What is Connectm Technology Solutions Inc's earnings per share (EPS)?

Connectm Technology Solutions Inc (CNTMD) reported diluted earnings per share of $-0.22 for fiscal year 2026. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Connectm Technology Solutions Inc Financials

CNTMD

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Connectm Technology Solutions Inc (CNTMD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CNTMD FY2025 2026-05-26

ConnectM's better unit economics are being swallowed by expanding overhead, keeping growth dependent on outside financing.

Across the last two annual comparisons, gross profit more than doubled to $11.5M while gross margin reached 32.0%. But SG&A also rose to $23.5M, leaving the operating loss deeper than it was two years earlier and showing that better unit economics are not yet translating into cost absorption.

In the latest year, financing inflows of $9.8M almost mirrored operating cash burn of -$9.8M, so the business effectively funded its day-to-day cash needs with outside capital. Current assets covered only about one-quarter of current liabilities, which leaves limited room if cash collections slow or obligations come due faster than revenue turns into cash.

The smaller latest-year net loss does not mean the core business became healthier: operating loss worsened to -$12.6M even as net loss narrowed to -$16.2M. That gap suggests below-the-line relief, including lighter financing cost, did more of the work than operating efficiency, so the headline loss improvement overstates the progress in the underlying business.

Financial Health Signals

Financial health score pending refresh

We are recalculating Connectm Technology Solutions Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Distress

-2.83

Connectm Technology Solutions Inc scores -2.83, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($30.9M) relative to total liabilities ($34.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Connectm Technology Solutions Inc passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.60x

For every $1 of reported earnings, Connectm Technology Solutions Inc generates $0.60 in operating cash flow (-$9.8M OCF vs -$16.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-9.7x

Connectm Technology Solutions Inc earns $-9.7 in operating income for every $1 of interest expense (-$12.6M vs $1.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$35.8M

YoY+58.0%

Connectm Technology Solutions Inc generated $35.8M in revenue in fiscal year 2026. This represents an increase of 58.0% from the prior year.

EBITDA

-$11.8M

YoY-8.4%

Connectm Technology Solutions Inc's EBITDA was -$11.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.4% from the prior year.

Net Income

-$16.2M

YoY+28.0%

Connectm Technology Solutions Inc reported -$16.2M in net income in fiscal year 2026. This represents an increase of 28.0% from the prior year.

EPS (Diluted)

$-0.22

Connectm Technology Solutions Inc earned $-0.22 per diluted share (EPS) in fiscal year 2026.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$2.9M

YoY+20.6%

Connectm Technology Solutions Inc held $2.9M in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share

N/A

Shares Outstanding

Connectm Technology Solutions Inc had 5M shares outstanding in fiscal year 2026.

Margins & Returns

Gross Margin

32.0%

YoY+5.8pp

Connectm Technology Solutions Inc's gross margin was 32.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 5.8 percentage points from the prior year.

Operating Margin

-35.2%

YoY+16.1pp

Connectm Technology Solutions Inc's operating margin was -35.2% in fiscal year 2026, reflecting core business profitability. This is up 16.1 percentage points from the prior year.

Net Margin

-45.4%

YoY+54.2pp

Connectm Technology Solutions Inc's net profit margin was -45.4% in fiscal year 2026, showing the share of revenue converted to profit. This is up 54.2 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

CNTMD Income Statement

Metric	FY26	FY24	FY23	FY22
Revenue	$35.8M+58.0%	$22.7M+13.4%	$20.0M	N/A
Cost of Revenue	$24.4M+45.9%	$16.7M+11.9%	$14.9M	N/A
Gross Profit	$11.5M+92.8%	$5.9M+18.1%	$5.0M	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	$23.5M+55.2%	$15.1M+22.9%	$12.3M+487.1%	$2.1M
Operating Income	-$12.6M-8.5%	-$11.6M-55.4%	-$7.5M-255.7%	-$2.1M
Interest Expense	$1.3M-52.0%	$2.7M+89.6%	$1.4M	N/A
Income Tax	-$16K	$0-100.0%	$914K+280.0%	$241K
Net Income	-$16.2M+28.0%	-$22.6M-146.6%	-$9.1M-143.1%	-$3.8M
EPS (Diluted)	$-0.22	$-1.18-71.0%	$-0.69	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$8.2M-14.8%	$9.6M+10.2%	$8.7M+2.3%	$8.5M-5.3%	$9.0M+43.3%	$6.3M+4.6%	$6.0M+19.7%	$5.0M
Cost of Revenue	$6.3M-10.2%	$7.0M+20.5%	$5.8M+5.3%	$5.5M-7.3%	$6.0M+4.9%	$5.7M+35.6%	$4.2M+38.2%	$3.0M
Gross Profit	$1.9M-28.4%	$2.6M-9.4%	$2.9M-3.3%	$3.0M-1.4%	$3.0M+423.3%	$576K-68.0%	$1.8M-8.8%	$2.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$5.1M-2.7%	$5.2M-8.1%	$5.7M-9.5%	$6.3M+0.1%	$6.3M+31.5%	$4.8M+10.4%	$4.3M+43.7%	$3.0M
Operating Income	-$3.2M-1.5%	-$3.2M-12.8%	-$2.8M+15.1%	-$3.3M-1.4%	-$3.3M+47.2%	-$6.2M-144.9%	-$2.5M-74.8%	-$1.4M
Interest Expense	$332K-57.7%	$784K+410.2%	$154K+50.4%	$102K-61.2%	$263K-70.2%	$885K+30.8%	$676K+5.5%	$641K
Income Tax	$0+100.0%	-$16K	$0	$0	$0	$0	$0	$0
Net Income	-$6.9M-53.1%	-$4.5M-296.0%	-$1.1M+67.7%	-$3.5M+49.5%	-$7.0M+10.4%	-$7.8M+21.1%	-$9.9M-349.8%	-$2.2M
EPS (Diluted)	N/A	N/A	$-0.02+66.7%	$-0.06+72.7%	$-0.22	N/A	$-0.47-176.5%	$-0.17

CNTMD Balance Sheet

Metric	FY26	FY24	FY23	FY22
Total Assets	$36.2M+183.5%	$12.8M-3.0%	$13.2M-86.0%	$94.2M
Current Assets	$8.2M-1.9%	$8.3M+12.7%	$7.4M+58035.5%	$13K
Cash & Equivalents	$2.9M+20.6%	$2.4M+40388.4%	$6K+0.2%	$6K
Inventory	$634K+15.1%	$551K+98.6%	$277K	N/A
Accounts Receivable	$3.1M+61.6%	$1.9M+177.1%	$685K	N/A
Goodwill	$5.2M+201.9%	$1.7M-23.1%	$2.2M-6.5%	$2.4M
Total Liabilities	$34.6M-5.3%	$36.5M+61.4%	$22.6M-77.9%	$102.3M
Current Liabilities	$32.9M-4.8%	$34.6M+63.8%	$21.1M+925.6%	$2.1M
Long-Term Debt	N/A	$8.5M+642.3%	$1.1M	N/A
Total Equity	-$1.5M+93.9%	-$25.1M-165.5%	-$9.5M-17.4%	-$8.1M
Retained Earnings	-$61.7M-35.8%	-$45.4M-98.7%	-$22.9M-183.8%	-$8.1M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$39.8M+10.1%	$36.2M+63.8%	$22.1M+1.1%	$21.8M+71.2%	$12.8M0.0%	$12.8M-5.9%	$13.6M-10.7%	$15.2M
Current Assets	$8.4M+3.4%	$8.2M-26.6%	$11.1M+4.6%	$10.6M+28.0%	$8.3M-0.2%	$8.3M+11.8%	$7.5M+2654.4%	$271K
Cash & Equivalents	$2.5M-14.9%	$2.9M+31.2%	$2.2M-16.7%	$2.7M+64.3%	$1.6M-32.8%	$2.4M+27.9%	$1.9M+718.1%	$230K
Inventory	$594K-6.3%	$634K+32.3%	$479K-46.1%	$889K+12.1%	$793K+44.1%	$551K+72.1%	$320K	N/A
Accounts Receivable	$3.1M-0.1%	$3.1M-46.0%	$5.7M+3.7%	$5.5M+42.9%	$3.8M+102.1%	$1.9M+1.9%	$1.9M	N/A
Goodwill	$2.3M-56.2%	$5.2M+1.2%	$5.2M0.0%	$5.2M+198.4%	$1.7M0.0%	$1.7M-43.1%	$3.0M	N/A
Total Liabilities	$37.9M+9.5%	$34.6M+2.2%	$33.8M+1.3%	$33.4M-13.7%	$38.7M+6.0%	$36.5M+12.9%	$32.4M-42.0%	$55.8M
Current Liabilities	$35.9M+9.0%	$32.9M+2.1%	$32.2M+3.0%	$31.3M-15.3%	$36.9M+6.8%	$34.6M+14.4%	$30.2M+173.0%	$11.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$8.5M+502.4%	$1.4M	N/A
Total Equity	-$1.4M+6.9%	-$1.5M+88.8%	-$13.6M-2.5%	-$13.3M+51.3%	-$27.3M-8.8%	-$25.1M-26.0%	-$19.9M+50.9%	-$40.6M
Retained Earnings	-$68.6M-11.3%	-$61.7M-7.9%	-$57.1M-2.0%	-$56.0M-6.8%	-$52.4M-15.5%	-$45.4M-20.8%	-$37.6M+7.4%	-$40.6M

CNTMD Cash Flow Statement

Metric	FY26	FY24	FY23	FY22
Operating Cash Flow	-$9.8M-64.3%	-$6.0M-28.9%	-$4.6M-641.4%	-$623K
Capital Expenditures	N/A	$27K-35.3%	$42K	N/A
Free Cash Flow	N/A	-$6.0M-28.4%	-$4.7M	N/A
Investing Cash Flow	$429K+498.7%	-$108K+76.9%	-$466K+99.5%	-$92.9M
Financing Cash Flow	$9.8M+34.9%	$7.3M+72.4%	$4.2M-95.5%	$93.5M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	$21.0M	$0

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$2.8M+9.2%	-$3.1M-24.2%	-$2.5M-80.8%	-$1.4M+51.2%	-$2.8M+11.4%	-$3.2M-818.3%	-$347K+70.9%	-$1.2M
Capital Expenditures	$1K	N/A	$3K+25.4%	$2K-14.9%	$3K+109.0%	-$32K-165.3%	$49K+1259.9%	$4K
Free Cash Flow	-$2.8M	N/A	-$2.5M-80.7%	-$1.4M+51.2%	-$2.8M+12.1%	-$3.2M-713.4%	-$396K+66.9%	-$1.2M
Investing Cash Flow	-$58K-118.2%	$320K+281.1%	-$177K-140.3%	$438K+387.2%	-$153K+72.7%	-$559K-193.6%	$597K+528.7%	-$139K
Financing Cash Flow	$2.5M-26.7%	$3.3M+47.1%	$2.3M+12.3%	$2.0M-7.0%	$2.2M-49.0%	$4.3M+433.6%	$800K-38.2%	$1.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CNTMD Financial Ratios

Metric	FY26	FY24	FY23	FY22
Gross Margin	32.0%+5.8pp	26.3%+1.0pp	25.2%	N/A
Operating Margin	-35.2%+16.1pp	-51.2%-13.8pp	-37.4%	N/A
Net Margin	-45.4%+54.2pp	-99.6%-53.8pp	-45.8%	N/A
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	-44.9%+132.0pp	-176.9%-107.4pp	-69.5%-65.5pp	-4.0%
Current Ratio	0.250.0	0.24-0.1	0.35+0.3	0.01
Debt-to-Equity	-22.66-22.3	-0.34-0.2	-0.12+12.6	-12.70
FCF Margin	N/A	-26.4%-3.1pp	-23.4%	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	22.8%-4.3pp	27.2%-5.9pp	33.0%-1.9pp	34.9%+1.4pp	33.5%+24.3pp	9.2%-20.8pp	30.0%-9.4pp	39.3%
Operating Margin	-39.5%-6.3pp	-33.1%-0.8pp	-32.4%+6.7pp	-39.0%-2.6pp	-36.4%+62.5pp	-98.9%-56.7pp	-42.2%-13.3pp	-28.9%
Net Margin	-85.0%-37.7pp	-47.3%-34.1pp	-13.2%+28.5pp	-41.6%+36.4pp	-78.1%+46.7pp	-124.8%+40.6pp	-165.5%-121.4pp	-44.0%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-17.4%-4.9pp	-12.5%-7.4pp	-5.2%+11.0pp	-16.2%+38.8pp	-55.0%+6.3pp	-61.4%+11.8pp	-73.2%-58.7pp	-14.5%
Current Ratio	0.24-0.0	0.25-0.1	0.350.0	0.34+0.1	0.23-0.0	0.240.0	0.25+0.2	0.02
Debt-to-Equity	-26.64-4.0	-22.66-20.2	-2.48+0.0	-2.51-1.1	-1.42-1.1	-0.34-0.3	-0.07+1.3	-1.37
FCF Margin	-34.4%	N/A	-28.7%-12.4pp	-16.2%+15.2pp	-31.5%+19.9pp	-51.3%-44.7pp	-6.6%+17.3pp	-23.9%

Note: Shareholder equity is negative (-$1.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.25), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Connectm Technology Solutions Inc's annual revenue?

Connectm Technology Solutions Inc (CNTMD) reported $35.8M in total revenue for fiscal year 2026. This represents a 58.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Connectm Technology Solutions Inc's revenue growing?

Connectm Technology Solutions Inc (CNTMD) revenue grew by 58% year-over-year, from $22.7M to $35.8M in fiscal year 2026.

Is Connectm Technology Solutions Inc profitable?

No, Connectm Technology Solutions Inc (CNTMD) reported a net income of -$16.2M in fiscal year 2026, with a net profit margin of -45.4%.

What is Connectm Technology Solutions Inc's EBITDA?

Connectm Technology Solutions Inc (CNTMD) had EBITDA of -$11.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Connectm Technology Solutions Inc's gross margin?

Connectm Technology Solutions Inc (CNTMD) had a gross margin of 32.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Connectm Technology Solutions Inc's operating margin?

Connectm Technology Solutions Inc (CNTMD) had an operating margin of -35.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Connectm Technology Solutions Inc's net profit margin?

Connectm Technology Solutions Inc (CNTMD) had a net profit margin of -45.4% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Connectm Technology Solutions Inc's operating cash flow?

Connectm Technology Solutions Inc (CNTMD) generated -$9.8M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Connectm Technology Solutions Inc's total assets?

Connectm Technology Solutions Inc (CNTMD) had $36.2M in total assets as of fiscal year 2026, including both current and long-term assets.

How many shares does Connectm Technology Solutions Inc have outstanding?

Connectm Technology Solutions Inc (CNTMD) had 5M shares outstanding as of fiscal year 2026.

What is Connectm Technology Solutions Inc's current ratio?

Connectm Technology Solutions Inc (CNTMD) had a current ratio of 0.25 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.

What is Connectm Technology Solutions Inc's debt-to-equity ratio?

Connectm Technology Solutions Inc (CNTMD) had a debt-to-equity ratio of -22.66 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Connectm Technology Solutions Inc's return on assets (ROA)?

Connectm Technology Solutions Inc (CNTMD) had a return on assets of -44.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Connectm Technology Solutions Inc's cash runway?

Based on fiscal year 2026 data, Connectm Technology Solutions Inc (CNTMD) had $2.9M in cash against an annual operating cash burn of $9.8M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Connectm Technology Solutions Inc's debt-to-equity ratio negative or unusual?

Connectm Technology Solutions Inc (CNTMD) has negative shareholder equity of -$1.5M as of fiscal year 2026, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Connectm Technology Solutions Inc's Altman Z-Score?

Connectm Technology Solutions Inc (CNTMD) has an Altman Z-Score of -2.83, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Connectm Technology Solutions Inc's Piotroski F-Score?

Connectm Technology Solutions Inc (CNTMD) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Connectm Technology Solutions Inc's earnings high quality?

Connectm Technology Solutions Inc (CNTMD) has an earnings quality ratio of 0.60x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Connectm Technology Solutions Inc cover its interest payments?

Connectm Technology Solutions Inc (CNTMD) has an interest coverage ratio of -9.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.