Smart Parking FY26 slides: revenue surges 63%, organic growth leads
Smart Parking Limited (ASX:SPZ) released its fiscal year 2026 financial results on August 18, 2026, showcasing a record-breaking year with significant growth across multiple financial metrics. Revenue surged 63% to AUD 126.0 million, while adjusted EBITDA rose 50% to AUD 30.8 million. CEO Paul Gillespie highlighted that 72% of this growth stemmed from organic expansion, underscoring the company's robust core business model operating across six territories.
The company had surpassed 2,000 ANPR (Automatic Number Plate Recognition) sites under management by the end of the year, totaling 2,083 locations. The stock rose 22.22% to $0.77 after the announcement, though it remained below its 52-week high of $1.515, currently trading at $0.825, marking a 30.95% gain from the pre-announcement close of $0.63.
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