Parks! America, Inc. Reports First Quarter Fiscal 2024 Financial Results [Yahoo! Finance]
PARKS! AMERICA INC (PRKA)
NASDAQ:AMEX Investor Relations:
investorshub.advfn.com/parks!-america-inc-prka-6051
Company Research
Source: Yahoo! Finance
America, Inc. (OTCPink: PRKA), a leading operator of regional safari parks in the U.S., today announced the results for the first quarter of fiscal year 2024 ended December 31, 2023. Operational and Financial Highlights ? Consolidated revenues of $1.90 million for Q1 2024, an increase of 2.0% ? Texas park revenue increased 22% with attendance up 29% ? Missouri park revenue increased 2% with attendance up 18% ? Annual memberships increased more than 9-fold, driven by marketing efforts and compelling pricing structure. ? Management and the Board remain committed to long-term growth and sustainability through focused marketing efforts, critical property upgrades, and enhanced corporate governance practices. ? Cash and short-term investments as of December 31, 2023, totaled $3.61 million. ? Continuing debt reduction, debt-to-equity ratio: 0.27 end of Q1 versus 0.31 one year ago. Recent Developments ? Board of Directors adopt shareholder rights plan. ?
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News
- Parks! America Interim Chairman Issues Open Letter to Shareholders [Yahoo! Finance]Yahoo! Finance
- Parks! America Interim Chairman Issues Open Letter to ShareholdersGlobeNewswire
- Parks! America Responds to FC Open Letter of April 2, 2024 [Yahoo! Finance]Yahoo! Finance
- Parks! America Responds to FC Open Letter of April 2, 2024GlobeNewswire
- Focused Compounding Rejects Offer for Three Board Seats and Appears Intent on Recovering All of Its Proxy Expenses from Stockholders [Yahoo! Finance]Yahoo! Finance
PRKA
Sec Filings
- 4/23/24 - Form DEFC14A
- 4/17/24 - Form DEFA14A
- 4/16/24 - Form PREC14A
- PRKA's page on the SEC website