Latest Water Metering News

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.

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.

X2M Connect has secured over half a million Australian dollars in new and repeat water digitisation contracts in South Korea, driving strong early revenue growth in FY26. These deals expand the company’s footprint across thousands of households and highlight growing government adoption of IoT solutions.

Treasury Wine Estates reported robust fiscal 2025 results driven by luxury wine growth and acquisitions, yet has downgraded its fiscal 2026 earnings outlook due to weakening demand in China and distribution disruptions in California.

X2M Connect has secured a significant contract to digitise water meters for 6,750 Seoul households, marking a key step in the city's ambitious A$240 million smart metering initiative.

X2M Connect reports a 43% revenue decline in FY25 but improves gross margins and expands into the Middle East and renewable energy sectors, setting a positive outlook for FY26.

X2M Connect reports improved revenue trends and a strengthened balance sheet after securing $5.5 million in new contracts, positioning the company for growth in FY26. A recent capital raise aims to reduce debt and fund expansion in key markets.

X2M Connect Limited has secured over $5.5 million in new South Korean contracts for remote water metering, signaling strong momentum heading into FY26. The company’s expanding customer base and addressable market highlight its growing influence in the Asia-Pacific IoT sector.

Simble Solutions Limited reported solid operational progress in 2024, expanding its customer base and partnerships across Australia and the UK while advancing into renewable energy development. The company’s strategic moves position it well for growth in the evolving energy and sustainability sector.

Simble Solutions reported a 39% rise in customer cash receipts for Q1 FY25 and strengthened its market position through strategic partnerships and renewable energy initiatives.