ConnectM Technology Solutions, Inc. (CNTM)

NASDAQ: CNTM · Real-Time Price · USD
0.5602
-0.0228 (-3.91%)
At close: Mar 28, 2025, 4:00 PM
0.5731
+0.0129 (2.31%)
After-hours: Mar 28, 2025, 7:45 PM EDT
-3.91%
Market Cap 11.83M
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 214,371
Open 0.5800
Previous Close 0.5830
Day's Range 0.5600 - 0.6000
52-Week Range 0.4700 - 12.4700
Beta 0.15
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 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...

4 days 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...

5 days 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 days 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...

11 days 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...

13 days 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...

13 days 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...

16 days 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...

17 days 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...

18 days 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...

24 days 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 ...

26 days 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

5 weeks ago - PRNewsWire

ConnectM Announces Explosive Growth in EV Solutions, Driven by OEM Partnerships and Surging Demand

~200% year-over-year revenue growth in EV Solutions, fueled by adoption across major automotive OEMs~ ~9 new OEM partnerships secured in the past 12 months, including VST Tractors, Force Motors, and J...

5 weeks ago - PRNewsWire

ConnectM Announces Receipt of Notice from Nasdaq That ConnectM has Regained Compliance with Nasdaq Rule

MARLBOROUGH, Mass. , Feb. 14, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, had pr...

6 weeks ago - PRNewsWire

ConnectM Raises Q4 '24 Revenue Guidance to $9M, Up 102% Year-over-Year, Surpassing Prior Estimates by $2M

~Revised FY2024 revenue guidance is $26.3M instead of previous guidance of $24M~~Company expects to provide Q1 '25 guidance in the next two weeks~ MARLBOROUGH, Mass. , Feb. 13, 2025 /PRNewswire/ -- Co...

6 weeks ago - PRNewsWire

ConnectM Raises Q4 ‘24 Revenue Guidance to $9M, Up 102% Year-over-Year, Surpassing Prior Estimates by $2M

~Revised FY2024 revenue guidance is $26.3M instead of previous guidance of $24M ~Company expects to provide Q1 ‘25 guidance in the next two weeks~ MARLBOROUGH, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) --...

6 weeks ago - GlobeNewsWire

ConnectM Publishes 2024 Impact Scorecard

~Ends 2024 With Triple Digit Growth Across All Electrification Metrics~ MARLBOROUGH, Mass., Feb. 10, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Comp...

6 weeks ago - GlobeNewsWire

ConnectM Acquires MHz Invensys, Enhancing Wireless Communication Solutions

Company Expected to Generate an Additional $15M of Revenue from the AMI Vertical by the End of 2027 Acquisition Bolsters ConnectM's Wireless Solutions for Smart Metering and Allows Expansion into Key ...

2 months ago - GlobeNewsWire

ConnectM Launches Automotive Graphics Visual Unit

New Product Expected to Drive Continued Growth in the Company's OEM Segment MARLBOROUGH, Mass., Jan. 16, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the ...

2 months ago - GlobeNewsWire

ConnectM Announces Managed Services Agreement with Service Provider, County Comfort

MARLBOROUGH, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a leader in the electrification economy, today announced its who...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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,...

3 months ago - GlobeNewsWire