middle.news
How Is X2M Turning a Revenue Slump into Growth in AI and Middle East Markets?
2:22am on Saturday 30th of August, 2025 AEST
•
Technology
Read Story
How Is X2M Turning a Revenue Slump into Growth in AI and Middle East Markets?
2:22am on Saturday 30th of August, 2025 AEST
Key Points
Revenue down 43% to $6.5 million due to market slowdown and exit from low-margin hardware sales
Gross profit margin improved to 47% driven by SaaS and maintenance revenue growth
China operations discontinued; Middle East market entered via 10-year licensing deal
Operating expenses reduced by 14%, enterprise/government customers increased 12%
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
X2M Connect (ASX:X2M)
OPEN ARTICLE