• Strong quarterly operating performance underpins record free cash flow generation
• Secured landmark 10 ha site for planned QBS Brine Management Complex (QBMC) project
• Group profitability underpinned by $0.46m in EBITDA, record $0.62m in free cash flow generation

Parkway Corporate Ltd has reported its activities for the quarter ending 30 September 2025. The company's Industrial Operations division, Parkway Process Solutions (PPS), generated operating revenues of $3.62 million, underpinned by a strong contribution from project execution related activities. The ongoing focus on targeting more specialized projects requiring engineered solutions continued to support group profitability, with $0.46 million in EBITDA generated during the period. Parkway's Industrial Technology division, Parkway Process Technologies (PPT), continues to build a portfolio of proprietary technologies capable of providing highly integrated process solutions for complex wastewater and industrial process streams. The company has developed a roadmap for providing an industry-wide solution to the waste brine and salt related challenges facing the Queensland coal seam gas (CSG) industry, based on its best available technology. Parkway has secured a landmark 10 hectare site to develop the QBS Brine Management Complex (QBMC) at Crossroads in Central Queensland, in the heart of the CSG industry. The QBMC is envisaged to have sufficient capacity to process at least half of all brine produced by the CSG industry in Queensland. Parkway generated $0.62 million in free cash flow during the quarter and held $3.10 million in cash reserves as of 30 September 2025. The company remains well-funded with access to supplementary funding through an existing Term Loan Facility.

Parkway expects the growth in operating revenues to accelerate strongly heading into and throughout CY2026, with record revenue anticipated for FY26 as the company has a growing project backlog and substantial pipeline of project opportunities.

Parkway continues to expand its market penetration by securing new business from a diverse range of clients, for the provision of industrial water and wastewater treatment related products, services, and solutions. The growing PPS client base continues to provide a strong growth platform and supports expansion of future revenue generation as these commercial relationships continue to grow and mature.