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Parks America (PRKA) investor relations material

Parks America Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary11 Aug, 2025

Significant events and developments

  • Completed a reverse/forward stock split on April 30, 2025, reducing shares outstanding by 0.5% at a cost of $141,168 and streamlining share structure.

  • Proxy contest concluded with board changes and insurance proceeds offsetting related expenses.

  • Net benefit from contested proxy and related matters of $103,657 in the quarter, compared to a $746,570 expense in the prior year.

  • Letter of intent signed to sell 50 acres of unused Georgia Park land.

  • Tornado-related expenses and a $75,000 legal settlement were recorded in the quarter.

Executive summary

  • Q3 2025 revenue was $3.48M, up 0.8% year-over-year; net income rose to $824K from $68K in Q3 2024, driven by improved segment income and reversal of proxy contest expenses.

  • Year-to-date net income was $770K versus a $1.3M loss last year, reflecting insurance proceeds and lower proxy contest costs.

  • Income before income taxes rose to $1.08M from $87,070 in the same quarter last year.

  • Year-to-date revenue for the nine months was $7.25M, slightly down from $7.30M year-over-year.

  • Park revenue increased 1.2% to $3.40M; Texas Park saw a 45.8% revenue jump, offsetting declines in Georgia and Missouri.

Financial highlights

  • Q3 2025 net income: $824K ($1.09/share) vs. $68K ($0.09/share) in Q3 2024.

  • Adjusted net income for Q3 2025: $749K ($0.99/share); Adjusted EBITDA: $1.27M.

  • Operating cash flow for the first nine months: $883K, up from a $64K outflow last year.

  • Working capital increased to $2.23M from $1.60M at prior year-end.

  • Cash and short-term investments totaled $2.69M as of June 29, 2025.

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Frequently asked questions

Parks! America, Inc. is a company engaged in the business of acquiring, developing, and operating local and regional theme parks and attractions in the United States. The company operates through its wholly owned subsidiaries, which include Wild Animal Safari, Inc. (Wild Animal Georgia), Wild Animal, Inc., (Wild Animal Missouri), and Aggieland-Parks, Inc., (Aggieland Wild Animal Texas). These subsidiaries own and operate three Wild Animal Safari theme parks located in Pine Mountain, Georgia; Strafford, Missouri; and Bryan/College Station, Texas. Parks! America focuses on offering visitors unique and interactive experiences with wildlife, aiming to provide educational and entertaining visits. The company is headquartered in Pine Mountain, Georgia, and its shares are listed on the OTC Pink.

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