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X2M CONNECT HAS DELIVERED STRONG H1 FY22 GROWTH

Growth in revenues, connected devices, enterprise and government customers and subscription revenues

X2M posts strong H1 FY22 results

  • Revenue: $4.6m, up 44% on pcp
  • Enterprise/government customers: 42, up 35% on 31 December 2020
  • Customer churn: Zero
  • Connected devices: 181,102, up 101% on 31 December 2020
  • Contracted revenue for recognition post 30 June 2021 currently at $9m
  • Energy management solution validated in Taiwan

View our investor presentation: Investor Presentation February 2022


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