Parks! America Roars Back to Profitability in Fiscal Year 2025

PINE MOUNTAIN, GA – December 12, 2025 – Parks! America, Inc. (OTCQX: PRKA) today announced a dramatic financial turnaround for its 2025 fiscal year, swinging from a significant loss in the prior year to a notable profit. The operator of three regional safari parks reported strong revenue growth and improved segment income, signaling a significant operational rebound and a successful move past the costly distractions that plagued its 2024 performance.

For the full fiscal year ended September 28, 2025, the company posted an income before income taxes of $1.92 million. This marks a monumental recovery from the $1.48 million loss reported for fiscal 2024. The positive results were underpinned by a 5.6% increase in consolidated total revenue, which climbed to $10.47 million for the year, and a healthy rise in consolidated segment income to $3.37 million.

A Stark Financial Turnaround

The full-year results paint a picture of renewed financial health for the regional entertainment company. The impressive swing to profitability was not just an annual phenomenon; the fourth quarter demonstrated accelerating momentum. For the 13 weeks ended September 28, 2025, consolidated revenue jumped to $3.22 million, a substantial increase from $2.61 million in the same period last year. Consequently, consolidated segment income for the quarter surged to $1.37 million, up from $831,979 in the fourth quarter of 2024.

A closer look at the individual park segments reveals a solid operational foundation. The Georgia park remains the company's financial anchor, contributing $2.26 million in segment income for the full year. While its annual revenue saw a marginal dip, its fourth-quarter performance was robust, with revenue climbing to $1.76 million from $1.47 million year-over-year.

Meanwhile, the Texas park emerged as a key growth driver. Its full-year revenue for fiscal 2025 jumped by nearly 24% to $2.36 million, and its segment income skyrocketed from just $72,921 in 2024 to $537,697 in 2025. This powerful recovery was particularly evident in the fourth quarter, where the Texas location turned a prior-year loss of $29,216 into an income of $189,091. The Missouri park also delivered steady growth, increasing its annual segment income to $575,591.

Shedding One-Time Burdens

While improved park operations and revenue growth were crucial, the primary driver of Parks! America's return to profitability was the absence of extraordinary expenses that heavily impacted the 2024 fiscal year. The company's 2024 results were dragged down by over $2 million in costs related to a "Contested proxy and related matters," which stemmed from a contentious battle with activist investor Focused Compounding Fund, LP.

In a remarkable reversal, the line item for these matters showed a net credit of over $670,000 for fiscal year 2025, contributing to a nearly $2.7 million positive swing on the income statement from this single factor. The resolution of this protracted and expensive dispute, which saw Geoffrey Gannon of Focused Compounding eventually join the board and become President in June 2024, has clearly allowed management to refocus on core operations.

Furthermore, the company is no longer booking significant expenses related to the EF3 tornado that damaged its Georgia park in March 2023. While the park recovered and reopened quickly, the financial after-effects lingered into the 2024 fiscal year. With these significant one-time burdens now in the rearview mirror, the company's underlying operational profitability is much clearer.

Strategic Investments Fueling Growth

Beyond the cleanup of its income statement, Parks! America is actively investing in its future. Total capital expenditures for fiscal 2025 increased to $1.28 million, a significant step up from the $906,955 spent in the prior year. This signals a strategic commitment to enhancing the visitor experience to drive sustainable growth.

The Georgia park was the largest recipient of this capital, with over $1 million invested in the property during the year. This aligns with management's stated strategy of modernizing facilities, creating larger and more interactive animal habitats, and generally elevating the feel of its properties. Such investments are critical for attracting repeat visitors and increasing per-capita spending, a key metric in the leisure industry.

The success seen at the Texas park, where strong revenue and attendance growth followed new pricing and marketing initiatives, underscores the potential returns from well-executed strategic adjustments. As the company continues to reinvest in its assets, these improvements are expected to bolster its position within the highly competitive regional entertainment market.

Navigating a Competitive Leisure Landscape

Parks! America's rebound is occurring within a favorable industry environment. The U.S. amusement and theme park market has seen explosive growth since 2020 and is projected to continue its steady expansion. Regional parks, in particular, are well-positioned to capture consumer demand for accessible, family-friendly outdoor entertainment.

The company's focus on drive-to safari park destinations carves out a distinct niche that is less capital-intensive than major theme parks. However, sustained success requires continuous innovation and investment to keep the experience fresh for local and regional visitors.

With the proxy battle resolved and new leadership in place, investors will be watching closely to see if the operational momentum of 2025 can be sustained. The upcoming conference call on December 15th will provide an important opportunity for management to outline its strategic vision for building on this year's success. The impressive turnaround has reset the stage, but consistent execution and a clear plan for long-term value creation will be essential for building lasting investor confidence.