Mobile Infrastructure Reports Q1 2025 Financial Results

Mobile Infrastructure Corp Class A ( (BEEP) ) has released its Q1 earnings. Here is a breakdown of the information Mobile Infrastructure Corp Class A presented to its investors.

Mobile Infrastructure Corporation, a Maryland-based company, owns and manages a diverse portfolio of parking assets across the United States, focusing on optimizing parking utilization and revenue generation. In its first quarter of 2025 financial results, Mobile Infrastructure reported stable revenue year-over-year, adjusting for a previous benefit, and highlighted an increase in contract parking volumes as part of its strategic focus on utilization. The company also announced its upcoming transfer of shares to Nasdaq, aiming to enhance visibility and shareholder base. Key financial metrics for the quarter included total revenue of $8.2 million, a net loss of $4.3 million, and an adjusted EBITDA of $2.7 million. Despite challenges such as adverse weather and construction impacts, the company maintained stable RevPAS and continued its transition to management contracts for better revenue predictability. Looking ahead, Mobile Infrastructure remains focused on increasing parking utilization and achieving its full-year guidance, supported by favorable market trends and strategic asset optimization initiatives.