Mobile Infrastructure Q2 net loss narrows to $3.2M; Same-Location NOI up 12%

Mobile Infrastructure Corp

Total revenue $8.9M (vs $9.0M prior year, $7.9M Q1); Same-Location Revenue $8.9M, +5.6% YoY.
Net loss narrowed to $3.2M from $4.7M; NOI $5.8M (+7.5%); Same-Location NOI $5.9M (+12.0%); Adjusted EBITDA $4.1M (+5.5%).
Contract parking volumes +12% YoY; transient revenue inflected to +4% growth on key market reopenings including Cincinnati.
Paid down $4.5M on credit line; asset rotation $33M toward $100M target at ~2% cap rate, roughly one-third complete.
Utilization up ~5 percentage points TTM; company beginning to raise rates across portfolio after 'volume first' strategy.

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