For the year ending 2025-12-31, CNTM made $35,836,809 in revenue. -$16,618,768 in net income. Net profit margin of -46.37%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 35,836,809 | 22,652,885 | ||
| Cost of revenues | 24,371,255 | 16,706,177 | ||
| Gross profit | 11,465,554 | - | ||
| Selling, general and administrative expenses | 23,502,849 | 15,145,429 | ||
| Loss on impairment of intangible assets and goodwill | 548,492 | 2,403,628 | ||
| Other income | - | 117,573 | ||
| Total costs and expenses | - | 34,255,234 | ||
| Other expense | - | 34,413 | ||
| Loss from operations | -12,585,787 | -11,602,349 | ||
| Loss on forward purchase agreement modification | - | 266,655 | ||
| Interest expense | 1,303,292 | 2,714,048 | ||
| Loss on extinguishment of debt | - | 1,645,443 | ||
| Loss on issuance of financial instruments | 45,250 | - | ||
| Gain on forward purchase agreement modification | - | 1,453,891 | ||
| Loss on extinguishment of debt and vendor payable | -3,010,366 | - | ||
| Gain on extinguishment of debt | 2,568,839 | 2,257,638 | ||
| Day one gain on issuance of sepa | - | 134,886 | ||
| Change in fair value of convertible debt | -2,146,284 | -1,707,747 | ||
| Change in fair value of forward purchase agreement | -971,000 | -8,254,390 | ||
| Change in fair value of contingent consideration | 111,355 | 59,723 | ||
| Change in fair value of derivative liabilities | -365,158 | -187,428 | ||
| Gain on modification of liabilities | 194,523 | - | ||
| Bargain purchase gain | 2,121,079 | - | ||
| Change in fair value on section 3(10) settlement agreement (note 12) | 721,829 | - | ||
| Other income (expense), net | 302,122 | - | ||
| Total other income (expense), net | -3,487,971 | -10,905,859 | ||
| Net loss from operations before income taxes | -16,073,758 | - | ||
| Income tax benefit | -16,086 | - | ||
| Net loss | -16,057,672 | -22,508,208 | ||
| Less net income (loss) attributable to noncontrolling interests | 187,378 | 57,540 | ||
| Net loss attributable to connectm technology solutions, inc | -16,245,050 | -22,565,748 | ||
| Foreign currency translation adjustments | -186,340 | 51,383 | ||
| Comprehensive income/(loss) before noncontrolling interests | -16,431,390 | -22,514,365 | ||
| Less comprehensive loss/(income) attributable to non-controlling interests | 187,378 | 57,540 | ||
| Comprehensive income/(loss) attributable to connectm technology solutions, inc | -16,618,768 | -22,571,905 | ||
| Basic EPS | -0.22 | -1.18 | ||
| Diluted EPS | -0.22 | -1.18 | ||
| Basic Average Shares | 72,318,607 | 19,071,591 | ||
| Diluted Average Shares | 72,318,607 | 19,071,591 | ||
ConnectM Technology Solutions, Inc. (CNTM)
ConnectM Technology Solutions, Inc. (CNTM)