X2M Connect (ASX:X2M) FCF Margin %: -36.10% (As of Dec. 2025)


What is X2M Connect FCF Margin %?

X2M Connect ASX:X2M FCF Margin % is -36.10% as of Dec. 2025. The stock has 8 warning signs investors should review. Among 2,479 Hardware companies, X2M Connect ranks worse than 93.02% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. X2M Connect's Free Cash Flow for the six months ended in Dec. 2025 was A$-1.67 Mil. X2M Connect's Revenue for the six months ended in Dec. 2025 was A$4.63 Mil. Therefore, X2M Connect's FCF Margin % for the quarter that ended in Dec. 2025 was -36.10%.

As of today, X2M Connect's current FCF Yield % is -44.23%.

The historical rank and industry rank for X2M Connect's FCF Margin % or its related term are showing as below:

ASX:X2M' s FCF Margin % Range Over the Past 10 Years
Min: -84.83   Med: -57.46   Max: -31.01
Current: -53.79

During the past 4 years, the highest FCF Margin % of X2M Connect was -31.01%. The lowest was -84.83%. And the median was -57.46%.

ASX:X2M's FCF Margin % is ranked worse than
93.02% of 2479 companies
in the Hardware industry
Industry Median: 0.66 vs ASX:X2M: -53.79

X2M Connect FCF Margin % Related Terms

X2M Connect FCF Margin % Historical Data

* Premium members only.

The historical data trend for X2M Connect's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

X2M Connect FCF Margin % Chart

X2M Connect Annual Data
Trend Jun22 Jun23 Jun24 Jun25
FCF Margin %
-76.12 -31.01 -38.80 -84.83

X2M Connect Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.49 -56.95 -92.07 -80.25 -36.10

ASX:X2M vs COHR, KEYS, GRMN: FCF Margin % Comparison

For the Scientific & Technical Instruments subindustry, X2M Connect's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

X2M Connect FCF Margin % vs Hardware Industry

For the Hardware industry and Technology sector, X2M Connect's FCF Margin % distribution charts can be found below:

* The bar in red indicates where X2M Connect's FCF Margin % falls into.


X2M Connect FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

X2M Connect's FCF Margin for the fiscal year that ended in Jun. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=-5.491/6.473
=-84.83 %

X2M Connect's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-1.672/4.631
=-36.10 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -36.10% mean?
X2M Connect (ASX:X2M) has a FCF Margin % of -36.10% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on X2M Connect and its competitors. According to the industry distribution chart, X2M Connect ranks #2306 out of 2479 companies in the Hardware industry, placing it in the top 93%.
Is X2M Connect's FCF Margin % too high?
X2M Connect's current FCF Margin % is -36.10%. Based on the distribution chart, X2M Connect ranks #2306 out of 2479 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does X2M Connect's FCF Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, X2M Connect ranks #2306 out of 2479 companies for FCF Margin %. This places X2M Connect in the lower half of its industry. The industry median FCF Margin % is 0.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Hardware company?
The median FCF Margin % among Hardware companies is 0.66, based on 2,479 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on X2M Connect and its competitors. For the Hardware industry, the median FCF Margin % is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. X2M Connect's current FCF Margin % is -36.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X2M Connect stock overvalued right now?
Based on GuruFocus' analysis, X2M Connect (ASX:X2M) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 40% below its estimated fair value. The current FCF Margin % is -36.10%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For X2M Connect (ASX:X2M), the current FCF Margin % is -36.10% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

X2M Connect Business Description

Address 18-24 Ricketts Road, Suite 1.01b, Building B, Mount Waverley, VIC, AUS, 3149
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, China, Taiwan, and other countries. It derives a majority of revenue from South Korea.