X2M concludes FY22 with 82% growth in revenues
Highlights:
- Q4 revenues of $4.3 million1, up 169% on previous corresponding period (pcp)
- Total revenues for the year ended 30 June 2022 were $10.4 million, up 82% on pcp
- Connected devices at 30 June 2022 were 245,265, up 99% on pcp
- Enterprise/government customers increased to 46, up 35% on pcp
- X2M is well positioned for FY23 with contracted revenues already at $9.6 million
Australian Internet of Things (IoT) technology company X2M Connect Limited (ASX:X2M) (“X2M” or “the Company”) is pleased to provide its Quarterly Activity Report and Appendix 4C for the period ended 30 June 2022 (Q4 FY22) along with the operational updates.
To continue reading select the link to ASX report: Quarterly Activity Report and Appendix 4C Quarter ended 30 June 2022
