Mobile Infrastructure Corp

Mobile Infrastructure Corp

MBIC
Mobile Infrastructure CorpUS flagOther OTC
8.05
USD
- -
- -
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
1.56
2.22
2.29
1.45
Basic EPS, GAAP
-1.07
-0.85
-2.45
-1.37
Free Cash Flow per Basic Share
-1.53
0.12
-0.16
-0.04
Dividend per Share
- -
- -
- -
- -
Book Value per Share
-7.72
-8.34
-10.14
-5.86
Tangible Book Value per Share
14.98
13.69
14.78
8.18
Basic Weighted Avg Shares
13
13
13
24
Sales/Revenue/Turnover
20
29
30
34
Operating Margin (%)
-7.67
-19.92
-70.2
-61.13
Depreciation Expense
6
8
9
8
Net Income, GAAP
-11
-8
-25
-25
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
-54.17
-27.9
-82.99
-74.35
Working Capital
8
-86
-65
-60
LT Debt
207
147
134
133
Total Equity
206
187
203
203
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
59
58
59
LT Borrowings
134
134
133
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
29
29
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
19
22
21
Cash, Cash Equivalents & STI
11
9
9
Accounts Receivable, Net
2
3
4
Inventories
- -
- -
- -
Total Current Liabilities
84
82
81
Payables & Accruals
26
24
22
ST Debt
59
58
59
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
8.53%
Free Cash Flow
- -
- -
-240.82%
Net Income, GAAP
- -
- -
209.43%
Sales/Revenue/Turnover
- -
- -
4.02%
Total Cash Common Dividend
- -
- -
145.07%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
7
8
7
- -
29
2023
7
7
8
8
30
2024
9
9
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.17
-0.22
- -
- -
-0.85
2023
-0.18
-0.19
-1.77
- -
-2.45
2024
-0.09
-0.06
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
Sector
Industrials
Industry
Industrial - Infrastructure Operations
Address
United States of America
IPO Date
Nov 14, 2022
Business
Mobile Infrastructure Corporation (NYSE American: BEEP), a Maryland corporation founded in 2015 and headquartered at 30 West 4th Street in Cincinnati, Ohio, owns and operates a diversified portfolio of parking assets across the United States, including parking lots, garages, and related structures totaling approximately 15,100 spaces and 5.2 million square feet as of March 2025, plus 0.2 million square feet of adjacent retail and commercial space; the company targets top 50 metropolitan statistical areas with diverse demand drivers such as urban cores and event venues, employing a value-add asset management strategy leveraging over 40 years of management team experience to optimize utilization in a fragmented market. It generates revenue through ownership, leasing, and active management of these facilities, serving institutional and commercial clients nationwide with a focus on the Midwest and other key regions. Formerly known as MVP REIT II and The Parking REIT, the company completed a business combination with Fifth Wall Acquisition Corp. III in August 2023 to go public, closed a $100 million asset-backed securitization and $87.5 million in refinancings in late 2024 to extend debt maturities and add lending partners while maintaining leverage below 55% loan-to-value, bought out a minority partner in a key asset, and actively pursues acquisitions to expand its portfolio.