a a a
Panel Background

X2M HAS DELIVERED STRONG YTD MAY FY22 GROWTH IN CONNECTED DEVICES. AND ENTERPRISE AND GOVERNMENT CUSTOMERS

Forecasts strong FY22 growth in revenue

Highlights

X2M’s strong growth continues into Q4 2022

  • Forecast FY22 Revenue: $10.1m, up 77% on previous corresponding period (pcp)
  • 10 contracted deployments in South Korea and in China : approx. $6.1 million in Revenue to be recognised in HFY23
  • Connected devices at 31 May 2021: 223,635, up 94% on pcp
  • Enterprise/government customers at 31 May 2022: 45, up 32% on pcp
  • Customer churn: Zero
  • Australian Energy Management Market entry announced. 1st customer announced

Select the link to learn more: Market Update FY22 a strong year for X2M


Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home/connectx2m/public_html/wp-includes/functions.php on line 5464