ConnectM Technology Solutions, Inc. (CNTM)
| Market Cap | 19.05M |
| 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 | 1,049,206 |
| Open | 0.6601 |
| Previous Close | 0.6526 |
| Day's Range | 0.6210 - 0.6814 |
| 52-Week Range | 0.4700 - 12.4700 |
| Beta | 0.36 |
| 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]
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 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...
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...
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 ...
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 ...
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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) --...