X2M continues its growth story in December quarter with major tender wins in
South Korea.
New sales in China and Taiwan as well as strong growth in connected devices in Japan and Korea also achieved.
Highlights:
- Q2 revenues of $3.0 million, up 31% on previous corresponding period (pcp)
- Total revenues for the first half were $4.6 million, up 44% on pcp
- Connected devices at 31 December 2021 were 181,102, up 101% on pcp
- Enterprise/government customers increased to 42, up 24% on pcp
- Cash at bank of $5.1 million as of 31 December 2021
- First half revenues plus contracted revenues already at $8.5m
To read the full report select the link: December Quarterly Report 2021
