Mobile Infrastructure Corporation Common Stock (BEEP)

FairStock Score: 39/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable economics and a discount to intrinsic value. Mobile Infrastructure owns parking facilities, but the numbers show a business still not earning its keep. In fiscal 2025, revenue was $35.1 million and net income was negative $21.4 million. In fiscal 2024, revenue was $37.0 million with a $5.8 million loss, and fiscal 2023 had $30.3 million of revenue and a $25.1 million loss. The recent quarter, fiscal Q2 2026 ended 2026-06-30, showed $8.9 million of revenue and a $3.0 million net loss, or -$0.08 diluted EPS. That is an improvement from fiscal Q2 2025, when the loss was $4.3 million, but it is still red ink. The balance sheet gives some comfort: at the 2026-10-13 close of $2.64, FairStock calculates a negative P/E of -4.41 and P/B of 0.80, so the market values the equity below reported net assets. But P/B alone is not a moat. Debt-to-equity is 1.34, Altman Z is -0.39, and EV/EBITDA is 99.16, so creditors and cash earnings deserve attention. Return on equity is -15.8%, ROCE is 0.38%, and free cash flow is negative $146,000. The Piotroski score is 6/9. The Lynch category is none because the company has lost money in each of the last four years. Parking can be a decent local business, but this operator has not demonstrated pricing power or consistent cash generation. I would want to see several quarters of real profit and positive free cash flow before calling it a value opportunity. At best, it is an asset play with execution risk.

In plain English: Mobile Infrastructure owns and operates parking lots and garages in the United States. It has lost money in each of the last four years, including a $3.0 million loss in the quarter ended June 30, 2026, so the business looks weak. The stock trades below the value of its reported net assets, which makes it look potentially cheap, but the continuing losses mean that cheapness is not proven.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer