# Mobile Infrastructure Corporation (BEEP)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $75M  
**Price:** $1.89

> Mobile Infrastructure Corporation is a Maryland-based owner and operator of parking and mobility real estate across the United States. As the nation's only publicly traded owner of parking infrastructure, it specializes in acquiring, owning, and leasing parking lots, garages, and related structures, primarily in the top 50 metropolitan statistical areas with diverse demand drivers such as contract parking, residential monthly contracts, and transient volumes. The company employs a value-add asset management approach, integrating predictive analytics technology with operational expertise to optimize utilization, pricing, and customer retention at its institutional-quality facilities. Mobile Infrastructure Corporation focuses on a fragmented market, generating revenue through base and percentage rental income, managed property revenue, and management agreements that provide stable recurring income from commercial and residential parkers. It serves urban markets impacted by return-to-office trends, venue reopenings, and mobility demands. Founded in 2015 and headquartered in Cincinnati, Ohio, Mobile Infrastructure Corporation plays a unique role in the real estate sector by consolidating and professionalizing parking assets essential to city infrastructure and transportation ecosystems.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $35M | — | — | -$21M | — |
| 2024 | $37M | — | — | -$6M | — |
| 2023 | $30M | — | — | -$25M | — |
| 2022 | $29M | — | -$3M | -$8M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $382M | $223M | $141M | $8M | $198M |
| 2024 | $415M | $226M | $170M | $11M | $188M |
| 2023 | $423M | $220M | $131M | $11M | $135M |
| 2022 | $436M | $249M | $87M | $6M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $848,000 | — | — |
| 2024 | -$784,000 | — | — |
| 2023 | -$2M | — | — |
| 2022 | $2M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/BEEP)