Parkd Ltd. (PKD) AI Stock Analysis

• Market Cap: AU$4.12M
• Dividend Yield: N/A
• Average Volume (3M): 147.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.02
• Revenue Growth: 254.91%
• EPS Growth: 75.86%
• Country: AU
• Employees: N/A
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): >-0.01
• Shares Outstanding: 142,017,350
• 10 Day Avg. Volume: 88,945
• 30 Day Avg. Volume: 147,547
• PEG Ratio: 0.52
• Price to Book (P/B): 207.21
• Price to Sales (P/S): 0.26
• P/FCF Ratio: 35.78
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: AU$0.03 ▼(-6.67% Downside)
• Action: Reiterated Date: 02/11/26
• Date: Action: Reiterated 02/11/26

The score is held back primarily by balance-sheet fragility (very thin equity and high leverage) and still-loss-making results despite improving trends. Offsetting factors include strong revenue scaling and positive operating/free cash flow, while technical signals are mixed and valuation is constrained by negative earnings and no dividend data.

Positive Factors

Revenue growth

Parkd's FY2025 revenue grew ~39% to ~11.8m from ~3.3m in FY2024, demonstrating accelerating scale and customer adoption. Sustained top-line expansion supports fixed-cost absorption, strengthens product-market fit across municipal and institutional clients, and underpins durable margin improvement potential.

Positive cash generation

Operating cash flow and free cash flow turned positive in FY2025 (~92.7k and ~84.4k), marking a structural shift from prior cash burn. Continued positive cash generation reduces dependence on external financing, improves runway for reinvestment in product and sales, and is a durable indicator of business model cashability if maintained.

Asset growth and deleveraging trend

Total assets roughly doubled to ~1.81m while leverage improved (debt-to-equity from ~5.4x to ~3.4x), reflecting capital deployment into growth and partial deleveraging. If sustained, asset base expansion plus reduced leverage enhances operational capacity and resilience to support longer-term scaling initiatives.

Negative Factors

Thin equity base

Equity is very small (~14.6k) versus debt (~49.6k), leaving a limited capital cushion. A thin equity base reduces headroom to absorb shocks, constrains borrowing flexibility, and increases likelihood of dilutive or costly external financing to fund growth or cover cyclical shortfalls, making balance-sheet risk persistent.

Compressed gross margins

Gross margin fell to ~12.8% from ~20.7%, and net margin remains negative (~-0.6%), indicating structural margin pressure. Low gross margins limit operating leverage and profit sustainability, meaning profitability depends on material pricing improvements, cost reductions, or much larger scale to offset thin unit economics.

Volatile free cash flow

Although FCF is positive in FY2025 (~84.4k), it declined ~79% y/y, highlighting volatility and small absolute scale. Such swings undermine the reliability of internally generated funds to finance expansion, increasing the risk the company will need external capital during adverse periods or to pursue strategic investments.

Parkd Ltd. Business Overview & Revenue Model

Company Description

PARKD Limited, a construction technology company, develops and sells modular car parking systems for single and multi-rise arrangements in Australia. The company was incorporated in 2016 and is based in Osborne Park, Australia.

How the Company Makes Money

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Parkd Ltd. Financial Statement Overview

Summary

Strong revenue growth and improving loss profile are positives, and FY2025 shows positive operating and free cash flow. However, the balance sheet is a major weakness with extremely thin equity and high leverage, while margins remain pressured and profitability is still slightly negative.

Income Statement

Revenue growth is a clear positive, with FY2025 revenue up ~39% to ~11.8m versus ~3.3m in FY2024, showing accelerating scale. However, profitability remains weak: gross margin compressed (~12.8% in FY2025 vs ~20.7% in FY2024) and the company is still loss-making (FY2025 net margin ~-0.6%), albeit with a much smaller loss than the prior year (FY2024 net margin ~-8.8%). Overall, strong top-line momentum and improving earnings trajectory are offset by thin gross margins and still-negative operating profitability.

Balance Sheet

Balance sheet risk is elevated due to very thin equity (~14.6k in FY2025) against debt (~49.6k), resulting in high leverage (debt-to-equity ~3.4x in FY2025, though improved from ~5.4x in FY2024). Returns on equity are negative (about -5.2% in FY2025), reflecting ongoing losses and a limited equity cushion. Asset growth is notable (assets ~1.81m in FY2025 vs ~0.95m in FY2024), but the capital structure remains fragile because equity is small relative to obligations.

Cash Flow

Cash generation has improved meaningfully: operating cash flow is positive in FY2025 (~92.7k) and free cash flow is also positive (~84.4k), following prior periods of cash burn (notably FY2022–FY2023). Cash conversion looks supportive relative to reported earnings (free cash flow is close to net loss in FY2025), but free cash flow declined sharply year over year (down ~79% in FY2025 versus FY2024). Overall, cash flow is a relative strength due to positive operating and free cash flow, though the recent drop and still-small scale temper the picture.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	9.53M	11.83M	3.33M	1.15M	2.10M	121.30K
Gross Profit	13.06K	1.51M	689.45K	292.88K	131.37K	63.70K
EBITDA	-1.05M	-188.50K	-499.06K	0.00	-1.28M	-809.24K
Net Income	-1.02M	-76.13K	-294.12K	-530.12K	-1.28M	-627.94K
Balance Sheet
Total Assets	1.55M	1.81M	953.28K	690.99K	1.53M	1.77M
Cash, Cash Equivalents and Short-Term Investments	799.11K	674.97K	590.57K	402.30K	888.75K	1.70M
Total Debt	520.68K	49.63K	57.91K	0.00	0.00	0.00
Total Liabilities	1.49M	1.79M	942.46K	453.98K	861.66K	109.12K
Stockholders Equity	63.30K	14.58K	10.82K	237.01K	672.50K	1.66M
Cash Flow
Free Cash Flow	-717.43K	84.40K	151.39K	-521.94K	-1.10M	-490.05K
Operating Cash Flow	-701.57K	92.69K	170.85K	-521.94K	-1.10M	-490.05K
Investing Cash Flow	-98.58K	-8.29K	17.41K	36.88K	-73.75K	0.00
Financing Cash Flow	837.63K	0.00	0.00	-1.38K	0.00	1.08M

Parkd Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PKD, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.09 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PKD.

Parkd Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVZ	72 Outperform	AU$37.06M	3.42	7.07%	―	-9.21%	-42.37%
BSA	68 Neutral	AU$32.00M	0.45	87.22%	―	12.34%	-66.13%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
VBC	63 Neutral	AU$64.29M	7.32	17.89%	0.49%	-8.28%	89.71%
PKD	49 Neutral	AU$4.12M	-1.03	-2620.14%	―	254.91%	75.86%
SOP	44 Neutral	AU$12.46M	-1.03	-160.73%	―	-6.10%	12.50%
WSI	44 Neutral	AU$9.27M	4.84	-11.81%	―	-36.40%	-192.91%

Parkd Ltd. Corporate Events

PARKD Swings to Larger Half-Year Loss as Key Project Winds Down, Bets on East Coast Expansion

PARKD Limited reported a 37% decline in half-year revenue to $3.88 million and a sharp increase in loss to $1.03 million, driven mainly by the Audi Centre Myaree project nearing completion and reduced construction volumes. The company’s gross margin turned negative as final-stage project costs and commissioning expenses for its Penrith prefabrication facility weighed on profitability, while no research and development rebate was booked in the period.

Management highlighted that initial income from East Coast operations, prefabrication activities, and ongoing technical and advisory services partly offset the revenue drop and are expected to underpin future growth. With cash of $0.8 million and net tangible assets per share rising to 0.04 cents, PARKD is positioning its expanded prefabrication capacity and Fielders partnership to drive upcoming project work and strengthen its financial profile in subsequent reporting periods.

The most recent analyst rating on (AU:PKD) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Parkd Ltd. stock, see the AU:PKD Stock Forecast page.

Parkd Ramps Up East-Coast Prefab Capacity as Modular Projects and IP Portfolio Advance

Parkd Ltd has commissioned and brought online its new prefabrication facility in Penrith, New South Wales, with annual capacity of about 65,000m² of modular decking and floor systems, strategically positioned near key manufacturing partners to support just‑in‑time supply and reduce logistics costs for east‑coast projects. During the quarter, the company completed a pilot project with major contractor McNab Group in Queensland using its full kit‑of‑parts modular system and first deployment of the PIEPS® safety solution, substantially completed a three‑storey Audi dealership in Western Australia using its modular technology, advanced technical advisory work for airports and hospitals, progressed a pipeline of opportunities in multiple asset classes, and continued to develop and protect its intellectual property, signalling a scaling phase and de‑risked expansion into larger and more diverse projects.

The most recent analyst rating on (AU:PKD) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Parkd Ltd. stock, see the AU:PKD Stock Forecast page.

PARKD Corrects Late Directors’ Interests Notice, Reaffirms Governance Controls

PARKD Ltd has notified the market of a change in its directors’ interests, submitting an Appendix 3Y after identifying that a previous disclosure was lodged late due to an administrative oversight by the company secretary. The board emphasised that directors have been reminded of their disclosure obligations under ASX listing rules and the Corporations Act, highlighted its existing securities trading policy, and expressed confidence that its current compliance arrangements are adequate and that no additional measures are needed, aiming to reassure investors and regulators about its governance practices.

The most recent analyst rating on (AU:PKD) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Parkd Ltd. stock, see the AU:PKD Stock Forecast page.