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Parkd Ltd (ASX:PKD)

ALERT: Price-sensitive ASX Announcement for PKD
Current share price for PKD : $0.030 -0.009 (-23.08%)+
Announcement
Release
30 Jan 2026 12:50PM
Price at Release
$0.039
Full Release
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Summary
PARKD Ltd's quarterly activities report highlights the completion of their first pilot project with McNab Group in Queensland, demonstrating the operational capability of their Penrith facility and the efficacy of their modular construction technology. The company has made significant progress in technical advisory and design services, providing solutions for multi-level car parks and exploring new project opportunities. Financially, PARKD reported a net cash usage of $228k in operating activities, with cash reserves totaling $799k as of December 31, 2025. The company successfully raised $1.0 million through a share purchase plan and other placements to fund its operations.
Key Points
  • Completion of the first prefabricated modules for the McNab pilot project.
  • Demonstrated productivity gains and safety improvements in construction.
  • Audi Centre Myaree project achieved substantial completion.
  • Continued to provide technical advisory services for new projects.
  • PIEPS® safety system deployed on the McNab project.
  • Ongoing patent applications for the MDSB® system.
  • Fielders partnership supports east-coast expansion strategy.
  • Capital raising amounted to $1.0 million during the quarter.
  • Cash reserves stood at $799k as of December 31, 2025.
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.