NASDAQ : BEEP
Mobile Infrastructure Corporation — Financial statements
Industrials · Infrastructure Operations · United States
Last price 2.53 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 110.38M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Rental Revenue | 34.67M | 35.08M | 37.01M | 30.27M | 28.67M | 15.96M |
| Property Management Fees | 427.00K | 4.47M | ||||
| Total Revenue | 34.67M | 35.08M | 37.01M | 30.27M | 29.10M | 20.42M |
| Property Expenses | 13.35M | 14.31M | 14.34M | 9.16M | 9.83M | 6.96M |
| Selling, General & Administrative | 9.78M | 9.56M | 12.59M | 17.75M | 16.82M | 9.18M |
| Depreciation & Amortization | 9.23M | 10.58M | 8.40M | 8.51M | 8.25M | 5.85M |
| Total Operating Expenses | 32.36M | 34.45M | 35.33M | 35.42M | 34.90M | 21.99M |
| Operating Income | 2.31M | 620.00K | 1.68M | -5.15M | -5.80M | -1.57M |
| Interest Expense | -19.55M | -19.04M | -13.83M | -13.91M | -12.91M | -9.54M |
| Other Non-Operating Income | 441.00K | 256.00K | 134.00K | -16.12M | 106.00K | -11.65M |
| EBT Excluding Unusual Items | -16.80M | -18.16M | -12.02M | -35.18M | -18.60M | -22.75M |
| Gain (Loss) on Sale of Assets | -1.24M | -124.00K | 2.65M | 660.00K | -52.00K | |
| Asset Writedown | -3.76M | -3.76M | -157.00K | -8.98M | ||
| Total Legal Settlements | 300.00K | 1.20M | ||||
| Other Unusual Items | -3.94M | -1.67M | 844.00K | 4.07M | 328.00K | 10.39M |
| Pretax Income | -25.75M | -23.71M | -8.38M | -38.24M | -18.33M | -12.36M |
| Earnings From Continuing Operations | -25.75M | -23.71M | -8.38M | -38.24M | -18.33M | -12.36M |
| Net Income to Company | -25.75M | -23.71M | -8.38M | -38.24M | -18.33M | -12.36M |
| Minority Interest in Earnings | 2.44M | 2.27M | 2.62M | 13.12M | 10.21M | 1.30M |
| Net Income | -23.31M | -21.44M | -5.76M | -25.12M | -8.12M | -11.06M |
| Preferred Dividends & Other Adjustments | 842.00K | 961.00K | 1.77M | 7.35M | 3.00M | 3.00M |
| Net Income to Common | -24.15M | -22.40M | -7.54M | -32.48M | -11.12M | -14.06M |
| Basic Shares Outstanding | 39.88M | 40.50M | 32.01M | 13.24M | 13.09M | 7.74M |
| Diluted Shares Outstanding | 39.88M | 40.50M | 32.01M | 13.24M | 13.09M | 7.74M |
| EPS (Basic) | -0.61 | -0.55 | -0.24 | -2.45 | -0.85 | -1.82 |
| EPS (Diluted) | -0.61 | -0.55 | -0.24 | -2.45 | -0.85 | -1.82 |
| Operating Margin | 6.66% | 1.77% | 4.53% | -17.01% | -19.92% | -7.67% |
| Profit Margin | -69.65% | -63.87% | -20.37% | -107.28% | -38.21% | -68.86% |
| EBITDA | 11.54M | 11.20M | 10.08M | 3.36M | 2.45M | 4.28M |
| EBITDA Margin | 33.29% | 31.92% | 27.24% | 11.11% | 8.43% | 20.97% |
| D&A For Ebitda | 9.23M | 10.58M | 8.40M | 8.51M | 8.25M | 5.85M |
| EBIT | 2.31M | 620.00K | 1.68M | -5.15M | -5.80M | -1.57M |
| EBIT Margin | 6.66% | 1.77% | 4.53% | -17.01% | -19.92% | -7.67% |
| Revenue as Reported | 34.67M | 35.08M | 37.01M | 30.27M | 29.10M | 20.42M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Property, Plant & Equipment | 339.76M | 358.76M | 383.28M | 395.68M | 411.27M | 399.41M |
| Cash & Equivalents | 5.07M | 8.35M | 10.65M | 11.13M | 5.76M | 11.80M |
| Accounts Receivable | 3.51M | 3.98M | 3.52M | 2.27M | 1.85M | 4.03M |
| Other Receivables | 156.00K | |||||
| Other Intangible Assets | 3.29M | 3.37M | 6.45M | 7.20M | 7.82M | 8.23M |
| Loans Receivable Current | 3.12M | |||||
| Restricted Cash | 5.84M | 6.93M | 5.16M | 5.58M | 5.22M | 4.89M |
| Other Current Assets | 696.00K | 676.00K | ||||
| Deferred Long-Term Charges | 1.80M | 2.09M | ||||
| Other Long-Term Assets | 871.00K | -742.00K | 2.88M | 1.38M | 1.26M | 108.00K |
| Total Assets | 358.34M | 382.46M | 415.06M | 423.24M | 436.11M | 429.15M |
| Current Portion of Long-Term Debt | 6.00M | 200.00K | 2.73M | 24.67M | ||
| Current Portion of Leases | 40.00K | |||||
| Long-Term Debt | 168.89M | 181.77M | 183.19M | 109.71M | 146.95M | 207.15M |
| Long-Term Leases | 264.00K | |||||
| Accounts Payable | 7.61M | 9.69M | 10.43M | 14.67M | 10.98M | 2.85M |
| Accrued Expenses | 5.90M | 4.90M | ||||
| Current Unearned Revenue | 100.00K | 100.00K | 200.00K | |||
| Other Current Liabilities | 727.00K | 557.00K | 1.06M | 10.93M | 9.94M | 5.50M |
| Long-Term Unearned Revenue | 155.00K | |||||
| Other Long-Term Liabilities | 935.00K | 1.78M | 8.50M | 7.67M | ||
| Total Liabilities | 211.41M | 223.42M | 225.79M | 220.28M | 249.10M | 223.32M |
| Common Stock | 2.00K | 2.00K | 2.00K | 2.00K | ||
| Additional Paid-In Capital | 297.51M | 299.45M | 306.72M | 262.18M | 193.18M | 196.18M |
| Retained Earnings | -171.50M | -161.50M | -140.06M | -134.29M | -109.17M | -101.05M |
| Comprehensive Income & Other | 3.32M | 3.32M | 3.32M | 3.32M | 3.32M | 3.32M |
| Total Common Equity | 129.33M | 141.27M | 169.98M | 131.21M | 87.33M | 98.45M |
| Minority Interest | 17.61M | 17.77M | 19.29M | 71.74M | 99.68M | 107.38M |
| Shareholders' Equity | 146.93M | 159.04M | 189.27M | 202.96M | 187.01M | 205.82M |
| Total Liabilities & Equity | 358.34M | 382.46M | 415.06M | 423.24M | 436.11M | 429.15M |
| Total Debt | 197.08M | 208.17M | 213.16M | 192.90M | 219.68M | 207.15M |
| Net Cash (Debt) | -192.01M | -199.82M | -202.50M | -181.77M | -213.92M | -195.35M |
| Net Cash Per Share | -4.82 | -4.93 | -6.33 | -13.72 | -16.34 | -25.23 |
| Filing Date Shares Outstanding | 39.40M | 39.30M | 40.70M | 28.50M | 7.76M | 7.76M |
| Total Common Shares Outstanding | 39.35M | 39.66M | 40.38M | 27.86M | 7.76M | 7.76M |
| Book Value Per Share | 3.29 | 3.56 | 4.21 | 4.71 | 11.25 | 12.68 |
| Tangible Book Value | 126.03M | 137.90M | 163.54M | 124.02M | 79.51M | 90.22M |
| Tangible Book Value Per Share | 3.20 | 3.48 | 4.05 | 4.45 | 10.24 | 11.62 |
| Land | 142.58M | 150.57M | 157.92M | 161.29M | 166.22M | 166.22M |
| Buildings | 236.16M | 244.63M | 259.75M | 260.97M | 272.61M | 254.38M |
| Construction In Progress | 972.00K | 87.00K | 13.00K | 273.00K | 1.21M | 89.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -23.31M | -21.44M | -5.76M | -25.12M | -8.12M | -11.06M |
| Depreciation & Amortization | 9.23M | 10.58M | 8.40M | 8.51M | 8.25M | 5.88M |
| Other Amortization | 3.81M | 2.68M | 1.42M | 1.24M | 1.73M | 346.00K |
| Gain (Loss) on Sale of Assets | 1.24M | 124.00K | -2.65M | -660.00K | 52.00K | |
| Asset Writedown | 3.76M | 3.76M | 157.00K | 8.98M | ||
| Stock-Based Compensation | 3.24M | 3.14M | 5.72M | 7.48M | 2.51M | 144.00K |
| Change in Accounts Receivable | -88.00K | -516.00K | -1.25M | -420.00K | 2.18M | -2.88M |
| Change in Accounts Payable | 4.53M | 5.24M | -1.92M | 2.81M | 7.10M | -4.08M |
| Change in Other Net Operating Assets | -409.00K | 325.00K | -673.00K | -2.97M | -1.88M | 3.63M |
| Other Operating Activities | -1.26M | -3.04M | -4.23M | -1.98M | -10.54M | -12.04M |
| Operating Cash Flow | 751.00K | 848.00K | -784.00K | -2.12M | 1.51M | -20.06M |
| Acquisition of Real Estate Assets | -897.00K | -1.10M | -511.00K | -1.82M | -19.92M | -20.21M |
| Sale of Real Estate Assets | 29.37M | 14.00M | 4.75M | 1.48M | 650.00K | |
| Net Sale / Acq. of Real Estate Assets | 28.48M | 12.90M | 4.24M | -346.00K | -19.27M | -20.21M |
| Other Investing Activities | 189.00K | 3.43M | ||||
| Investing Cash Flow | 28.66M | 16.33M | 4.24M | -346.00K | -19.44M | -20.25M |
| Short-Term Debt Issued | 7.57M | 27.24M | 73.70M | |||
| Long-Term Debt Issued | 88.30M | 93.40M | 3.87M | |||
| Total Debt Issued | 94.15M | 95.88M | 120.64M | 73.70M | 3.87M | |
| Short-Term Debt Repaid | -8.91M | -58.70M | -15.00M | |||
| Long-Term Debt Repaid | -89.85M | -40.05M | -14.09M | -58.76M | -6.34M | |
| Total Debt Repaid | -110.81M | -98.77M | -98.75M | -29.09M | -58.76M | -6.34M |
| Net Debt Issued (Repaid) | -16.66M | -2.89M | 21.89M | -29.09M | 14.95M | -2.48M |
| Issuance of Common Stock | 38.87M | 263.00K | ||||
| Repurchase of Common Stock | -5.28M | -4.11M | -1.46M | |||
| Preferred Share Repurchases | -3.32M | -5.50M | -10.83M | |||
| Preferred Dividends Paid | -858.00K | -989.00K | -9.69M | |||
| Total Dividends Paid | -858.00K | -989.00K | -9.69M | |||
| Other Financing Activities | -8.25M | -4.23M | -4.25M | -1.57M | -2.73M | 51.18M |
| Miscellaneous Cash Flow Adjustments | 146.00K | |||||
| Net Cash Flow | -4.95M | -535.00K | -892.00K | 5.74M | -5.72M | 8.80M |
| Levered Free Cash Flow | 6.67M | 8.21M | -10.43M | 11.14M | 14.89M | -6.25M |
| Unlevered Free Cash Flow | 15.08M | 17.43M | -3.20M | 18.59M | 21.22M | -638.75K |
| Cash Interest Paid | 13.44M | 12.83M | 11.10M | 12.74M | 10.61M | 9.88M |
| Change in Working Capital | 4.04M | 5.05M | -3.83M | -578.00K | 7.62M | -3.32M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 104.70M | 103.02M | 145.97M | 53.01M | 354.23M | 350.70M |
| Enterprise Value | 296.71M | 326.51M | 403.40M | 326.99M | 670.90M | 633.42M |
| Last Close Price | 2.52 | 2.55 | 4.50 | 4.05 | 10.04 | 9.94 |
| PS Ratio | 3.13 | 2.94 | 3.94 | 1.75 | 12.17 | 17.17 |
| PB Ratio | 0.77 | 0.65 | 0.77 | 0.26 | 1.89 | 1.70 |
| P/OCF Ratio | 144.65 | 121.49 | 234.75 | |||
| EV/Sales Ratio | 8.67 | 9.31 | 10.90 | 10.80 | 23.05 | 31.01 |
| EV/EBITDA Ratio | 26.05 | 29.16 | 40.02 | 97.23 | 273.62 | 147.86 |
| EV/EBIT Ratio | 130.15 | 526.63 | 240.55 | |||
| Debt / Equity Ratio | 1.34 | 1.31 | 1.13 | 0.95 | 1.18 | 1.01 |
| Debt / EBITDA Ratio | 17.02 | 18.53 | 21.15 | 57.36 | 89.59 | 48.04 |
| Net Debt / Equity Ratio | 1.31 | 1.26 | 1.07 | 0.90 | 1.14 | 0.95 |
| Net Debt / EBITDA Ratio | 16.64 | 17.85 | 20.09 | 54.05 | 87.24 | 45.60 |
| Asset Turnover | 0.09 | 0.09 | 0.09 | 0.07 | 0.07 | 0.06 |
| Quick Ratio | 0.20 | 0.30 | 0.34 | 0.12 | 0.08 | 1.90 |
| Current Ratio | 0.34 | 0.47 | 0.54 | 0.17 | 0.15 | 2.56 |
| Return on Equity (ROE) | -15.80% | -13.62% | -4.27% | -19.61% | -9.33% | -7.81% |
| Return on Assets (ROA) | 0.38% | 0.10% | 0.25% | -0.75% | -0.84% | -0.27% |
| Earnings Yield | -25.23% | -20.81% | -3.95% | -47.39% | -2.29% | -3.16% |
| Buyback Yield / Dilution | -5.11% | -26.53% | -141.67% | -1.18% | -69.09% | -5.62% |
| Total Shareholder Return | -5.11% | -26.53% | -141.67% | -1.18% | -69.09% | -5.62% |