Mobilicom (MOB) investor relations material

Executive summary

• First half 2026 revenue reached $1.7 million, with $1.2 million in Q2, driven by scaled deployments for Tier-1 U.S. defense programs and new product launches, with 100% of Q2 revenue from off-the-shelf product sales to U.S. defense and enterprise customers.

• Transitioned from episodic orders to monthly production deliveries, particularly for the U.S. DoW Program of Record, accelerating conversion from design wins to production and delivery.

• Expanded design wins with Tier-1 Israeli and U.S. defense customers, including next-gen loitering munitions and AI-enabled autonomous weapon systems, and ongoing U.S. Tier 1 customer deliveries.

• Achieved FCC Trusted Drone status, one of only four companies to receive this designation, supporting U.S. onshoring and regulatory compliance.

• Maintained strong cash position with nearly $16 million in hand and no debt, providing a multi-year runway.

Financial highlights

• Second quarter revenue was $1.2 million, contributing to $1.7 million for the first half, up from $1.5 million in the prior year period.

• Gross margin stood at 52%, reflecting higher-volume production and IP value capture.

• Adjusted EBITDA for H1 2026 was $(2.9) million, with EBITDA loss averaging about $0.5 million per month.

• Net loss for H1 2026 was $6.7 million, compared to $68,746 in H1 2025, with IFRS net loss higher due to non-cash items.

• Cash and cash equivalents totaled $15.2 million as of June 30, 2026, or $15.9 million adjusted for post-period reimbursement.

Outlook and guidance

• Expectation of continued monthly delivery cadence and ramp-up in U.S. defense programs, with order backlog at $1.0 million as of June 30, 2026, and additional orders expected in H2.

• Production and procurement of long-lead items to support anticipated demand and U.S. manufacturing ramp in 2026.

• On track to meet or exceed full-year targets for Tier 1 platform wins and OEM software partnerships.

• U.S. manufacturing build-out and regulatory positioning expected to support future scale and market share.

• Focus on deepening software layer and finalizing U.S. manufacturing agreements.