CNTM | ConnectM Technology Solutions, Inc. Annual &

Annual Income Statements

(In USD)

Breakdown	2023	2022	2021
Revenue	-	15.44 Million	4.33 Million
Cost of Revenue	-	11.4 Million	3.44 Million
Gross Profit	-	4.03 Million	892.48 Thousand
Operating Expenses	2.98 Million	2.09 Million	19.88 Thousand
Selling, General and Administrative Expenses	2.98 Million	2.09 Million	19.88 Thousand
Research and Development Expenses	-	-	-
Other Expenses	-	65.4 Thousand	-105.6 Thousand
Cost and Expenses	2.98 Million	2.09 Million	19.88 Thousand
Operating Income	-2.98 Million	-2.09 Million	-19.89 Thousand
Interest Expense	-	281.8 Thousand	48.05 Thousand
Income Tax Expense	913.8 Thousand	240.5 Thousand	-58.3 Thousand
Earnings before Tax	-14.02 Million	-3.52 Million	-19.88 Thousand
Net Income	-14.94 Million	-3.76 Million	-19.88 Thousand
Earnings Per Share Basic	-1.32	-0.32	-0.00
Earnings Per Share Diluted	-1.32	-0.32	-0.00
Weighted Average Shares Outstanding	11.34 Million	11.63 Million	10.12 Million
Weighted Average Shares Outstanding (Diluted)	11.34 Million	11.63 Million	10.12 Million
Gross Margin	-	0.26	0.21
EBIT Margin	-	-0.14	-0.00
Profit Margin	-	-0.24	-0.00
EBITDA	-14.02 Million	-3.52 Million	-3.2 Million
Earnings Before Tax Margin	-	-0.14	-0.00

Breakdown	2024 Q2	2024 Q1	2023 FY	2023 Q4	2023 Q3	2023 Q2
Revenue	-	-	-	-	15.59 Million	-
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	15.59 Million	-
Operating Expenses	1 Million	860.77 Thousand	2.98 Million	1.28 Million	345.96 Thousand	543.03 Thousand
Selling, General and Administrative Expenses	1 Million	860.77 Thousand	-	1.28 Million	345.96 Thousand	543.03 Thousand
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	-	-
Cost and Expenses	1 Million	860.77 Thousand	2.98 Million	1.28 Million	345.96 Thousand	543.03 Thousand
Operating Income	-1 Million	-860.77 Thousand	-2.98 Million	-1.28 Million	-345.97 Thousand	-543.04 Thousand
Interest Expense	-	-	-	-	-	-
Income Tax Expense	206.89 Thousand	224.68 Thousand	913.8 Thousand	226.91 Thousand	254.79 Thousand	217.59 Thousand
Earnings before Tax	1.62 Million	-9.4 Million	-14.02 Million	-5.42 Million	-3.28 Million	-4.94 Million
Net Income	1.41 Million	-9.63 Million	-14.94 Million	-5.64 Million	-3.54 Million	-5.16 Million
Earnings Per Share Basic	0.15	-1.00	-	-0.52	-0.30	-0.44
Earnings Per Share Diluted	0.15	-1.00	-	-0.52	-0.30	-0.44
Weighted Average Shares Outstanding	9.53 Million	9.67 Million	11.34 Million	10.9 Million	11.63 Million	11.63 Million
Weighted Average Shares Outstanding (Diluted)	9.53 Million	9.67 Million	11.34 Million	10.9 Million	11.63 Million	11.63 Million
Gross Margin	-	-	-	-	1.00	-
EBIT Margin	-	-	-	-	-0.02	-
Profit Margin	-	-	-	-	-0.23	-
EBITDA	-1 Million	-860.77 Thousand	-	-1.28 Million	-345.97 Thousand	-543.04 Thousand
Earnings Before Tax Margin	-	-	-	-	-0.02	-