Revenue Growth Shrank Considerably

Author: John Honovich, Published on Aug 26, 2009

Mobotix's Q2 2009 revenue compared to Q2 2008 was up only 7%, notably lower than the previous quarter (27%) and dramatically lower than last year (when 40-50% revenue growth was routine).

This is covered as part of our analysis of Mobotix's recently released 2008/2009 annual report.

This is not a good sign for the growth of the IP camera market. Until recently, Mobotix was a company routinely cited as weathering the storm (in contrast to steep growth reduction at Axis).

With both Axis and, now, Mobotix showing substantial growth reduction it is becoming clearer that this is a broader trend. On the other hand, many of the smaller IP camera manufacturers are still growing at 30%+ rates.

2 reports cite this report:

Sales Almost Flat in Q3 2009 on Dec 02, 2009
In November 2009, Mobotix reported Q3 2009 sales which were up only 2.8% (Mobotix noted that the comparison quarter from a year ago was...
Publicly Traded Video Surveillance Company Directory on Oct 20, 2009
This directory indexes publicly traded video surveillance companies, aggregating recent financial results and analyzing their impact. The directory...
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