X2M Connect delivers strategic transformation in FY25 with SaaS focus and global expansion

Businessperson holding a seedling in soil, symbolising X2M Connect growth strategy

X2M Connect has posted its FY25 preliminary financial results. We progressed our strategic transformation in FY25, exiting low-margin hardware only sales, shifting toward high-margin SaaS and maintenance services and expanding our footprint into high-growth markets. Contracts slated for delivery in 1H FY26, together with our recurring SaaS revenue, have now surpassed FY25’s full-year revenue, positioning us exceptionally well for growth. Exciting times ahead. Select to read the full

Stockhead report

.