Smart Parking FY26 slides: 63% revenue surge, 72% organic growth

Smart Parking Limited (ASX:SPZ) released its full-year FY26 financial results on August 18, 2026, revealing a remarkable 63% increase in revenue and a 72% organic growth rate. The parking management technology firm reported a revenue of AUD 126.0 million, an impressive 63% rise from the previous year. Adjusted EBITDA climbed 50% to AUD 30.8 million, signaling strong profitability.

The market reacted positively to the results, with shares jumping 25.4% to $0.79, although the stock is still below its 52-week high of $1.515. The company's management highlighted that 72% of the revenue growth was the result of organic expansion, as opposed to acquisitions, demonstrating the scalability of their AI-driven ANPR technology platform across six operating territories.