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How Is X2M Connect Turning Revenue Growth into Profitability Gains?
8:34am on Wednesday 25th of February, 2026 AEDT
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How Is X2M Connect Turning Revenue Growth into Profitability Gains?
8:34am on Wednesday 25th of February, 2026 AEDT
Key Points
Revenue up 45% to $4.9 million, led by South Korea and new Asian markets
Adjusted EBITDA loss improved 10% to $1.23 million
Net loss increased slightly to $3.25 million, including $1.2 million impairment charge
South Korea segment turned profitable with key water digitisation and public safety contracts
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X2M CONNECT (ASX:X2M)
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