ConnectM Technology Solutions, Inc. (CNTM)
| Market Cap | 21.97M |
| Revenue (ttm) | 21.79M |
| Net Income (ttm) | -21.20M |
| Shares Out | 21.12M |
| EPS (ttm) | -1.00 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 685,552 |
| Open | 1.240 |
| Previous Close | 1.130 |
| Day's Range | 0.909 - 1.240 |
| 52-Week Range | 0.671 - 12.470 |
| Beta | 0.26 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Dec 16, 2024 |
About CNTM
ConnectM Technology Solutions, Inc., a technology company, focuses on advancing the electrification economy by integrating electrified energy assets with its AI-driven technology solutions platform. It provides residential and light commercial buildings, and all-electric original equipment manufacturers with a platform to accelerate the transition to solar and all-electric heating, cooling, and transportation. The company was incorporated in 2021 and is headquartered in Marlborough, Massachusetts. [Read more]
Financial Performance
In 2023, CNTM's revenue was $19.97 million, an increase of 29.34% compared to the previous year's $15.44 million. Losses were -$9.15 million, 158.5% more than in 2022.
Financial numbers in USD Financial StatementsNews
ConnectM Files 10-Q, Announces Third Quarter 2024 Financial Results
~ Results In-Line with Previously Announced Third Quarter Preliminary Results ~ ~ Third Quarter Revenue Increased 39% to $6.1 Million YoY and 11% from Second Quarter 2024 ~ ~ FY2024 Projected Revenue ...
ConnectM Announces Receipt of Notice from Nasdaq Regarding Delayed Filing of Company's Quarterly Report
MARLBOROUGH, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ ConnectM ” or the “ Company ”), a technology company focused on the electrification economy,...
ConnectM Releases Preliminary Third Quarter 2024 Results & Details Significant Operational Progress
~ Third Quarter Revenue Increased 36% to $6.1 million YoY~ ~ Revenues For The Nine Months Increased 11% to $17.3 million ~ ~ FY2024 On-Track to Deliver Revenue of North of $24.0 million, an Increase o...
ConnectM Secures Transformative Master Services Agreement with Devlin Energy, Most Trusted Solar and Battery Retrofit Installer in New England
~ Expected to Add $20+ Million in Revenue in Next Twelve Months ~ ~ Completed MSA and Pipeline of MSAs Unique to ConnectM's Growth Strategy, Offers Topline Growth and Profitability at an Accelerated P...
ConnectM Successfully Eliminates $7.5 Million in Debt, Reaching Halfway Mark in Debt-To-Equity Conversion
~ Conversion Reduces Annual Interest Expense by $1.8 Million Transferring to Free Cash Flow of Equal Value ~ MARLBOROUGH, Mass., Sept. 17, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc....
ConnectM Prepares to Deleverage Balance Sheet with Board's Approval of Debt-to-Equity Conversion
Opens Trading Window for Management MARLBOROUGH, Mass., Aug. 28, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused...
ConnectM Publishes New Investor Materials
~ Investor Presentation Now Accessible Via Investor Relations Website and on File with SEC ~ ~ Highlights Asset Light and Capital Efficient Energy Intelligence Network ~ MARLBOROUGH, Mass., Aug. 22, 2...
ConnectM Ranks No. 104 on the Inc. 5000
For the Third Consecutive Year, ConnectM Earns a Spot on the Inc. 5000 Achieving Three-Year Revenue Growth of 1,200% For the Third Consecutive Year, ConnectM Earns a Spot on the Inc. 5000 Achieving Th...
ConnectM Publishes Impact Scorecard for the Six Months Ended June 30, 2024
~ Cumulative Electrification of 87 GWh Compared to 29 GWh in 1H23 ~ ~ Significant Growth of Electrified Assets Validates Technology of Energy Intelligence Network ~ MARLBOROUGH, Mass., Aug. 12, 2024 (...
ConnectM Announces Agreement to Acquire a Controlling Interest in DeliveryCircle
~ Advances M&A Strategy with First Acquisition Following Public Debut in July 2024 ~ ~ Enters $165B U.S. Couriers and Local Delivery Services Market ~ ~ DeliveryCircle Provides Immediate Accretive Fin...
ConnectM Introduces Innovative AI-Driven Heat Pump
New system aims to enhance home heating and cooling with advanced technology and efficiency New system aims to enhance home heating and cooling with advanced technology and efficiency
ConnectM Completes Business Combination with Monterey Capital Acquisition Corporation
~ ConnectM Common Stock to Trade on Nasdaq on July 15, 2024 Under Ticker "CNTM" ~ MARLBOROUGH, MA / ACCESSWIRE / July 12, 2024 / ConnectM Technology Solutions, Inc. ("ConnectM"), a technology company ...