X2m Connect Limited · ASX:X2M
X2m Connect — Shareholder Meeting (November 2022)
12 slides from X2m Connect's shareholder meeting presentation, Nov 29, 2022
Slide 1: AGM presentation 29 November 2022
For personal use only ASX:X2M AGM presentation 29 November 2022
Slide 2: CEO's address
For personal use only CEO’s address
Slide 3: X2M reports a strong FY22
X2M reports a strong FY22 For personal use only Strong metrics for FY22 and foundations for continued growth in FY23 Enterprise/government FY22 Revenue: $10.4m, up Connected devices at 30 June customers at 30 June 2022: 82% on pcp 2022: 245,265, up 99% on pcp 46, up 35% on pcp ASX SaaS/maintenance I
Slide 4: X2M's story – consistency of performance
X2M’s story – consistency of performance For personal use only Revenue ($A millions) Connected devices 10.4 245,265 82% 99% 5.7 123,256 63,713 1.3 FY20* FY21 FY22 30-Jun-20 30-Jun-21 30-Jun-22 Enterprise and government customers 46 34 35% 25 Retained all customers 30-Jun-20 30-Jun-21 30-Jun-22 *The
Slide 5: Why connected devices matter
Why connected devices matter The number of connected devices is a driver of future Software as a Service (SaaS) For personal use only and maintenance revenues • One of the Company’s strategic pillars is to “land and expand”. Securing customers and then penetrating their addressable market. • Each de
Slide 6: Growth in connected devices accelerating
Growth in connected devices accelerating 3 months to Driver of future SaaS revenues connect next For personal use only ~50k devices 6 months to connect next ~50k devices 6 months to 245,265 connect next ~50k devices 15 months to 196,037 connect next ~50k devices 181,102 152,304 6 years to 123,256 co
Slide 7: South Korea performance
South Korea performance South Korean customers increased from 16 last year to 24 at June 2022 and 31 at September 2022 For personal use only South Korea market – Sep 2021 South Korea market – Sep 2022 Cumulative Cumulative TAM of all TAM of all contracted2: contracted2: households2: households2: $20
Slide 8: Other country performance
Other country performance For personal use only Japan Taiwan China and Australia Robust market Advanced with high device product designs $3.3m revenue growth delivered in Gas, energy China despite 61,000 -> management Covid 142,000 devices and water Enters deployments Australia’s High margin energy
Slide 9: Smart communities Australia
Smart communities Australia Smart community with large number of smart homes plus community Consumer enjoys a For personal use only resources all working cohesively sustainable, eco-friendly, environment and community Significantly reduced energy consumption Significantly increased use of renewables
Slide 10: Q1 at a glance
Q1 at a glance FY22 momentum rolls into FY23 For personal use only FY23, Q1 Revenue: $3.8m1, Connected devices: 292,806 Enterprise/government up 137% on pcp up 92% on pcp customers: 52, up 41% on pcp ASX 23 contracts in place worth South Korean customer base Australian energy approximately $12.5m in
Slide 11: Summary: FY23 outlook
Summary FY23 outlook – momentum expected to continue For personal use only Revenue, customer numbers and connected SaaS and other recurring revenues feature as devices to deliver strong growth in 2023 connected devices grow Strategy is delivering – revenue momentum to continue with $12.5m already co
Slide 12: Get in touch
For personal use only X2M CONNECT GET IN Shareholder Enquiries Automic Pty Ltd TOUCH hello@automic.com.au +61 (2) 9698 5414 Media and Investor Enquiries Mohan Jesudason, CEO investor.relations@x2mconnect.com 1 800 926 926 (1 800 X2M X2M)