Monterey Capital Acquisition Corporation

Monterey Capital Acquisition Corporation

MCACU
Monterey Capital Acquisition CorporationUS flagNASDAQ Global Market
5.22
USD
-3.28
- -
33.44MMarket Cap
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
-4
-15
-24
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
Working Capital
- -
-2
-7
-9
LT Debt
- -
- -
- -
- -
Total Equity
- -
86
50
40
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-22.05
-38.29

Capital Structure

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
ST Debt
1
1
2
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
10
10
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
6
7
9
Payables & Accruals
3
3
4
ST Debt
1
1
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-41.89%
Free Cash Flow
- -
- -
292.43%
Net Income, GAAP
- -
- -
297.04%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Bala Padmakumar
Full Time Employees
3
Sector
Financial Services
Industry
Shell Companies
Address
419 Webster Street Monterey CA United States of America 93940
IPO Date
May 11, 2022
Business
Monterey Capital Acquisition Corporation (NASDAQ: MCACU) is a blank check company formed in 2021 and headquartered in Monterey, California; it pursues mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations with one or more businesses, with an initial focus on the clean energy transition sector including generation, storage, transport, chemistries and semiconductor technologies. The company offers no operational products or services of its own but provides a public listing vehicle through its units comprising Class A common stock, redeemable warrants exercisable at $11.50 per share, and rights to one-tenth of a Class A share upon business combination completion; it raised $92 million in its May 2022 initial public offering underwritten by EF Hutton. In July 2024, Monterey completed a reverse merger with ConnectM Technology Solutions, Inc., a provider of AI-driven electrified energy solutions for residential, light commercial buildings and all-electric OEMs, resulting in the combined entity operating as ConnectM and trading under the ticker CNTM on Nasdaq from July 15, 2024, with former CEO Bala Padmakumar joining as Vice Chairman. The company maintains its base at 419 Webster Street, Monterey, California, and targets high-growth opportunities in the global clean transition economy while complying with Nasdaq listing requirements post-merger.

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