CNTM (ConnectM Technology Solutions) Net Margin % : -201.48% (As of Sep. 2024)

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What is ConnectM Technology Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ConnectM Technology Solutions's Net Income for the three months ended in Sep. 2024 was $-12.24 Mil. ConnectM Technology Solutions's Revenue for the three months ended in Sep. 2024 was $6.07 Mil. Therefore, ConnectM Technology Solutions's net margin for the quarter that ended in Sep. 2024 was -201.48%.

The historical rank and industry rank for ConnectM Technology Solutions's Net Margin % or its related term are showing as below:

CNTM' s Net Margin % Range Over the Past 10 Years
Min: -113.54 Med: -51.13 Max: -22.93
Current: -113.54

CNTM's Net Margin % is ranked worse than
90.38% of 2744 companies
in the Software industry
Industry Median: 2.56 vs CNTM: -113.54

ConnectM Technology Solutions Net Margin % Historical Data

The historical data trend for ConnectM Technology Solutions's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ConnectM Technology Solutions Net Margin % Chart

ConnectM Technology Solutions Annual Data

Trend

Dec21

Dec22

Net Margin %

-79.32

-22.93

ConnectM Technology Solutions Quarterly Data
	Dec21	Sep22	Dec22	Jun23	Sep23	Mar24	Jun24	Sep24
Net Margin %	Get a 7-Day Free Trial			-	-59.47	-45.28	-	-201.48

Competitive Comparison of ConnectM Technology Solutions's Net Margin %

For the Software - Application subindustry, ConnectM Technology Solutions's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ConnectM Technology Solutions's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, ConnectM Technology Solutions's Net Margin % distribution charts can be found below:

* The bar in red indicates where ConnectM Technology Solutions's Net Margin % falls into.

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ConnectM Technology Solutions Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

ConnectM Technology Solutions's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-3.54	/	15.441
	=	-22.93 %

ConnectM Technology Solutions's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin	=	Net Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	-12.238	/	6.074
	=	-201.48 %

ConnectM Technology Solutions (NAS:CNTM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

ConnectM Technology Solutions Net Margin % Related Terms

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ConnectM Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ConnectM Technology Solutions Inc (NAS:CNTM) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Mount Royal Avenue, Suite 550, Marlborough, MA, USA, 01752

Website

https://www.connectm.com

ConnectM Technology Solutions Inc is a clean energy technology and solutions provider. The company provides residential and light commercial buildings and all-electric original equipment manufacturers (OEMs) with a proprietary digital platform to accelerate the transition to solar and all-electric heating, cooling and transportation. The group makes electrification more user-friendly, affordable, precise, and socially meaningful by combining technology, data, artificial intelligence, and contemporary design. In addition to its vertically integrated service network, ConnectM offers customers a comprehensive technology stack that enables them to reduce their fossil fuel consumption, lower their energy bills, and decrease their carbon footprint.