other material
confidence high
sentiment negative
materiality 0.75
Mobile Infrastructure reports Q1 net loss $4.3M; plans to transfer listing to Nasdaq May 23
Mobile Infrastructure Corp
- Revenue $8.2M, stable YoY excluding $0.6M prior-year benefit from 2023 revenue recognition.
- Net loss $4.3M; NOI $4.5M; Adjusted EBITDA $2.7M.
- Reaffirms FY 2025 NOI guidance $23.5M-$25.0M; contract parking volumes up 4.1% sequentially.
- Shares to transfer from NYSE American to Nasdaq; trading under BEEP begins May 23, 2025.