earnings
confidence high
sentiment positive
materiality 0.75
ConnectM projects FY2024 rev $26.4M (+32% YoY); Q1 2025 run rate $45.2M
ConnectM Technology Solutions, Inc.
2025-Q1 EPS
reported -$0.22
vs consensus -$2.61
▲ beat
(+91.6%)
- Q3 2024 actual rev $6.1M (+36% YoY); Q4 2024 projected rev $9.0M (+100% YoY); FY2024 projected rev $26.4M.
- Reduced total liabilities by $31M since IPO; converted $13.7M debt to equity at $2.00/share; retired $2.5M debt in Q1 2025.
- Acquired DeliveryCircle, Green Energy Gains, and MHz Invensys; MHz expected to add $15M revenue over 3 years from AMI vertical.
- Management purchased >700,000 shares in open market since IPO; CEO expresses confidence in growth trajectory.
- Electrification impact: 95.5 GWh (+331%), 73,506 metric tons CO2 displaced (+391%), 6.7M gallons fossil fuel displaced (+343%).