.17	8.33	7.4	4.66	2.09
Property, Plant & Equipment	0.61	20.6	1.29	1.67	1.65	0.56
Goodwill	2.6	5.22	1.73	2.25	2.4	0.38
Other Intangible Assets	1.76	2.18	1.41	1.84	2.34	0.6
Total Assets	53.01	36.17	12.76	13.16	11.06	3.63

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	7.24	7.22	10.5	3.86	2.08	0.32
Accrued Expenses	6.92	2.35	3.21	1.66	0.64	0.33
Current Portion of Long-Term Debt	15.87	12.42	15.56	14.2	4.27	0.14
Current Portion of Leases	0.1	0.15	0.22	0.21	0.21	-
Current Unearned Revenue	0.76	0.77	0.6	1.12	0.64	0.07
Other Current Liabilities	5.34	5.96	4.49	0.06	-	-
Total Current Liabilities	36.23	32.91	34.58	21.11	7.84	0.88
Long-Term Debt	0.61	1.18	1.3	1.15	3.21	1.17
Long-Term Leases	0.01	0.17	0.23	0.38	0.38	-
Other Long-Term Liabilities	0.33	0.33	0.43	-	0	-
Total Liabilities	37.18	34.59	36.54	22.64	11.44	2.04

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0	0.02	0	0	0	0
Additional Paid-In Capital	69.86	60.15	20.15	13.29	1.31	0.97
Retained Earnings	-55.87	-61.67	-45.43	-22.86	-13.71	-10.17
Comprehensive Income & Other	-	-0.02	0.17	0.11	0.02	-0.01
Total Common Equity	13.99	-1.53	-25.1	-9.46	-12.39	-9.21
Minority Interest	1.83	3.1	1.32	-0.03	0.02	0.03
Shareholders' Equity	15.82	1.58	-23.79	-9.48	-0.38	1.59
Total Liabilities & Equity	53.01	36.17	12.76	13.16	11.06	3.63

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	16.59	13.93	17.31	15.94	8.08	1.31
Net Cash (Debt)	-14.19	-11.02	-14.91	-14.78	-6.16	0.02
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.33	-4.88	-25.01	-35.46	-124.26	-
Filing Date Shares Outstanding	5.73	5.32	2.23	1.59	1.59	-
Total Common Shares Outstanding	5.66	4.79	0.91	1.59	1.59	-
Working Capital	-29.76	-24.74	-26.25	-13.72	-3.18	1.22
Book Value Per Share	2.47	-0.32	-27.61	-5.95	-7.80	-
Tangible Book Value	9.63	-8.93	-28.24	-13.54	-17.13	-10.18
Tangible Book Value Per Share	1.70	-1.86	-31.06	-8.53	-10.79	-
Land	-	16.48	-	-	-	-
Buildings	-	0.57	0.57	0.57	0.57	0.2
Machinery	-	4.14	1.05	0.97	0.65	0.4

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 2, 2026

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