Mobotix AG

MBQ

Equity

ISIN DE0005218309 / Valor 3426869

Xetra (2024-09-16)

EUR 0.53-4.50%

Mobotix AG
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About company

Mobotix AG is a company that has been a pioneer in high-end video systems since 1999, offering innovative decentralized edge technology that has revolutionized the industry. They develop, produce, and program video systems and software for comprehensive solutions, with a focus on providing security and surveillance solutions for various sectors, including transportation. Mobotix's advanced video technology is designed to help transportation agencies like Montebello Bus Lines in Los Angeles County improve safety and security by enabling faster responses to incidents. With a commitment to protecting customers through their decentralized architecture and encrypted data transmission, Mobotix offers effective total solutions for companies in various industries, including waste management.

Summarized from source with an LLMView SourceSector: Technology

Revenue Decline

Mobotix AG reported a significant decline in revenue for the first half of the 2023/24 financial year. Sales decreased by 31.0% compared to the previous year, dropping from EUR 33.1 million to EUR 22.9 million. This decline was primarily attributed to project delays and postponed customer financing.

Net Loss

The company ended the first half of the 2023/24 financial year with a net loss of -EUR 3.8 million, compared to a net loss of -EUR 0.3 million in the same period of the previous year. The sales margin also deteriorated, falling to -16.9% from -0.9% in the first half of 2022/23.

Regional Sales Performance

Mobotix AG experienced varied sales performance across different regions in the first half of the 2023/24 financial year. Sales in the DACH region decreased by 21%, in Europe by 35%, and in America by 61%. However, the APAC region saw a 10% increase in sales.

EBITDA and EBIT

EBITDA for Mobotix AG in the first half of the 2023/24 financial year was -EUR 1.1 million, down by EUR 3.6 million compared to the previous year's first half. EBIT also saw a significant decline, amounting to -EUR 3.2 million, which was EUR 3.6 million lower than the previous year's first half.

Cash Flow and Equity

The operating cash flow before working capital changes was -EUR 2.1 million for the first half of 2023/24, compared to EUR 1.8 million in the previous year. Equity decreased by EUR 3.8 million to EUR 14.3 million, with the equity ratio dropping from 22.3% to 18.9% as of March 31, 2024.

Summarized from source with an LLMView Source

Key figures

-80.7%1Y

-93.5%3Y

-93.9%5Y

Performance

95.5%1Y

69.5%3Y

65.5%5Y

Volatility