CNTM
ConnectM Technology Solutions, Inc.
Price Chart
Latest Quote
$4.20
| Previous Close | $4.45 |
| Open | $4.20 |
| Day High | $4.20 |
| Day Low | $4.20 |
| Volume | 32 |
Stock Information
| Shares Outstanding | 5.73M |
| Total Debt | $16.59M |
| Cash Equivalents | $2.39M |
| Revenue | $37.14M |
| Net Income | $-9.99M |
| Sector | Technology |
| Industry | Software - Application |
| Market Cap | $24.08M |
| EPS (TTM) | $-2.07 |
| Exchange | OQX |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $41.23M |
| Sales | $37.14M |
| Income | $-9.99M |
| Book/sh | $2.47 |
| Cash/sh | $0.42 |
| Employees | 176 |
Financial Ratios
| Quick Ratio | 0.16 |
| Current Ratio | 0.18 |
| Debt/Eq | 104.83 |
Returns & Margins
| ROA | -17.93% |
| ROE | -457.27% |
| Gross Margin | 27.81% |
| Operating Margin | -26.48% |
| Profit Margin | 3.70% |
Ownership
| Insider Ownership | 44.85% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -32.31 |
| P/S | 0.65 |
| P/B | 1.70 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $4.40 |
| SMA50 | $4.80 |
| SMA200 | $6.74 |
| RSI | 49.02 |
| ATR | 0.3012 |
| Shares Float | 2.92M |
| Short Float | 3.55% |
| Short Ratio | 0.11 |
| Volatility | 14.95 |
| Rel Volume | 0.01 |
Performance History
| Week | -8.70% |
| Month | -15.83% |
| Quarter | -23.50% |
| 6 Months | -32.41% |
| YTD | -69.48% |
| Year | -42.93% |
| 3 Years | -98.78% |
| 10 Years | -98.66% |
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-10-30 | $4.20 | 32 |
| 2026-10-29 | $4.40 | 2,200 |
| 2026-10-28 | $4.48 | 4,300 |
| 2026-10-27 | $4.63 | 3,200 |
| 2026-10-26 | $4.48 | 8,400 |
| 2026-10-23 | $4.60 | 100 |
| 2026-10-22 | $4.71 | 2,500 |
| 2026-10-21 | $4.70 | 100 |
| 2026-10-20 | $4.51 | 8,500 |
| 2026-10-19 | $4.90 | 5,700 |
| 2026-10-16 | $4.50 | 1,600 |
| 2026-10-15 | $4.55 | 5,700 |
| 2026-10-14 | $4.30 | 3,300 |
| 2026-10-13 | $4.10 | 7,300 |
| 2026-10-12 | $4.25 | 3,700 |
| 2026-10-09 | $4.20 | 3,900 |
| 2026-10-08 | $4.15 | 1,500 |
| 2026-10-07 | $4.20 | 2,700 |
| 2026-10-06 | $4.04 | 7,400 |
| 2026-10-05 | $4.03 | 12,000 |
| 2026-10-02 | $4.55 | 3,500 |
| 2026-10-01 | $4.99 | 3,700 |
| 2026-09-30 | $5.38 | 2,400 |
About ConnectM Technology Solutions, Inc.
ConnectM Technology Solutions, Inc. develops, sells, and operates artificial intelligence-enabled hardware and software for the modern energy economy in the United States and India. The company operates through Owned Service Network, Managed Solutions, Distributed Energy and Renewables, Keen Labs, Logistics, Transportation, and Other segments. It provides electrification and decarbonization solutions for enterprises, infrastructure providers, homeowners, and light commercial building owners, including system design, installation, monitoring, maintenance, and repair through a technology platform offering maintenance, repair, installation guidance, and optimization. The company also provides third-party residential and light commercial services; develops AI, control, and energy intelligence platforms, industrial IoT hardware, hybrid and lithium iron phosphate energy storage systems, virtual power plant-enabled storage systems, smart heat pumps, and connected vehicle technologies; facilitates business-to-business transportation of heavy goods through last-mile delivery software; sells hardware, software, and technical services for electric vehicle OEMs; and delivers solar energy and distributed energy solutions. In addition, it provides electrification and decarbonization applications for residential and light commercial buildings, enables OEMs to offer smart features to end customers, and supplies AI-enabled hardware components, including heat-pump controllers, batteries, digital control units, and vehicle modules. The company serves service providers and end customers. ConnectM Technology Solutions, Inc. was founded in 2007 and is headquartered in Marlborough, Massachusetts.
đ° Latest News
Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $16,706,177 | $14,934,962 | $11,404,224 | $3,445,559 |
| Cost Of Revenue | $16,706,177 | $14,934,962 | $11,404,224 | $3,445,559 |
| Total Revenue | $22,652,885 | $19,972,239 | $15,441,315 | $4,338,045 |
| Operating Revenue | $22,652,885 | $19,972,239 | $15,441,315 | $4,338,045 |
| Expenses | ||||
| Interest Expense | $2,714,048 | $1,431,354 | $281,808 | $48,053 |
| Total Expenses | $31,851,606 | $27,255,257 | $18,719,605 | $7,702,691 |
| Other Income Expense | $-10,595,439 | $-484,482 | $-523,891 | $-105,608 |
| Other Non Operating Income Expenses | $-1,624,587 | $67,691 | $65,408 | $-105,608 |
| Net Non Operating Interest Income Expense | $-2,714,048 | $-1,431,354 | $-281,808 | $-48,053 |
| Interest Expense Non Operating | $2,714,048 | $1,431,354 | $281,808 | $48,053 |
| Operating Expense | $15,145,429 | $12,320,295 | $7,315,381 | $4,257,132 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-22,565,748 | $-9,149,666 | $-3,539,881 | $-3,441,347 |
| Net Interest Income | $-2,714,048 | $-1,431,354 | $-281,808 | $-48,053 |
| Normalized Income | $-13,594,896 | $-8,597,493 | $-3,028,704 | $-3,441,347 |
| Net Income From Continuing And Discontinued Operation | $-22,565,748 | $-9,149,666 | $-3,539,881 | $-3,441,347 |
| Total Operating Income As Reported | $-11,602,349 | $-7,464,871 | $-3,867,589 | $-3,364,646 |
| Net Income Common Stockholders | $-22,565,748 | $-9,149,666 | $-3,539,881 | $-3,441,347 |
| Net Income | $-22,565,748 | $-9,149,666 | $-3,539,881 | $-3,441,347 |
| Net Income Including Noncontrolling Interests | $-22,508,208 | $-9,198,854 | $-3,542,583 | $-3,460,002 |
| Net Income Continuous Operations | $-22,508,208 | $-9,198,854 | $-3,542,583 | $-3,460,002 |
| Pretax Income | $-22,508,208 | $-9,198,854 | $-4,083,989 | $-3,518,307 |
| Special Income Charges | $-529,034 | $-552,173 | $-589,299 | $0 |
| Operating Income | $-9,198,721 | $-7,283,018 | $-3,278,290 | $-3,364,646 |
| Gross Profit | $5,946,708 | $5,037,277 | $4,037,091 | $892,486 |
| Per Share | ||||
| Diluted EPS | $-1.18 | $-0.46 | $-0.18 | $-0.17 |
| Basic EPS | $-1.18 | $-0.46 | $-0.18 | $-0.17 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $-78,122 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-9,783,136 | $-6,151,084 | $-2,529,153 | $-3,201,419 |
| Total Unusual Items | $-8,970,852 | $-552,173 | $-589,299 | $0 |
| Total Unusual Items Excluding Goodwill | $-8,970,852 | $-552,173 | $-589,299 | $0 |
| Reconciled Depreciation | $1,040,172 | $1,064,243 | $683,729 | $268,835 |
| EBITDA (Bullshit earnings) | $-18,753,988 | $-6,703,257 | $-3,118,452 | $-3,201,419 |
| EBIT | $-19,794,160 | $-7,767,500 | $-3,802,181 | $-3,470,254 |
| Diluted Average Shares | $19,071,591 | $19,734,023 | $19,734,023 | $19,734,023 |
| Basic Average Shares | $19,071,591 | $19,734,023 | $19,734,023 | $19,734,023 |
| Diluted NI Availto Com Stockholders | $-22,565,748 | $-9,149,666 | $-3,539,881 | $-3,441,347 |
| Minority Interests | $-57,540 | $49,188 | $2,702 | $18,655 |
| Other Special Charges | $-747,081 | $370,320 | - | - |
| Impairment Of Capital Assets | $2,403,628 | $181,853 | $589,299 | $0 |
| Restructuring And Mergern Acquisition | $-1,127,513 | $0 | - | - |
| Gain On Sale Of Security | $-8,441,818 | - | - | - |
| Selling General And Administration | $15,145,429 | $12,320,295 | $7,315,381 | $4,257,132 |
| Tax Provision | - | - | $-541,406 | $-58,305 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-28,240,547 | $-13,543,713 | $-5,149,854 | $588,081 |
| Total Assets | $12,756,542 | $13,156,473 | $11,057,805 | $3,631,723 |
| Total Non Current Assets | $4,425,110 | $5,761,058 | $6,395,044 | $1,538,315 |
| Goodwill And Other Intangible Assets | $3,136,284 | $4,087,494 | $4,745,281 | $974,354 |
| Other Intangible Assets | $1,408,176 | $1,840,875 | $2,341,559 | $596,129 |
| Current Assets | $8,331,432 | $7,395,415 | $4,662,761 | $2,093,408 |
| Other Current Assets | $1,530,842 | $695,738 | $444,662 | $174,091 |
| Hedging Assets Current | $1,471,000 | $0 | - | - |
| Current Deferred Assets | $0 | $1,297,101 | $474,162 | $0 |
| Prepaid Assets | $266,831 | $0 | - | - |
| Inventory | $550,695 | $277,343 | $656,214 | $240,064 |
| Receivables | $2,104,221 | $3,964,865 | $1,164,391 | $344,642 |
| Other Receivables | $206,750 | $343,646 | - | - |
| Notes Receivable | $0 | $445,000 | - | - |
| Accounts Receivable | $1,897,471 | $684,788 | $1,164,391 | $344,642 |
| Cash Cash Equivalents And Short Term Investments | $2,407,843 | $1,160,368 | $1,923,332 | $1,334,611 |
| Cash And Cash Equivalents | $2,407,843 | $1,160,368 | $1,923,332 | $1,334,611 |
| Cash Financial | $2,407,843 | $1,160,368 | $1,923,332 | $1,334,611 |
| Debt | ||||
| Net Debt | $14,457,644 | $14,189,815 | $5,562,013 | - |
| Total Debt | $17,312,964 | $15,940,216 | $8,079,172 | $1,310,694 |
| Long Term Debt And Capital Lease Obligation | $1,530,630 | $1,526,719 | $4,903,154 | $1,166,822 |
| Long Term Debt | $1,303,665 | $1,150,481 | $4,518,980 | $1,166,822 |
| Current Debt And Capital Lease Obligation | $15,782,334 | $14,413,497 | $3,176,018 | $143,872 |
| Current Debt | $15,561,822 | $14,199,702 | $2,966,365 | $143,872 |
| Other Current Borrowings | $15,561,822 | $14,199,702 | $2,966,365 | $143,872 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $36,543,049 | $22,639,037 | $11,439,535 | $2,043,743 |
| Total Non Current Liabilities Net Minority Interest | $1,964,804 | $1,526,719 | $4,903,154 | $1,166,822 |
| Tradeand Other Payables Non Current | $434,174 | $0 | - | - |
| Current Liabilities | $34,578,245 | $21,112,318 | $6,536,381 | $876,921 |
| Other Current Liabilities | $4,488,721 | $57,694 | - | - |
| Current Deferred Liabilities | $602,469 | $1,120,817 | $643,254 | $74,431 |
| Payables And Accrued Expenses | $13,704,721 | $5,520,310 | $2,717,109 | $658,618 |
| Payables | $10,497,488 | $3,859,737 | $2,079,539 | $324,791 |
| Accounts Payable | $10,497,488 | $3,859,737 | $2,079,539 | $324,791 |
| Equity | ||||
| Common Stock Equity | $-25,104,263 | $-9,456,219 | $-12,386,857 | $-9,209,365 |
| Total Equity Gross Minority Interest | $-23,786,507 | $-9,482,564 | $-381,730 | $1,587,980 |
| Stockholders Equity | $-25,104,263 | $-9,456,219 | $-404,573 | $1,562,435 |
| Gains Losses Not Affecting Retained Earnings | $166,007 | $114,624 | $17,011 | $-11,973 |
| Other Equity Adjustments | $166,007 | $114,624 | $17,011 | $-11,973 |
| Retained Earnings | $-45,426,099 | $-22,860,351 | $-13,710,685 | $-10,170,804 |
| Preferred Stock Equity | - | - | $11,982,284 | $10,771,800 |
| Preferred Securities Outside Stock Equity | - | - | $11,982,284 | $10,771,800 |
| Other | ||||
| Ordinary Shares Number | $29,093,289 | $19,734,023 | $19,734,023 | $19,734,023 |
| Share Issued | $29,093,289 | $19,734,023 | $19,734,023 | $19,734,023 |
| Tangible Book Value | $-28,240,547 | $-13,543,713 | $-17,132,138 | $-10,183,719 |
| Invested Capital | $-8,238,776 | $5,893,964 | $-4,901,512 | $-7,898,671 |
| Working Capital | $-26,246,813 | $-13,716,903 | $-1,873,620 | $1,216,487 |
| Capital Lease Obligations | $447,477 | $590,033 | $593,827 | $0 |
| Total Capitalization | $-23,800,598 | $-8,305,738 | $4,114,407 | $2,729,257 |
| Minority Interest | $1,317,756 | $-26,345 | $22,843 | $25,545 |
| Additional Paid In Capital | $20,152,919 | $13,288,174 | $1,306,658 | $973,257 |
| Capital Stock | $2,910 | $1,334 | $11,982,443 | $10,771,955 |
| Common Stock | $2,910 | $1,334 | $159 | $155 |
| Preferred Stock | $0 | $0 | $11,982,284 | $10,771,800 |
| Long Term Capital Lease Obligation | $226,965 | $376,238 | $384,174 | $0 |
| Current Deferred Revenue | $602,469 | $1,120,817 | $643,254 | $74,431 |
| Current Capital Lease Obligation | $220,512 | $213,795 | $209,653 | $0 |
| Current Accrued Expenses | $3,207,233 | $1,660,573 | $637,570 | $333,827 |
| Goodwill | $1,728,108 | $2,246,619 | $2,403,722 | $378,225 |
| Net PPE | $1,288,826 | $1,673,564 | $1,649,763 | $563,961 |
| Accumulated Depreciation | $-700,379 | $-448,479 | $-191,880 | $-87,907 |
| Gross PPE | $1,989,205 | $2,122,043 | $1,841,643 | $651,868 |
| Other Properties | $369,077 | $585,120 | $618,061 | $49,255 |
| Machinery Furniture Equipment | $1,050,128 | $966,923 | $653,582 | $402,613 |
| Buildings And Improvements | $570,000 | $570,000 | $570,000 | $200,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $386,564 | $26,643 | $26,760 | $29,716 |
| Raw Materials | $164,131 | $250,700 | $629,454 | $210,348 |
| Duefrom Related Parties Current | $0 | $2,491,431 | - | - |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-6,172,280 | $-4,699,051 | $-1,797,519 | $-3,757,970 |
| Operating Activities | ||||
| Operating Cash Flow | $-5,959,133 | $-4,621,692 | $-1,633,631 | $-3,472,315 |
| Cash Flow From Continuing Operating Activities | $-5,959,133 | $-4,621,692 | $-1,633,631 | $-3,472,315 |
| Operating Gains Losses | $6,309,158 | $348,312 | - | $19,346 |
| Investing Activities | ||||
| Capital Expenditure | $-213,147 | $-77,359 | $-163,888 | $-285,655 |
| Investing Cash Flow | $-107,665 | $-465,711 | $-1,291,388 | $-416,271 |
| Cash Flow From Continuing Investing Activities | $-107,665 | $-465,711 | $-1,291,388 | $-416,271 |
| Capital Expenditure Reported | $-186,103 | $-35,588 | $-145,590 | $-255,164 |
| Net Other Investing Changes | - | $-445,000 | - | - |
| Financing Activities | ||||
| Financing Cash Flow | $7,286,542 | $4,227,160 | $3,451,969 | $1,478,292 |
| Cash Flow From Continuing Financing Activities | $7,286,542 | $4,227,160 | $3,451,969 | $1,478,292 |
| Net Other Financing Charges | $33,879,425 | $-3,476,288 | $-474,162 | - |
| Issuance Of Capital Stock | - | - | $1,210,484 | $1,239,780 |
| Net Preferred Stock Issuance | - | - | $1,210,484 | $1,239,780 |
| Preferred Stock Issuance | - | - | $1,210,484 | $1,239,780 |
| Other | ||||
| Repayment Of Debt | $-39,147,283 | $-2,243,896 | $-617,213 | $-86,488 |
| Issuance Of Debt | $11,554,400 | $9,947,344 | $3,332,860 | $325,000 |
| Interest Paid Supplemental Data | $1,057,138 | $375,304 | $149,286 | $39,382 |
| Income Tax Paid Supplemental Data | $0 | $0 | $0 | $0 |
| End Cash Position | $2,407,843 | $1,160,368 | $1,923,332 | $1,334,611 |
| Beginning Cash Position | $1,160,368 | $1,923,332 | $1,334,611 | $3,721,460 |
| Effect Of Exchange Rate Changes | $27,731 | $97,280 | $61,771 | $23,445 |
| Changes In Cash | $1,219,744 | $-860,244 | $526,950 | $-2,410,294 |
| Proceeds From Stock Option Exercised | $1,000,000 | $0 | - | - |
| Net Issuance Payments Of Debt | $-27,592,883 | $7,703,448 | $2,715,647 | $238,512 |
| Net Short Term Debt Issuance | $-36,727,814 | $0 | - | - |
| Short Term Debt Payments | $-36,727,814 | $0 | - | - |
| Net Long Term Debt Issuance | $9,134,931 | $7,703,448 | $2,715,647 | $238,512 |
| Long Term Debt Payments | $-2,419,469 | $-2,243,896 | $-617,213 | $-86,488 |
| Long Term Debt Issuance | $11,554,400 | $9,947,344 | $3,332,860 | $325,000 |
| Net Business Purchase And Sale | $92,482 | $0 | $-1,127,500 | $-130,616 |
| Sale Of Business | $152,482 | $0 | - | - |
| Purchase Of Business | $-60,000 | $0 | $-1,127,500 | $-130,616 |
| Net PPE Purchase And Sale | $-14,044 | $14,877 | $-18,298 | $-30,491 |
| Sale Of PPE | $13,000 | $56,648 | - | - |
| Purchase Of PPE | $-27,044 | $-41,771 | $-18,298 | $-30,491 |
| Change In Working Capital | $3,287,725 | $2,402,965 | $1,188,188 | $-256,111 |
| Change In Other Working Capital | $-785,179 | $477,563 | $568,823 | $4,085 |
| Change In Other Current Liabilities | $-146,307 | $-166,060 | $-109,952 | $0 |
| Change In Payables And Accrued Expense | $5,003,589 | $2,086,979 | $1,385,734 | $125 |
| Change In Accrued Expense | $1,622,271 | $1,080,972 | $85,919 | $87,686 |
| Change In Payable | $3,381,318 | $1,006,007 | $1,299,815 | $-87,561 |
| Change In Account Payable | $3,381,318 | $1,006,007 | $1,299,815 | $-87,561 |
| Change In Prepaid Assets | $139,452 | $-250,405 | $-220,229 | $-92,781 |
| Change In Inventory | $-293,434 | $191,623 | $-70,213 | $-194,929 |
| Change In Receivables | $-630,396 | $63,265 | $-365,975 | $27,389 |
| Changes In Account Receivables | $-767,292 | $406,911 | $-365,975 | $27,389 |
| Other Non Cash Items | $3,261,308 | $321,111 | $-22,852 | - |
| Stock Based Compensation | $35,525 | $407 | $11,994 | $13,922 |
| Provisionand Write Offof Assets | $23,926 | $187,098 | - | - |
| Asset Impairment Charge | $2,591,261 | $253,026 | $589,299 | $0 |
| Depreciation Amortization Depletion | $1,040,172 | $1,064,243 | $683,729 | $268,835 |
| Depreciation And Amortization | $1,040,172 | $1,064,243 | $683,729 | $268,835 |
| Depreciation | $294,431 | $287,846 | $331,136 | $55,615 |
| Earnings Losses From Equity Investments | $187,500 | $0 | - | - |
| Gain Loss On Investment Securities | $6,869,582 | - | - | - |
| Gain Loss On Sale Of PPE | $-843 | $-22,008 | $0 | $19,346 |
| Gain Loss On Sale Of Business | $-134,886 | $0 | - | - |
| Net Income From Continuing Operations | $-22,508,208 | $-9,198,854 | $-3,542,583 | $-3,460,002 |
| Unrealized Gain Loss On Investment Securities | - | - | $-45,869 | $0 |
| Deferred Tax | - | - | $-541,406 | $-58,305 |
| Deferred Income Tax | - | - | $-541,406 | $-58,305 |
| Amortization Cash Flow | - | - | $352,593 | $213,220 |
| Amortization Of Intangibles | - | - | $352,593 | $213,220 |