Quarterly ResultApr 17, 2026, 06:06 AM
ConnectM Gross Profit Up 93% in FY2025; Targets $75M Revenue FY2026
AI Summary
ConnectM Technology Solutions reported significant financial and operational achievements for fiscal year 2025, including a 93% increase in gross profit. The company is targeting $75 million in revenue and positive EBITDA for fiscal year 2026. Additionally, ConnectM achieved a $25.4 million turnaround in stockholders' equity and launched its Keen Labs AI Platform, now connecting over 130,000 assets.
Key Highlights
- Gross profit grew 93% in fiscal year 2025.
- Targets $75 million revenue for fiscal year 2026.
- Aims for positive EBITDA in fiscal year 2026.
- Achieved $25.4 million stockholders' equity turnaround.
- Launched Keen Labs AI Platform with 130,000+ connected assets.