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How Will X2M’s $3M Raise Propel Its Expansion into Japan and Australia?

8:54am on Friday 27th of February, 2026 AEDT Technology
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How Will X2M’s $3M Raise Propel Its Expansion into Japan and Australia?

8:54am on Friday 27th of February, 2026 AEDT
Key Points
  • Two-tranche placement raising $3 million, with $1.52 million completed
  • Strong H1 FY26 results: 45% revenue growth, 35% gross profit increase
  • Expansion plans into Japanese and Australian water markets
  • Debt reduced from $7.2 million to approximately $602,000
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