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ConnectM Technology Solutions (CNTM) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Aug 4, 2025

ConnectM Technology Solutions (CNTM) reported revenue of $6.3M for the fourth quarter 2024 (Q4 2024), +40% from a year earlier and +5% from the quarter before. Operating margin was -93.6%, net loss $7.8M (124.7% of revenue).

Revenue$6.3M
Year over year+40%
Quarter over quarter+5%
Operating margin-93.6%
Net earnings−$7.8M

ConnectM Technology Solutions, Q4 2024: revenue $6.3M (+40% year over year), operating margin -93.6%, net loss $7.8M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$6.3M+5%+40%
Operating profit−$5.9M——
Net earnings−$7.8M——
Operating cash flow−$3.2M——

What changed

Revenue was $6.3M in Q4 2024, up 40% year over year and up 5% from the previous quarter.

Gross margin was 9.2%. Operating costs exceeded revenue by $5.9M, an operating margin of -93.6%. The fastest-growing cost line was Other operating costs (+1232%). The quarter ended with a net loss of $7.8M, narrower than the previous quarter's $9.9M loss.

Operating cash flow was −$3.2M. Non-cash charges added back $239K of depreciation and amortization. Working capital and other items added $4.4M. Capital expenditures of −$32K exceeded it, leaving free cash flow of −$3.2M.

Questions

What was ConnectM Technology Solutions' revenue in the fourth quarter 2024?

ConnectM Technology Solutions (CNTM) reported revenue of $6.3M for the fourth quarter 2024 (Q4 2024), +40% from a year earlier and +5% from the quarter before.

Was ConnectM Technology Solutions profitable in the fourth quarter 2024?

Operating loss was $5.9M (-93.6% of revenue) and net loss $7.8M.

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Source: ConnectM Technology Solutions 10-K on SEC EDGAR.