CNTM · Connectm Technology Solutions, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.17M | - | $8.71M | $5.01M | $5.37M | - | $6.07M | - | - | - |
| Cost of Revenue | $6.31M | - | $5.83M | $3.04M | $3.77M | - | $4.20M | - | - | - |
| Gross Profit | $1.87M | - | $1.80M | $1.97M | $1.60M | - | $1.87M | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $5.09M | - | $5.69M | $3.01M | $3.02M | - | $2.84M | $1.01M | $860.8K | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $213.0K | - | - | $154.7K | $177.2K | - | $45.0K | - | - | - |
| Operating Income | ($3.23M) | - | ($2.82M) | ($3.32M) | ($3.27M) | - | ($3.03M) | ($1.01M) | ($860.8K) | - |
| Interest Expense | $332.0K | - | $153.7K | $640.7K | $512.4K | - | $472.0K | - | - | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | $0 | $206.9K | $224.7K | - |
| Net Income | ($6.95M) | - | ($1.15M) | ($3.54M) | ($7.02M) | - | ($12.24M) | $1.41M | ($9.63M) | - |
| EPS - Basic | ($1.33) | - | ($0.64) | ($1.92) | ($6.40) | - | ($3.84) | - | - | - |
| EPS - Diluted | - | - | ($0.64) | ($1.92) | ($6.40) | - | ($19.52) | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.47M | $2.90M | $2.21M | $2.66M | $1.62M | $2.41M | $1.88M | $230.0K | $3.7K | $5.9K |
| Accounts Receivable | $3.06M | $3.07M | $5.68M | $5.48M | $3.84M | $1.90M | $1.86M | - | - | - |
| Inventory | $594.0K | $633.8K | $479.1K | $889.2K | $793.4K | $550.7K | $320.0K | - | - | - |
| Accounts Payable | $7.08M | $7.22M | $7.20M | $7.54M | $6.40M | $10.50M | $3.86M | - | - | - |
| Current Assets | $8.45M | $8.17M | $11.13M | $10.64M | $8.31M | $8.33M | $7.45M | $270.5K | $5.4K | $72.3K |
| Total Assets | $39.82M | $36.17M | $22.09M | $21.84M | $12.75M | $12.76M | $13.75M | $80.14M | $80.72M | $78.78M |
| Current Liabilities | $35.87M | $32.91M | $32.22M | $31.27M | $36.93M | $34.58M | $38.65M | $11.07M | $8.91M | $6.92M |
| Long-term Debt | - | - | - | - | - | $8.54M | $1.15M | - | - | - |
| Total Liabilities | $37.86M | $34.59M | $33.84M | $33.42M | $38.72M | $36.54M | $40.77M | $41.11M | $40.54M | $28.97M |
| Stockholders' Equity | ($1.42M) | ($1.53M) | ($13.63M) | ($13.31M) | ($27.32M) | ($25.10M) | ($28.34M) | ($40.61M) | ($40.29M) | ($28.92M) |
| Retained Earnings | ($68.62M) | ($61.67M) | ($57.13M) | ($55.99M) | ($52.44M) | ($45.43M) | ($39.91M) | ($40.61M) | ($40.29M) | ($28.92M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.81M) | - | - | - | ($2.83M) | - | - | - | ($382.3K) | - |
| Investing Cash Flow | ($58.4K) | - | - | - | ($152.7K) | - | - | - | ($977.1K) | - |
| Financing Cash Flow | $2.45M | - | - | - | $2.18M | - | - | - | $1.36M | - |
| CapEx | $1.2K | - | - | - | $6.6K | - | - | - | - | - |
| Free Cash Flow | ($2.81M) | - | - | - | ($2.83M) | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 22.8% | - | 20.6% | 39.3% | 29.8% | - | 30.9% | - | - | - |
| Operating margin | -39.5% | - | -32.3% | -66.3% | -60.9% | - | -49.8% | - | - | - |
| EBITDA margin | -36.9% | - | - | -63.2% | -57.6% | - | -49.1% | - | - | - |
| Net margin | -85.0% | - | -13.2% | -70.8% | -130.6% | - | -201.5% | - | - | - |
| Free cash flow margin | -34.4% | - | - | - | -52.7% | - | - | - | - | - |
| FCF / Net income | 0.40 | - | - | - | 0.40 | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 62.3% | - | 65.4% | 60.2% | 56.2% | - | 46.8% | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | 12.8% | - | - |
| Return on assets | -17.4% | - | -5.2% | -16.2% | -55.0% | - | -89.0% | 1.8% | -11.9% | - |
| Return on equity | 488.7% | - | 8.4% | 26.6% | 25.7% | - | 43.2% | -3.5% | 23.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.24 | 0.25 | 0.35 | 0.34 | 0.23 | 0.24 | 0.19 | 0.02 | 0.00 | 0.01 |
| Quick ratio | 0.22 | 0.23 | 0.33 | 0.31 | 0.20 | 0.23 | 0.18 | 0.02 | 0.00 | 0.01 |
| Cash ratio | 0.07 | 0.09 | 0.07 | 0.08 | 0.04 | 0.07 | 0.05 | 0.02 | 0.00 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | -0.34 | -0.04 | - | - | - |
| Debt / Assets | - | - | - | - | - | 0.67 | 0.08 | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -9.7x | - | -18.3x | -5.2x | -6.4x | - | -6.4x | - | - | - |
| Equity multiplier | -28.02 | -23.69 | -1.62 | -1.64 | -0.47 | -0.51 | -0.49 | -1.97 | -2.00 | -2.72 |
| Liabilities / Assets | 0.95 | 0.96 | 1.53 | 1.53 | 3.04 | 2.86 | 2.97 | 0.51 | 0.50 | 0.37 |
| Efficiency | ||||||||||
| Asset turnover | 0.21 | - | 0.39 | 0.23 | 0.42 | - | 0.44 | - | - | - |
| Inventory turnover | 10.62 | - | 12.17 | 3.42 | 4.75 | - | 13.13 | - | - | - |
| Days sales outstanding | 137d | - | 238d | 399d | 260d | - | 112d | - | - | - |
| Days inventory outstanding | 34d | - | 30d | 107d | 77d | - | 28d | - | - | - |
| Days payable outstanding | 409d | - | 451d | 906d | 620d | - | 335d | - | - | - |
| Cash conversion cycle | -238d | - | -183d | -399d | -283d | - | -196d | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | 80.2x | 20.8x | 43.3x | - | 128.0x | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 52.1% | - | 43.3% | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 16.3% | - | -4.1% | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 1.5% | - | 6.9% | -230.3% | -280.3% | - | -774.6% | -85.1% | -3085.6% | - |
| Net income growth (YoY) | 1.0% | - | 90.6% | - | 27.1% | - | -245.3% | - | -1544.9% | - |
| EPS growth (YoY) | - | - | 96.7% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 0.7% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 94.8% | 93.9% | 51.9% | 67.2% | 32.2% | 13.2% | -30.3% | -148.8% | -329.9% | -259.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$35.84M totalOwned Service Network Segment$17.91M · 50.0%
Logistics Segment$12.03M · 33.6%
Managed Solutions Segment$3.13M · 8.7%
Transportation Segment$2.07M · 5.8%
Distributed Energy And Renewables$703.2K · 2.0%
Geographic
$37.90M totalUS$33.07M · 87.2%
IN$2.77M · 7.3%
Non Us$2.07M · 5.4%
Peer comparison
Same SIC group: Construction - Special Trade Contractors
Comparing ConnectM Technology Solutions against the 5 most active filers in the same SIC group.