Parks America Reports Q3 Fiscal 2025 Revenue Growth and Improved Net Income

Parks America, Inc. reported its financial results for the third quarter of fiscal 2025, revealing a total revenue of $3.48 million, a slight increase of 0.8% from $3.45 million in the same period last year. The company's park revenue also saw a modest rise, reaching $3.40 million, up 1.2% from $3.36 million in the prior year. However, animal sales decreased by 15% to $78,262, attributed to timing issues in sales at the Georgia Park. The company’s net income for the quarter was $824,370, or $1.09 per share, a significant improvement compared to a net income of $67,870, or $0.09 per share, in the third quarter of 2024.

In terms of year-to-date performance, total revenue for the first 39 weeks of fiscal 2025 was $7.25 million, down 0.8% from $7.30 million in the previous year. Park revenue increased slightly to $7.10 million, while animal sales dropped to $152,366 from $214,372. The company attributed the decline in animal sales to timing issues, particularly at the Texas Park. The net income for the year-to-date period was $769,649, a turnaround from a net loss of $1.30 million in the same period last year.

Parks America has undergone significant operational changes, including a strategic switch to a new ticketing platform in January 2024, which improved customer experience but did not directly impact profitability. The company also implemented a reverse/forward stock split in April 2025 to reduce administrative costs associated with a large number of shareholders holding small amounts of stock. This restructuring has resulted in a reduction of shares outstanding from 757,270 to 753,607.

Operationally, the company reported mixed attendance figures across its parks. The Georgia Park experienced a 16.2% decrease in attendance, primarily due to adverse weather conditions, while the Missouri Park saw a 6.8% increase, driven by field trips and group attendance. The Texas Park reported a notable 44% increase in attendance, attributed to new admission pricing and effective marketing strategies. The company’s total assets decreased to $18.59 million from $19.19 million, while total liabilities also fell to $4.01 million from $5.25 million, reflecting a decrease in current liabilities.

Looking ahead, Parks America remains focused on enhancing its operational efficiency and customer engagement. The company is evaluating the impact of recent tax reforms and anticipates that ongoing improvements in park operations and marketing strategies will support revenue growth. The management expressed optimism about the upcoming busy season, which typically begins in late March, and is expected to contribute significantly to annual revenue.