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X2M Connect Limited (XTMTF) Shareholder/Analyst Call Tran...
SA Transcripts · 2026-05-11 · via All Articles on Seeking Alpha

X2M Connect Limited (XTMTF) Shareholder/Analyst Call May 10, 2026 9:00 PM EDT

Company Participants

Mohan Jesudason - CEO, MD & Director

Presentation

Mohan Jesudason
CEO, MD & Director

Good morning, everyone. Apologies for the false start. We were well organized an hour ago and then a glitch this end. Welcome, and it's good to have such a broad audience for this webinar today. I'm told -- I can't hear...

Unknown Executive

I can hear...

Mohan Jesudason
CEO, MD & Director

Thanks. I said an hour ago, everything was functioning very well, and we had some people doing some work in this office and that the [indiscernible]. But welcome. Sorry to keep you waiting. Great to have all of you. And I think we've got over 40 people waiting in the -- who were online. And I'm delighted to be able to share the X2M story with you.

X2M is an established company. We've been in operations for about 10 years now. We are a software platform that is targeted into that smart city infrastructure space. Specialty is the utility and related verticals, so water, electricity, gas, renewable energy, and public safety. Our customers are typically governments, government enterprises, utilities and municipalities. And the company is really in a very good position, having built an extensive customer base over the last decade, and now it's harvesting that and using that as a platform to move into new markets.

As we speak, we've got about 89 enterprise and government customers. We've got over 500,000 connected devices. We're putting through about 300 million data feeds a month through the platform. So what we've got is a really scalable industrial-grade platform that we've built and that we're very proud of. Our established customer base, these are customers, larger governments that have chosen to digitize represent an addressable amount of over $600