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Parkd Ltd. ( (AU:PKD) ) just unveiled an announcement.
Parkd Ltd. reported a significant 508% increase in revenue for the first half of FY25, driven by the completion of key projects and successful licensing agreements. The company has secured a 5-year exclusive license with Fielders, a division of BlueScope Steel Ltd, to exploit its proprietary technologies in Australia, with plans to expand into international markets. This strategic partnership is expected to enhance Parkd’s market reach and generate royalties, positioning the company for future growth.
More about Parkd Ltd.
Parkd Ltd. operates in the construction and engineering industry, specializing in innovative parking solutions. The company’s primary products include the Metal Deck Support System (MDSS®) and Metal Deck Support Bracket (MDSB®), focusing on enhancing construction efficiency and productivity. Parkd aims to expand its market presence both nationally and internationally through strategic partnerships and licensing agreements.
YTD Price Performance: 150.0%
Average Trading Volume: 348,270
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$5.2M
Learn more about PKD stock on TipRanks’ Stock Analysis page.