X2M Connect Limited

X2M Connect Limited

AASX:X2M
0.00
AUD
+0.00
(+33.33%)
-0.03EPS
12.08MMarket Cap
Mar 03Next Earn

Total Valuation

AUD

As of June 30, 2024, X2M Connect Limited carries a market capitalization of 12.08M, placing it among publicly traded companies globally. Its enterprise value stands at 15.41M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap12.08M
Enterprise Value15.41M

Important Dates

X2M Connect Limited's next confirmed earnings release is scheduled for March 3, 2027.

Earnings Date3/3/2027

Share Statistics

As of June 30, 2024, X2M Connect Limited has 333.32M shares outstanding.

Shares Outstanding333.32M

Valuation Ratios

These figures are as of June 30, 2024. The price-to-sales ratio is 0.70, and the price-to-book ratio stands at 24.51.

PS Ratio0.70
PB Ratio24.51
P/TBV Ratio-3.03

Enterprise Valuation

These figures are as of June 30, 2024. The EV/Sales ratio of 1.15 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 15.41M versus a market cap of 12.08M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.15

Financial Position

As of June 30, 2024, X2M Connect Limited maintains a current ratio of 0.80, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 1,068.32, indicating moderate leverage, while an interest coverage ratio of -4.71 demonstrates limited ability to service its debt obligations.

Current Ratio0.80
Quick Ratio0.51
Debt / Equity1,068.32
Debt / EBITDA-1.15
Interest Coverage-4.71

Financial Efficiency

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Over the twelve months ended June 30, 2024, X2M Connect Limited posted a negative return on equity (ROE) of -1,873.68, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -44.63, reflecting losses generated across the asset base. The company generates approximately 247,854.44 in revenue per employee across its workforce of 54.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 28.24 indicates how many times X2M Connect Limited sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-1,873.68
Return on Assets (ROA)-44.63
Revenue Per Employee247,854.44
Employee Count54.00
Inventory Turnover28.24

Taxes

AUD

Over the twelve months ended June 30, 2024, X2M Connect Limited recorded 713.00 in income tax expense. The company reported a pretax loss of -6.51M and -6.51M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax713.00

Stock Price Statistics

AUD

As of the close on October 22, 2026, X2M Connect Limited's stock has declined approximately 69.23% over the past 52 weeks. The 50-day moving average sits at 0.01, while the 200-day moving average is 0.01.

52-Week Price Change-69.23%
50-Day Moving Average0.01
200-Day Moving Average0.01

Income Statement

AUD

Over the twelve months ended June 30, 2024, X2M Connect Limited generated 13.38M in revenue and converted that into -6.51M in net income, yielding earnings per share of -0.03. EBITDA reached -4.57M, while operating income came in at -5.91M.

Revenue13.38M
Gross Profit4.92M
Operating Income-5.91M
Pretax Income-6.51M
Net Income-6.51M
EBITDA-4.57M
EBIT-5.91M
Earnings Per Share (EPS)-0.03

Balance Sheet

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As of June 30, 2024, X2M Connect Limited holds 1.94M in cash and equivalents against 5.27M in total debt, resulting in a net debt position of 2.85M. Total book value stands at 492,967.00, with working capital of -1.88M providing operational flexibility.

Cash & Cash Equivalents1.94M
Total Debt5.27M
Net Debt2.85M
Equity (Book Value)492,967.00
Working Capital-1.88M

Cash Flow

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These figures cover the twelve months ended June 30, 2024.

Capital Expenditures-2.81M

Margins

Over the twelve months ended June 30, 2024, X2M Connect Limited posted a gross margin of 36.74, reflecting its pricing power and cost economics. The operating margin of -44.13 and net profit margin of -48.66 provide insight into operational efficiency.

Gross Margin36.74
Operating Margin-44.13
Pretax Margin-48.66
Profit Margin-48.66
EBITDA Margin-34.16

Dividends & Yields

These figures cover the twelve months ended June 30, 2024. Total shareholder yield is negative at -48.78, meaning X2M Connect Limited raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-48.78

Stock Splits

X2M Connect Limited's most recent stock split took place on July 17, 2025 with a 48:49 split ratio.

Last Split Date7/17/2025
Split Ratio48:49

Scores

As of June 30, 2024, X2M Connect Limited has an Altman Z-Score of -5.23, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-5.23