Mobix Labs Expected to Report 54% YoY Revenue Growth Alongside Improved Operating Performance

Core Viewpoint - Mobix Labs, Inc. anticipates significant improvements in financial performance for fiscal year 2025, including increased revenue and reduced operational losses [1][5]. Financial Highlights - Total net revenue for fiscal 2025 is expected to be between $9.7 million and $9.9 million, representing an increase of approximately 54% compared to $6.4 million in fiscal 2024 [5]. - Gross margin for fiscal 2025 is projected to be in the range of 50.2% to 50.5%, an improvement of approximately 10.6% from 39.6% in fiscal 2024 [5]. - GAAP loss from operations for fiscal 2025 is expected to be between $37.7 million and $37.8 million, down from $46.4 million in fiscal 2024 [5]. - For the fourth quarter of 2025, GAAP loss from operations is anticipated to be in the range of $7.2 million to $7.3 million, compared to $11.2 million in the fourth quarter of 2024 [5]. - Adjusted loss from operations for fiscal 2025 is expected to be between $8.5 million and $8.6 million, a 47% improvement from $16.0 million in fiscal 2024 [5]. - Cash and cash equivalents are projected to be between $3.1 million and $3.3 million as of September 30, 2025, a significant increase from $0.2 million as of June 30, 2025, and $0.3 million as of September 30, 2024 [5]. Liquidity Position - The company believes that its year-end cash balance, along with anticipated cash flows and available financing arrangements, provides an improved liquidity position as it executes its operating plan [4]. Use of Non-GAAP Financial Measures - The company utilizes non-GAAP financial measures to provide additional transparency into business trends, which include Adjusted Gross Profit and Adjusted Loss from Operations [6][7]. - These non-GAAP measures are intended to complement GAAP measures and help in understanding the company's ongoing operations and financial performance [8]. Future Reporting - Final results will be reported in the company's Annual Report on Form 10-K for the year ended September 30, 2025, which will include reconciliations of non-GAAP measures to GAAP measures [9].