Connectm Technology Solutions Inc Stock Price, News & Analysis

ConnectM (OTC: CNTM) reported Q3 2025 results on Nov 17, 2025 showing strong top-line growth and balance-sheet progress. Q3 revenue rose 45% to ~$8.7M and YTD revenue increased 60% to ~$26.2M. Net loss narrowed to ~$1.0M from ~$9.9M a year earlier. Cash was ~$2.2M as of Sept 30, 2025.

The company reduced convertible debt fair value from ~$8.5M (Dec 31, 2024) to ~$3.8M, exchanged ~$3.0M of convertible debt, eliminated legacy derivative liabilities (~$4.2M), and reached a Libertas settlement acknowledging a ~$3.1M remaining principal with a structured repayment and share-redeem right.

ConnectM (OTC: CNTM) entered a $1.7 million heat pump distribution agreement with Greentech Renewables on Nov. 10, 2025 to make Keen Labs–branded high-efficiency heat pumps and smart controls available to Greentech’s network of solar, electrical and energy contractors.

The deal pairs Keen Labs’ AI-driven controls with Greentech’s logistics, warehousing and contractor channel and is positioned as a foundation for broader scaling in 2026 and beyond. The release highlights market tailwinds, industry incentives (up to $16,000 per home in some states) and a cited global heat pump market estimate of $168 billion by 2033.

ConnectM (OTC: CNTM) announced on Nov 5, 2025 the acquisition of Geo Impex, securing approximately 76 acres near Chhatrapur, Odisha, India for development of a multimodal logistics park and an AI-enabled Energy Intelligence Data Center under subsidiary Keen Labs.

The site is ~700 meters from Chhatrapur Railway Station and ~5 km from Gopalpur Port, sits near Tata Steel SEZ and OSCOM operations, and has state-level single-window industrial clearance plus preliminary government and environmental approvals. The project plans to integrate rail-siding feasibility, distributed-energy assets including recently acquired Amperics hybrid-battery technology, and Keen Labs’ AI/IoT platforms for logistics and energy optimization.

ConnectM (OTC:CNTM) announced on Nov 3, 2025 the acquisition of Amperics, a developer of a TiO₂-based hybrid battery–supercapacitor platform. Amperics will join Keen Labs as a new product line, expanding Keen Labs’ portfolio of AI-powered HVAC, IIoT, smart mobility, and distributed-energy solutions. The company said the hybrid batteries deliver high power, long cycle life, fast charging and enhanced safety, and that ConnectM intends to integrate them into its Energy Intelligence Network (EIN) and Virtual Power Plant (VPP) operations to enable grid services, data-center energy buffering, fleet charging, and recurring revenue through energy-as-a-service.

The release highlights domestic manufacturability, avoidance of rare/toxic metals, and strategic positioning in distributed energy and VPP control for commercial, residential, fleet and data-center customers.

ConnectM (OTC:CNTM) launched Keen Labs, a wholly owned technology subsidiary focused on AI, industrial IoT, battery systems, and distributed energy for enterprise customers, effective Oct 27, 2025. Keen Labs will consolidate ConnectM’s AI and tech assets to pursue organic development and strategic M&A, separating service operations from a high‑growth tech portfolio.

Key metrics: technology revenue grew from ~$2.2M in 2021 to an estimated $19.1M in 2025 (~80% CAGR); gross profit rose over tenfold since 2023; EBITDA turned positive in 2024 and is projected to triple in 2025; SG&A declined from 63% of revenue in 2021 to ~15% projected in 2025.

ConnectM (OTC: CNTM) commenced trading on the OTCQB on October 6, 2025, restoring trading access and advancing the company toward a relisting on a major U.S. exchange.

Key financials: Q2 2025 revenue rose ~70% year-over-year to $8.5M, and first-half 2025 revenue increased ~69% to $17.5M. The company retired ~$13.2M in liabilities in Q2 2025 and ~$15.8M across H1 2025. Interest expense declined 84.1% YoY in Q2 and 48.3% in H1 2025, citing prior debt conversions.

Operational notes: ConnectM qualified for a penny stock exemption, cites improved transparency and liquidity from OTCQB status, and says it will pursue targeted M&A to expand services and geographies while focusing on expense discipline and balance-sheet improvement.

ConnectM Technology Solutions (OTC: CNTM) announced that the Buyout Group (Optimax Solutions, SriSid LLC, Arumilli LLC, and Win-Light Global) has temporarily suspended their buyout proposal due to ConnectM's delayed financial filings. The decision comes as ConnectM works through a four-month recovery plan aimed at regaining compliance and relisting on major exchanges like Nasdaq or NYSE. The Buyout Group expressed continued support for the management team and indicated willingness to resume acquisition discussions after successful relisting. ConnectM plans to file its delayed 2024 Annual Report and Q1 2025 Quarterly Reports in June 2025, which are expected to demonstrate strong performance across all segments.

ConnectM Technology Solutions (OTC: CNTM) has completed the acquisition of Cambridge Energy Resources (CER), an India-based Energy-Management-as-a-Service provider, for INR 120 million ($1.4M). The acquisition, which took three years to secure regulatory approval, provides ConnectM strategic entry into India's distributed energy and telecommunications sectors.

CER's fair value is assessed at INR 240 million ($2.8M). The company specializes in rooftop solar installations and energy management solutions for telecommunications infrastructure. ConnectM expects its India business revenue to grow to 15% of global revenue ($10M annualized) in the next twelve months, up from the current 5%. The acquisition aligns with India's goals of reaching 500 GW of non-fossil fuel power capacity by 2030, supported by a $384.5 billion investment in the power sector.

ConnectM Technology Solutions (OTC: CNTM) issued a stockholder update following its recent delisting from Nasdaq and transition to the OTC Pink Market. The company's CEO, Bhaskar Panigrahi, outlined their path forward, including plans to file their Form 10-K and Q1 2025 financials within a week. Despite trading disruptions, the stock maintained strong liquidity with over 10 million shares traded in three days.

The company aims to cut stockholder deficit from -$20M to less than -$10M through debt-to-equity conversions and plans to achieve $2.5M in stockholder equity through a potential $15M+ asset acquisition. ConnectM's roadmap includes uplisting to OTCQB, refiling their resale S-1, and eventually relisting on Nasdaq or NYSE. The company continues to report growth across its energy technology solutions in HVAC, distributed energy, and digital operations segments.