Filing Flows › Mobile Infrastructure (BEEP) › Q4 2024
Mobile Infrastructure (BEEP) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 11, 2025
Mobile Infrastructure (BEEP) reported revenue of $9.2M for the fourth quarter 2024 (Q4 2024), +16% from a year earlier and -6% from the quarter before. Operating margin was -11.3%, net loss $1.0M (11.3% of revenue).
Mobile Infrastructure, Q4 2024: revenue $9.2M (+16% year over year), operating margin -11.3%, net loss $1.0M, operating cash flow $227K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.2M | -6% | +16% |
| Operating profit | −$1.0M | — | — |
| Net earnings | −$1.0M | — | — |
| Operating cash flow | $227K | — | — |
| Free cash flow | $179K | — | — |
What changed
Revenue was $9.2M in Q4 2024, up 16% year over year and down 6% from the previous quarter.
Operating costs exceeded revenue by $1.0M, an operating margin of -11.3%. Total costs fell 29% while revenue rose 16%. The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $1.9M loss. Minority interests bore $34K of it: to shareholders the quarter was a loss of $1.0M.
Operating cash flow was $227K. Non-cash charges added back $2.1M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $1.8M. Capital expenditures of $48K left free cash flow of $179K.
Questions
What was Mobile Infrastructure's revenue in the fourth quarter 2024?
Mobile Infrastructure (BEEP) reported revenue of $9.2M for the fourth quarter 2024 (Q4 2024), +16% from a year earlier and -6% from the quarter before.
Was Mobile Infrastructure profitable in the fourth quarter 2024?
Operating loss was $1.0M (-11.3% of revenue) and net loss $1.0M.