Latest X2M Connect (ASX:X2M) News

X2M Connect accelerated revenue growth in Q3 FY26 with a 67% increase, driven by strong demand in South Korea and new Australian smart community deals. The company’s capital raise and expanding customer base underpin its push into new markets despite ongoing cash burn.

Small-cap tech money chased clear revenue stories, AI products and contract wins this week. The biggest moves came from Xref and ION Video, while BluGlass fell after tapping investors for fresh cash.

X2M Connect has secured a new Smart Community Agreement for 800 homes in Victoria’s Glanmire Park estate, adding an estimated $1.6 million revenue opportunity to its growing Australian smart community pipeline.

A brutal sell-off in PEXA swamped an otherwise upbeat week for small-cap tech, where contract wins and product launches did the heavy lifting. RocketBoots led the gainers as investors paid up for near-term rollout revenue, while Adveritas rallied on a big push into self-serve SME sales.

X2M Connect has inked a binding agreement to deploy its Smart Energy solution across a 1,000-lot residential estate in Victoria, unlocking a potential $2 million revenue opportunity and setting the stage for broader expansion.

One microcap exploded higher on a tiny capital raise, while several software names were sold hard despite reporting growth. The week split cleanly between “cash in the bank” stories and “still burning cash” worries.

X2M Connect Limited has secured a $3 million capital raise to fund expansion into new markets and reduce debt, following a robust first half of FY26 marked by significant revenue and profit growth.

Big moves came from disclosure drama, CEO change news, and one standout software upgrade. While several stocks jumped on results, a few gaps couldn’t hold as traders sold into early strength.

X2M Connect Limited reported a robust first half of FY26 with a 45% revenue increase and significant contract wins in Asia, positioning the company for sustained growth.

A handful of small caps ripped higher, but plenty still slipped even after good news. This week’s biggest moves came from a platform partnership win, a reinstated stock, and a cash settlement that removed a long-running dispute.

X2M Connect Limited reported a robust second quarter for FY26, with revenues climbing 65% and a notable narrowing of EBITDA losses, driven by strategic expansions in South Korea, Japan, and beyond.

X2M Connect has secured a software development contract with Azbil Kimmon to digitise Japan’s vast water meter infrastructure, marking a strategic expansion beyond its existing gas monitoring services.