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BEEP (Mobile Infrastructure) Gross Profit : $22.60 Mil (TTM As of Sep. 2024)


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What is Mobile Infrastructure Gross Profit?

Mobile Infrastructure's gross profit for the three months ended in Sep. 2024 was $6.09 Mil. Mobile Infrastructure's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $22.60 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mobile Infrastructure's gross profit for the three months ended in Sep. 2024 was $6.09 Mil. Mobile Infrastructure's Revenue for the three months ended in Sep. 2024 was $9.76 Mil. Therefore, Mobile Infrastructure's Gross Margin % for the quarter that ended in Sep. 2024 was 62.45%.

Mobile Infrastructure had a gross margin of 62.45% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Mobile Infrastructure was 69.73%. The lowest was 63.23%. And the median was 66.21%.


Mobile Infrastructure Gross Profit Historical Data

The historical data trend for Mobile Infrastructure's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mobile Infrastructure Gross Profit Chart

Mobile Infrastructure Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
13.46 19.27 21.11

Mobile Infrastructure Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.87 5.47 5.40 5.63 6.09

Competitive Comparison of Mobile Infrastructure's Gross Profit

For the Infrastructure Operations subindustry, Mobile Infrastructure's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mobile Infrastructure's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mobile Infrastructure's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mobile Infrastructure's Gross Profit falls into.



Mobile Infrastructure Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Mobile Infrastructure's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=30.272 - 9.163
=21.11

Mobile Infrastructure's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=9.758 - 3.664
=6.09

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.60 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Mobile Infrastructure's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.09 / 9.758
=62.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Mobile Infrastructure  (AMEX:BEEP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Mobile Infrastructure had a gross margin of 62.45% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Mobile Infrastructure Gross Profit Related Terms

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Mobile Infrastructure Business Description

Traded in Other Exchanges
N/A
Address
30 W. 4th Street, Cincinnati, OH, USA, 45202
Mobile Infrastructure Corp focuses on acquiring, owning, and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The company owns forty three parking facilities in twenty one separate markets throughout the United States, with a total of approximately fifteen thousand seven hundred parking spaces. The company derives majority of revenue from Percentage rental income.
Executives
Jeffrey Osher director 505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
David Garfinkle director
Manuel Iii Chavez director, officer: CEO 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Stephanie Hogue director, 10 percent owner, officer: President & CFO 250 E. 5TH STREET, STE 2110, CINCINNATI OH 45202
Brad Greiwe director 1 LITTLE WEST 12TH STREET, 4TH FLOOR, NEW YORK NY 10014
Lorrence T Kellar director C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Damon D Jones director 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Color Up, Llc other: See Remarks 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Hscp Strategic Iii L.p. other: See Remarks 505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Poonam Sharma Mathis other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Adeyemi Ajao other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Amanda Parness other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Fifth Wall Acquisition Sponsor Iii, Llc 10 percent owner 6060 CENTER DRIVE, FLOOR 10, LOS ANGELES CA 90045
Andriy Mykhaylovskyy 10 percent owner 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Brendan Wallace 10 percent owner 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045

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