earnings
confidence high
sentiment negative
materiality 0.60
Mobile Infrastructure Q3 revenue $9.1M, net loss $6.4M; contract volumes up 8% YTD
Mobile Infrastructure Corp
- Revenue of $9.1M vs $9.8M YoY; net loss of $6.4M vs $1.9M loss in prior-year period.
- Adjusted EBITDA $3.9M vs $4.4M YoY; NOI $5.5M vs $6.1M.
- Contract parking volumes up 8.0% year-to-date; residential contracts up 75% YoY.
- Completed $100M asset-backed securitization; expects ~$30M non-core asset sales by end of 2025.
- Sequential revenue stable at $9.0M in Q2; net loss increased from $4.7M in Q2 to $6.4M.