X2M Connect

Mount Waverley, Australia Founded: 2020 • Age: 6 yrs
Cloud-based smart metering solutions for utilities are provided.
Annual revenue $4.2M Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About X2M Connect

X2M Connect is a company based in Mount Waverley (Australia) founded in 2020. X2M Connect offers products and services including IoT Platform and Distributed Intelligence Solution. X2M Connect operates in a competitive market with competitors including GeoDigital, Trilliant, Everactive, Volue and Verdigris, among others.

  • Headquarter Mount Waverley, Australia
  • Stage Public
  • Sectors
    Energy & Utilities
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name X2m Connect Limited
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.22 M (USD)
    -51.64
    as on Jun 30, 2025
  • Net Profit
    -$7.91 M (USD)
    -85.91
    as on Jun 30, 2025
  • EBITDA
    -$2.99 M (USD)
    -0.52
    as on Jun 30, 2025
  • Latest Funding Round
    $1.4 M (USD), Post-IPO

    Jul 24, 2026

  • Investors
    Not available
  • Employee Count
    Not available
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IPO & Listings of X2M Connect

X2M Connect is a publicly listed company on the ASX with ticker symbol X2M in Australia, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: ASX · Ticker: X2M · Sector: Technology services · Australia

Products & Services of X2M Connect

X2M Connect offers a comprehensive portfolio of products and services, including IoT Platform and Distributed Intelligence Solution.

Product name locked
Category locked
Primary

Platform for connecting and monitoring utility devices in real time.

Product name locked
Category locked
Locked

Solution for remote reprogramming and control of smart applications.

Funding Insights of X2M Connect

Investments & Acquisitions by X2M Connect

Investments
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Investment portfolio details for X2M Connect

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Financial Statements - X2M Connect

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X2m Connect Comparisons

X2M Connect Primary company
Description
Cloud-based smart metering solutions for utilities are provi...
Location
Mount Waverley, Australia
Founded Year
2020
Annual Revenue
$4.22 M (USD)
Net Profit
-$7.91 M (USD)
EBITDA
-$2.99 M (USD)
Employees
Not available
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Peer comparison for X2M Connect

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Competitors of X2M Connect

X2M Connect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GeoDigital, Trilliant, Everactive, Volue and Verdigris, among others.

Company Name Domain Founded year HQ Location Description
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Provider of 3D data of remote sensor, and spatial intelligence technologies
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Provider of communication systems and software platforms for smart grid applications
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IoT-based energy harvesting solutions for enterprises are provided.
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Solutions for portfolio and project management are provided.
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AI and SaaS-driven energy analytics platform for the management of facilities and commercial buildings
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Digital twin solutions for power transmission are developed for utilities.
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Detailed competitors of X2M Connect

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Latest news on X2m Connect

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Frequently Asked Questions about X2M Connect

X2M Connect was founded in 2020 and raised its 1st funding round 4 years after it was founded.

X2M Connect is headquartered in Mount Waverley, Australia. It is registered at Mount Waverley, Victoria, Australia.

Annual revenue of X2M Connect is $4.22M as on Jun 30, 2025.

Provider of cloud-based smart metering solutions. It offers smart metering solutions for utilities like water, electricity, and gas. Its offering includes IoT sensors, communication gateways, and a cloud-based platform for remote metering and management. It enables the real-time collection, transmission, analysis, and processing of data on usage and theft, automated billing and communication to end-users. It caters to property owners and local government bodies.

X2M Connect's top competitors include GeoDigital, Verdigris and Neara.

X2M Connect offers IoT Platform and Distributed Intelligence Solution.

Yes, X2M Connect is publicly traded on ASX under the ticker symbol X2M.

The ticker symbol of X2M Connect is X2M on ASX.

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