Aided by two contract wins in China, comprising the acquisition of water quality sensor hardware and related accessories

X2M Connect has secured two contract wins in China valued at approximately A$1 million
This takes the number of contract wins in this all-important Asian market to six
Inclusive of these two new contracts, X2M Connect’s China-based revenues over financial year 2022 (FY22) to date now exceed $2.3m, a figure more than double that reported in financial year 2021 (FY21)
Together with other recognized FY22-to-date revenues, X2M Connect now has contracts in excess of A$9m, after sales of A$4.6 million in the first half of financial year 2022. Australian Internet of Things (IoT) technology company X2M Connect Limited (ASX:X2M) (“X2M” or “the Company”) is pleased to announce that LianQing in China has placed two further contracts with the Company for water quality sensors and related accessories