We feel now is a pretty good time to analyse X2M Connect Limited’s (ASX:X2M) business as it appears the company may be on the cusp of a considerable accomplishment. X2M Connect Limited, a technology company, provides Internet of Things business technology for the utility sector in the Asia-Pacific. On 30 June 2022, the AU$15m market-cap company posted a loss of AU$10m for its most recent financial year. Many investors are wondering about the rate at which X2M Connect will turn a profit, with the big question being “when will the company breakeven?” In this article, we will touch on the expectations for the company’s growth and when analysts expect it to become profitable.
Read the article and other views Simply Wall St has at the following link. Simply Wall St article on X2M Connect