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X2M Connect Limited ( (AU:X2M) ) just unveiled an announcement.
X2M Connect has announced a live investor webinar to be hosted by CEO Mohan Jesudason, highlighting the company’s role in enabling AI within utilities for smart cities, communities and data centres. Management will outline how its strategic focus aims to convert an extensive existing customer base, which represents more than $600 million in potential upfront revenue and $40 million in possible annual recurring revenue if its services are fully adopted, signaling a potentially significant growth phase for the business.
More about X2M Connect Limited
X2M Connect Limited is an Australian smart city technology company that provides patent-backed solutions to utilities and government customers, aiming to boost productivity, reduce operational costs and enhance public safety. Its AI-powered platforms connect water, gas, electricity and other critical sensors to edge and cloud software, supporting product families including Vision by X2M, Hive.AI by X2M and the Help Me safety device, and serving more than 85 customers across Japan, South Korea, Taiwan, the Middle East and other markets.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.92M
Learn more about X2M stock on TipRanks’ Stock Analysis page.