ConnectM (CNTM) Technology Solutions reported that its common stock has commenced trading on the OTCQB Venture Market, marking a key step toward relisting. Revenue Growth: Q2 2025 revenue increased approximately 70% year-over-year to $8.5 million; first-half 2025 revenue rose approximately 69% to $17.5 million. Debt Reduction: The Company retired approximately $13.2 million in liabilities in Q2 2025 and approximately $15.8 million across the first half of 2025. Lower Interest Expense: Interest expense declined 84.1% year-over-year in Q2 2025 and 48.3% in the first half of 2025, primarily due to prior debt conversions. The Company expects continued revenue momentum in the second half of 2025, supported by order backlog, organic expansion initiatives, and synergies from recent acquisitions. In addition to driving integration benefits, ConnectM intends to pursue high-growth opportunities through targeted mergers and acquisitions designed to broaden its service offerings, expand into strategic geographies, and accelerate platform scale. Company management remains focused on disciplined expense management, operating leverage, and balance-sheet improvements.
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