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Comprehensive income/(loss)
attributable to connectm...
-$16,618,768
(26.37%↑ Y/Y)
Comprehensive income/(loss)
before noncontrolling...
-$16,431,390
(27.02%↑ Y/Y)
Less comprehensive
loss/(income) attributable to...
$187,378
(225.65%↑ Y/Y)
Net loss
attributable to connectm...
-$16,245,050
(28.01%↑ Y/Y)
Foreign currency
translation adjustments
-$186,340
(-462.65%↓ Y/Y)
Owned Service Network
Segment
$17,907,967
(134.61%↑ Y/Y)
Logistics Segment
$12,033,756
(249.06%↑ Y/Y)
Managed Solutions
Segment
$3,126,238
(-29.16%↓ Y/Y)
Transportation Segment
$2,065,680
(70.35%↑ Y/Y)
Distributed Energy And
Renewables
$703,168
Net loss
-$16,057,672
(28.66%↑ Y/Y)
Less net income
(loss) attributable to...
$187,378
(225.65%↑ Y/Y)
Income tax benefit
-$16,086
US
$33,067,961
Non Us
$2,768,848
Net loss from
operations before income...
-$16,073,758
Revenues
$35,836,809
(58.20%↑ Y/Y)
Loss from operations
-$12,585,787
(-8.48%↓ Y/Y)
Total other income
(expense), net
-$3,487,971
(68.02%↑ Y/Y)
Gross profit
$11,465,554
Gain on
extinguishment of debt
$2,568,839
(13.78%↑ Y/Y)
Cost of revenues
$24,371,255
(45.88%↑ Y/Y)
Bargain purchase gain
$2,121,079
Other income
(expense), net
$302,122
Gain on modification
of liabilities
$194,523
Selling, general and
administrative expenses
$23,502,849
(55.18%↑ Y/Y)
Loss on
extinguishment of debt and...
-$3,010,366
Change in fair value of
convertible debt
-$2,146,284
(-25.68%↓ Y/Y)
Loss on impairment of
intangible assets and...
$548,492
(-77.18%↓ Y/Y)
Interest expense
$1,303,292
(-51.98%↓ Y/Y)
Change in fair value of
forward purchase...
-$971,000
(88.24%↑ Y/Y)
Change in fair value on
section 3(10)...
$721,829
Change in fair value of
derivative liabilities
-$365,158
(-94.83%↓ Y/Y)
Change in fair value of
contingent consideration
$111,355
(86.45%↑ Y/Y)
Loss on issuance of
financial instruments
$45,250
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Income Statement
ConnectM Technology Solutions, Inc. (CNTM)
ConnectM Technology Solutions, Inc. (CNTM)
source: myfinsight.com