• Revenue up 508% to $6.18 million
• Loss reduced by 31% to $82,252
• Significant progress on Audi Centre Myaree and John Hughes Forward Street projects

PARKD Limited reported a strong financial performance for the half-year ended 31 December 2024, with revenue increasing 508% to $6,179,314 and loss reducing by 31% to $82,252. The revenue growth was directly related to the stage of construction of two key projects - the Audi Centre Myaree Dealership and the John Hughes Forward Street multi-level car park. The company achieved substantial structural completion on the Audi Centre Myaree project and practical completion on the John Hughes Forward Street project, which showcased the benefits of PARKD's patented products and technologies. The company also secured new consulting and technical works during the period, supporting its project pipeline for the second half of FY2025 and FY2026. PARKD ended the half-year with cash and cash equivalents of $761,623 and net assets of $719.

PARKD continues to focus on delivering its pipeline of construction projects and expanding the commercial application of its patented modular construction technologies through licensing and consulting arrangements.