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Parkd Ltd. ( (AU:PKD) ) just unveiled an update.
PARKD Limited reported a significant revenue increase of 508% to $6,179,314 for the half-year ending December 2024, driven by the substantial completion of major construction projects including the Audi Centre Myaree Dealership and the John Hughes multi-level car park. Despite a loss of $82,252, this reflects a 31% improvement from the previous year, highlighting the company’s progress in its construction activities. The company’s cash flow improved to a net inflow of $175,244, and cash reserves nearly doubled compared to the previous year, indicating a stronger financial position.
More about Parkd Ltd.
PARKD Limited operates in the construction industry, focusing on the development and completion of structural projects such as car parks and dealership facilities.
YTD Price Performance: 150.0%
Average Trading Volume: 348,270
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$5.2M
See more insights into PKD stock on TipRanks’ Stock Analysis page.