MOBIX LABS, INC MOBX
in Irvine, California, Mobix Labs designs, develops and sells components and systems for advanced wireless and wired connectivity, radio
frequency ("RF"), switching and electromagnetic interference ("EMI") filtering technologies. Our solutions are
used in the defense, aerospace, commercial, industrial and other markets. To enhance our product portfolio, we also intend to pursue
acquisitions of companies with existing revenue which can be scaled, and which possess technologies that accelerate the speed, accessibility,
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $9.9M | $6.4M | $1.2M | — | — | — |
| Cost of revenue | $4.9M | $3.9M | $1.6M | — | — | — |
| Gross profit | $5.0M | $2.6M | -$396.0K | — | — | — |
| R&D | $2.4M | $5.8M | $11.0M | — | — | — |
| SG&A | $39.6M | $41.8M | $24.1M | $1.1M | — | — |
| Operating income | -$37.7M | -$46.4M | -$35.5M | -$1.3M | — | — |
| Interest expense | $2.3M | $1.6M | $3.4M | — | — | — |
| Pre-tax income | -$46.1M | -$22.5M | -$39.6M | -$776.1K | — | — |
| Income tax | $7.0K | $2.4M | $67.0K | $0 | — | — |
| Net income | -$46.1M | -$20.0M | -$39.6M | -$776.1K | — | — |
| EPS, basic | -10.15 | -7.28 | -2.71 | — | — | — |
| EPS, diluted | -10.15 | -7.53 | -2.71 | — | — | — |
| Shares, diluted (wtd. avg.) | $4.5M | $2.9M | $14.6M | $4.8M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $3.3M | $266.0K | $89.0K | $178.0K | $240.7K | $0 |
| Receivables | $1.4M | $2.8M | $53.0K | — | — | — |
| Inventory | $1.4M | $1.7M | $319.0K | — | — | — |
| Total current assets | $6.7M | $5.3M | $830.0K | $175.8K | $673.3K | — |
| Property, plant and equipment | $328.0K | $1.2M | $1.9M | — | — | — |
| Goodwill | $16.1M | $16.1M | $5.2M | — | — | — |
| Other intangibles | $13.5M | $15.2M | $5.3M | — | — | — |
| Total assets | $37.1M | $39.1M | $18.7M | $10.0M | $80.7M | — |
| Accounts payable | $9.0M | $10.8M | $9.0M | — | — | — |
| Short-term debt | $5.1M | $2.1M | $6.6M | — | — | — |
| Total current liabilities | $27.8M | $26.1M | $20.4M | $1.0M | $69.0K | — |
| Long-term debt | $1.1M | $1.3M | $6.6M | — | — | — |
| Total liabilities | $37.4M | $33.6M | $21.8M | $2.4M | $1.7M | — |
| Retained earnings | -$150.6M | -$104.5M | -$83.8M | -$2.1M | -$1.1M | — |
| Total equity | -$336.0K | $5.5M | -$5.3M | -$9.4M | -$1.1M | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$10.1M | -$18.4M | -$14.6M | -$321.0K | — | — |
| Depreciation and amortisation | $366.0K | $472.0K | $449.0K | — | — | — |
| Stock-based compensation | $25.6M | $21.4M | $15.5M | — | — | — |
| Capital expenditure | $26.0K | $44.0K | — | — | — | — |
| Investing cash flow | $1.0K | -$1.1M | -$633.0K | $70.2M | — | — |
| Financing cash flow | $13.1M | $19.7M | $15.2M | -$69.9M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-040664.
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