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PARKS AMERICA INC
Symbol	PRKA
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Parks! America, Inc. Reports Fourth Quarter and Full Year Fiscal Year 2025 Financial Results

2025-12-12 16:10 ET - News Release

Management to host conference call on Monday, December 15, 2025, at 4:30 PM ET

PINE MOUNTAIN, Georgia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Parks! America, Inc. (OTCQX: PRKA), today announced its financial results for the fourth fiscal quarter and fiscal year ended September 28, 2025. The summary information in this press release should not be used as the sole basis for making investment decisions. We encourage shareholders to read our complete Form 10-K, which has been posted on the Investor Info section of the Company’s website, www.parksamerica.com, for a complete view of the Company and its results.

Segment Financial Results for the 13 and 52 weeks ended September 28, 2025

The Company manages its operations on an individual park location basis. Financial information regarding each of the Company’s reportable segments is summarized in the tables below.

	For the 13 weeks ended September 28, 2025
	Georgia Park		Missouri Park		Texas Park		Consolidated
Total revenue	$	1,760,856	$	869,376	$	592,944	$	3,223,176
Less significant expense categories ⁽¹⁾:
Cost of animal food, merchandise and food		241,265		78,260		37,829		357,354
Other revenue driven costs ⁽²⁾		32,004		17,322		12,617		61,943
Personnel costs ⁽³⁾		377,013		201,584		159,476		738,073
Advertising and marketing		84,168		85,491		94,958		264,617
Other segment expenses ⁽⁴⁾		241,901		85,453		98,973		426,327
Segment income	$	784,505	$	401,266	$	189,091	$	1,374,862

	For the 13 weeks ended September 29, 2024
	Georgia Park		Missouri Park		Texas Park			Consolidated
Total revenue	$	1,471,131	$	718,543	$	418,017		$	2,607,691
Less significant expense categories ⁽¹⁾:
Cost of animal food, merchandise and food		199,411		77,717		88,283			365,411
Other revenue driven costs ⁽²⁾		32,695		13,209		7,756			53,660
Personnel costs ⁽³⁾		354,334		203,611		164,119			722,064
Advertising and marketing		42,564		32,527		63,014			138,105
Other segment expenses ⁽⁴⁾		271,265		101,146		124,061			496,472
Segment income (loss)	$	570,862	$	290,333	$	(29,216	)	$	831,979

	For the 52 weeks ended September 28, 2025
	Georgia Park		Missouri Park		Texas Park		Consolidated
Total revenue	$	5,917,423	$	2,189,656	$	2,364,496	$	10,471,575
Less significant expense categories ⁽¹⁾:
Cost of animal food, merchandise and food		789,293		232,363		304,204		1,325,860
Other revenue driven costs ⁽²⁾		115,195		43,081		47,492		205,768
Personnel costs ⁽³⁾		1,377,831		726,050		688,096		2,791,977
Advertising and marketing		301,687		240,204		333,429		875,320
Other segment expenses ⁽⁴⁾		1,077,753		372,367		453,578		1,903,698
Segment income	$	2,255,664	$	575,591	$	537,697	$	3,368,952

	For the 52 weeks ended September 29, 2024
	Georgia Park		Missouri Park		Texas Park		Consolidated
Total revenue	$	5,960,259	$	2,036,280	$	1,915,721	$	9,912,260
Less significant expense categories ⁽¹⁾:
Cost of animal food, merchandise and food		747,473		276,729		388,476		1,412,678
Other revenue driven costs ⁽²⁾		158,815		46,632		46,729		252,176
Personnel costs ⁽³⁾		1,328,979		659,088		653,428		2,641,495
Advertising and marketing		340,586		225,087		310,304		875,977
Other segment expenses ⁽⁴⁾		1,089,527		371,525		443,863		1,904,915
Segment income	$	2,294,879	$	457,219	$	72,921	$	2,825,019

⁽¹⁾	The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
⁽²⁾	Other revenue driven costs include credit card fees and other revenue processing costs driven by sales volume.
⁽³⁾	Personnel costs include fixed and variable wages, benefits and employer taxes.
⁽⁴⁾	Other segment expenses include all other operating expenses, including animal expenses, park and vehicle maintenance costs, insurance, utilities, outside services, operating supplies and other miscellaneous expenses.

The table below presents a reconciliation of reportable consolidated segment income to Income (loss) before income taxes

	For the 13 weeks ended						For the 52 weeks ended
	September 28, 2025			September 29, 2024			September 28, 2025			September 29, 2024
Consolidated segment income	$	1,374,862		$	831,979		$	3,368,952		$	2,825,019
Less:
Unallocated corporate expenses ⁽¹⁾		213,686			300,274			1,063,397			1,211,764
Depreciation and amortization		226,377			199,319			885,996			871,967
Contested proxy and related matters, net		—			2,988			(670,814	)		2,040,810
Tornado expenses and write-offs, net		—			—			—			(53,755	)
Legal settlement		—			—			—			75,000
Other operating expenses, net		15,598			26,980			29,296			62,734
Other (income), net		(21,523	)		(31,623	)		(78,573	)		(132,948	)
Interest expense		53,193			81,729			219,341			229,244
Income (loss) before income taxes	$	887,531		$	252,312		$	1,920,309		$	(1,479,797	)

⁽¹⁾	Unallocated corporate expenses include corporate personnel costs, directors fees and compensation, directors and officers insurance, computer software and services, professional fees and public company related expenses.

Additional Segment Data

	For the 52 weeks ended
	September 28, 2025		September 29, 2024
Depreciation and amortization:
Georgia Park	$	396,987	$	357,522
Missouri Park		218,429		231,734
Texas Park		268,923		281,055
Corporate		1,657		1,656
Total depreciation and amortization	$	885,996	$	871,967

	For the 52 weeks ended
	September 28, 2025		September 29, 2024
Capital expenditures:
Georgia Park	$	1,038,800	$	593,515
Missouri Park		116,538		100,428
Texas Park		121,484		213,012
Total capital expenditures	$	1,276,822	$	906,955

	As of
	September 28, 2025		September 29, 2024
Total assets:
Georgia Park	$	8,043,972	$	7,520,918
Missouri Park		3,299,882		3,399,324
Texas Park		8,135,982		7,812,661
Corporate		19,606		461,168
Total assets	$	19,499,442	$	19,194,071

Total cash & short-term investments:
Georgia Park	$	1,920,827	$	1,800,623
Missouri Park		888,745		870,918
Texas Park		1,053,298		570,122
Corporate		14,524		82,705
Total cash & short-term investments	$	3,877,394	$	3,324,368

Total assets less cash & short-term investments:
Georgia Park	$	6,123,145	$	5,720,295
Missouri Park		2,411,137		2,528,406
Texas Park		7,082,684		7,242,539
Corporate		5,082		378,463
Total assets less cash & short-term investments	$	15,622,048	$	15,869,703

Conference Call and Webcast Details

The Company will host a conference call to review its financial results of the fourth fiscal quarter and fiscal year ended September 28, 2025 on December 15, 2025, at 4:30 pm ET. The conference call will be webcast and can be accessed through the Investor Info section of the Company’s website, www.parksamerica.com.

Investors should email their questions to: invest@parksamerica.com. Please send your email questions in as early as possible, and no later than 1 p.m. Eastern Time on Monday, December 15th. We will take these email questions first and then live participants will be able to ask follow-up questions in the remaining time. A transcript of the call will be available on the Company’s website.

About Parks! America, Inc.

Parks! America, Inc. (OTCQX: PRKA), through its wholly owned subsidiaries, owns and operates three regional safari parks and is in the business of acquiring, developing and operating local and regional entertainment assets in the United States.

Additional information, including our Annual Report on Form 10-K for the fiscal year ended September 28, 2025, is available in the Investor Info section of the Company’s website, www.parksamerica.com.

Cautionary Note Regarding Forward Looking Statements

This news release may contain “forward-looking statements” within the meaning of U.S. securities laws. Forward-looking statements include statements concerning the Company’s future plans, business strategy, liquidity, capital expenditures, sources of revenue and other similar statements that are not historical in nature. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the Company’s expectations as of the date of this news release and speak only as of the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to differ significantly from those expressed or implied by such forward-looking statements. Readers are advised to consider the factors listed under the heading “Risk Factors” and the other information contained in the Company’s Annual Report on Form 10-K and other reports filed from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Contact:

John Grau
InvestorCom
(203) 972-9300
info@investor-com.com