One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Mobilicom Limited
MOB · NCM · Industrials · Aerospace & Defense
Current price
$2.25
52-week range
$2.12 - $9.78
Market cap
$28.95M
Balance sheet
Healthy
-1,085.56x Concerning
Net cash $14.65M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
3 Risks
1 rewards · 3 risks
- Reward Revenue grew 5.8% last year.
- Risk Return on equity was -374.9% last year — the company lost money on shareholders' equity.
- Risk Operating margin compressed from -231.0% to -325.1% over 3 years.
- Risk Insider ownership is only 14.0% (peer median: 21.3%).
What this company does
Mobilicom Limited
Mobilicom makes smart communication and cybersecurity software and hardware for small drones and robots, selling its products mainly to defense companies and drone manufacturers. This is important because their secure systems help these uncrewed vehicles operate safely and reliably in critical situations. The company focuses on providing specialized technology for this growing industry, which relies heavily on secure data links and robust control systems.
How the company got here
Mobilicom Limited was established in 2017, emerging as a player in the growing field of unmanned systems. The company's focus from the outset was on providing the critical communication and cybersecurity infrastructure needed to make drones and robotic systems secure and reliable. This specialization was driven by the increasing demand for these technologies in both commercial and defense sectors, where robust data links and protection against cyber threats are paramount. Mobilicom has since built a portfolio of hardware and software solutions designed to meet these stringent requirements.
What it actually does
Mobilicom provides essential technology that makes drones and robotic systems work safely and securely. Think of it like the "brains" and "nervous system" for these machines. They offer software that ensures secure communication and protects against cyberattacks, as well as hardware like data links that allow the drones to send and receive information reliably. They also offer systems for managing fleets of drones and provide support services to keep everything running smoothly. Their products are designed for use in demanding environments, particularly for commercial and defense applications.
Software Solutions
This part of Mobilicom's business focuses on the digital backbone for drones and robotic systems. The OS3 platform is a software solution that ensures operational security, safety, and compliance for uncrewed systems, essentially acting as a secure operating system. The ICE cybersecurity suite is designed to actively prevent, detect, and respond to cyber threats in real-time, protecting these systems from malicious attacks. CONTROLit is a cloud-based management tool that helps operators keep track of and manage their fleets of drones. These software offerings are crucial for ensuring the integrity and reliability of unmanned operations.
Hardware and Communication Products
This segment involves the physical components that enable drones and robots to communicate and operate effectively. SkyHopper datalinks are devices that create a two-way communication channel, allowing drones to send and receive data, which is vital for control and information gathering. Mobile mesh communication units create a network among multiple units, allowing them to act as relays and extend communication range. These hardware products are the physical conduits for the secure data transmission that Mobilicom's software manages.
Controller Systems and Integrated Logistic Support
Mobilicom also offers specialized controller systems, which are essentially advanced remote controls for drones and robotic systems. These controllers, like the Mini-Controller PRO and Maxi-Controller PRO, come in various sizes and feature advanced capabilities such as high-definition, low-latency video viewing. In addition to the hardware, the company provides Integrated Logistic Support (ILS) services. This means they offer comprehensive support for the lifecycle of the unmanned systems, including operations, maintenance, and safety, ensuring that customers have the necessary assistance to deploy and manage their equipment.
What management is betting on now
Mobilicom's management is focused on expanding its reach in the global aerospace and defense markets by providing advanced communication and cybersecurity solutions for unmanned systems. They are emphasizing the integration of their software and hardware to offer comprehensive packages that address the critical needs for secure and reliable drone and robotic operations. The company is also likely focused on securing new contracts with major defense contractors and government agencies, leveraging its existing relationships and technological capabilities. This strategy aims to capitalize on the rapidly growing demand for sophisticated unmanned technologies.
Price history
How the share price has moved
—
Loading price history…
Is it cheap or expensive?
Fair value — vs current price $2.25
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $14.7M - more cash than debt. Interest coverage -1085.6x.
Net debt
$-14.65M
Interest coverage
-1,085.56x
Mobilicom Limited's profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 5 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
MOB
BASELINE
Mobilicom Limited
Total debt $427.04K Interest coverage -1,085.56x This is the baseline the peer rows are being compared against.
Total debt $4.47M Interest coverage -24.17x Neither company has much profit cushion over interest right now.
Total debt $1.21M Interest coverage -34.85x Neither company has much profit cushion over interest right now.
Total debt $160.13K Interest coverage -19.09x Neither company has much profit cushion over interest right now.
Total debt $9.84M Interest coverage -2.94x Neither company has much profit cushion over interest right now.
Total debt $1.15M Interest coverage -310.70x Neither company has much profit cushion over interest right now.
What you should know
The case for and against MOB
1 Reward
3 Risks
Rewards
-
Revenue grew 5.8% last year.
Risks
-
Return on equity was -374.9% last year — the company lost money on shareholders' equity.
-
Operating margin compressed from -231.0% to -325.1% over 3 years.
-
Insider ownership is only 14.0% (peer median: 21.3%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
-12.17x
P/B
2.53x
P/S
7.96x
EV/EBITDA
-0.91x
PEG ratio
—
Profitability
How much profit each dollar creates
Gross margin
51.7%
Operating margin
-325.1%
Net margin
0.0%
ROE
-374.9%
ROA
-70.6%
Health
Liquidity and balance-sheet strength
Debt / equity
0.04x
Current ratio
10.77x
Quick ratio
10.08x
Total debt
$427.04K
Total cash
$15.08M
Growth
How the business has been compounding
Revenue TTM
$3.64M
Revenue 5Y CAGR
27.7%
EPS TTM
-2.85
EPS 5Y CAGR
—
Cash flow
How much cash the business throws off
Operating CF TTM
$-4.23M
Free CF TTM
$-1.94M
FCF margin
-53.3%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
—