Mobilicom Ltd. ADR (MOB) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Mobilicom Ltd. ADR has released its unaudited interim condensed consolidated financial statements for the half-year ended June 30, 2024, showing a considerable increase in revenue to $1.8 million from $543,431 the previous year. Despite this growth, the company incurred a loss before income tax of approximately $1.6 million and a total comprehensive loss of $1.8 million for the half-year. These results reflect significant investments in research and development, as well as selling, marketing, and administrative expenses.
For further insights into MOB stock, check out TipRanks’ Stock Analysis page.