DC_Padur the home icon on mobile app lacks much usefulness in its current state IMHO.
The bigger usability problem is that when a user had been browsing different sites and pages in the app, after a time, there is no obvious way to get back to root or home. One has to either wade their way home by tapping back buttons infinite number of times, or close and restart the app, or place a link on every site's (or hub site's) nav.
If the home icon/button is sticky or placed on the skinny toolbar at top, then it makes it very easy for users not to lose their way and get a one-tap ticket back to home.
Talking about mobile app, I also have this concern on SVG requirement of the company logo: https://techcommunity.microsoft.com/t5/microsoft-sharepoint-blog/sharepoint-mobile-app-will-now-allow-admins-to-customize-their/bc-p/1413245/highlight/true#M4842