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Parkd Ltd (ASX:PKD)

ALERT: Price-sensitive ASX Announcement for PKD
Current share price for PKD : $0.031 0.003 (10.71%)+
Announcement
Release
27 Feb 2026 7:17PM
Price at Release
$0.028
Full Release
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Summary
PARKD Limited's half-year report for the period ending 31 December 2025 details a challenging financial period with a significant increase in losses to $1,026,311, attributed primarily to reduced construction activity as the Audi Centre Myaree project neared completion and investment in the Penrith prefabrication facility. Revenue declined by 37% to $3,877,260 due to winding down of major projects. The company focused on expanding into the East Coast market, establishing a prefabrication facility in Penrith, and securing new projects. Despite financial setbacks, PARKD executed an Exclusive Prefabrication License Agreement with Fielders, a division of BlueScope Steel, laying a foundation for future growth. The company's ability to continue as a going concern is contingent upon securing new contracts and managing costs. No dividends were declared for the period.
Key Points
  • Loss for the period increased to $1,026,311.
  • Revenue decreased by 37% to $3,877,260.
  • Audi Centre Myaree project near completion impacts revenue.
  • Penrith prefabrication facility is operational.
  • New projects secured on the East Coast.
  • Exclusive Prefabrication License Agreement with Fielders.
  • No Research and Development rebate received yet.
  • Cash and cash equivalents at $799,106.
  • Net tangible assets per ordinary security are 0.04 cents.
  • No dividends declared for the period.
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.