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X2M Connect Limited (X2M.AX)
AUD0.01
+0.00 (+0.00%)
AU ASX Technology Hardware, Equipment & Parts
Address
18-24 Ricketts Road 3149
Mount Waverley, VIC, AU
Mount Waverley, VIC, AU
CEO
Mohan C. Jesudason
Website
x2mconnect.com
IPO
2021-09-22
ISIN AU0000168676
Description
Based in Mount Waverley, Australia, X2M Connect Limited is a technology firm that originated in 2019. This company delivers advanced Internet of Things (IoT) solutions tailored for the utility sector throughout the Asia-Pacific. Its proprietary technology establishes internet connectivity between various devices, including critical infrastructure like water meters and gas pressure sensors, thereby enabling seamless data communication and remote operational control.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
AUD0.01
+0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
0.27
Float Shares
485.57M
Free Float %
79.2%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | +0.00% | +25.00% | +0.00% | -50.00% | -37.50% | -73.68% | -90.79% | -98.12% | -98.12% | -98.12% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
0.01
Ratings Trend (MoM)
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
-21.42
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
-
Revenue growth Hardware, Equipment & Parts: +10.0%-51.6% Q4'25: -34.5% (vs Q4'23)
-
EPS growth Hardware, Equipment & Parts: +20.2%-18.6% Q4'25: +75.5% (vs Q4'23)
-
FCF margin FCF growth · Hardware, Equipment & Parts: +27.1%-69.8% Q4'25: +2.0% (vs Q4'23)
-
EBIT margin Hardware, Equipment & Parts: +8.7%-88.7% Q4'25: -41.6% (vs Q4'23)
-
ROIC Hardware, Equipment & Parts: +5.7%— Q4'25: +206.8% (vs Q4'23)
-
Share dilution Hardware, Equipment & Parts: +0.0%+46.3% Q4'25: +305.2% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Hardware, Equipment & Parts: -0.70×-1.55× Q4'25: -0.32× (vs Q4'23)
Valuation Multiples
From
To
Consensus Estimates
| Metric |
Jun 2022 actual |
Jun 2023 actual |
Jun 2024 actual |
Jun 2025 actual |
Jun 2026 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|
| Revenue |
10.39M
est: 10.40M (-0.1%)
|
16.21M
est: 16.20M (+0.1%)
|
13.38M
est: 13.40M (-0.1%)
|
6.47M
est: 49.80M (-87.0%)
|
58.30M
58.30M – 58.30M
+17.1% YoY
|
| EBITDA |
-9.54M
est: -6.72M (-42.0%)
|
-5.26M
est: -10.46M (+49.7%)
|
-4.45M
est: -8.66M (+48.6%)
|
-4.24M
est: -32.17M (+86.8%)
|
-37.66M
-37.66M – -37.66M
-17.1% YoY
|
| EBIT |
-10.49M
est: -7.68M (-36.5%)
|
-6.32M
est: -11.96M (+47.2%)
|
-5.56M
est: -9.89M (+43.8%)
|
-5.74M
est: -36.77M (+84.4%)
|
-43.05M
-43.05M – -43.05M
-17.1% YoY
|
| Net Income |
-10.24M
est: -20.42M (+49.9%)
|
-6.51M
est: -11.78M (+44.7%)
|
-6.51M
est: -4.64M (-40.4%)
|
-12.11M
est: 8.57M (-241.3%)
|
9.99M
9.99M – 9.99M
+16.7% YoY
|
| SGA |
7.44M
est: 4.94M (+50.5%)
|
6.66M
est: 7.70M (-13.6%)
|
6.28M
est: 6.37M (-1.4%)
|
1.71M
est: 23.68M (-92.8%)
|
27.72M
27.72M – 27.72M
+17.1% YoY
|
| EPS |
-0.07
est: -0.06 (-17.5%)
|
-0.03
est: -0.03 (-9.4%)
|
-0.03
est: -0.01 (-105.3%)
|
-0.03
est: 0.02 (-248.2%)
|
0.03
0.03 – 0.03
+16.7% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-27 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-26 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-25 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-21 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-20 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-19 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-18 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-15 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-12 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-11 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-08 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-01 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 1/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
-5.79M
OE per share TTM
-0.02
Owner's Yield
-135.16%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
7.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
This company is not held by any ETF in our universe.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
-106.3K
Shares Outstanding
613.16M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Mohan C. Jesudason | Chief Executive Officer, MD & Director | 421.0K | male |
| Keith Jelley | Chief Operating Officer | 256.9K | male |
| Oliver Carton | Company Secretary | — | male |
| Steve Fang | Managing Director of Taiwan & People's Republic of China | — | male |
| Yongsun Kim | Managing Director of South Korea | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
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Community Opinion for X2M.AX
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
