Revenue Growth and Financial Performance
Mobix Labs delivered revenue of $3.17 million in fiscal Q1 2025, exceeding prior guidance and marking a 7.3% sequential increase over the prior quarter. Revenue grew 11-fold compared to the same fiscal quarter last year.
Strategic Acquisitions
Mobix Labs announced the acquisition of Spacecraft Components Corp and SCP Manufacturing, expected to strengthen their position in the aerospace and defense markets and enhance operational efficiency, gross margins, and overall profitability.
Product and Technology Innovation
The launch of Filtered ARINC Connectors set a new industry standard with growing demand. RaGE Systems received a Phase 1 SBIR grant for a satellite communications project, highlighting technological leadership.
Profitability Improvements
Adjusted loss from operations improved by 28.9%, narrowing to $2.5 million from $3.6 million in Q4, marking the fourth consecutive quarter of reduced operating losses.