Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Mobile Infrastructure Corp files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2023
FY2024
FY2025
Revenue
29.1
30.3
37
35.1
General and administrative
8.54
13.2
10.8
7.97
Operating expenses
34.9
60.5
35.5
38.2
Operating income
-2.66
Interest expense
12.9
13.9
13.8
19
Interest income
2.94
Other non-operating income
-12.5
-8.01
-9.9
-20.6
Income tax
0.03
0.04
0
0
Net income to minority interests
-10.2
-13.1
-2.62
-2.27
Net income
-8.12
-25.1
-5.77
-21.4
EBITDA
5.59
EPS, basic
-0.85
-2.45
-0.24
-0.55
EPS, diluted
-0.85
-2.45
-0.24
-0.55
Shares, basic (weighted)
13.1
13.2
32
40.5
Shares, diluted (weighted)
13.1
13.2
32
40.5
Balance sheet
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
5.76
11.1
10.7
8.35
Other current assets
0.28
Total current assets
0.73
Property, plant and equipment
0.21
Lease right-of-use assets
0.3
0.3
Intangible assets
10.1
10.2
10.1
5.72
Total assets
436
423
415
382
Accounts payable
0.29
Accrued liabilities
1.54
Short-term debt
96.3
29.9
Total current liabilities
1.83
Total liabilities
249
220
226
223
Total debt
135
188
198
Paid-in capital
193
262
307
299
Retained earnings
-109
-134
-140
-161
Shareholders' equity
87.3
131
170
141
Minority interests
99.7
71.7
19.3
17.8
Total equity
187
203
189
159
Total liabilities and equity
436
423
415
382
Shares outstanding
13.1
27.9
40.4
39.7
Cash flow statement
FY2022
FY2023
FY2024
FY2025
Net income
-18.3
-38.2
-8.38
-23.7
Depreciation and amortization
8.25
8.51
8.4
10.6
Stock-based compensation
2.51
7.48
5.72
3.14
Deferred income tax
0
0
0
0
Change in payables
0.2
2.81
-1.92
5.24
Cash from operations
1.51
-2.13
-0.78
0.85
Purchases of investments
-17.5
0
Cash from investing
-19.4
-0.35
4.24
16.3
Stock issued
0
Share buybacks
0
-1.33
-3.97
Dividends paid
0
-0.79
Cash from financing
12.2
8.21
-4.34
-17.7
Net change in cash
-5.72
5.74
-0.89
-0.54
Interest paid
10.6
12.7
11.1
12.8
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $2.87 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Net margin
-67.2%
Net income / revenue.
Operating cash flow margin
2.2%
Cash from operations / revenue.
Return on equity (ROE)
-18.0%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-6.5%
Net income / average total assets.
Stock-based pay / revenue
9.4%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
26.6%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-5.2%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
6.4%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 3y
-17.5%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
-16.9%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
17.4%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-7.9%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-4.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
26.5%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
45.7%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
1.46x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
52.8%
Total debt / total assets.
Liabilities / assets
59.0%
Total liabilities / total assets.
Net debt
$184.0M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.88
Revenue / diluted weighted shares.
Operating cash flow per share
$0.02
Cash from operations / diluted weighted shares.
Book value per share
$3.29
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
3.42x
Market cap / revenue.
P/B
0.92x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.96x
Market cap / tangible book value, when positive.
P/OCF
158x
Market cap / cash from operations, when positive.
EV/Sales
8.73x
Enterprise value / revenue.
Earnings yield
-19.7%
Net income / market cap (the inverse of P/E).
Shareholder yield
4.3%
(Dividends paid + share buybacks) / market cap.
What was Mobile Infrastructure Corp's revenue in fiscal 2025?
Mobile Infrastructure Corp reported revenue of $35.1M for fiscal 2025, 5.2% lower than the year before.
Was Mobile Infrastructure Corp profitable in fiscal 2025?
No. It reported a net loss of $21.4M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.