• Awarded $12.85m contract by major project contractor
• Quarterly operating revenue of $4.22m, strengthening group revenue
• Continued growth in profitability with $0.47m in EBITDA

Parkway Corporate Ltd, a leading Australian water and wastewater treatment and process technology company, has reported its activities for the quarter ending 30 June 2025. The company's Industrial Operations division, performed through Parkway Process Solutions (PPS), focused on providing conventional water and wastewater treatment related products and services, including specialty project execution related services. PPS generated increasing operating revenues of $4.22 million, underpinned by a strong contribution from project execution related activities. The company's transition to profitability was supported by the $0.47 million in EBITDA generated during the period. Parkway also disclosed the award of several water infrastructure related projects, including a ~$12.85 million contract with a major engineering and construction contractor. The company continues to invest in growth, making significant investments in new vehicles, equipment, and state-of-the-art automated welding technology. Parkway's Industrial Technology division, Parkway Process Technologies (PPT), remains focused on innovative process technology related R&D, including process development, evaluation, optimization, and piloting, as well as a range of technology commercialization activities. The company's Queensland Brine Solutions (QBS) subsidiary is making progress in implementing its roadmap for delivering brine management solutions for the coal seam gas industry in Queensland.

Parkway is anticipating an inaugural full year net profit for FY25, with preliminary results indicating ~$1.52m in EBITDA.

Parkway continues to have a growing project backlog and a substantial pipeline of project opportunities, which are expected to further underpin the company's long-term sustainable growth.