Smart Parking's Fiscal Year 2026 Q1 Revenue Rises 69% YOY

MT Newswires Live

2025/11/14

Smart Parking (ASX:SPZ) said its revenue for the fiscal first quarter rose 69% year-over-year to AU$28.3 million from AU$16.8 million, according to a Friday Australian bourse filing.

Its adjusted earnings before interest, taxes, depreciation, and amortization came in at AU$7.9 million, up 56% from AU$5.4 million it reported in the previous-year period.

Its automatic number plate recognition sites grew 21% year-over-year to 1,799 in the quarter, and it is targeting 3,000 sites under management by December 2028. It reported 10% year-over-year growth in parking breach notices issued in the period.

Its shares fell over 2% in recent trading on Friday.

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