Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 8

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 8
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 new and enhanced
products and services in response to customer demands and changing technology, reach and quality of sales and any potential resale or
distribution channels, and capital resources. Competition could lead to a reduction in the rate at which we add new customers, a decrease
in the size of our market share and a decline in our customers. Examples include but are not limited to competition from other companies
in our industry as well as providers of hardware and software technology components to the industry.

The markets in which we compete are characterized
by rapid technological change, which requires us to develop new products and product enhancements, and could render our existing products
and technologies obsolete.

Continuing technological changes
in the market for our products could make our products less competitive or obsolete, either generally or for particular applications.
Our future success will depend upon our ability to develop and introduce a variety of new technologies, innovations, capabilities and
enhancements to our existing product and service offerings, as well as introduce a variety of new product offerings, to address the changing
needs of the markets in which we offer products. Delays in introducing new products, technologies and enhancements, the failure to choose
correctly among technical alternatives or the failure to offer innovative products or enhancements at competitive prices may cause existing
and potential customers to purchase our competitors’ products.

If we are unable to devote
adequate resources to develop new products or cannot otherwise successfully develop new products or enhancements that meet customer requirements
on a timely basis, our products could lose market share, our revenue and profits could decline, and we could experience operating losses.

Failure to obtain necessary regulatory approvals
from the United States Federal Communication Commission, or FCC, the European Telecommunications Standards Institute, or ETSI, Japan’s
Telecom Engineering Center, or Telec, or other governmental agencies or the inability to obtain CE certification from the European Commission
or certifications from various environmental organizations, electronics laboratories, software inspections organization, or aviation or
vehicles and robotics authorities may prevent us from selling our hardware products.

The FCC, ETSI, Telec and other
regulatory organization worldwide are responsible for establishing, managing, and developing safety and operation standards and regulations
for electronics equipment usage in commercial and government market segments.

Failure to obtain necessary
regulatory approvals from the FCC, ETSI and other regulatory organization worldwide may prevent us from marketing, demonstrating and selling
our products in North America, Europe and other global markets which could have an adverse impact on our business, prospects, results
of operations and financial condition.