Thursday, 10 October 2024

Breaking News: ConnectM (Nasdaq: CNTM) Acquires Green Energy Company to Fuel Energy Efficiency Solutions

New Exclusive “Ultra Low-Float” Profile Announced!


ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) Needs to be on Your Watchlist This Morning! 


ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) Comes Backed with Several Potential Catalysts Including:


Ultra-Low Float & Insider Ownership: Only 1.23M shares available to the public, with 37% insider ownership, making shares more sensitive to changes in demand!


Recent Market Recognition: In August 2024, (CNTM) experienced a 174% move in just over a week, rising from $.671 to $1.84, showing potential for significant price swings!


Trending Above Key Moving Averages: (CNTM) is trending above its 5-Day, 20-Day, and 50-Day moving averages, signaling a bullish trend. There is still significant room for upward movement toward the 100-Day and 200-Day moving averages!


Massive Addressable Market: Operating within a $2T U.S. energy expenditure market, (CNTM) is positioned to drive innovation through its AI-driven Energy Intelligence Network!


Proven Platform with Tangible Impact: Serving 66,000 customers and integrating with 25 OEMs, (CNTM)’s platform electrifies 78 MW of energy daily, sequesters 60 metric tons of CO2, and eliminates 9,980 gallons of fossil fuel consumption!


Strategic Growth through Partnerships: Recently secured a Master Services Agreement with Devlin Energy, expected to add $20M+ in revenue over the next year, with an option to acquire Devlin Energy by 2025!


Strong Fiscal Growth: (CNTM)’s asset-light, capital-efficient model grew revenue from $2M in 2020 to $20M in 2023, earning it a spot on the Inc. 5000 list with 1,200% revenue growth from 2021 to 2023!


Make sure ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) is on Your Watchlist This Morning!






October 10, 2024



Dear Reader,


ConnectM (Nasdaq: CNTM) has just announced the acquisition of Green Energy Gains Inc. (GEG), marking the second strategic move since its public listing in July 2024. 


This acquisition significantly expands ConnectM’s customer base for its proprietary electric heat pumps, driven by Green Energy Gains' strong track record in home energy assessments (HEA) and weatherization services. 


With a 65% conversion rate from HEA consultations to heat pump adoption, this deal accelerates ConnectM's growth in the electrification sector. 


The partnership not only enhances their M&A strategy but also opens doors for long-term distribution channels and potential Master Service Agreements.


See Full Story Here.



Coming off our recent low float tech profile that moved approximately 226% in just around 3 sessions we need to turn our attention to another emerging sector.

It’s time to keep a close eye on ConnectM Technology Solutions, Inc. (Nasdaq: CNTM), a company that could be a game-changer in the electrification economy. 


With an ultra-low float of just 1.23M shares available to the public and significant insider ownership of over 37%, (CNTM) presents us with a very interesting situation. 


Its current market cap of under $29M suggests it has a higher potential for growth, especially when compared to mid-cap or large-cap companies.


Recent Market Recognition


ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) has shown remarkable market recognition recently, moving approximately 174% in August 2024. Starting from $.671 on 8/5 and reaching $1.84 on 8/14, (CNTM) has demonstrated the potential for breakouts.

As of now, its shares are trading above several key moving averages (5-Day, 20-Day, and 50-Day), signaling a potential bullish trend.


Here’s a look at the current moving averages:

  • 5-Day: $1.0394
  • 20-Day: $1.0991
  • 50-Day: $1.0376
  • 100-Day: $4.8097
  • 200-Day: $7.849


With significant room between its current price and the longer-term 100-Day and 200-Day moving averages, the potential for continued growth is there.


Accelerating the Transition to an All-Electric and Net Zero Carbon Future


ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) is on a mission to drive the electrification economy forward by providing clean, reliable, and affordable energy solutions for homes, businesses, and transportation. 


The company’s AI-enabled Energy Intelligence Network Platform serves all-electric OEMs, distributors, and service providers, delivering a powerful IoT platform that streamlines the installation, repair, and servicing of electric equipment. 


ConnectM Technology Solutions, Inc. (Nasdaq: CNTM)’s technology ensures maximum customer lifetime value through automation, while also supporting the growing demand for electrification and decarbonization.


Large Market and Proven Platform

With a $2T U.S. residential and commercial energy expenditure market, ConnectM Technology Solutions (CNTM) is tapping into a massive industry ripe for innovation. The company's proven platform supports 66,000 customers and integrates with 25 white-label OEMs. Every day, ConnectM’s platform:

  • Electrifies 78 MW of energy, replacing fossil fuels
  • Sequesters 60 metric tons of CO2
  • Eliminates 9,980+ gallons of fossil fuel by running 224,349 green miles



These impressive results highlight the substantial impact ConnectM Technology Solutions (CNTM) is making in the clean energy space.


A Transformative Partnership: Master Services Agreement with Devlin Energy


Recently, ConnectM Technology Solutions (CNTM) announced it had secured a Master Services Agreement (MSA) with Devlin Energy, the leading solar and battery retrofit installer in New England. 


This partnership is expected to add $20M+ in revenue over the next 12 months and positions ConnectM for further growth. 


The MSA also includes an option for ConnectM to acquire Devlin Energy by September 30, 2025, a strategic move that could bolster its revenue stream and expand its footprint in the renewable energy market.


Addressing Complex Electrification Challenges

Electrification is often a complex process that can result in fragmented customer experiences, with multiple service providers and disconnected systems. 


ConnectM Technology Solutions (CNTM)’s Energy Intelligence Network addresses these challenges by offering a centralized platform that integrates planning, rebates, financing, and energy efficiency solutions, all while reducing customer energy costs by 40%+ and carbon footprints by 75%+.


Asset-Light Model with High Growth Potential


ConnectM operates with an asset-light and capital-efficient model, allowing the company to scale quickly while maintaining high returns on invested capital. The company's revenue has grown from $2M in 2020 to $20M in 2023, thanks to organic growth and acquisitions. 


As recognized by Inc. 5000, ConnectM ranks among America's fastest-growing private companies, with revenue growth exceeding 1,200% between 2021 and 2023.


Significant Environmental Impact

The environmental impact of ConnectM's solutions is both tangible and impressive. As of June 30, 2024, the company has:


  • Saved 87 GWh of energy
  • Sequestered 61,584 metric tons of CO2
  • Saved over 3 mil-lion gallons of fuel


These figures demonstrate ConnectM's commitment to sustainability and its role in driving the transition to a net-zero carbon economy.


A Unified Platform for Electrification and Decarbonization


ConnectM’s Energy Intelligence Network provides an integrated, AI-driven platform that simplifies the electrification process. 


Customers benefit from a single app-based interface, smart dashboards, and streamlined service delivery, all aimed at improving energy efficiency and reducing emissions. 


The platform’s scalability and proven reliability make it a standout solution in the industry, with over 10 patents granted and stringent security measures in place.


7 reasons why ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) needs to be on your watchlist this morning…


1. Ultra-Low Float and Insider Ownership: With only 1.23M shares available to the public and 37% insider ownership, the share structure creates a situation where supply is limited, making shares more sensitive if demand begins to change.


2. Recent Market Recognition: In August 2024, (CNTM) saw an approximate 174% move within just over a week. Shares went from $.671 to $1.84, demonstrating its potential for significant swings.


3. Trending Above Key Moving Averages: (CNMT) is trending above its 5-Day, 20-Day, and 50-Day moving averages, which signals the potential for a bullish trend. The significant gap between the current range and the 100-Day and 200-Day moving averages leaves room for further bullish momentum.


4. Massive Addressable Market: (CNTM) operates within a $2T U.S. residential and commercial energy expenditure market, positioning itself to address a vast industry with ripe innovation potential through its AI-driven Energy Intelligence Network.


5. Proven Platform with Tangible Impact: Serving 66,000 customers and integrating with 25 OEMs, ConnectM Technology Solutions (CNTM)’s platform generates impactful results, such as electrifying 78 MW of energy daily, sequestering 60 metric tons of CO2, and eliminating over 9,980 gallons of fossil fuel consumption daily.


6. Strategic Growth through Partnerships: ConnectM Technology Solutions (CNTM) has recently secured a Master Services Agreement with Devlin Energy, expected to add $20M+ in revenue over the next year. This partnership could expand (CNTM)’s footprint in the renewable energy market, with an option to acquire Devlin Energy by 2025.


7. Strong Fiscal Growth: ConnectM Technology Solutions (CNTM)’s asset-light and capital-efficient model has driven rapid revenue growth, increasing from $2M in 2020 to $20M in 2023. Its inclusion in the Inc. 5000 list of fastest-growing companies, with 1,200% revenue growth from 2021 to 2023, highlights its expanding presence and potential.


Start your research on ConnectM Technology Solutions, Inc. (Nasdaq: CNTM)...


With its ultra-low float of just 1.23M shares and 37% insider ownership, ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) needs to be on your watchlist this morning. In August 2024, the company experienced an approximate 174% move in just over a week, showcasing its potential for short-term breakouts. Currently trending above key moving averages, ConnectM has a significant runway ahead of it while it is well below the 100-Day and 200-Day moving averages.


Operating in a $2T U.S. energy market, ConnectM’s AI-driven Energy Intelligence Network delivers real-world impact, serving 66,000 customers, integrating with 25 OEMs, and electrifying 78 MW of energy daily. The recent Master Services Agreement with Devlin Energy, expected to contribute $20M+ in revenue, further strengthens its growth outlook, with an option to acquire Devlin by 2025.


With revenue climbing from $2M in 2020 to $20M in 2023, and a spot on the Inc. 5000 list of America’s fastest-growing companies, ConnectM Technology Solutions, Inc. (Nasdaq: CNTM)’s asset-light and capital-efficient model positions it as a rising force in the electrification and clean energy space.


Keep in mind, ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) has less than 1.3M shares available in its float and it's currently in the $1.16 range.

Sincerely,


Gary Silver

Managing Editor,

MarketCrux

MarketCrux (MarketCrux . com) is owned by Headline Media LLC, a limited liability company. Disclosure: I am not a lice.nsed finan.cial adviser. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. MarketCrux full disclosure is to be read and fully understood before using MarketCrux website, or joining MarketCrux's email or text list. By viewing MarketCrux website and/or reading MarketCrux email or text newsletter you are agreeing to MarketCrux full disclosure which can be read at marketcrux.com/disclaimer



Pursuant to an agreement between Headline Media LLC and TD Media LLC, Headline Media LLC has been hired by TD Media LLC for a period beginning on 10/09/2024 and ending on 10/10/2024 to publicly disseminate information about (CNTM:US) via digital communications. Under this agreement, Headline Media LLC has been paid seven thousand five hundred USD (“Funds”) to disseminate information about (CNTM:US) via digital communications. These Funds were part of the funds that TD Media LLC received from a third party who does not own stock in the issuer. Neither Headline Media LLC, TD Media LLC and their members own shares of (CNTM:US). Please see important disclosure information here: https://marketcrux.com/cntm-disclosure-209/

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