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MOB

Mobilicom Ltd

MOB

Mobilicom Ltd • NASDAQ
$7.08 ▲ 6.63% (+0.44)
Market Cap $49.65 M
52w High $11.02
52w Low $1.31
Dividend Yield 0%
P/E -6.87
Volume 97.00K
Outstanding Shares 7.01M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $467.826K ▼ $1.218M ▼ $-5.524M ▼ -1.181K% ▼ $-0.88 ▼ $-7.155M ▼
Q2-2024 $2.713M ▲ $4.658M ▼ $-2.486M ▼ -91.639% ▲ $-0.44 ▲ $-305.458K ▲
Q4-2023 $2.389M ▲ $4.794M ▲ $-2.384M ▼ -99.801% ▲ $-0.93 ▼ $-3.384M ▲
Q2-2023 $816.91K ▼ $4.515M ▼ $-2.182M ▼ -267.047% ▼ $-0.45 ▼ $-4.038M ▼
Q4-2022 $1.092M $4.525M $1.554M 142.338% $0.32 $-3.789M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $6.833M ▼ $9.183M ▼ $4.413M ▼ $4.77M ▲
Q4-2024 $8.589M ▼ $10.843M ▼ $6.815M ▲ $4.028M ▼
Q2-2024 $9.676M ▼ $11.303M ▼ $3.14M ▼ $8.163M ▼
Q4-2023 $12.346M ▼ $15.932M ▼ $4.606M ▲ $11.319M ▼
Q2-2023 $15.923M $18.296M $3.424M $14.872M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $2.486M ▲ $-1.584M ▲ $2.319K ▲ $-130K ▼ $-5.887M ▼ $-1.567M ▲
Q2-2024 $-2.486M ▲ $-1.638M ▲ $-29.245K ▼ $3.605M ▲ $1.961M ▲ $-1.667M ▲
Q4-2023 $-4.519M ▼ $-3.659M ▼ $11.522K ▲ $-190.715K ▲ $-3.273M ▲ $-3.647M ▼
Q2-2023 $-2.182M ▼ $-2.339M ▼ $-13.271K ▼ $-218.049K ▼ $-3.328M ▼ $-2.352M ▼
Q4-2022 $1.062M $-2.047M $-9.768K $13.277M $0 $-2.057M

Five-Year Company Overview

Income Statement

Income Statement Mobilicom looks like a very early‑stage or pre‑revenue business in the public markets. Reported revenue is essentially absent over the past several years, yet the company continues to record losses each year. That suggests spending on operations, R&D, and public‑company costs is not yet being supported by product sales at scale. Earnings per share have stayed negative, and appear to worsen when adjusted for the recent large reverse split. This pattern is typical of a company still building technology and market access rather than one already in steady commercial deployment. It also means the path to break‑even is uncertain and likely relies on successful commercialization and larger contracts that have not yet shown up clearly in the financials provided.

Balance Sheet

Balance Sheet The balance sheet appears very small for a listed technology company, with only modest assets and cash, no debt, and equity that has drifted down toward break‑even levels. The absence of debt reduces financial leverage risk, but the thin equity base and small cash position suggest limited cushion to absorb ongoing losses without new capital. In practical terms, the company’s financial foundation looks fragile: it does not appear to have built up substantial resources, nor does it carry a heavy balance of obligations. Future stability will depend heavily on either raising more funds or ramping revenue before cash becomes tight.

Cash Flow

Cash Flow Cash flow data are effectively flat in the dataset, which usually means either the company has not disclosed detailed historical cash movements here or that operating and investing flows are very small relative to reporting thresholds. Given the lack of revenue and the presence of losses, it is reasonable to infer that underlying operating cash flow is negative and being funded by past capital raises. Without visible positive cash generation, the business likely remains dependent on external financing events, cost control, or sizable new contracts to sustain operations over time.

Competitive Edge

Competitive Edge Strategically, Mobilicom sits in an attractive niche: secure communications, cybersecurity, and control solutions for drones, robotics, and autonomous systems. Its positioning as an end‑to‑end provider—hardware, software, and cybersecurity in one package—can make it easier for manufacturers and defense customers to standardize on its ecosystem. Inclusion in the U.S. Department of Defense Blue UAS framework is a meaningful credential, as it lowers procurement friction for certain U.S. defense buyers and signals that the technology meets specified standards. Patented mesh networking and a dedicated cybersecurity stack add technical differentiation. However, the company is very small relative to large defense and communications players, operates in markets with demanding buyers and long sales cycles, and faces the risk that bigger competitors or in‑house solutions could erode its niche. Customer concentration, regulatory dependencies, and shifting defense budgets are additional structural risks to its competitive position.

Innovation and R&D

Innovation and R&D Innovation is clearly the core of Mobilicom’s story. The firm has developed proprietary mobile mesh networking, an integrated ICE cybersecurity software suite, and a broader OS3 platform aimed at securing and managing uncrewed systems. Its focus on operating in harsh, mission‑critical environments provides a clear technical target: reliability and security under stress. The company is also leaning into emerging areas such as AI‑driven cybersecurity, advanced anti‑jamming and electronic warfare protection, and integration with aerospace‑grade partners. R&D grants and collaborations help validate the technology direction and partially subsidize development. The flip side is execution risk: high R&D intensity without matching revenue can strain finances, and not every innovation will translate into scalable, repeatable product sales. Success will depend on turning these technical capabilities into standard solutions for OEMs and defense programs rather than one‑off projects.

Summary

Overall, Mobilicom comes across as a tiny, innovation‑heavy defense‑tech and drone‑systems player that is still in the transition from technology development to commercial scale. On the positive side, it has a focused niche in secure autonomous systems, differentiated technology, government validation via Blue UAS inclusion, and active investment in next‑generation cybersecurity and anti‑jamming capabilities. This positions it well conceptually in a market with strong long‑term structural tailwinds. On the risk side, the financials show essentially no revenue, recurring losses, a very small balance sheet, and implied reliance on external capital. The recent extreme reverse split hints at a previously depressed share price and shareholder dilution. Execution, funding, and commercialization risks are therefore high. In essence, Mobilicom presently looks more like a speculative, R&D‑driven platform with promising technology and relationships than a mature operating company. Future outcomes will hinge on its ability to convert technical strengths and pilot wins into sustained, profitable deployment across major customers and programs before financial resources become too constrained.

NEWS

November 25, 2025 · 7:00 AM UTC

Mobilicom Expands Presence in European Union with New Customer Design Win for Systems to be Deployed for Protection and Security

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November 10, 2025 · 8:15 AM UTC

The U.S. Department of War Issues New Cybersecurity Regulations — Mobilicom's Secured Autonomy™ Framework is one of the First-to-Market Solutions Addressing these Regulations for Autonomous Systems

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November 6, 2025 · 8:20 AM UTC

Mobilicom to Report Third Quarter 2025 Financial and Operational Results

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November 5, 2025 · 2:58 AM UTC

Moberg Pharma and Karo Healthcare enter into an exclusive license agreement for MOB-015/Terclara in Europe, expanding access and growth potential

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October 13, 2025 · 7:00 AM UTC

Mobilicom Launches Secured AutonomyTM: Industry's First Comprehensive Cybersecurity Framework for Autonomous Drones and Robotics

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