Mobilicom Limited Ordinary Shares (MOB)

FairStock Score: 29/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a business I can understand, with durable competitive advantages and a balance sheet that lets it survive mistakes. Mobilicom is a 29-employee maker of embedded software and cybersecurity for small drones and robotics, selling into defense and commercial markets. That is an interesting niche, but I see no evidence of a moat in the figures. No revenue, net income, or EPS figures with a named filed period are supplied, and FairStock notes no Lynch category because there are zero years of filed results, versus the three it needs. The company is losing money: P/E is -1.22, while ROE is -374.88% and ROCE is -70.65%, all FairStock calculations from the data. The Piotroski F-Score is 1/9, which is very weak, and the FairStock Score is 29/100. The one clear balance-sheet positive is low leverage: D/E is 0.04. The Altman Z-Score is 2.80, a gray-zone reading, not a comfortable margin of safety. At the 2026-10-13 close of $3.89, price to book is 4.37, so Mr. Market is paying a premium multiple for a loss-making microcap with a $75.4M market capitalization. The 52-week range of $3.86 to $9.78 shows the shares are near the low, but cheapness is relative to earnings power and assets, and neither is currently demonstrated. Growth may come if drone and defense cybersecurity demand scales, but I have no filed growth numbers to underwrite. Without a record of profitability, cash generation, and a longer reporting history, this remains speculative rather than a value investment.

In plain English: Mobilicom makes software and hardware that help small drones and robots stay secure and follow rules, mainly for defense and commercial users. The business looks weak today: it is very small, losing money, and shows poor financial scores. At $3.89, the price looks expensive compared with its losses and accounting value, even though it is near the low end of its 52-week range.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer