Bard Associates (MOB) holds 426,557 shares, 3.5% of Mobilicom Ltd
Bard Associates, Inc. has filed an amendment (Schedule 13G/A) reporting beneficial ownership of 426,557 shares of Mobilicom Ltd Common Stock, which represents 3.5% of the class. The filing indicates that Bard Associates holds shared dispositive power over these shares and no sole voting or dispositive power, classifying them as a passive investor, as their ownership remains below the 5% threshold. This update provides current beneficial ownership information without implying future transactions.
MAR 26·Simply Wall Street▲
We Think Mobilicom (NASDAQ:MOB) Can Easily Afford To Drive Business Growth
Mobilicom (NASDAQ:MOB) has demonstrated a strong financial position, with a cash runway of 9.8 years and analysts expecting it to reach cashflow breakeven sooner. The company successfully reduced its cash burn by 40% and increased operating revenue by 5.8% in the last year, indicating improving financial health. With a market capitalization of US$66m and a cash burn of US$1.9m, Mobilicom is well-positioned to fund future growth without significant dilution.
MAR 24·Stock Titan▲
A $249M drone program could feed Mobilicom orders for the next 5 years
Mobilicom (NASDAQ: MOB) reported its 2025 year-end financial results, highlighting a 7% revenue growth to $3.4 million and a significant 120% increase in cash to $19.1 million. This financial improvement was bolstered by $12.6 million from warrant exercises and equity raises, alongside a 41% reduction in operating cash burn. A major operational highlight is a Tier-1 customer securing a $249 million U.S. Department of War Program of Record, which is expected to drive substantial follow-on orders for Mobilicom's drone systems over the next five years.