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Parkd Ltd (ASX:PKD)

ALERT: Price-sensitive ASX Announcement for PKD
Current share price for PKD : $0.030 0 (0%)+
Announcement
Release
31 Oct 2025 6:56PM
Price at Release
$0.030
Full Release
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Summary
PARKD Ltd, an Australian building solutions company, reported on its Q1 FY26 activities and cash flow. The company concluded the quarter with $786k in cash reserves. Key highlights included a revised national prefabrication agreement with Fielders, a division of BlueScope Steel, to exclusively supply SlimDek210® + MDSB® modules across Australia. PARKD also completed a $1.0 million capital raising to support its East Coast expansion, securing a prefabrication facility in NSW. The company initiated a pilot project with McNab Group, validating its modular construction system. This quarter marked significant progress in deploying PARKD's technology across new markets, leveraging partnerships with Fielders and McNab.
Key Points
  • Closed Q1 FY26 with cash reserves of $786k.
  • Net cash used in operating activities was $391k.
  • Revised exclusive National Prefabrication Agreement with Fielders.
  • Completed $1.0 million capital raising for East Coast expansion.
  • Secured East Coast prefabrication facility in NSW.
  • First East Coast pilot project awarded by McNab Group.
  • Pilot project involves PARKD's modular construction system.
  • Partnership with McNab Group provides real-world demonstration.
  • Reported progress in deploying technology across new markets.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.