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X2M Connect Ltd
Level 3
549 Blackburn Rd, Mount Waverley
Phone: +61 800926926p:+61 800926926 MELBOURNE, VIC  3149  Australia Ticker: X2MX2M
Business Summary
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 Company’s 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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20236/30/2023Yes----

Industries
SIC Code Description
7372 Prepackaged software
7374 Computer processing and data preparation and processing services
3577 Computer peripheral equipment, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board AlanStockdale Ao 2/8/2021 2/8/2021
Chief Executive Officer, Managing Director, Executive Director Mohan C.Jesudason 3/17/2023 3/17/2023
Company Secretary OliverCarton 10/1/2021 10/1/2021
Non-Executive Independent Director Damien G.Johnston 2/8/2021 2/8/2021
Non-Executive Independent Director JohnStewart 2/8/2021 2/8/2021

General Information
Outstanding Shares: 228,521,905 (As of 12/31/2023)
Stock Exchange: ASX


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Friday, April 26, 2024