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MOB logoMobilicom Ltd(MOB)Earnings, Financials & Key Ratios

MOB•NASDAQ
$6.41
$77M mkt cap·Price updated May 6, 2026
SectorTechnologyIndustryCommunication EquipmentSub-IndustryWireless Access and Backhaul Equipment
AboutMobilicom Limited operates as an end-to-end provider of cybersecurity and smart solutions for drones, robotics, and autonomous platforms. It designs, develops, and delivers smart solutions for drone, robotics, and autonomous system manufacturers. Mobilicom Limited was incorporated in 2017 and is based in Melbourne, Australia.Show more
  • Revenue$3M+45.0%
  • EBITDA-$4M+13.0%
  • Net Income-$8M-75.4%
  • EPS (Diluted)-1.32+3.6%
  • Gross Margin57.6%-2.2%
  • EBITDA Margin-123.59%+40.0%
  • Operating Margin-127.15%+41.8%
  • Net Margin-251.85%-21.0%
  • ROE-104.39%-233.6%
  • Debt/Equity0.06-3.5%
  • Interest Coverage-149.49+54.0%
Technical→

MOB Key Insights

Mobilicom Ltd (MOB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 25.8% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

MOB Price & Volume

Mobilicom Ltd (MOB) stock price & volume — 10-year historical chart

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MOB Growth Metrics

Mobilicom Ltd (MOB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years5.91%
3 Years5.8%
TTM62.38%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-150.37%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM38.52%

Return on Capital

10 Years-50%
5 Years-48.42%
3 Years-42.1%
Last Year-49.56%

MOB Peer Comparison

Mobilicom Ltd (MOB) competitors in Wireless Access and Backhaul Equipment — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
AIRO logoAIROAIRO Group Holdings, Inc. Common StockDirect Competitor232.59M7.43-4.79100.99%-125.14%-10.76%0.09
KTOS logoKTOSKratos Defense & Security Solutions, Inc.Direct Competitor11.53B61.52473.2318.52%2.08%1.26%0.09
AVAV logoAVAVAeroVironment, Inc.Direct Competitor8.71B174.37112.5014.5%-13.93%-6.41%0.07
UAVS logoUAVSAgEagle Aerial Systems, Inc.Direct Competitor1.28M1.12-0.02-2.54%-153.64%-68.52%
RCAT logoRCATRed Cat Holdings, Inc.Direct Competitor1.05B10.62-17.70459.81%-227.71%-33.59%0.07
SWBI logoSWBISmith & Wesson Brands, Inc.Product Competitor663.41M14.9149.70-11.42%2.47%3.28%0.31
JOBY logoJOBYJoby Aviation, Inc.Product Competitor10.34B10.52-9.31391.83%-12.33%-74.18%0.04
ACHR logoACHRArcher Aviation Inc.Product Competitor4.77B6.41-6.47-2060.67%-37.76%0.02

Compare MOB vs Peers

Mobilicom Ltd (MOB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AIRO

Most directly comparable listed peer for MOB.

Scale Benchmark

vs SPIR

Larger-name benchmark to compare MOB against a more recognizable public peer.

Peer Set

Compare Top 5

vs AIRO, KTOS, AVAV, UAVS

MOB Income Statement

Mobilicom Ltd (MOB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Sales/Revenue1.52M1.97M2.39M1.42M2.69M1.62M2.19M3.18M7.02M
Revenue Growth %-29.71%21.11%-40.41%88.81%-39.81%35.7%44.98%62.38%
Cost of Goods Sold412.28K582.05K861.26K677.72K1.22M850.55K902.01K1.35M2.98M
COGS % of Revenue27.13%29.53%36.08%47.64%45.35%52.61%41.12%42.4%-
Gross Profit
1.11M▲ 0%
1.39M▲ 25.4%
1.53M▲ 9.9%
744.91K▼ 51.2%
1.47M▲ 97.0%
575.86K▼ 60.8%
1.29M▲ 124.3%
1.83M▲ 41.8%
4.04M▲ 0%
Gross Margin %72.87%70.47%63.92%52.36%54.65%35.62%58.88%57.6%57.54%
Gross Profit Growth %-25.44%9.86%-51.19%97.05%-60.77%124.32%41.81%-
Operating Expenses7.03M4.13M4.67M3.2M3.9M4.94M6.03M5.88M14.1M
OpEx % of Revenue462.36%209.37%195.46%224.89%145.37%305.67%274.7%184.75%-
Selling, General & Admin6.65M2.12M2.39M1.63M2.21M5.26M4.19M3.82M9.29M
SG&A % of Revenue437.89%107.53%100.11%114.67%82.14%325.2%191.01%120.2%-
Research & Development339.62K2.01M2.28M1.57M1.7M2.52M1.85M2.13M4.89M
R&D % of Revenue22.35%101.84%95.36%110.22%63.23%155.69%84.19%66.89%-
Other Operating Expenses230.67K0000-2.83M-10.8K-74.52K-74.52K
Operating Income
-4.62M▲ 0%
-2.74M▲ 40.7%
-3.14M▼ 14.7%
-2.45M▲ 21.8%
-2.44M▲ 0.7%
-4.37M▼ 79.2%
-4.79M▼ 9.8%
-4.04M▲ 15.6%
-10.06M▲ 0%
Operating Margin %-303.8%-138.9%-131.54%-172.53%-90.72%-270.05%-218.46%-127.15%-143.32%
Operating Income Growth %-40.7%-14.69%21.84%0.72%-79.16%-9.78%15.62%-
EBITDA-4.58M-2.72M-2.97M-2.26M-2.27M-3.99M-4.52M-3.93M-9.76M
EBITDA Margin %-301.68%-138.11%-124.31%-158.72%-84.46%-246.82%-206.04%-123.59%-139.02%
EBITDA Growth %-40.62%-9.01%23.91%-0.46%-75.89%-13.28%13.04%15.03%
D&A (Non-Cash Add-back)32.16K15.48K172.59K196.39K168.24K375.52K272.47K113.2K301.8K
EBIT-5.66M-2.37M-2.5M-1.91M-1.98M-261.51K-4.46M-7.82M-10.88M
Net Interest Income-401.53K40.28K-6.71K-1.17K-39K102.87K278.74K242.72K360.25K
Interest Income25.59K40.28K25.94K7.25K1.19K168.84K293.48K269.77K522.32K
Interest Expense427.12K032.65K8.43K40.19K65.97K14.73K27.05K145.19K
Other Income/Expense-170.85K366.02K609.7K539.28K413.44K0307.75K-3.81M-2.34M
Pretax Income
-6.09M▲ 0%
-2.37M▲ 61.1%
-2.53M▼ 6.7%
-1.92M▲ 24.3%
-2.02M▼ 5.6%
-327.48K▲ 83.8%
-4.48M▼ 1269.5%
-7.85M▼ 75.0%
-12.4M▲ 0%
Pretax Margin %-400.73%-120.33%-106%-134.62%-75.33%-20.26%-204.43%-246.8%-176.61%
Income Tax657.79K0006.88K13.99K80.92K160.8K158.37K
Effective Tax Rate %-10.8%0%0%0%-0.34%-4.27%-1.8%-2.05%-1.28%
Net Income
-6.09M▲ 0%
-2.37M▲ 61.1%
-2.53M▼ 6.7%
-1.92M▲ 24.3%
-2.03M▼ 6.0%
-341.47K▲ 83.2%
-4.57M▼ 1237.1%
-8.01M▼ 75.4%
-10.46M▲ 0%
Net Margin %-400.73%-120.33%-106%-134.62%-75.58%-21.12%-208.12%-251.85%-149.05%
Net Income Growth %-61.05%-6.69%24.32%-6.01%83.18%-1237.09%-75.44%-150.37%
Net Income (Continuing)-6.09M-2.37M-2.53M-1.92M-2.03M-341.47K-4.57M-8.01M-11.16M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
-6.16▲ 0%
-4.26▲ 30.8%
-2.20▲ 48.4%
-2.28▼ 3.6%
-1.81▲ 20.6%
-0.14▲ 92.3%
-1.37▼ 878.6%
-1.32▲ 3.6%
-1.39▲ 0%
EPS Growth %-30.84%48.36%-3.64%20.61%92.27%-878.57%3.65%38.52%
EPS (Basic)-6.16-4.26-2.20-2.28-1.81-0.14-1.37-1.32-
Diluted Shares Outstanding984.65K790.63K1.63M937.95K1.08M2.42M4.83M6.08M7.53M
Basic Shares Outstanding984.65K790.63K1.63M937.95K1.08M2.42M4.83M6.08M7.53M
Dividend Payout Ratio---------

MOB Balance Sheet

Mobilicom Ltd (MOB) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Total Current Assets8.81M5.89M6.51M3.65M5.18M32.06M15.14M10.53M8.57M
Cash & Short-Term Investments8.08M4.96M4.71M2.46M4M29.79M12.26M8.59M6.83M
Cash Only8.08M4.96M4.71M2.46M4M29.79M8.39M8.59M6.83M
Short-Term Investments0000003.87M00
Accounts Receivable423.64K490.14K1.27M385.16K695.54K1.3M977.58K949.23K662.95K
Days Sales Outstanding101.7590.76194.6498.8294.52293.56162.65108.9345.3
Inventory303.94K437.48K525.05K803K490.99K969.03K1.37M892.88K971.45K
Days Inventory Outstanding269.08274.34222.51432.47147.12415.84553.01241.64120.63
Other Current Assets000000538.51K96.89K103.73K
Total Non-Current Assets42.44K39.11K1.13M913.93K762.77K562.7K790.71K314.29K611.18K
Property, Plant & Equipment42.44K39.11K1.13M913.93K762.77K562.7K790.71K314.29K611.18K
Fixed Asset Turnover35.81x50.40x2.12x1.56x3.52x2.87x2.77x10.12x13.17x
Goodwill000000000
Intangible Assets000000000
Long-Term Investments000000000
Other Non-Current Assets000000000
Total Assets
8.85M▲ 0%
5.93M▼ 33.0%
7.63M▲ 28.8%
4.57M▼ 40.2%
5.95M▲ 30.2%
21.21M▲ 256.7%
10.9M▼ 48.6%
10.84M▼ 0.5%
9.18M▲ 0%
Asset Turnover0.17x0.33x0.31x0.31x0.45x0.08x0.20x0.29x0.59x
Asset Growth %--33.02%28.84%-40.18%30.19%256.67%-48.61%-0.5%-140.55%
Total Current Liabilities888.73K986.51K1.65M1.29M1.46M3.04M3.98M1.45M1.23M
Accounts Payable214.75K256.71K580.3K251.68K214.78K299.29K733.08K274.38K185.46K
Days Payables Outstanding190.12160.98245.93135.5564.35128.43296.6474.2647.2
Short-Term Debt00000524.01K00205.43K
Deferred Revenue (Current)000000000
Other Current Liabilities00000573.51K1.57M-265-205.43K
Current Ratio9.91x5.97x3.94x2.83x3.56x10.54x3.81x7.29x7.29x
Quick Ratio9.57x5.52x3.63x2.21x3.22x10.22x3.46x6.67x6.67x
Cash Conversion Cycle180.71204.12171.23395.75177.28580.97419.02276.32118.72
Total Non-Current Liabilities620.35K644.48K1.54M1.26M1.16M305.12K1.51M5.37M3.18M
Long-Term Debt000000000
Capital Lease Obligations00727.25K547.12K336.25K95.4K334.91K16.03K786.03K
Deferred Tax Liabilities0000-5.17K0000
Other Non-Current Liabilities620.35K644.48K811.26K709.87K823.37K203.64K1.17M5.34M9.56M
Total Liabilities1.51M1.63M3.19M2.55M2.62M3.35M4.61M6.82M4.41M
Total Debt00946.01K818.4K641.66K953.27K661.96K227.29K525K
Net Debt-8.08M-4.96M-3.76M-1.65M-3.35M-28.83M-7.93M-8.36M-6.31M
Debt / Equity--0.21x0.41x0.19x0.05x0.06x0.06x0.06x
Debt / EBITDA---------0.05x
Net Debt / EBITDA--------0.65x
Interest Coverage-10.81x--96.18x-291.33x-60.63x-66.17x-325.27x-149.49x-74.90x
Total Equity
7.34M▲ 0%
4.29M▼ 41.5%
4.45M▲ 3.5%
2.02M▼ 54.6%
3.33M▲ 64.9%
17.86M▲ 436.5%
11.32M▼ 36.6%
4.03M▼ 64.4%
4.77M▲ 0%
Equity Growth %--41.47%3.51%-54.58%64.87%436.51%-36.62%-64.42%-210.21%
Book Value per Share7.455.432.722.153.077.402.340.660.63
Total Shareholders' Equity7.34M4.29M4.45M2.02M3.33M17.86M11.32M4.03M4.77M
Common Stock19.06M19.08M22.88M22.88M26.5M41.64M31.04M34.84M34.99M
Retained Earnings-12.48M-15.66M-19.3M-21.64M-24.33M-24.05M-30.92M-30.39M-30.46M
Treasury Stock000000000
Accumulated OCI763.41K876.68K859.98K770.28K1.16M276.99K-911.48K-418K236.6K
Minority Interest000000000

MOB Cash Flow Statement

Mobilicom Ltd (MOB) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Cash from Operations-4.75M-2.22M-3.62M-1.46M-1.36M-3.1M-4.15M-3.21M-3.21M
Operating CF Margin %-312.57%-112.38%-151.66%-102.6%-50.47%-191.61%-189.25%-100.83%-
Operating CF Growth %-53.36%-63.45%59.69%7.12%-128.49%-34.04%22.76%11.97%
Net Income-4.75M-2.37M-2.53M-1.92M-2.03M-236.72K-4.68M-8.05M-10.46M
Depreciation & Amortization015.48K0196.39K168.24K260.32K280.76K247.03K124.75K
Stock-Based Compensation000000600.94K00
Deferred Taxes000000-82.76K00
Other Non-Cash Items4.75M168.45K-1.09M251.49K320.59K-2.68M300.21K4.7M-3.99M
Working Capital Changes0-27.3K07.67K185.68K-441.4K-569.14K-110K0
Change in Receivables0-54.8K0548.75K-179.85K61.22K-600.86K28.49K0
Change in Inventory0-99.71K0-191.35K234.19K-241.01K-527.98K42.09K0
Change in Payables0104.05K0-284.01K99.27K317.08K0-187.25K0
Cash from Investing-24.05K-5.57K-436.23K0-22.92K-18.46K-1.46K-26.93K-28.97K
Capital Expenditures-24.05K-5.57K-176.8K0-22.92K-18.46K-1.46K-26.93K-28.97K
CapEx % of Revenue1.58%0.28%7.41%0%0.85%1.14%0.07%0.85%-
Acquisitions000000000
Investments---------
Other Investing00-259.43K000000
Cash from Financing8.04M03.79M-86.35K2.53M13.5M-271.62K3.48M3.12M
Debt Issued (Net)876.84K0000-236.47K-251.32K-219K-219K
Equity Issued (Net)7.8M-002.72M13.75M-20.29K2.95M2.91M
Dividends Paid000000000
Share Repurchases-634.06K0-217.12K000-20.38K0-29.36K
Other Financing-634.06K03.79M-86.35K-188.38K-13.32K0744K428.48K
Net Change in Cash
3.95M▲ 0%
0▼ 100.0%
-248.98K▲ 0%
-1.41M▼ 466.0%
1M▲ 171.2%
9.99M▲ 895.6%
-4.42M▼ 144.3%
241.68K▲ 105.5%
-8.95M▲ 0%
Free Cash Flow
-4.77M▲ 0%
-2.22M▲ 53.5%
-3.8M▼ 71.0%
-1.46M▲ 61.6%
-1.38M▲ 5.6%
-3.12M▼ 126.0%
-4.18M▼ 34.0%
-3.23M▲ 22.6%
-8.47M▲ 0%
FCF Margin %-314.15%-112.67%-159.07%-102.6%-51.32%-192.75%-190.33%-101.65%-120.6%
FCF Growth %-53.48%-71%61.57%5.55%-126.03%-34%22.57%-36.35%
FCF per Share-4.85-2.81-2.33-1.56-1.27-1.29-0.86-0.53-0.53
FCF Conversion (FCF/Net Income)0.78x0.93x1.43x0.76x0.67x9.07x0.91x0.40x0.81x
Interest Paid0-0000000
Taxes Paid0-0000000

MOB Key Ratios

Mobilicom Ltd (MOB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2018201920202021202220232024TTM
Return on Equity (ROE)-40.78%-57.9%-59.25%-75.92%-3.22%-31.29%-104.39%-148%
Return on Invested Capital (ROIC)--27292.35%-349.12%-1051.8%--99.95%-400.84%
Gross Margin70.47%63.92%52.36%54.65%35.62%58.88%57.6%57.54%
Net Margin-120.33%-106%-134.62%-75.58%-21.12%-208.12%-251.85%-149.05%
Debt / Equity-0.21x0.41x0.19x0.05x0.06x0.06x0.06x
Interest Coverage--96.18x-291.33x-60.63x-66.17x-325.27x-149.49x-74.90x
FCF Conversion0.93x1.43x0.76x0.67x9.07x0.91x0.40x0.81x
Revenue Growth29.71%21.11%-40.41%88.81%-39.81%35.7%44.98%62.38%

MOB Frequently Asked Questions

Mobilicom Ltd (MOB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Mobilicom Ltd (MOB) reported $7.0M in revenue for fiscal year 2024. This represents a 362% increase from $1.5M in 2017.

Mobilicom Ltd (MOB) grew revenue by 45.0% over the past year. This is strong growth.

Mobilicom Ltd (MOB) reported a net loss of $10.5M for fiscal year 2024.

Dividend & Returns

Mobilicom Ltd (MOB) has a return on equity (ROE) of -104.4%. Negative ROE indicates the company is unprofitable.

Mobilicom Ltd (MOB) had negative free cash flow of $8.5M in fiscal year 2024, likely due to heavy capital investments.

Explore More MOB

Mobilicom Ltd (MOB) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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