Latest Smart Parking (Asx:Spz) News

Smart Parking Limited has delivered record FY25 results, driven by strong organic growth and strategic acquisitions including its entry into the US market with Peak Parking. The company is targeting 3,000 ANPR sites globally by 2028, leveraging proprietary AI technology and a capital-light model.

Smart Parking Limited reports a record FY25 with revenues up 42% to $77.2 million, driven by organic growth and strategic acquisitions including Peak Parking in the US. The company targets 3,000 managed sites by 2028, leveraging proprietary AI technology across multiple international markets.

Smart Parking Limited delivered record FY25 results, driven by strong organic growth and the strategic acquisition of Peak Parking in the USA, setting the stage for ambitious global expansion.

Smart Parking Limited reported a transformational FY25, driven by a landmark US acquisition and strong international growth, boosting revenue by 41% and profit by 47%.

Smart Parking Limited reports robust H1 FY25 growth driven by a strategic US acquisition and expanding global footprint, underpinned by proprietary AI technology.

Smart Parking Limited has reported robust H1 FY25 results, underpinned by a strategic acquisition of Peak Parking LP and a fully underwritten $45 million equity raise to fund its US expansion.

Smart Parking Limited is set to expand its global footprint by acquiring US-based Peak Parking LP for up to USD 36 million, backed by a fully underwritten equity raise and expanded debt facility. The deal promises significant EPS accretion and strategic growth opportunities in the lucrative US parking market.

Smart Parking Limited has reported a robust half-year performance with a 20% increase in revenue and a 70% rise in net profit, driven by international expansion and operational growth across multiple markets.