Quarterly ResultMay 11, 2026, 04:51 PM
Parks America Reports Q2 Net Income $29.5K; Operating Cash Flow Positive
AI Summary
Parks America, Inc. reported a net income of $29,545 for the 13 weeks ended March 29, 2026, a significant improvement from a net loss of $247,762 in the prior year. Total revenue for the quarter increased to $2.30 million from $2.00 million. For the 26-week period, the company reduced its net loss to $6,516 from $54,721 and generated positive net cash from operating activities of $263,506. The company also purchased $39,700 in treasury stock during the 26-week period.
Key Highlights
- Net income for 13 weeks: $29,545 vs $(247,762) YoY.
- Basic EPS for 13 weeks: $0.04 vs $(0.33) YoY.
- Total revenue for 13 weeks: $2.30M, up from $2.00M YoY.
- Net cash from operations for 26 weeks: $263,506 vs $(162,671) YoY.
- Total revenue for 26 weeks: $4.39M, up from $3.77M YoY.
- Cash and cash equivalents: $3.48M as of March 29, 2026.
- Purchased $39,700 of treasury stock in 26 weeks.
Price Impact
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