Mobotix Growth Stalls Again

Author: John Honovich, Published on Nov 21, 2012

For the second quarter in the last year, Mobotix's growth has gone flat. Worse, the company missed badly on its own revenue goals set at the beginning of their fiscal year. However, the company remains irrationally bullish, especially with its continued expansion into the home automation market. Inside this note, we dig into the financial details and competitive positioning.

Key Metrics

**** ********* ****** ******:

  • ******* ****** *** *** **** *** **.*% **** **** ****
  • *******, ***** **** ***** **** ****** **** ** **** ****** ~0% **** **** ****
  • *** **** *** **** *********** ***** ******* **** ******** ** revenues ** **** ** ** **% **** ****

******* ****** ** ** ******** ******** **********:

"[******* ******] *** ************ ******** ** *** **** ****** ** Europe. *** **** ************* ****** **** *** **** **** **** the **** *** ******** ** ****** *** ******** ********* *** now ***********, *** * ********* ************ ***** ******* **** ******** in *** ***** ** ****** *****."

****** ****** ************* **************. ******* *** **** *.*% ** ******, excluding *******. *******, ** ******* *** *** ** ******* ****** was **** ** ~**%. ****** ****** *** ********** *** ***** recent ****. *******, ** ****** **** ********* ** *******.

Mobotix *** ************

**** ********** ** *** ***** **** *** *******. ******** ** the*** ***** **** *******, ******* *********** ***** ******** ********:display

  • ********* *** ********** ** *** ***'* ** *** **** *** let **** ** (********** ** ** ** ******)
  • ******** ******
  • ******/**** *** **** "******** ************* **** ******* ***** *** ********, ******* ***-*** ************* with ******** *** *** ******** **** *** ****. ** ** also ******** ** ******** ***** ******* ********, **** ****** *** recordings **** *** ********** **** ******** *** *******."

*** **** **** ** **** **** *** ******* *** ***** home ********** ********. *** *** ** **** ** ** ** little *** ** ***** **** ****** ** ************ ************ *****.

*******'* **** ******* **** **** *** ******, * **** *** ***** ******* **** ************* **** ******* just ****** ***** **** ********.

Competitive **********

*******'* *********** *********** ********* ** ***********. ******* ** * ******* change ** ********, ***** **** **** ** **** **** ********** becomes * **** ********. **** ********* ******* ******* ** *** core ******** ****** *** ********** ********* ***** ****** ******** ********* (**** *.*** *** *****), ******* is ************ ******** *** ************ **** *** **** ** *** industry.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports on Financial Updates

Avigilon Shifts Strategy To Maximizing Profitability (Q4 2016 Results) on Mar 01, 2017
Avigilon had previously been known for big spending, hiring a large sales force and throwing lavish partner parties at tradeshows like ISC West....
Avigilon Stock Surges 40% On Strong Growth (Q3 2016) on Nov 15, 2016
The roller coaster continues. After a brutal Q2 heading down, Avigilon's Q3 growth is strongly up. Inside this note, we examine what powered...
Axis Video Revenue Down (Q3 2016) on Oct 20, 2016
An important milestone. Axis revenue for video products is down year over year. But Axis is now focusing on 'diversification'. In this report, we...
Avigilon Stock Plunges On Bad Financials (Q2 2016) on Aug 16, 2016
Avigilon's stock went down 25% the day after it announced earnings. The stock had already been down by more than 60% from its peak. The market is...
Avigilon Weakest Quarter Ever (Q1 2016) on May 11, 2016
Just 2 years ago, Avigilon revenue grew an astounding 74%. Now, that feels like 20 years ago. Avigilon's growth rate continues to fall, while...
Anixter Security Slow Sales Continues Q1 2016 on Apr 27, 2016
Anixter shook things up in 2015, paying $420 million for Tri-Ed. Now, nearly 2 years later, Anixter's slow security sales continue. In this note,...
Axis Q1 2016 Financial Results - Asia Down / Terrorism Up on Apr 14, 2016
Axis Q1 2016 growth was overall solid but with two diverging trends - Asia and terrorism. In this note, we breakdown the results and analyze what...
Hikvision Growth Rate and Profits Falling Q4 2015 on Feb 24, 2016
Many, including us, were surprised by Hikvision's desperate price slashing on the final days of 2015. Now, it makes a lot more sense. Hikvision's...
Hikvision Announces Weakened Profits on Jan 19, 2016
Hikvision released a special announcement in Chinese, disclosing weakened profits for 2015 amid fierce competition. In this note, we examine what...
Avigilon Bad Financial Results Q3 2015 on Nov 04, 2015
Growth hit a record low, with sales expenses continuing to surge yet minimal increases in R&D. The first financials after the death of the...

Most Recent Industry Reports

Everbridge Mass Notification Service Examined on Mar 24, 2017
Everbridge is expanding in the security space. In January 2017 Everbridge acquired PSIM platform IDV, and have also begun integrating with other...
Hikvision Removing Auto 'Phone Home' on Mar 24, 2017
Facing pressure over their cameras auto phoning home and their Chinese government ownership, Hikvision has begun quietly removing automatic...
Axis Camera Vulnerabilities From Google Researcher Analyzed on Mar 23, 2017
A Google security researcher has reported 6 vulnerabilities for Axis cameras, affecting multiple models and firmware versions. In this report, we...
OpenEye Takes Aim At Exacq on Mar 23, 2017
First Milestone targeted Exacq with a takeover offer, and now OpenEye is gunning for them with an offer to swap out Exacq for their cloud-managed...
Lock Keyways For Access Control Guide on Mar 23, 2017
Lock keyways can be the difference between a lock working or not. Understanding keyways is important for access control. Indeed, a member recently...
Broken Browser Support for Video Surveillance on Mar 22, 2017
Modern web browsers have left the security industry behind. Current Chrome, Firefox, and Microsoft Edge browsers do not support NPAPI plugins,...
ADI Favorability Results on Mar 22, 2017
150 North American integrators provided feedback on 6 distributors, and why they do (or do not do) business with ADI. ADI is clearly a big name in...
1 Million Dahua Devices Exposed To Backdoor on Mar 22, 2017
Statistics show that 1 million Dahua devices are publicly exposed and vulnerable to the Dahua backdoor. Despite this, Dahua has downplayed the...
Hikvision Hires Crisis Communication Writer on Mar 21, 2017
Hikvision has hired a crisis communication writer as the company ramps up its efforts to deal with the 'crisis' it feels it is facing. 'Crisis...
Glass Break Sensor Tutorial on Mar 21, 2017
Burglars often break glass windows to get into a house. Using glass break detectors in conjunction with alarm contacts is a good way to protect the...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact