Filing Flows › Mobix Labs (MOBX) › Q4 FY24
Mobix Labs (MOBX) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 26, 2024
Mobix Labs (MOBX) reported revenue of $3.0M for the fourth quarter fiscal 2024 (Q4 FY24), +582% from a year earlier and +44% from the quarter before. Operating margin was -379.7%, net loss $11.5M (390.6% of revenue).
Mobix Labs, Q4 FY24: revenue $3.0M (+582% year over year), operating margin -379.7%, net loss $11.5M, operating cash flow −$3.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0M | +44% | +582% |
| Operating profit | −$11.2M | — | — |
| Net earnings | −$11.5M | — | — |
| Operating cash flow | −$3.6M | — | — |
What changed
Revenue was $3.0M in Q4 FY24, up 582% year over year and up 44% from the previous quarter.
Gross margin was 56.6%. Operating costs exceeded revenue by $11.2M, an operating margin of -379.7%. The quarter ended with a net loss of $11.5M, wider than the previous quarter's $7.7M loss.
Operating cash flow was −$3.6M. Non-cash charges added back $541K of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $3.8M.
Questions
What was Mobix Labs' revenue in the fourth quarter fiscal 2024?
Mobix Labs (MOBX) reported revenue of $3.0M for the fourth quarter fiscal 2024 (Q4 FY24), +582% from a year earlier and +44% from the quarter before.
Was Mobix Labs profitable in the fourth quarter fiscal 2024?
Operating loss was $11.2M (-379.7% of revenue) and net loss $11.5M.
Source: Mobix Labs 10-K on SEC EDGAR.