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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.47	2.9	2.41	1.16	1.92	1.33
Cash & Short-Term Investments	2.47	2.9	2.41	1.16	1.92	1.33
Cash Growth	52.76%	20.62%	107.51%	-39.67%	44.11%	-
Accounts Receivable	3.21	3.37	2.1	1.03	1.16	0.34
Other Receivables	-	-	-	2.49	-	-
Receivables	3.21	3.37	2.1	3.96	1.16	0.34
Inventory	0.59	0.63	0.55	0.28	0.66	0.24
Prepaid Expenses	2.17	1.26	1.53	0.7	0.44	0.17
Other Current Assets	-	-	1.74	1.3	0.47	-
Total Current Assets	8.45	8.17	8.33	7.4	4.66	2.09
Property, Plant & Equipment	19.61	20.6	1.29	1.67	1.65	0.56
Goodwill	2.29	5.22	1.73	2.25	2.4	0.38
Other Intangible Assets	2.07	2.18	1.41	1.84	2.34	0.6
Total Assets	39.82	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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	7.08	7.22	10.5	3.86	2.08	0.32
Accrued Expenses	2.5	2.35	3.21	1.66	0.64	0.33
Current Portion of Long-Term Debt	15.12	12.42	15.56	14.2	4.27	0.14
Current Portion of Leases	0.12	0.15	0.22	0.21	0.21	-
Current Unearned Revenue	1.64	0.77	0.6	1.12	0.64	0.07
Other Current Liabilities	5.51	5.96	4.49	0.06	-	-
Total Current Liabilities	35.87	32.91	34.58	21.11	7.84	0.88
Long-Term Debt	1.7	1.18	1.3	1.15	3.21	1.17
Long-Term Leases	0.06	0.17	0.23	0.38	0.38	-
Other Long-Term Liabilities	0.24	0.33	0.43	-	0	-
Total Liabilities	37.86	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	Mar 31, 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	67.78	60.15	20.15	13.29	1.31	0.97
Retained Earnings	-68.62	-61.67	-45.43	-22.86	-13.71	-10.17
Comprehensive Income & Other	-0.58	-0.02	0.17	0.11	0.02	-0.01
Total Common Equity	-1.42	-1.53	-25.1	-9.46	-12.39	-9.21
Minority Interest	3.38	3.1	1.32	-0.03	0.02	0.03
Shareholders' Equity	1.96	1.58	-23.79	-9.48	-0.38	1.59
Total Liabilities & Equity	39.82	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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	17	13.93	17.31	15.94	8.08	1.31
Net Cash (Debt)	-14.53	-11.02	-14.91	-14.78	-6.16	0.02
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.38	-4.88	-25.01	-35.46	-124.26	-
Filing Date Shares Outstanding	5.63	5.32	2.23	1.59	1.59	-
Total Common Shares Outstanding	5.31	4.79	0.91	1.59	1.59	-
Working Capital	-27.42	-24.74	-26.25	-13.72	-3.18	1.22
Book Value Per Share	-0.27	-0.32	-27.61	-5.95	-7.80	-
Tangible Book Value	-5.78	-8.93	-28.24	-13.54	-17.13	-10.18
Tangible Book Value Per Share	-1.09	-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: Mar 31, 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:

Jul 24, 2026

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