ConnectM Secures Transformative Master Services Agreement With Devlin Energy; Expected To Add $20M+ In Revenue In Next Twelve Months
ConnectM Secures Transformative Master Services Agreement With Devlin Energy; Expected To Add $20M+ In Revenue In Next Twelve Months
~ Expected to Add $20+ Million in Revenue in Next Twelve Months ~
~ 預計在未來十二個月內將增加2000萬美元以上的營業收入 ~
~ Completed MSA and Pipeline of MSAs Unique to ConnectM's Growth Strategy, Offers Topline Growth and Profitability at an Accelerated Pace ~
~ 完成MSA和ConnectM獨特的增長策略管道,以加快速度提供業務和盈利能力 ~
MARLBOROUGH, Mass., Oct. 01, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today announced it has entered into a Master Services Agreement (the "MSA") with Devlin Contracting and Maintenance, Inc. doing business as Devlin Energy, a business dedicated to renewable energy and solar installations within New England. This arrangement materially expands ConnectM's business portfolio mix and revenue generation with an array of residential and commercial solar installation and battery storage capabilities.
馬塞諸塞州馬爾堡,2024年10月01日(環球新聞社) - Connectm科技解決方案公司(納斯達克代碼:CNTM)("ConnectM"或"公司"),一家專注於電氣化經濟的科技公司,今天宣佈已與Devlin承包和維護有限公司達成了主服務協議("MSA"),該公司經營以Devlin Energy(一家專注於新英格蘭地區可再生能源和太陽能安裝的業務)名義進行業務。這一安排通過提供一系列的住宅和商業太陽能安裝和電池存儲技能,從根本上擴大了ConnectM的業務組合和營收來源。
Under the terms of the MSA, on or before September 30, 2025, ConnectM has the option to acquire Devlin Energy at a valuation of $39.0 million based upon Devlin Energy attaining certain Revenue and Net Income thresholds as outlined below:
根據MSA的條款,在2025年9月30日或之前,Connectm有權以3900萬美元的估值收購Devlin Energy,前提是Devlin Energy實現了以下所述的一定營業收入和淨利潤門檻:
- October 1, 2024 – September 30, 2025: Revenue $21 million, Net Income: $3.0 million
- October 1, 2025 – September 30, 2026: Revenue $45 million, Net Income: $6.6 million
- October 1, 2026 – September 30, 2027: Revenue $63 million, Net Income: $11.5 million
- October 1, 2027 – September 30, 2028: Revenue $82 million, Net Income: $16.2 million
- October 1, 2028 – September 30, 2029: Revenue $108 million, Net Income: $22.5 million
- 2024年10月1日 - 2025年9月30日:營業收入 2100萬美元,淨利潤:300萬美元
- 2025年10月1日 - 2026年9月30日:營業收入 4500萬美元,淨利潤:660萬美元
- 2026年10月1日 - 2027年9月30日:營業收入 6300萬美元,淨利潤:1150萬美元
- 2027年10月1日 - 2028年9月30日:營業收入 8200萬美元,淨利潤:1620萬美元
- 2028年10月1日至2029年9月30日:營業收入10800萬美元,淨利潤:2250萬美元
譯文內容由第三人軟體翻譯。