X2M Connect Limited

X2M

AU0000168676

IT Services & Consulting

Market Closed - Australian S.E. Other stock markets 05:16:06 16/05/2024 BST			5-day change	1st Jan Change
0.043 ^AUD	+19.44%		+7.50%	+7.50%

04-10	X2M Connect Secures AU$2.3 Million Project in Taiwan	MT
03-26	X2M Connect Wins AU$1 Million Water Quality Sensors Order in China	MT

Greenrock Energy Co., Ltd entered into a binding agreement to acquire 15.7% stake in X2M Connect Limited for AUD 1.3 million.

January 28, 2024

Greenrock Energy Co., Ltd entered into a binding agreement to acquire 15.7% stake in X2M Connect Limited (ASX:X2M) for AUD 1.3 million on January 29, 2024. As a result of another parallel transaction, Transaction is expected to be completed on January 31, 2024.

Latest news about X2M Connect Limited

X2M Connect Secures AU$2.3 Million Project in Taiwan	04-10	MT
X2M Connect Wins AU$1 Million Water Quality Sensors Order in China	03-26	MT
X2M Connect Limited Reports Earnings Results for the Half Year Ended December 31, 2023	02-28	CI
X2M Connect Enters into Binding Agreement with GreenRock Energy	01-29	MT
X2M Connect Limited announced that it expects to receive $1.3 million in funding from Black Rock Mining Limited	01-28	CI
Greenrock Energy Co., Ltd entered into a binding agreement to acquire 15.7% stake in X2M Connect Limited for AUD 1.3 million.	01-28	CI
X2M Connect Raising AU$1.5 Million, Signs MoU for Energy Management Platform	12-06	MT
45,669,261 Ordinary Shares of X2M Connect Limited are subject to a Lock-Up Agreement Ending on 22-SEP-2023.	21/09/23	CI
17,880,800 Options of X2M Connect Limited are subject to a Lock-Up Agreement Ending on 22-SEP-2023.	21/09/23	CI
X2M Connect Secures Repeat Order for Water Monitoring Services in South Korea	07/09/23	MT
X2M Connect Limited Reports Earnings Results for the Full Year Ended June 30, 2023	29/08/23	CI
X2M Connect Secures AU$1.3 Million in Contracts in China, South Korea; Shares Jump 14%	16/06/23	MT
X2M Connect Raises Funds From Share Purchase Plan; Shares Up 6%	18/05/23	MT
X2M Connect Secures AU$1.3 Million Contracts in South Korea; Shares Up 4%	03/05/23	MT
X2M Connect Extends Closing Date of Share Purchase Plan	02/05/23	MT
X2M Connect Completes Share Placement; Launches Share Purchase Plan	17/04/23	MT
X2M Connect Halts Trade Pending Capital Raising Announcement	13/04/23	MT
X2M Connect Nabs AU$1.8 Million in China Contracts	27/03/23	MT
X2M Connect Limited Announces the Signing of Three New Contracts with LianQing in China	26/03/23	CI
X2M Connect Limited agreed to acquire THREE NEW CONTRACTS WITH LIANQING IN CHINA for approximately AUD 1.8 million.	26/03/23	CI
X2M Connect Limited Announces Board Changes	17/03/23	CI
X2M Connect Limited Secured New Contracts and Extensions to Existing Contracts in South Korea	13/03/23	CI
X2M Connect Limited Reports Earnings Results for the Half Year Ended December 31, 2022	28/02/23	CI
X2M Connect Limited Provides Revenue Guidance for the Fiscal Year 2023	28/09/22	CI
X2M Connect Limited Auditor Raises 'Going Concern' Doubt	27/09/22	CI

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Company Profile

X2M Connect Limited is an Australia-based technology company. The Company has developed and commercialized a patented Internet of Things (IoT) solution, which delivers productivity improvements, cost savings, and public safety to enterprise and government clients in the utilities sector. The Companyâs technology connects devices, such as water, gas, and electricity meters, and other utility sensors, to the Internet, enabling data exchange and the remote control of these devices. The Company sells hardware and monthly subscription fees under software-as-a-service arrangement. It has approximately 390,000 devices connected to its IoT platform and distributed intelligence solution, which provides real-time information and control to a steadily increasing customer base operating over multiple radio technologies. The Company is focused on servicing the utility sector in the Asia-Pacific region, where it has a number of government and enterprise customer relationships already in place.

Sector

IT Services & Consulting

Calendar

27/08/2024 - Q4 2024 Earnings Release (Projected)

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Sector Other IT Services & Consulting

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Other IT Services & Consulting

X2M Connect Limited

Equities

X2M

AU0000168676

IT Services & Consulting

Greenrock Energy Co., Ltd entered into a binding agreement to acquire 15.7% stake in X2M Connect Limited for AUD 1.3 million.

Latest news about X2M Connect Limited

Chart X2M Connect Limited

Company Profile

Income Statement Evolution

Annual profits - Rate of surprise

Sector Other IT Services & Consulting