For the quarter ending 2025-09-30, CNTM made $8,707,042 in revenue. -$1,393,944 in net income. Net profit margin of -16.01%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 8,707,042 | 8,511,491 | - | 4,430,885* |
| Cost of revenues | 5,832,429 | 5,538,614 | - | 5,908,898* |
| Gross profit | 2,874,613 | 2,972,877 | - | - |
| Facility costs | 118,324 | 75,071 | - | - |
| Insurance expenses | 199,232 | 239,998 | - | - |
| Marketing expenses-Operating Segments-Owned Service Network Segment | 49,997 | - | - | - |
| Marketing expenses-Managed Solutions Segment-Operating Segments | 28,019 | - | - | - |
| Marketing expenses-Logistics Segment-Operating Segments | 916 | - | - | - |
| Marketing expenses-Operating Segments-Transportation Segment | -1 | - | - | - |
| Marketing expenses | - | 797,937 | - | - |
| Marketing expenses-Corporate Non Segment | -71,433 | - | - | - |
| Operational expenses | 2,833,238 | 2,562,949 | - | - |
| Compensation and related benefits | 2,026,788 | 2,246,669 | - | - |
| Travel & entertainment | 76,259 | 74,094 | - | - |
| Vehicle expenses | 156,648 | 171,231 | - | - |
| Depreciation | 170,419 | 154,726 | - | - |
| Loss on impairment | - | - | - | 600,907* |
| Amortization | 102,932 | -30,515 | - | - |
| Other income | - | - | - | 29,393.25* |
| Total costs and expenses | - | - | - | 6,955,234* |
| Selling, general and administrative expenses | 5,691,338 | 6,292,160 | - | 445,429* |
| Other expense | - | - | - | 8,603.25* |
| Loss from operations | -2,816,725 | -3,319,283 | -3,273,443 | -2,524,349* |
| Interest expense | 153,654 | 102,171 | 493,464 | 713,048* |
| Change in fair value of contingent consideration | - | - | - | 14,930.75* |
| Change in fair value of forward purchase agreement | - | - | -971,000 | -2,063,597.5* |
| Loss on forward purchase agreement modification | - | - | - | 66,663.75* |
| Loss on extinguishment of debt | - | - | - | 411,360.75* |
| Gain on forward purchase agreement modification | - | - | - | 363,472.75* |
| Loss on extinguishment of debt and vendor payable | - | - | 2,715,923 | - |
| Gain on extinguishment of debt | - | - | 14,019 | 564,409.5* |
| Day one gain on issuance of sepa | - | - | - | 33,721.5* |
| Gain (loss) on extinguishment of debt and vendor payable | 2,391,287 | -1,599,285 | - | - |
| Change in fair value of convertible debt | -1,063,621 | -510,577 | -319,695 | 3,161,253* |
| Change in fair value of derivative liabilities | 17,821 | -510,661 | -33,548 | 15,671,477.25* |
| Bargain purchase gain | - | 2,486,702 | - | - |
| Gain on modification of liabilities | 194,523 | - | - | - |
| Change in fair value on 3(10) settlement agreement (note 5) | -148,725 | -207,715 | -605,748 | - |
| Other income (expense), net | 288,602 | -58,548 | 209,967 | - |
| Total other income (expense), net | 1,823,683 | -86,825 | -3,703,896 | 16,545,523.25* |
| Net gain | -993,042 | -3,406,108 | -6,977,339 | 14,021,174.25* |
| Less net income (gain) attributable to noncontrolling interests | 152,529 | 137,956 | 41,071 | -122,460* |
| Net gain attributable to connectm technology solutions, inc | -1,145,571 | -3,544,064 | -7,018,410 | 14,143,634.25* |
| Foreign currency translation adjustments | -95,844 | -43,860 | 10,781 | 12,845.75* |
| Comprehensive income/(loss) before noncontrolling interests | -1,241,415 | -3,587,924 | -7,007,629 | 14,156,480* |
| Less comprehensive loss/(income) attributable to non-controlling interests | 152,529 | 137,956 | 41,071 | 14,385* |
| Comprehensive income/(loss) attributable to connectm technology solutions, inc | -1,393,944 | -3,725,880 | -7,048,700 | 14,142,095 |
| Basic EPS | -0.02 | -0.06 | -0.22 | 0.787 |
| Diluted EPS | -0.02 | -0.06 | -0.22 | 0.787 |
| Basic Average Shares | 75,526,418 | 56,495,906 | 31,753,632 | 17,971,260 |
| Diluted Average Shares | 75,526,418 | 56,495,906 | 31,753,632 | 17,971,260 |
ConnectM Technology Solutions, Inc. (CNTM)
ConnectM Technology Solutions, Inc. (CNTM)