Mobilicom Ltd. reports Q3 revenue of $987,000, up 63% quarter-over-quarter

Reuters11-13
<a href="https://laohu8.com/S/MOB.AU">Mobilicom</a> Ltd. reports Q3 revenue of $987,000, up 63% quarter-over-quarter

Mobilicom Ltd. reported revenues of $987,000 for the three months ended September 30, 2025, representing a 63% increase from $607,000 in the previous quarter. For the nine months ended September 30, 2025, revenues totaled $2.4 million, with approximately 65% from the U.S. market. The company had a confirmed order backlog of $882,000 as of September 30, 2025, expected to be fulfilled by year-end, and a low monthly net cash burn rate of about $305,000. Mobilicom held $16.4 million in cash and cash equivalents and reported no debt. During and following the third quarter, the company raised over $11 million to support its Nasdaq listing transition from ADSs to ordinary shares, anticipated to be completed around December 1, 2025. The company highlighted increased U.S. sales and expected further growth from new cybersecurity mandates and inclusion of its SkyHopper datalinks in the Department of War's BlueUAS Framework.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mobilicom Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9575088-en) on November 13, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment