Company Report
Last edited 4 months ago
PerformanceCommunity EngagementCommunity Endorsement
Performance (32m)
-21.4% pa
Followed by
Price History

Premium Content

Last edited 4 months ago

Premium Content


Premium Content

Sort by:
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
#FY results
Added 4 months ago

Smart Parking (SPZ) are due to release FY23 results on Monday.

While there should be no surprises to the market (as the market is updated with quarterly results) I find the growth profile of SPZ quite compelling.

Expect FY23 Rev of at least $43.5M+ (3Q23 $32.5M cumulative) which equates to a 2 year compound growth of 45%.

Sites and breach notices have been growing at +30% over the previous year.

Will be looking for meaningful growth in Germany and some update on the Queensland regulatory issues.

Share price appears significantly undervalued for the growth achieved and outlook. Possibly some hesitation due to regulatory risk?

Will update valuation following release of results. 

Added 10 months ago

Heard on ABC radio this morning that the Qld Government will from next week prevent companies from access to private registration details of vehicle owners.

No announcement from SPZ though.