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X2M CONNECT POSTS STRONG Q3 FY22 RESULTS

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

X2M posts strong Q3 FY22 results

  • Q3 Revenue: $1.5m, up 68% on previous corresponding period (pcp)
  • Q1-Q3 Total Revenue: $6.1m, up 49% on pcp
  • Q1-Q3 Total Revenue exceeds FY21 full year revenue of $5.7m
  • Contracted revenue for recognition in coming months at $3.8m
  • Enterprise/government customers: 44, up 29% on 31 March 2021
  • Connected devices: 196,037, up 87% on 31 March 2021

View our investor presentation: Investor Presentation April 2022


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