Complete Filing Data
ConnectM Technology Solutions, Inc. reported Net Income Loss of -$22.57 million for FY2024.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean ConnectM Technology Solutions, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Net Income * | -$22.6M | -$9.1M | -$3.8M |
| Operating Income Loss | -$11.6M | -$7.5M | -$2.1M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$14.0M | -$3.5M | |
| Income Tax Expense Benefit | $913.8K | $240.5K | |
| General And Administrative Expense | $3.0M | $2.1M | |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | $51.4K | $97.6K | |
| Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest | -$22.5M | -$9.2M | |
| Selling General And Administrative Expense | $15.1M | $12.3M | |
| Revenue From Contract With Customer Excluding Assessed Tax | $22.7M | $20.0M | |
| Nonoperating Income Expense | -$10.9M | -$1.7M | |
| Interest Expense Nonoperating | $2.7M | $1.4M | |
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | -$22.5M | -$9.1M | |
| Comprehensive Income Net Of Tax | -$22.6M | -$9.0M | |
| Net Income Loss Attributable To Noncontrolling Interest | $57.5K | -$49.2K | |
| Cost Of Revenue | $16.7M | $14.9M | |
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | $57.5K | -$49.2K | |
| Other Nonoperating Income Expense | |||
| Accrued Income Taxes Current | $240.5K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income * | -$1.1M | -$3.5M | -$7.0M | -$9.9M | -$2.2M | -$2.6M | -$2.6M | -$5.2M | -$585.5K | -$180.7K | -$461.1K | -$27.0K | -$19.9K | -$3.7K |
| Operating Income Loss | -$2.8M | -$3.3M | -$3.3M | -$2.5M | -$1.4M | -$1.4M | -$2.2M | -$543.0K | -$809.9K | -$515.6K | -$515.9K | -$27.0K | -$19.9K | -$3.7K |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$12.2M | $1.6M | -$9.4M | -$2.6M | -$4.9M | -$371.0K | -$41.0K | -$430.9K | -$27.0K | -$19.9K | -$3.7K | |||
| Income Tax Expense Benefit | $0.00 | $206.9K | $224.7K | $0.00 | $217.6K | $214.5K | $139.7K | $30.2K | $0.00 | |||||
| General And Administrative Expense | $1.0M | $860.8K | $346.0K | $543.0K | $809.9K | $515.6K | $515.9K | $27.0K | $19.9K | $3.7K | ||||
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | -$95.8K | -$43.9K | $10.8K | $19.5K | -$128.00 | $10.5K | $26.0K | |||||||
| Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest | -$993.0K | -$3.4M | -$7.0M | -$12.2M | -$2.2M | -$2.6M | -$2.6M | |||||||
| Selling General And Administrative Expense | $5.7M | $6.3M | $6.3M | $4.3M | $3.0M | $3.0M | $2.8M | |||||||
| Revenue From Contract With Customer Excluding Assessed Tax | $8.7M | $8.5M | $9.0M | $6.0M | $5.0M | $5.4M | $4.4M | |||||||
| Nonoperating Income Expense | $1.8M | -$86.8K | -$3.7M | -$7.3M | -$767.9K | -$1.2M | -$439.0K | |||||||
| Interest Expense Nonoperating | $153.7K | $102.2K | $493.5K | $676.2K | $640.7K | $512.4K | $472.0K | |||||||
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | -$1.2M | -$3.6M | -$7.0M | -$9.9M | -$2.2M | -$2.6M | -$2.6M | |||||||
| Comprehensive Income Net Of Tax | -$1.4M | -$3.7M | -$7.0M | -$10.0M | -$2.2M | -$2.6M | -$2.6M | |||||||
| Net Income Loss Attributable To Noncontrolling Interest | $152.5K | $138.0K | $41.1K | $60.1K | -$10.8K | $2.3K | -$7.0K | |||||||
| Cost Of Revenue | $5.8M | $5.5M | $6.0M | $4.2M | $3.0M | $3.8M | $3.7M | |||||||
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | $152.5K | $138.0K | $41.1K | $60.1K | -$10.8K | $2.3K | -$7.0K | |||||||
| Other Nonoperating Income Expense | $288.6K | -$58.5K | $210.0K | $270.0K | -$127.2K | -$84.5K | -$149.0K | |||||||
| Accrued Income Taxes Current | $386.0K | $369.4K | $162.5K | $927.4K | $672.6K | $455.0K | $170.0K | $30.2K |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Stockholders Equity * | -$19.9M | -$9.5M | -$381.7K | $5.1K |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $1.9M | $5.1K | ||
| Assets | $13.2M | $94.2M | $334.7K | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $1.2M | -$763.0K | $882.00 | |
| Retained Earnings Accumulated Deficit | -$37.6M | -$22.9M | -$8.1M | -$19.9K |
| Liabilities Current | $30.2M | $21.1M | $2.1M | $329.6K |
| Liabilities And Stockholders Equity | $13.2M | $94.2M | $334.7K | |
| Liabilities | $32.4M | $22.6M | $8.5M | $329.6K |
| Assets Current | $7.4M | $12.7K | $334.7K | |
| Accrued Liabilities Current | $1.4M | $9.4K | ||
| Cash And Cash Equivalents At Carrying Value | $5.9K | $5.1K | ||
| Accrued Offering Costs | $225.2K | $240.2K | ||
| Accretion To Redemption Value Of Class Common Stock Subject To Possible Redemption | $5.9M | $15.9M | ||
| Loss On Forward Purchase Agreement Liability | -$15.6M | -$2.8M | ||
| Other Liabilities Current | $10.0K | |||
| Deferred Underwriting Fee Payable Noncurrent | $3.7M | |||
| Assets Held In Trust Noncurrent | $94.2M | |||
| Underwriting Commission Deferred | $0.00 | $3.7M | ||
| Fair Value Measurement Of Debt Unrealized Gain Loss | -$1.7M | $25.4K | ||
| Repayments Of Related Party Debt | $0.00 | $354.1K | ||
| Derivative Instruments And Hedges Liabilities Noncurrent | $2.8M | |||
| Redemption Of Investments In Trust Account For Franchise Taxes | $1.6M | $0.00 | ||
| Deferred Credit Extension Fee Current | ||||
| Contract With Customer Liability Current | $1.1M | $643.3K | ||
| Goodwill | $2.2M | $2.4M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity * | -$13.6M | -$13.3M | -$27.3M | -$25.1M | -$40.6M | -$40.3M | -$9.5M | -$21.8M | -$16.3M | -$9.4M | -$8.1M | -$4.3M | -$3.9M | -$21.9K | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $2.2M | $2.7M | $1.6M | $2.4M | $1.9M | $819.6K | $861.9K | $1.2M | $1.3M | $214.6K | $6.9K | $28.8K | $217.8K | $9.8K | |||
| Assets | $22.1M | $21.8M | $12.8M | $12.8M | $13.6M | $15.2M | $13.8M | $13.4M | $97.1M | $95.0M | $93.5M | $93.3M | $523.8K | ||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | -$789.8K | -$298.4K | $914.00 | $4.8K | $5.1K | $0.00 | |||||||||||
| Retained Earnings Accumulated Deficit | -$57.1M | -$56.0M | -$52.4M | -$45.4M | -$40.6M | -$40.3M | -$21.8M | -$16.3M | -$9.4M | -$4.3M | -$3.9M | -$46.9K | |||||
| Liabilities Current | $32.2M | $31.3M | $36.9M | $34.6M | $11.1M | $8.9M | $6.1M | $4.6M | $2.9M | $1.0M | $627.5K | $545.7K | |||||
| Liabilities And Stockholders Equity | $22.1M | $21.8M | $12.8M | $12.8M | $13.7M | $80.1M | $80.7M | $99.3M | $97.1M | $95.0M | $93.5M | $93.3M | $523.8K | ||||
| Liabilities | $33.8M | $33.4M | $38.7M | $36.5M | $41.1M | $40.5M | $22.9M | $17.1M | $9.9M | $4.7M | $4.3M | ||||||
| Assets Current | $11.1M | $10.6M | $8.3M | $8.3M | $7.5M | $270.5K | $5.4K | $361.9K | $337.0K | $8.0K | $73.4K | $292.1K | |||||
| Accrued Liabilities Current | $4.6M | $4.3M | $3.6M | $1.7M | $2.3M | $2.2M | $1.9M | $538.7K | $333.3K | $9.2K | |||||||
| Cash And Cash Equivalents At Carrying Value | $230.0K | $3.7K | $5.9K | $312.5K | $214.6K | $6.9K | $28.8K | $217.8K | $9.8K | ||||||||
| Accrued Offering Costs | $55.2K | $55.2K | $55.2K | $55.2K | $125.2K | $125.2K | $245.2K | $264.0K | $212.5K | ||||||||
| Accretion To Redemption Value Of Class Common Stock Subject To Possible Redemption | $1.7M | $731.2K | $0.00 | $0.00 | $0.00 | ||||||||||||
| Loss On Forward Purchase Agreement Liability | -$9.6M | -$4.2M | -$5.5M | -$560.0K | $0.00 | $0.00 | |||||||||||
| Other Liabilities Current | $3.3M | $3.6M | $7.9M | $128.5K | $98.5K | $68.5K | $50.0K | ||||||||||
| Deferred Underwriting Fee Payable Noncurrent | $3.7M | $3.7M | $3.7M | $3.7M | $3.7M | $3.7M | $3.7M | $3.7M | |||||||||
| Assets Held In Trust Noncurrent | $79.9M | $80.7M | $78.7M | $98.9M | $96.8M | $95.0M | $93.4M | $93.0M | |||||||||
| Underwriting Commission Deferred | $0.00 | $0.00 | |||||||||||||||
| Fair Value Measurement Of Debt Unrealized Gain Loss | -$1.1M | -$510.6K | -$319.7K | -$1.6M | $182.0K | ||||||||||||
| Repayments Of Related Party Debt | $0.00 | $0.00 | |||||||||||||||
| Derivative Instruments And Hedges Liabilities Noncurrent | $26.4M | $28.0M | $18.4M | $13.1M | $8.9M | $3.3M | |||||||||||
| Redemption Of Investments In Trust Account For Franchise Taxes | $0.00 | $305.2K | $200.0K | $0.00 | |||||||||||||
| Deferred Credit Extension Fee Current | $4.4M | $3.5M | $2.5M | $1.8M | $920.0K | ||||||||||||
| Contract With Customer Liability Current | $2.2M | $2.4M | $972.4K | $602.5K | $662.0K | $197.0K | |||||||||||
| Goodwill | $5.2M | $5.2M | $1.7M | $1.7M | $3.0M |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$6.0M | -$4.6M | -$623.3K |
| Net Cash Provided By Used In Financing Activities | $7.3M | $4.2M | $93.5M |
| Increase Decrease In Accrued Liabilities | $1.6M | $1.1M | $1.4M |
| Payments Of Stock Issuance Costs | $0.00 | $984.9K | $1.6M |
| Net Cash Provided By Used In Investing Activities | -$107.7K | -$465.7K | -$92.9M |
| Increase Decrease In Prepaid Expense | -$2.6K | $6.8K | |
| Increase Decrease In Accrued Income Taxes Payable | -$302.7K | $240.5K | |
| Increase Decrease In Due To Related Parties Current | $58.5K | $10.0K | |
| Payments For Investment Of Cash In Trust Account | $2.5M | $92.9M | |
| Proceeds From Notes Payable | $445.0K | $0.00 | |
| Proceeds From Related Party Debt | $0.00 | $274.1K | |
| Proceeds From Issuance Of Warrants | $0.00 | $3.0M | |
| Proceeds From Issuance Of Units | $0.00 | $92.0M | |
| Proceeds From Term Extension Fees Paid By Target Company | $2.5M | $0.00 | |
| Proceeds From Related Party Notes Payable | $582.5K | $157.0K | |
| Share Based Compensation | $525.00 | $407.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2025 | Q2 2024 | Q1 2024 | Q3 2023 | Q1 2023 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$2.8M | -$1.2M | -$342.1K | -$27.2K | -$10.5K | $0.00 | ||
| Net Cash Provided By Used In Financing Activities | $2.2M | $925.9K | $143.0K | $32.0K | $15.6K | $0.00 | ||
| Increase Decrease In Accrued Liabilities | $643.4K | $661.4K | $452.2K | -$168.00 | $9.4K | $3.7K | ||
| Payments Of Stock Issuance Costs | $79.5K | $100.0K | $0.00 | $0.00 | $0.00 | |||
| Net Cash Provided By Used In Investing Activities | -$152.7K | -$6.6K | $200.0K | $0.00 | ||||
| Increase Decrease In Prepaid Expense | -$2.5K | -$5.6K | $0.00 | $0.00 | $0.00 | |||
| Increase Decrease In Accrued Income Taxes Payable | $224.7K | $214.5K | $0.00 | $0.00 | $0.00 | |||
| Increase Decrease In Due To Related Parties Current | $30.0K | $10.0K | $0.00 | $0.00 | $0.00 | |||
| Payments For Investment Of Cash In Trust Account | $977.1K | $0.00 | $0.00 | |||||
| Proceeds From Notes Payable | $2.5M | $375.0K | ||||||
| Proceeds From Related Party Debt | $65.0K | $244.0K | $80.0K | $0.00 | ||||
| Proceeds From Issuance Of Warrants | $0.00 | $0.00 | ||||||
| Proceeds From Issuance Of Units | $0.00 | $0.00 | ||||||
| Proceeds From Term Extension Fees Paid By Target Company | $977.1K | |||||||
| Proceeds From Related Party Notes Payable | $380.0K | $243.0K | ||||||
| Share Based Compensation | $41.00 |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock Shares Authorized | 10.0M | 1.0M | 1.0M | |
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | |
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | |
| Earnings Per Share Diluted | $-1.18 | $-0.69 | ||
| Earnings Per Share Basic | $-1.18 | $-0.69 | ||
| Weighted Average Number Of Shares Outstanding Basic | 19.1M | 13.3M | ||
| Weighted Average Number Of Diluted Shares Outstanding | 19.1M | 13.3M | ||
| Common Stock Shares Outstanding | 3.9M | 13.3M | ||
| Common Stock Shares Authorized | 100.0M | 100.0M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Preferred Stock Shares Authorized | 10.0M | 10.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | ||||
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| Earnings Per Share Diluted | $-0.02 | $-0.06 | $-0.22 | $-0.47 | $-0.17 | $-0.20 | $-0.12 | $-0.01 | ||||||
| Earnings Per Share Basic | $-0.02 | $-0.06 | $-0.22 | $-0.47 | $-0.17 | $-0.20 | $-0.12 | $-0.01 | ||||||
| Weighted Average Number Of Shares Outstanding Basic | 75.5M | 56.5M | 31.8M | 21.2M | 13.3M | 13.3M | 21.1M | |||||||
| Weighted Average Number Of Diluted Shares Outstanding | 75.5M | 56.5M | 31.8M | 21.2M | 13.3M | 13.3M | 21.1M | |||||||
| Common Stock Shares Outstanding | 94.6M | 71.6M | 35.5M | 29.1M | 21.1M | |||||||||
| Common Stock Shares Authorized | 250.0M | 100.0M | 100.0M | 100.0M | 100.0M |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Investment Income Interest And Dividend | $4.6M | $1.3M | ||
| Investment Income Interest | $4.6M | $1.3M | ||
| Additional Paid In Capital | $17.5M | $13.3M | $24.8K | |
| Prepaid Expense Current | $6.8K | |||
| Change In Value Common Shares Amount | 3.4M | 848.6K | ||
| Issuance Of Representative Shares For Underwriting Services | 0.00 | 622.9K | ||
| Unrealized Gain Loss On Derivatives | -$187.4K | $0.00 | ||
| Capital Contribution By Sponsor Through Transfer Of Class B Shares | 0.00 | 2.5M | ||
| Stock Issued During Period Value New Issues | $622.9K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Investment Income Interest And Dividend | $1.0M | $1.0M | $1.3M | $1.1M | $998.9K | $419.2K | $85.0K | ||||||||||
| Investment Income Interest | $1.0M | $998.9K | $0.00 | $0.00 | $0.00 | ||||||||||||
| Additional Paid In Capital | $43.5M | $42.5M | $24.9M | $20.2M | $0.00 | $0.00 | $24.8K | ||||||||||
| Prepaid Expense Current | $40.5K | $1.7K | $4.2K | $49.4K | $35.0K | $1.2K | $44.6K | $74.2K | |||||||||
| Change In Value Common Shares Amount | 962.1K | 867.8K | 731.2K | 183.6K | |||||||||||||
| Issuance Of Representative Shares For Underwriting Services | 0.00 | 0.00 | |||||||||||||||
| Unrealized Gain Loss On Derivatives | $17.8K | -$510.7K | -$33.5K | -$30.9K | |||||||||||||
| Capital Contribution By Sponsor Through Transfer Of Class B Shares | 0.00 | 0.00 | |||||||||||||||
| Stock Issued During Period Value New Issues | $35.0K | $622.9K |
Most recent annual filing with the SEC: August 4, 2025
Data sourced from SEC EDGAR public filings as of August 7, 2026.