• Revenue up 96% to $62.8m
• Adjusted EBITDA up 85% to $15.6m
• Successful US acquisition and expansion into Switzerland

Smart Parking Ltd reported a net profit after income tax of $4.3m (H1 FY25: $3.9m) for the half-year ended 31 December 2025. Total revenue was $62.8m (H1 FY25: $32.0m), a 96% increase from the prior period, reflecting the uplift in sales activity, enhanced debt recovery processes, and the six-month contribution from the USA acquisition. Adjusted EBITDA increased by 85% to $15.6m (H1 FY25: $8.4m). Excluding investment in the Switzerland business, Adjusted EBITDA would increase by a further $1.8m, a total 106% increase to $17.4m. The Group made progress expanding its international footprint, including the acquisition of Peak Parking in the US and the establishment of operations in Switzerland. The Group maintains a strong balance sheet with undrawn debt facilities to support further growth and acquisition opportunities. The Group is well placed to take advantage of opportunities as they arise, with all countries in which it operates offering growth potential.

The Group remains focused on its strategy of growing the installed number of group ANPR sites to 3,000 by 31 December 2028. Growth in sites is expected to drive increased revenue and deliver earnings growth.

The Group has a strong balance sheet, undrawn debt facilities and strong operating cash flows to take advantage of further acquisition opportunities and explore new territories suitable for the Group's technology and commercial model.