company background image
X2M logo

X2M Connect ASX:X2M Stock Report

Last Price

AU$0.051

Market Cap

AU$15.9m

7D

0%

1Y

-32.0%

Updated

26 Apr, 2024

Data

Company Financials

X2M Stock Overview

X2M Connect Limited, a technology company, provides Internet of Things technology for the utility sector in the Asia-Pacific.

X2M fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

X2M Connect Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for X2M Connect
Historical stock prices
Current Share PriceAU$0.051
52 Week HighAU$0.079
52 Week LowAU$0.035
Beta0.69
1 Month Change21.43%
3 Month Change27.50%
1 Year Change-32.00%
3 Year Changen/a
5 Year Changen/a
Change since IPO-81.11%

Recent News & Updates

Sentiment Still Eluding X2M Connect Limited (ASX:X2M)

Dec 26
Sentiment Still Eluding X2M Connect Limited (ASX:X2M)

Recent updates

Sentiment Still Eluding X2M Connect Limited (ASX:X2M)

Dec 26
Sentiment Still Eluding X2M Connect Limited (ASX:X2M)

Investors Give X2M Connect Limited (ASX:X2M) Shares A 27% Hiding

Jun 08
Investors Give X2M Connect Limited (ASX:X2M) Shares A 27% Hiding

Shareholder Returns

X2MAU ElectronicAU Market
7D0%-0.5%0.4%
1Y-32.0%39.9%6.0%

Return vs Industry: X2M underperformed the Australian Electronic industry which returned 39.9% over the past year.

Return vs Market: X2M underperformed the Australian Market which returned 6% over the past year.

Price Volatility

Is X2M's price volatile compared to industry and market?
X2M volatility
X2M Average Weekly Movementn/a
Electronic Industry Average Movement9.2%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

Stable Share Price: X2M's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine X2M's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
201956Mohan Jesudasonx2mconnect.com

X2M Connect Limited, a technology company, provides Internet of Things technology for the utility sector in the Asia-Pacific. It offers gas and water monitor and control, and energy monitoring and optimization devices, as well as data delivery devices for artificial intelligence and data analytics applications. The company was incorporated in 2019 and is headquartered in Mount Waverley, Australia.

X2M Connect Limited Fundamentals Summary

How do X2M Connect's earnings and revenue compare to its market cap?
X2M fundamental statistics
Market capAU$15.94m
Earnings (TTM)-AU$6.85m
Revenue (TTM)AU$14.54m

1.1x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
X2M income statement (TTM)
RevenueAU$14.54m
Cost of RevenueAU$15.53m
Gross Profit-AU$998.45k
Other ExpensesAU$5.86m
Earnings-AU$6.85m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.022
Gross Margin-6.87%
Net Profit Margin-47.16%
Debt/Equity Ratio-525.1%

How did X2M perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.