Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 7

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 7
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 injury or death, environmental damage, adverse
impacts on our operation, costs, monetary losses, potential legal liability and adverse governmental action, any of which could have an
adverse impact on our future cash flows, earnings and financial condition. Also, we may be subject to or affected by liability or sustain
loss for certain risks and hazards against which we cannot insure or which we may elect not to insure because of the cost. This lack of
insurance coverage could have an adverse impact on our future cash flows, earnings, results of operations and financial condition.

We operate in evolving markets, which makes
it difficult to evaluate our business and future prospects.

Our cybersecurity, smart solutions
and services are sold in rapidly evolving markets. The commercial drones and robotics market is in early stages of customer adoption.
Accordingly, our business and future prospects may be difficult to evaluate. We cannot accurately predict the extent to which demand for
our products and services will increase, if at all. The challenges, risks and uncertainties frequently encountered by companies in rapidly
evolving markets could impact our ability to do the following:

  generate sufficient revenue to reach and maintain profitability;  

  acquire and maintain market share;  

  achieve or manage growth in operations;  

  develop and renew contracts;  

  attract and retain research and engineering personal and other highly-qualified personnel;  

  successfully develop and commercially market new products and services;  

  adapt to new or changing policies and spending priorities of governments and commercial enterprises; and  

  access additional capital when required and on reasonable terms.  

If we fail to address these
and other challenges, risks and uncertainties successfully, our business, results of operations and financial condition would be materially
harmed.

We operate in a competitive market.

We face competition from companies
such as Silvus, DTC, Microhard, Creao, UXV Technologies, Skygrid and others and new competitors will continue to emerge throughout the
world. Services offered by our competitors may take a larger share of our customers’ spending than anticipated, which could cause
revenue generated from our products to fall below expectations. It is expected that competition in these markets will intensify.

If our competitors develop
and market more successful products or offer competitive products at lower price points, or if we do not produce consistently high-quality
and well-received products our revenues, margins, and profitability will decline.

Our ability to compete effectively
will depend on, among other things, our pricing of products and equipment, quality of customer service, development of