ConnectM Technology Solutions, Inc. (CNTM)

CNTM Income Statement

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

Fiscal Year	TTM	2023	2022	2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	20.1	19.97	15.44	4.34
Revenue Growth (YoY)	30.15%	29.34%	255.95%	-
Cost of Revenue	14.44	14.93	11.4	3.45
Gross Profit	5.66	5.04	4.04	0.89
Selling, General & Admin	13.26	12.32	7.32	4.26
Operating Expenses	13.26	12.32	7.32	4.26
Operating Income	-7.6	-7.28	-3.28	-3.36
Interest Expense	-2.16	-1.43	-0.28	-0.05
Other Non Operating Income (Expenses)	-0.3	0.07	0.07	-0.11
EBT Excluding Unusual Items	-10.05	-8.65	-3.49	-3.52
Impairment of Goodwill	-0.16	-0.16	-0.49	-
Asset Writedown	-0.02	-0.02	-0.1	-
Other Unusual Items	-0.96	-0.37	-	-
Pretax Income	-11.6	-9.2	-4.08	-3.52
Income Tax Expense	-	-	-0.54	-0.06
Earnings From Continuing Operations	-11.6	-9.2	-3.54	-3.46
Minority Interest in Earnings	0.04	0.05	0	0.02
Net Income	-11.56	-9.15	-3.54	-3.44
Net Income to Common	-11.56	-9.15	-3.54	-3.44
Shares Outstanding (Basic)	2	2	2	-
Shares Outstanding (Diluted)	2	2	2	-
Shares Change (YoY)	0.26%	0.18%	-	-
EPS (Basic)	-7.28	-5.76	-2.23	-
EPS (Diluted)	-7.28	-5.76	-2.23	-
Free Cash Flow	-5.13	-4.62	-1.65	-3.5
Free Cash Flow Per Share	-3.23	-2.91	-1.04	-
Gross Margin	28.14%	25.22%	26.14%	20.57%
Operating Margin	-37.82%	-36.47%	-21.23%	-77.56%
Profit Margin	-57.54%	-45.81%	-22.92%	-79.33%
Free Cash Flow Margin	-25.52%	-23.12%	-10.70%	-80.75%
EBITDA	-6.77	-6.39	-2.71	-3.1
EBITDA Margin	-33.69%	-31.98%	-17.52%	-71.36%
D&A For EBITDA	0.83	0.9	0.57	0.27
EBIT	-7.6	-7.28	-3.28	-3.36
EBIT Margin	-37.82%	-36.47%	-21.23%	-77.56%
Advertising Expenses	-	0.69	0.36	0.16

Source: S&P Capital IQ. Standard template. Financial Sources.