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Smart Parking posts record FY26 results as revenue climbs 63% to $126 million

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Smart Parking reported record FY26 results with revenue up 63% to $126m, EBITDA up 50% to $30.8m, and free cash flow up 56% to $20m, supporting expansion without near-term capital needs. Management cited 72% of growth as organic, alongside ongoing ANPR site additions, a US acquisition (American Parking), and a $5m buyback. The update highlights improving fundamentals, with execution and regulatory risks remaining.
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⚠️ AI سے تیار کردہ تجزیاتی سمجھ خبروں کے مواد پر مبنی ہے اور صرف معلوماتی مقاصد کے لیے فراہم کی گئی ہے۔ یہ سرمایہ کاری کا مشورہ نہیں ہے اور نہ ہی BingX کے خیالات کی نمائندگی کرتی ہے۔ سرمایہ کاری میں رسک شامل ہے۔ براہ کرم ذمہ داری سے ٹریڈ کریں۔
Smart Parking reported FY26 results with revenue up 63% to $126 million and adjusted operating earnings rising 50% to $30.8 million. Adjusted free cash flow increased 56% to a record $20 million, and the company ended the period with $17.4 million in cash. After the period, Smart Parking acquired U.S.-based American Parking and announced an on-market share buyback of up to $5 million. Management said 72% of the revenue increase was organic and reiterated a longer-term target of reaching 3,000 sites by December 2028.