X2M Connect flags growth prospects as it prepares AI-focused investor webinar

X2M Connect Limited ( (AU:X2M) ) has issued an announcement.

X2M Connect Limited will host a live online investor webinar on 11 May 2026, led by CEO Mohan Jesudason, to discuss how its technology provides data for AI in utilities serving smart cities and communities, and potentially data centres. The session will include a live Q&A, with a replay available for those who register but cannot attend.

Management describes the company as being at a critical inflection point, citing strong global demand and a sizable total addressable market from existing utility customers, estimated at A$600 million in upfront revenue and A$40 million in annual recurring revenue if fully penetrated. The update underscores X2M’s growing role as a data provider for AI applications in utilities, highlighting repeat orders from utilities and signalling potential revenue expansion and deeper customer engagement for stakeholders.

More about X2M Connect Limited

X2M Connect Limited is an Australian smart city technology company that delivers patent-backed solutions for utilities and government customers. Its platforms connect water, gas, electricity and other critical sensors to edge and cloud software, enabling real-time data, remote control and AI-driven insights across more than 500,000 devices in markets including Japan, South Korea, Taiwan and the Middle East.

The company’s core platform supports three product families—Vision by X2M, Hive.AI by X2M and the Help Me safety device—serving over 85 customers. X2M generates revenue through hardware sales, recurring SaaS and platform fees, and device connection charges, positioning it in the growing global market for data infrastructure underpinning smart cities and AI-enabled utilities.

Technical Sentiment Signal: Sell

Current Market Cap: A$5.92M

Learn more about X2M stock on TipRanks’ Stock Analysis page.