How did MOBX's revenue and expenses shift in Q1 2025 compared to previous quarters?

Mobix Labs Inc (MOBX) demonstrated significant improvements in revenue and certain expense categories in Q1 2025 compared to the previous quarter, Q1 2024, but continued to report operating losses.

1. **Revenue Growth**: MOBX's revenue soared to $3.17 million in Q1 2025, up from $285,000 in Q1 2024, marking a remarkable 11-fold increase. This substantial growth underscores the company's strong market positioning and strategic initiatives.

|code|Ticker|Name|Date|Total Revenue (FY)|Total Expenses (FY)|market_code|
|---|---|---|---|---|---|---|
|MOBX|MOBX.O|Mobix Labs|2023|1224000||186|
|MOBX|MOBX.O|Mobix Labs|2024|6442000||186|

2. **Cost of Revenue**: The cost of revenue also increased to $1.482 million in Q1 2025 from $329,000 in Q1 2024. This rise reflects the company's expanding operations and the need to manage increased production costs effectively.
3. **Gross Profit**: The gross profit for Q1 2025 was $1.687 million, a clear indication of MOBX's ability to generate profit from its core operations despite the cost increase. This is a significant improvement from the previous quarter.
4. **Operating Loss**: MOBX reported a loss from operations of $14 million in Q1 2025, which, although significant, represented a 28.9% improvement from the previous fiscal quarter. This improvement suggests better cost management and operational efficiency.
5. **Shareholder Value**: The company's focus on driving financial discipline while pursuing strategic opportunities to enhance shareholder value is evident in its reported results. The CEO's emphasis on integrating acquisitions successfully and expanding product offerings has contributed to the revenue growth and margin expansion.

In conclusion, MOBX's Q1 2025 financials reflect a company that is growing rapidly, improving its operational efficiency, and working to enhance shareholder value despite facing challenges such as operating losses.