Key points
- Revenues from ordinary activities down 54% to $5,465,249
- Loss from ordinary activities after tax increased by 1,553% to $(1,258,132)
- Expansion into east-coast operations and new markets
- Established prefabrication facility in Penrith, New South Wales
- Strategic partnerships with Fielders, McNab Group, and Azzurri Concrete Group
Full summary
Parkd Ltd reported a 54% decline in revenues to $5,465,249 for the financial year ended 30 June 2026, compared to $11,830,337 in the previous year, primarily due to the completion of the Audi Centre Myaree construction project. The loss from ordinary activities after tax increased by 1,553% to $(1,258,132). The company expanded its operations to the east coast, establishing a prefabrication facility in Penrith, New South Wales, and entered into strategic partnerships with Fielders, McNab Group, and Azzurri Concrete Group. Parkd is confident that its existing technical and advisory services, along with upcoming works and prefabrication module supply, will contribute to future revenue growth and support the financial position of the company. Cash and cash equivalents were $367,714 at 30 June 2026 compared with $674,970 at 30 June 2025.
Outlook
Parkd enters FY27 with an established east-coast prefabrication capability, an expanded network of construction and supply-chain partners, and a broader range of potential applications for its modular structural technology. The company aims to convert its design, advisory, and tender pipeline into contracted projects, increase utilisation of its prefabrication capability, and continue to expand the application of its technology across targeted infrastructure and commercial construction markets.