Mobilicom (MOB) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 reached $1.5 million, with an order backlog of $1.6 million as of June 30, totaling $3.1 million, nearly matching full-year 2024 revenue.

• Growth driven by Tier-1 customers moving to mass production, U.S. DoD policy shifts, and increased defense spending in the U.S., Europe, and Asia.

• SkyHopper's inclusion in the DoD Blue UAS Framework accelerated sales to Tier-1 defense contractors.

• Strategic partnerships and product integrations established with major industry players in H1 2025.

Financial highlights

• H1 2025 revenue was $1.5 million, down from $1.8 million in H1 2024.

• Gross margin held steady at 55% due to high-end IP-based technology and efficient supply chain management.

• EBITDA was $(1.9) million, compared to $(1.5) million in H1 2024.

• Net loss narrowed significantly to $(68,746) from $(1,653,875) year-over-year, aided by $2.5 million in financial income.

• Operating net cash burn reduced to $262,000 per month, with a $7 million cash position and no debt.

Outlook and guidance

• Order backlog of $1.6 million expected to be fulfilled in H2 2025, with additional order momentum anticipated.

• Anticipates accelerated adoption of OS3 cybersecurity software in next-generation drones and robotics.

• Well positioned to capture further market share, supported by a strong balance sheet and narrowing burn rate.