ConnectM Technology Solutions, Inc. (CNTM)

NASDAQ: CNTM · Real-Time Price · USD
0.6544
-0.0175 (-2.60%)
At close: May 6, 2025, 4:00 PM
0.6200
-0.0344 (-5.26%)
After-hours: May 6, 2025, 7:45 PM EDT
-2.60%
Market Cap 19.04M
Revenue (ttm) 21.79M
Net Income (ttm) -21.20M
Shares Out 29.09M
EPS (ttm) -1.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,803,134
Open 0.6719
Previous Close 0.6719
Day's Range 0.6360 - 0.6719
52-Week Range 0.4700 - 12.4700
Beta 0.30
Analysts n/a
Price Target n/a
Earnings Date May 23, 2025

About CNTM

ConnectM Technology Solutions, Inc., a clean technology company, provides a digital platform for the electrification and decarbonization needs of homeowners in the United States and India. It operates through Electrification, Decarbonization, OEM/EV, and Managed Services segments. The company offers residential and light commercial buildings, and all-electric original equipment manufacturers with a digital platform to accelerate the transition to solar and all-electric heating, cooling, and transportation. It also operates Aurai, an electrifica... [Read more]

Sector Technology
Founded 2007
Employees 154
Stock Exchange NASDAQ
Ticker Symbol CNTM
Full Company Profile

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 Statements

News

ConnectM Announces Acquisition of Air Temp, Strengthening Owned Service Network

Transaction adds proven HVAC solutions leader to ConnectM's expanding constellation of brands MARLBOROUGH, Mass. , May 6, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("Conn...

17 hours ago - PRNewsWire

ConnectM Provides Update on $1.60 per Share Buy-Out Offer

Buy-Out Group now owns approximately 16.1 million shares of ConnectM common stock, representing approximately 31.4% of the Company's outstanding shares MARLBOROUGH, Mass. , April 29, 2025 /PRNewswire/...

7 days ago - PRNewsWire

ConnectM Receives Nasdaq Notice on Late Filing of its Form 10-K

MARLBOROUGH, Mass. , April 23, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (" ConnectM " or the " Company "), a high-growth technology company on the leading edge of the en...

13 days ago - PRNewsWire

SRISID LLC Increases Position to 7.55M Shares of ConnectM, Representing 15.1% of the Company's Outstanding Common Stock

MARLBOROUGH, Mass. , April 22, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy...

14 days ago - PRNewsWire

ConnectM Retires Additional $9M Debt in April, Reducing Annual Interest Expense by 90%

MARLBOROUGH, Mass. , April 17, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy...

19 days ago - PRNewsWire

ConnectM Confirms $62M Increased Implied Equity Value with Buy-Out Group

MARLBOROUGH, Mass. , April 11, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy...

25 days ago - PRNewsWire

ConnectM Retains ThinkEquity as Financial Advisor to Support Evaluation of $46.5M Stockholder Buy-Out Offer

MARLBOROUGH, Mass. , April 9, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy ...

27 days ago - PRNewsWire

3.5% Stake Acquired by Another Institutional Investor in ConnectM, Increasing Total Institutional Ownership to 49.9%

MARLBOROUGH, Mass. , April 4, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy ...

4 weeks ago - PRNewsWire

ConnectM Board to Evaluate $46.5 Million Buy-Out Offer

MARLBOROUGH, Mass. , April 3, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy ...

4 weeks ago - PRNewsWire

ConnectM Receives $1.60 Per Share Buyout Offer from its Three Largest Institutional Investors

MARLBOROUGH, Mass. , April 2, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy ...

4 weeks ago - PRNewsWire

ConnectM Secures Landmark Home and Building Electrification Project in India, Marking Strategic International Expansion

First of several expected India projects adds near-term revenue and accelerates ConnectM's global electrification roadmap MARLBOROUGH, Mass. , March 26, 2025 /PRNewswire/ -- ConnectM Technology Soluti...

5 weeks ago - PRNewsWire

ConnectM Issues Stockholder Letter from CEO & Chairman

MARLBOROUGH, Mass. , March 25, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy...

6 weeks ago - PRNewsWire

13.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 46.4%

MARLBOROUGH, Mass. , March 24, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy...

6 weeks ago - PRNewsWire

7.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 33%

MARLBOROUGH, Mass. , March 19, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

6 weeks ago - PRNewsWire

ConnectM Requests Nasdaq Hearing for Continued Listing

MARLBOROUGH, Mass. , March 17, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

7 weeks ago - PRNewsWire

ConnectM to Present at the 37th Annual ROTH Conference

MARLBOROUGH, Mass. , March 17, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

7 weeks ago - PRNewsWire

ConnectM Announces Institutional Investor Filing of Schedule 13G, Representing 6.9% of Outstanding Shares

MARLBOROUGH, Mass. , March 14, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

7 weeks ago - PRNewsWire

ConnectM Announces $10 Million Share Repurchase Program

MARLBOROUGH, Mass. , March 13, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

7 weeks ago - PRNewsWire

ConnectM Technology Solutions, Inc. Announces Nasdaq Delisting Notification

MARLBOROUGH, Mass. , March 12, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (" ConnectM " or the " Company "), a high-growth technology company on the leading edge of the el...

7 weeks ago - PRNewsWire

ConnectM Announces Continued Strong Growth and Expanding Market Share

~ Four new OEM customers added and order volume on track to double in 2025 ~ MARLBOROUGH, Mass. , March 6, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "C...

2 months ago - PRNewsWire

ConnectM to Expand its Building Electrification Segment Internationally to Capitalize on Surging Global Demand

~ Company targeting Europe, the Middle East and Asia as key growth opportunities ~ MARLBOROUGH, Mass. , March 4, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or ...

2 months ago - PRNewsWire

Join ConnectM's Exclusive Live Investor Webinar and Q&A Session on March 4

MARLBOROUGH, Mass. , Feb. 28, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (NASDAQ: CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, is ple...

2 months ago - PRNewsWire

ConnectM Eliminates an Additional $1.9 Million of Debt

MARLBOROUGH, Mass. , Feb. 27, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electri...

2 months ago - PRNewsWire

ConnectM Retires Additional $1.9 Million Debt, Eliminating $31M in Total Liabilities to Date - On Track to be Debt-free by Q2 2025

~ Currently operating at a $45M revenue run rate ~ ~ On Track to Achieve Operating Cash Flow Breakeven in Q1 2025 ~ MARLBOROUGH, Mass. , Feb. 27, 2025 /PRNewswire/ -- ConnectM Technology Solutions, In...

2 months ago - PRNewsWire

ConnectM Announces Q1 2025 Preliminary Revenue Guidance of $11.3M, Representing a 100% Year-Over-Year Surge

~ Q1'25 guidance increases ConnectM's annual revenue run rate to $45.2M ~ ~ Exceptional growth fueled by surging demand for ConnectM's AI-driven electrification platforms and strategic customer expans...

2 months ago - PRNewsWire