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Mobile Infrastructure Corporation (BEEP) provides essential parking infrastructure solutions through strategic ownership and leasing of facilities across U.S. markets. This page serves as the definitive source for verified news and press releases related to the company’s operational and financial developments.
Investors and stakeholders will find timely updates on earnings reports, asset acquisitions, and strategic partnerships. Our curated collection ensures access to critical information about BEEP’s parking facility management, revenue models, and market expansion efforts.
Key content categories include financial performance updates, property portfolio changes, leadership announcements, and industry trend analyses specific to parking infrastructure. All materials are vetted for accuracy and relevance to support informed decision-making.
Bookmark this page for streamlined access to BEEP’s latest developments. Check back regularly for objective updates on one of commercial real estate’s most specialized operators.
Mobile Infrastructure Corporation (BEEP) has announced its uplisting from NYSE American to the Nasdaq Stock Market, effective May 23, 2025. The company will retain its ticker symbol "BEEP" during the transition. The strategic move aims to enhance investor visibility, increase stock liquidity, and align the company with other high-growth and innovation-focused companies.
According to co-Chair Jeff Osher, the uplisting represents a significant step forward, strengthening the company's access to capital markets. CEO Manuel Chavez III emphasized that the Nasdaq listing reflects their operational strength and disciplined strategy in combining mobility data with diverse infrastructure assets.
Mobile Infrastructure Corporation (NYSE: BEEP), a company specializing in parking asset ownership across the United States, has announced its participation in the upcoming Barrington Research Virtual Spring Investment Conference. The company's President, Stephanie Hogue, will be conducting one-on-one meetings with investors during the virtual event scheduled for May 29, 2025.
Mobile Infrastructure (NYSE: BEEP) reported its Q1 2025 financial results with total revenue of $8.2 million, down 6.7% year-over-year, and a net loss of $4.3 million. The company's performance showed stability when adjusting for a $0.6M benefit from 2023 revenue recognition in Q1 2024. Key metrics include:
- NOI of $4.5 million - Adjusted EBITDA of $2.7 million - Same location RevPAS of $184.00 (excluding Detroit location) - Contract parking volumes increased 4.1% sequentially
The company reaffirmed its full-year 2025 guidance with: - NOI: $23.5M-$25.0M - Revenue: $37.0M-$40.0M - Adjusted EBITDA: $16.5M-$18.0M
Notably, BEEP will transfer its listing to Nasdaq on May 23, 2025, and is implementing a portfolio optimization program to divest approximately $100 million in non-core assets.
Mobile Infrastructure Corporation [NYSE American: BEEP], a Cincinnati-based company specializing in parking facility ownership and leasing, has scheduled its Q1 2025 earnings release for Monday, May 12, 2025, after U.S. market close.
Key Details:
- Conference Call: Tuesday, May 13, 2025, at 8:00 AM Eastern Time
- Participation Numbers: 1-866-652-5200 (Domestic), 1-412-317-6060 (International)
- Webcast Access: Available through Investor Relations section
- Replay Available: Archived webcast accessible for three months until August 13, 2025
The company focuses on acquiring and managing parking-related infrastructure across the United States, including parking lots, garages, and structures. Investors can access the live webcast through the company's Investor Relations website, with an archived version available approximately two hours after the call concludes.
Mobile Infrastructure (NYSE American: BEEP), a company specializing in parking assets across the United States, has announced its participation in the upcoming Sidoti Small Cap Virtual Conference scheduled for March 19-20, 2025.
Company President Stephanie Hogue will deliver a presentation on Wednesday, March 19, at 3:15pm ET and conduct one-on-one meetings with investors throughout the day. The presentation will be accessible via live webcast, with free registration available through Sidoti's platform.
Mobile Infrastructure (NYSE: BEEP) reported its Q4 and full-year 2024 results, showing growth despite challenging market conditions. Q4 revenue increased 16% to $9.2M, with net loss narrowing to $1.0M from $6.5M. Full-year 2024 revenue grew 22.3% to $37.0M, while net loss improved to $8.4M from $38.2M.
The company successfully converted most assets to management contracts, strengthened its balance sheet with $87.5M in refinancing, and completed three non-core asset sales. Same location RevPAS was $200.44 in Q4, up 1% YoY, while full-year RevPAS slightly decreased to $209.24 from $210.06.
2025 guidance projects Net Operating Income of $23.5M-$25.0M (7% growth at midpoint) on revenues of $37.0M-$40.0M, with Adjusted EBITDA expected at $16.5M-$18.0M (9% growth at midpoint).
Mobile Infrastructure (NYSE American: BEEP), a company focused on parking facilities and infrastructure across the United States, has scheduled its fourth quarter and full year 2024 earnings release for March 10, 2025, after U.S. market close.
The company will host a conference call with senior management on March 11, 2025, at 8:00 AM Eastern Time. Participants can join by dialing 1-866-652-5200 (U.S.) or 1-412-317-6060 (International). A live webcast will be available in the Investor Relations section of the company's website, and an archived version will be accessible until June 11, 2025.
Mobile Infrastructure (NYSE: BEEP) has completed $87.5 million in refinancing transactions through two separate loans at a 7.69% weighted average interest rate, with maturities between 2027 and 2034. The company used the proceeds to repay a $48.8 million KeyBank loan at 8.19% interest and two additional loans totaling $31.3 million secured by parking assets in Chicago and Cincinnati.
The refinancing has extended substantially all of the company's 2024 and 2025 debt maturities, maintaining a leverage ratio below 55% Loan-to-Value. Additionally, Mobile Infrastructure completed a buyout of a minority partner in one of its assets. The refinancing includes a multi-asset CMBS pool transaction and a single-asset CMBS refinancing with a regional bank, establishing new lending relationships.
Mobile Infrastructure (NYSE American: BEEP) reported its Q3 2024 financial results. Total revenue increased by 21% to $9.8 million compared to the prior-year period. Net loss significantly decreased to $1.9 million from $24.6 million. Net Operating Income (NOI) rose 3.8% to $6.1 million, and Adjusted EBITDA increased by 2.2% to $4.5 million. Same location RevPAS improved by 1.6% to $227.60. The company secured a $40.4 million line of credit, paid accrued dividends on preferred stock, and started a common stock repurchase plan. Mobile reaffirmed its full-year 2024 guidance, projecting revenue between $38 million and $40 million, and NOI between $22.5 million and $23.25 million. CEO Manuel Chavez III highlighted the positive impact of emerging secular trends, including a return to office and conversions of office space to residential rentals, which are expected to benefit future growth. A conference call will be held on November 13th at 8 AM ET to discuss the results.
Mobile Infrastructure (NYSE American: BEEP), a leading owner of mobility-focused parking assets in the US, announced that Stephanie Hogue, President, will present and host one-on-one investor meetings at the Sidoti Micro Cap Virtual Conference on November 13-14, 2024.
The presentation is scheduled for 10:45 am ET on Thursday, November 14. Ms. Hogue will also be available for virtual one-on-one meetings with investors on the same day.
Interested parties can access the live presentation webcast at this link. To register for a one-on-one meeting, please visit Sidoti's events page. Registration is free and does not require being a Sidoti client.
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