Mobilicom says H1 2026 revenue rises 19% on shift to monthly deliveries for Tier-1 U.S. DoW program customer
MOB•Margins, expenses and cash
Gross margin slipped to 52% from 55% as cost of goods rose on workforce optimization for scaled manufacturing.
Operating expenses jumped to USD 10.62 million from USD 3.57 million, driven mainly by stock-based compensation across sales, R&D and G&A.
Foreign-exchange losses widened to USD 1.29 million from USD 49,114, reflecting moves between the USD, NIS and AUD.
Cash and cash equivalents ended at USD 15.2 million; operating cash outflow was USD 5.15 million, tied to lower customer receipts.
H1 revenue rises on monthly deliveries
Mobilicom posted six-month revenue of USD 1.73 million, up 19%, citing a shift to monthly deliveries for a Tier-1 U.S. DoW customer.
