X2m Connect Limited · ASX:X2M
X2m Connect — Investor Presentation (May 2026)
17 slides from X2m Connect's investor presentation, May 2026
Slide 1: Powering AI in Utilities for Smart Cities & Communities
INVESTOR PRESENTATION MAY 2026 Powering AI in Utilities for Smart Cities & Communities ASX:X2M x2mconnect.com
Slide 2: Disclaimer & forward-looking statements
IMPORTANT INFORMATION Disclaimer & forward-looking statements This presentation contains forward-looking statements This presentation has been prepared by X2M Connect Limited (ASX: X2M). It is for general information purposes only and does not constitute financial product advice. Recipients should n
Slide 3: Processing the Data that Powers AI & Smart Cities
COMPANY OVERVIEW Processing the Data that Powers AI & Smart Cities • X2M has built a patented data processing platform at the centre of smart city infrastructure — collecting real- time data from water, gas, electricity and public safety networks to deliver greater efficiencies & cost savings • The
Slide 4: X2M is the Central Nervous System for AI & Smart Cities
T HE PLAT FO RM X2M is the Central Nervous System for AI & Smart Cities REAL WORLD INFRASTRUCTURE X2M’S CAPABILITY AT Smart City Operations DATA IN INDUSTRIAL SCALE INTELLIGENCE OUT Water Meters THE NERVOUS SYSTEM AI & ML Forecasting Gas & Electricity Meters X2M Real-Time Alerts & Control 5G Network
Slide 5: How the X2M Platform Works
PLATFORM ARCHITECTURE How the X2M Platform Works STAGE 01 STAGE 02 STAGE 03 Connected Devices X2M Platform Intelligence & Action Critical infrastructure endpoints Patent supported, interoperable OS Real time, decision capable systems ● Smart meters (water, gas, ● Connects devices on any ● Better eff
Slide 6: Smart Infrastructure Demands Real-Time Data at Scale
MARKET CONTEXT Smart Infrastructure Demands Real-Time Data at Scale 01 Connected infrastructure is taking off Cities are digitising utilities, energy and safety systems, KEY SMART INFRASTRUCTURE MARKETS generating rising volumes of real-time operational data. Utilities Buildings Water · Gas · Electr
Slide 7: The Connectivity Layer Across the Fastest Growing Infrastructure Sectors
The Connectivity Layer Across the Fastest Growing Infrastructure Sectors X2M's proprietary software collects, connects and processes data from any device on any network, delivering millions of raw signals so AI can make real-time decisions. WHAT AI DELIVERS FOUR GROWTH SECTORS Agentic AI management
Slide 8: Strongly Placed to Capture Our Share of an US$877 Billion Market
MARKET OPPORTUNITY Strongly Placed to Capture Our Share of an US$877 Billion Market $877.6B 29.4% 27%+ 52.3% Global smart cities market, 2024 CAGR forecast 2025 to 2030 Smart utilities share, 2024 APAC share of global revenue WHY THIS MATTERS FOR X2M Aligned to the In the Highest Investment is Being
Slide 9: Three Proven Scalable Products
PRODUCT SUITE Three Proven Scalable Products Vision Hive.AI HelpMe UTILITIES & INDUSTRIAL RENEWABLE ENERGY PUBLIC SAFETY Aggregates data across water, Aggregates renewable energy Compact, mobile connected gas, electricity and street data for AI and ML applications. safety keychain. Sends real-time l
Slide 10: High-Margin SaaS Scaling Without Proportionate Cost Growth
BUSINESS MODEL High-Margin SaaS Scaling Without Proportionate Cost Growth X2M is evolving to a high-margin SaaS business model with upfront fees and recurring revenue. The Q3 FY26 report showed operating costs increased by only 2% in Q3 while revenue growth on the prior corresponding period (pcp) ac
Slide 11: Potential Material Expansion as New Geographies Open Up
ADDRESSABLE MARKETS South Korea Potential Material Expansion as New Geographies Open Up 52m 22m CURRENT GEOGRAPHIES Japan 240M people · 98M households 126m 55m $600M+ existing customer TAM India Taiwan $40M annual recurring revenue potential (new) 24m People 1.45b 9m Households NEW GEOGRAPHIES 300m
Slide 12: X2M's Opportunity
MARKETS X2M’s Opportunity EXISTING CUSTOMER TAM >$600M upfront · >$40M annual recurring South Korea Japan Taiwan UAE Customer: Customer: Customer: Customer: Cities and municipalities Azbil Kimmon (gas & water Renewable energy Dicode Smart Connect meter manufacturer) generators and gas utilities (tec
Slide 13: Offer to Australian Smart Residential Communities
NEW VERTICAL | PARTNERSHIP-LED Offer to Australian Smart Residential Communities P I P E L I N E O P P O R T U N I T Y subject to household adoption 5,800 $11.8M Lots Potential Revenue Artist Impression of McMahon's Place ` Offer contracted & under MoU If fully adopted by all households PARTNERSHIPS
Slide 14: ISCO: One Contract for Australia's Smart Communities
STRATEGIC PARTNERSHIP | NON-BINDING MOU ISCO: One Contract for Australia's Smart Communities X2M has signed a non-binding MoU with Mawson Business Advisory to deliver the Integrated Smart Community Offering (ISCO), Australia's most comprehensive smart community solution. ISCO will replace up to 20 s
Slide 15: Next 12 months: Converting Momentum Into Sustained Growth
OUTLOOK Next 12 months: Converting Momentum Into Sustained Growth FY26 GUIDANCE The key priority for X2M’s Board and management is positive EBITDA & cashflow Seoul Scale Up Japan Water Market Entry Continue delivery of the 100,000-device mandate, while Use proceeds from the tranche 2 placement to fu
Slide 16: Board and Management
PEOPLE Board and Management BOARD Alan Stockdale AO Damien Johnston John Stewart Mohan Jesudason Non-Executive Chairman Non-Executive Director Non-Executive Director CEO & MD MANAGEMENT Keith Jelley Yongsun Kim Steve Fang Oliver Carton Chief Operating Officer MD South Korea MD Taiwan Company Secreta
Slide 17: Company Contact
Company Contact Mohan Jesudason C h i e f E xe c u t i v e O f f i ce r & M a n a g i n g D i r e c to r E investor.relations@x2mconnect.com T 1800 926 926 W x2mconnect.com