• Revenue of $77.2m, up 75% year-on-year
• Adjusted EBITDA of $20.5m, up 37% year-on-year
• Expanding international footprint with new markets in Denmark, Switzerland, and the USA

Smart Parking Ltd (ASX:SPZ) has reported record financial results for the 2025 financial year, with revenue increasing 75% year-on-year to $77.2 million and adjusted EBITDA rising 37% to $20.5 million. The company has demonstrated a track record of growth and rising profitability, with its share price up 821% over the past 5 years. Smart Parking is executing a multi-year growth strategy, leveraging its robust technologies and management capabilities to expand into large addressable markets globally. In FY25, the company grew its ANPR site count by 31% to 1,799 sites, issued over 1 million parking breach notices, and ended the year with $12.7 million in cash. Smart Parking has continued to scale its international footprint, establishing operations in Denmark, Switzerland, and the USA through the acquisition of Peak Parking. These new markets represent significant growth opportunities, with a combined total addressable market of over 250,000 sites. The company remains focused on disciplined organic growth, strategic acquisitions, and leveraging its proprietary technology to deliver long-term sustainable growth for shareholders.

For the 2026 financial year, Smart Parking is targeting 500-700 new ANPR sites, with each incremental site expected to generate $42,500 in revenue and an incremental EBITDA margin of 55%.

Smart Parking remains focused on executing its multi-year growth strategy, with a long-term organic target of 3,000 ANPR sites under management by December 2028. The company will continue to pursue disciplined expansion into new markets, both organically and through strategic acquisitions, leveraging its proprietary technology and deep domain expertise to drive long-term sustainable growth.