ConnectM Technology Solutions Inc. reported a 45.0% increase in revenue for the third quarter of 2025, with continued growth in its Logistics and Owned Service Network segments. Selling, general and administrative expenses rose by 31.0% to approximately $5.7 million. The company reported a net loss of about $1.0 million for the quarter, a reduction from the net loss of $9.9 million in the same period in 2024. As of September 30, 2025, cash on hand was approximately $2.2 million. During 2025, ConnectM resolved or restructured over $10.0 million of obligations and reduced the fair value of convertible debt by more than half compared to year-end 2024 levels. The company is investing in platforms such as Keen Labs, Geo Impex, and Amperics.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ConnectM Technology Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-113152), on November 17, 2025, and is solely responsible for the information contained therein.
Comments