ConnectM reported $35.8M in FY2025 revenue, expanding gross margin to 32% and a pro forma equity turnaround enabling a potential national exchange uplisting.
Key Highlights:
- $35.8M revenue in FY2025; revenue grew 58% YoY and ~85% four-year CAGR, signaling strong top-line momentum.
- Gross margin improved ~600 bps to 32%, with gross profit up 93%, showing expanding profitability.
- Net loss narrowed 29% to $16.1M from $22.5M, indicating shrinking losses.
- Pro forma stockholders' equity improved from a ~$24M deficit to ~ $22M, with a proposed offering raising pro forma equity to ~$32.1M.
- Completed a share-swap exit from India for 160M Blue Cloud shares (~17.3% post-issue), preserving data rights and simplifying operations.
Original SEC Filing:
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