X2M
vs
S
S&P/ASX 300
X2M
Over the past 12 months, X2M has underperformed S&P/ASX 300, delivering a return of -60% compared to the S&P/ASX 300's +6% growth.
Stocks Performance
X2M vs S&P/ASX 300
Performance Gap
X2M vs S&P/ASX 300
Performance By Year
X2M vs S&P/ASX 300
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
X2M Connect Ltd
Glance View
X2M Connect Ltd. is a technology company engaged in the Internet of Things business for water, gas, electricity and other utilities industries. The company is headquartered in Melbourne, Victoria. The company went IPO on 2021-09-22. The firm offers Internet of things (IoT) business, which is focused on digitizing the utility sector in Asia-Pacific (APAC) with its technology. Its IoT technology platform enables remote monitoring and control of devices and sensors such as gas/water meters and pressure sensors. The company also provides hardware and software for digitalizing manual hardware. The firm's technology consists of three elements, namely Network Interface Card (NIC), Micro Engine, and X2M IoT platform (Vision Platform). NIC enables an existing device with no communication capability to transmit and receive information from X2M's Micro Engine. Micro Engine allows applications to make decisions and collate the information received from each device and send it to the X2M IoT platform. X2M IoT platform is a software as a service (SaaS) offering that manages, monitors, diagnoses and controls deployed Micro Engines and all connected devices.
