Lytus Technologies and Mobilicom Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV
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ORLANDO, FL / ACCESSWIRE / March 8, 2024 / RedChip Companies will air interviews with Lytus Technologies Holdings PTV. Ltd. (Nasdaq:LYT) and Mobilicom Limited (Nasdaq:MOB) on the RedChip Small Stocks, Big Money? show, a sponsored program on Bloomberg TV, this Saturday, March 9, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.
Access the interviews in their entirety at:
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Lytus Technologies: https://www.redchip.com/assets/access/lyt_access
In an exclusive interview, Dharmesh Pandya, CEO of Lytus Technologies, appears on the RedChip Small Stocks Big Money? show on Bloomberg TV to provide a corporate update. Lytus Technologies represents a compelling investment opportunity on the Nasdaq, offering a unique blend of growth potential and strategic positioning in the rapidly evolving digital and healthcare landscapes of India and beyond. With a solid base of over four million active users and a robust platform that seamlessly integrates streaming, cloud and internet services, and advanced technology products like telemedicine, Lytus is poised for significant expansion. The company's strategic pivot to acquire a controlling stake in Sri Sai's business and its focus on consolidating its subscriber base underscore a proactive approach to capturing emerging market opportunities, particularly in e-commerce and telemedicine-a sector receiving a boost from favorable regulations. Lytus' commitment to technological innovation, highlighted by its investments in state-of-the-art infrastructure, including a 5,000-kilometer fiber optic network and the recent launch of Lytus Cloud, positions it as a front-runner in delivering cutting-edge services to a vast customer base. Moreover, its international expansion plans and the strategic restructuring to enhance operational and cost efficiencies signal a forward-thinking management team dedicated to capitalizing on global trends. For investors, Lytus Technologies offers a rare chance to be part of a company with a clear vision for growth, a strong technological foundation, and a strategic foothold in key markets, making its stock an attractive option for those looking to invest in a future-oriented company with a sustainable business model and a clear path to profitability.
Oren Elkayam, Founder and CEO of Mobilicom, appears on the RedChip Small Stocks, Big Money? show on Bloomberg TV to provide a corporate update. Mobilicom presents a strong investment opportunity with its comprehensive and proprietary technology suite. The company's products, including SkyHopper Datalinks, Ground Control Systems, Mobile Mesh Networking, the ICE Cybersecurity Suite, and CONTROLiT cloud management, form the core 'brain' of drones, providing control, guidance, and cybersecurity. Mobilicom's intellectual property, comprising trade secrets and 34 patent claims across two patent families, underscores its innovation leadership. With a global footprint, the company has secured over 50 customers in 18 countries and achieved 50 "design wins," indicating significant market penetration and long-term revenue potential. Recent milestones include a $900,000 order from a top-tier Israeli defense manufacturer and a significant U.S. defense deal. Financially robust, Mobilicom reported a 62% gross margin in 2022, a strong cash balance of $10.6 million as of June 30, 2023, no bank debt, and a low burn rate. The company is poised to shift its revenue focus from hardware to Software-as-a-Service (SaaS) and recurring cybersecurity revenues from 2024. These factors, combined with its innovative solutions, expanding customer base, and significant market potential, make Mobilicom an attractive investment proposition in the burgeoning drone and robotics market.
