X2M Connect Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Public

  • Employees
  • 21

Employees

  • Stock Symbol
  • X2M

Stock Symbol

  • Investments
  • 1

X2M Connect General Information

Description

X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, Taiwan, and other countries. It derives a majority of revenue from South Korea.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 18-24 Ricketts Road
  • Suite 1.01b, Building B
  • Mount Waverley, Victoria 3149
  • Australia
Primary Industry
Business/Productivity Software
Other Industries
Electronic Equipment and Instruments
Stock Exchange
ASX
Vertical(s)
Corporate Office
  • 18-24 Ricketts Road
  • Suite 1.01b, Building B
  • Mount Waverley, Victoria 3149
  • Australia

X2M Connect Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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X2M Connect Stock Performance

As of 12-Nov-2026, X2M Connect’s current market cap is $5.95M with 2.9B shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$5.95M 2.9B 45.7M

X2M Connect Financials Summary

As of 30-Sep-2026, X2M Connect has a trailing 12-month revenue of null.

In Thousands,
USD
TTM 30-Sep-2026 FY 2026 30-Jun-2026 FY 2025 30-Jun-2025 FY 2024 30-Jun-2024
EV 10,592 4,686 6,944 9,139
Revenue 6,059 4,188 8,771
EBITDA (1,864) (5,940) (2,766)
Net Income (3,564) (8,395) (4,268)
Total Assets 4,014 3,365 9,037
Total Debt 2,398 4,859 2,332
Public Fundamental Data provided by Morningstar, Inc. disclaimer

X2M Connect Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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X2M Connect Patents

X2M Connect Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2012276270-A1 An integration system Active 29-Jun-2011
AU-2012276270-B2 An integration system Inactive 29-Jun-2011
AU-2012276270-B9 An integration system Inactive 29-Jun-2011
AU-2014271225-A1 An integration system Active 29-Jun-2011
AU-2014271225-B2 An integration system Inactive 29-Jun-2011
To view X2M Connect’s complete patent history, request access »

X2M Connect Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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X2M Connect Acquisitions (1)

X2M Connect’s most recent deal was a Merger/Acquisition with Freestyle Technology. The deal was made on 24-Jul-2020.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Freestyle Technology 24-Jul-2020 Merger/Acquisition Business/Productivity Software
To view X2M Connect’s complete acquisitions history, request access »

X2M Connect ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Software & Services

Industry

Rank

Percentile

IT Consulting

Subindustry

Rank

Percentile

To view X2M Connect’s complete esg history, request access »

X2M Connect FAQs

  • When was X2M Connect founded?

    X2M Connect was founded in 2019.

  • Where is X2M Connect headquartered?

    X2M Connect is headquartered in Mount Waverley, Australia.

  • What is the size of X2M Connect?

    X2M Connect has 21 total employees.

  • What industry is X2M Connect in?

    X2M Connect’s primary industry is Business/Productivity Software.

  • Is X2M Connect a private or public company?

    X2M Connect is a Public company.

  • What is X2M Connect’s stock symbol?

    The ticker symbol for X2M Connect is X2M.

  • What is the current market cap of X2M Connect?

    The current market capitalization of X2M Connect is $5.95M.

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