Parks America, Inc - Understand $prka stock

$PRKA Market Cap: $33.32 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$8.260M

TTM

Gross Margin

86.27%

TTM

Net Earnings

-$929.1K

TTM

Current Assets

$4.157M

Q3 2024

Current Liabilities

$2.558M

Q3 2024

Current Ratio

162.5%

Q3 2024

Total Assets

$19.19M

Q3 2024

Total Liabilities

$5.246M

Q3 2024

Book Value

$13.95M

Q3 2024

Cash

$2.489M

Q3 2024

P/E

-35.86

Nov 29, 2024 EST

Free Cash Flow

$992.3K

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$9.912M	$9.440M	$10.74M	$11.86M	$9.507M	$6.184M	$6.047M	$6.238M	$5.026M	$4.379M	$4.010M	$3.750M	$3.690M	$3.020M	$3.380M	$3.310M	$3.110M	$2.600M
YoY Change	5.0%	-12.11%	-9.45%	24.77%	53.73%	2.27%	-3.07%	24.11%	14.78%	9.21%	6.93%	1.63%	22.19%	-10.65%	2.11%	6.43%	19.62%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$9.912M	$9.440M	$10.74M	$11.86M	$9.507M	$6.184M	$6.047M	$6.238M	$5.026M	$4.379M	$4.010M	$3.750M	$3.690M	$3.020M	$3.380M	$3.310M	$3.110M	$2.600M
Cost Of Revenue		$1.285M	$1.447M	$1.489M	$962.1K	$673.7K	$672.8K	$608.0K	$542.9K	$531.5K	$500.0K	$490.0K	$530.0K	$390.0K	$500.0K	$520.0K	$430.0K	$350.0K
Gross Profit		$8.155M	$9.295M	$10.37M	$8.545M	$5.511M	$5.374M	$5.630M	$4.484M	$3.848M	$3.510M	$3.270M	$3.160M	$2.640M	$2.880M	$2.800M	$2.680M	$2.250M
Gross Profit Margin		86.39%	86.53%	87.45%	89.88%	89.11%	88.87%	90.25%	89.2%	87.86%	87.53%	87.2%	85.64%	87.42%	85.21%	84.59%	86.17%	86.54%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Selling, General & Admin	$6.886M	$7.015M	$7.218M	$5.818M	$4.115M	$3.399M	$3.205M	$3.082M	$2.646M	$2.617M	$2.660M	$2.600M	$2.310M	$1.910M	$2.490M	$2.570M	$3.000M	$2.020M
YoY Change	-1.84%	-2.81%	24.06%	41.37%	21.07%	6.05%	4.01%	16.48%	1.08%	-1.61%	2.31%	12.55%	20.94%	-23.29%	-3.11%	-14.33%	48.51%
% of Gross Profit		86.02%	77.66%	56.09%	48.16%	61.68%	59.65%	54.73%	59.01%	68.02%	75.78%	79.51%	73.1%	72.35%	86.46%	91.79%	111.94%	89.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$860.8K	$866.0K	$766.9K	$704.0K	$576.1K	$454.0K	$425.7K	$386.1K	$342.0K	$326.4K	$320.0K	$310.0K	$320.0K	$230.0K	$310.0K	$320.0K	$260.0K	$180.0K
YoY Change	-0.6%	12.92%	8.93%	22.2%	26.91%	6.65%	10.25%	12.88%	4.78%	2.0%	3.23%	-3.13%	39.13%	-25.81%	-3.13%	23.08%	44.44%
% of Gross Profit		10.62%	8.25%	6.79%	6.74%	8.24%	7.92%	6.86%	7.63%	8.48%	9.12%	9.48%	10.13%	8.71%	10.76%	11.43%	9.7%	8.0%
Operating Expenses	$6.886M	$7.015M	$7.218M	$6.522M	$4.691M	$3.853M	$3.631M	$3.468M	$3.056M	$2.944M	$3.280M	$2.900M	$2.630M	$2.140M	$2.800M	$2.890M	$3.260M	$2.200M
YoY Change	-1.84%	-2.81%	10.67%	39.02%	21.76%	6.12%	4.71%	13.48%	3.8%	-10.25%	13.1%	10.27%	22.9%	-23.57%	-3.11%	-11.35%	48.18%
Operating Profit	-$1.384M	-$430.3K	$1.201M	$3.851M	$3.854M	$1.657M	$1.743M	$2.163M	$1.428M	$904.0K	$230.0K	$370.0K	$530.0K	$500.0K	$80.00K	-$90.00K	-$580.0K	$50.00K
YoY Change	221.55%	-135.84%	-68.83%	-0.06%	132.51%	-4.91%	-19.4%	51.46%	57.95%	293.04%	-37.84%	-30.19%	6.0%	525.0%	-188.89%	-84.48%	-1260.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest Expense	$229.2K	$222.4K	$261.6K	-$322.0K	-$182.9K	-$76.00K	-$177.8K	-$200.3K	-$214.5K	-$226.8K	-$220.0K	-$250.0K	-$270.0K	-$240.0K	-$330.0K	-$340.0K	-$490.0K	-$460.0K
YoY Change	3.08%	-14.99%	-181.26%	76.0%	140.7%	-57.26%	-11.2%	-6.64%	-5.41%	3.07%	-12.0%	-7.41%	12.5%	-27.27%	-2.94%	-30.61%	6.52%
% of Operating Profit			21.79%	-8.36%	-4.75%	-4.59%	-10.2%	-9.26%	-15.02%	-25.08%	-95.65%	-67.57%	-50.94%	-48.0%	-412.5%			-920.0%
Other Income/Expense, Net		$80.23K	$91.28K	$51.33K	$27.79K	$27.10K	$20.20K	$91.37K	$9.350K	$8.440K	$10.00K	$10.00K	$30.00K	$20.00K	$110.0K	$60.00K	$10.00K	$180.0K
YoY Change		-12.11%	77.83%	84.71%	2.55%	34.16%	-77.89%	877.22%	10.78%	-15.6%	0.0%	-66.67%	50.0%	-81.82%	83.33%	500.0%	-94.44%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Pretax Income	-$1.480M	-$572.4K	$1.030M	$3.681M	$3.694M	$1.495M	$1.423M	$2.036M	$1.211M	$675.1K	$10.00K	$240.0K	$300.0K	$270.0K	-$160.0K	-$460.0K	-$1.170M	-$250.0K
YoY Change	158.52%	-155.56%	-72.01%	-0.36%	147.01%	5.12%	-30.13%	68.14%	79.36%	6651.0%	-95.83%	-20.0%	11.11%	-268.75%	-65.22%	-60.68%	368.0%
Income Tax	-$385.3K	-$88.68K	$302.8K	$882.0K	$926.4K	$398.9K	$344.6K	$775.3K	-$690.7K	$50.50K	$10.00K	$50.00K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income			29.39%	23.96%	25.08%	26.67%	24.22%	38.08%	-57.05%	7.48%	100.0%	20.83%	0.0%	0.0%
Net Earnings	-$1.094M	-$483.7K	$727.5K	$2.799M	$2.767M	$1.097M	$1.011M	$1.261M	$1.902M	$624.6K	-$10.00K	$190.0K	$300.0K	$270.0K	-$160.0K	-$410.0K	-$1.460M	-$120.0K
YoY Change	126.25%	-166.49%	-74.0%	1.12%	152.38%	8.44%	-19.79%	-33.7%	204.44%	-6346.0%	-105.26%	-36.67%	11.11%	-268.75%	-60.98%	-71.92%	1116.67%
Net Earnings / Revenue	-11.04%	-5.12%	6.77%	23.59%	29.11%	17.73%	16.72%	20.21%	37.83%	14.26%	-0.25%	5.07%	8.13%	8.94%	-4.73%	-12.39%	-46.95%	-4.62%
Basic Earnings Per Share	-$0.01	-$0.01	$0.01	$0.04
Diluted Earnings Per Share	-$0.01	-$0.01	$9.676K	$37.27K	$36.92K	$14.66K	$13.54K	$16.89K	$25.52K	$8.401K	-$134.80	$2.565K	$4.058K	$3.660K	-$2.174K	-$7.671K	-$28.02K	-$2.313K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$4.098M	$5.472M	$6.654M	$5.506M	$3.788M	$2.674M	$3.204M	$1.483M	$563.1K	$660.0K	$310.0K	$150.0K	$40.00K	$10.00K	$240.0K	$80.00K	$500.0K
YoY Change	-25.1%	-17.77%	20.86%	45.35%	41.64%	-16.53%	116.08%	163.32%	-14.68%	112.9%	106.67%	275.0%	300.0%	-95.83%	200.0%	-84.0%
Cash & Equivalents
Short-Term Investments															$0.00	$10.00K	$130.0K
Other Short-Term Assets	$558.7K	$170.8K	$175.3K	$148.7K	$147.5K	$131.9K	$309.6K	$544.3K	$544.1K	$90.00K	$70.00K	$40.00K	$30.00K	$100.0K	$120.0K	$1.020M	$1.380M
YoY Change	227.13%	-2.55%	17.83%	0.81%	11.88%	-57.41%	-43.11%	0.02%	504.58%	28.57%	75.0%	33.33%	-70.0%	-16.67%	-88.24%	-26.09%
Inventory	$419.2K	$542.0K	$314.1K	$200.9K	$195.2K	$240.0K	$157.3K	$107.6K	$139.3K	$140.0K	$150.0K	$150.0K	$130.0K	$80.00K	$100.0K	$130.0K	$90.00K
Prepaid Expenses
Receivables	$36.17K	$4.410K	$4.470K								$10.00K	$0.00	$20.00K	$0.00
Other Receivables	$0.00	$0.00	$0.00								$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$5.112M	$6.189M	$7.148M	$5.855M	$4.131M	$3.046M	$3.671M	$2.135M	$1.247M	$890.0K	$540.0K	$340.0K	$220.0K	$190.0K	$450.0K	$1.230M	$1.970M
YoY Change	-17.4%	-13.42%	22.08%	41.76%	35.6%	-17.02%	71.98%	71.24%	40.06%	64.81%	58.82%	54.55%	15.79%	-57.78%	-63.41%	-37.56%
Property, Plant & Equipment	$14.91M	$14.81M	$13.81M	$13.65M	$6.620M	$6.615M	$6.465M	$6.433M	$6.363M	$6.120M	$6.250M	$6.200M	$6.350M	$6.490M	$6.740M	$7.090M	$4.790M
YoY Change	0.66%	7.28%	1.11%	106.25%	0.08%	2.32%	0.5%	1.1%	3.97%	-2.08%	0.81%	-2.36%	-2.16%	-3.71%	-4.94%	48.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$20.91K	$23.09K	$15.97K	$12.14K	$11.79K	$12.05K	$169.6K	$785.6K	$8.500K	$10.00K	$10.00K	$10.00K	$10.00K	$10.00K	$0.00	$490.0K	$1.230M
YoY Change	-9.44%	44.58%	31.55%	2.97%	-2.16%	-92.89%	-78.42%	9142.59%	-15.0%	0.0%	0.0%	0.0%	0.0%		-100.0%	-60.16%
Total Long-Term Assets	$14.98M	$14.91M	$13.83M	$13.67M	$6.633M	$6.628M	$6.637M	$7.222M	$6.530M	$6.290M	$6.440M	$6.210M	$6.370M	$6.500M	$6.760M	$7.610M	$6.150M
YoY Change	0.46%	7.81%	1.22%	106.05%	0.07%	-0.13%	-8.1%	10.59%	3.81%	-2.33%	3.7%	-2.51%	-2.0%	-3.85%	-11.17%	23.74%
Total Assets	$20.10M	$21.10M	$20.98M	$19.52M	$10.76M	$9.674M	$10.31M	$9.356M	$7.777M	$7.180M	$6.980M	$6.550M	$6.590M	$6.690M	$7.210M	$8.840M	$8.120M
YoY Change
Accounts Payable	$79.35K	$267.6K	$221.4K	$178.5K	$96.27K	$92.24K	$137.7K	$24.11K	$141.4K	$120.0K	$110.0K	$130.0K	$120.0K	$100.0K	$210.0K	$10.00K	$10.00K
YoY Change	-70.34%	20.85%	24.05%	85.41%	4.37%	-33.02%	471.22%	-82.95%	17.83%	9.09%	-15.38%	8.33%	20.0%	-52.38%	2000.0%	0.0%
Accrued Expenses	$427.8K	$328.0K	$289.0K	$279.6K	$202.6K		$0.00	$372.4K	$304.3K	$300.0K	$170.0K	$110.0K	$190.0K	$70.00K	$160.0K	$360.0K	$100.0K
YoY Change	30.45%	13.47%	3.37%	38.04%			-100.0%	22.37%	1.44%	76.47%	54.55%	-42.11%	171.43%	-56.25%	-55.56%	260.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$40.00K	$370.0K	$330.0K	$520.0K	$90.00K
YoY Change												-100.0%	-89.19%	12.12%	-36.54%	477.78%
Long-Term Debt Due	$767.7K	$732.8K	$699.5K	$1.221M	$204.4K	$195.2K	$111.5K	$104.7K	$108.8K	$100.0K	$110.0K	$1.770M	$230.0K	$270.0K	$2.180M	$170.0K	$60.00K
YoY Change	4.76%	4.76%	-42.71%	497.48%	4.69%	75.07%	6.55%	-3.78%	8.76%	-9.09%	-93.79%	669.57%	-14.81%	-87.61%	1182.35%	183.33%
Total Short-Term Liabilities	$1.418M	$1.522M	$1.452M	$1.999M	$684.8K	$506.9K	$530.4K	$732.6K	$801.9K	$720.0K	$390.0K	$2.020M	$580.0K	$800.0K	$2.890M	$1.870M	$1.690M
YoY Change	-6.82%	4.82%	-27.35%	191.9%	35.1%	-4.43%	-27.6%	-8.65%	11.38%	84.62%	-80.69%	248.28%	-27.5%	-72.32%	54.55%	10.65%
Long-Term Debt	$3.460M	$4.227M	$4.960M	$5.797M	$1.154M	$1.358M	$2.990M	$3.114M	$3.374M	$3.490M	$3.610M	$1.750M	$3.520M	$3.680M	$1.950M	$4.540M	$2.560M
YoY Change	-18.16%	-14.77%	-14.44%	402.37%	-15.02%	-54.59%	-3.96%	-7.73%	-3.31%	-3.32%	106.29%	-50.28%	-4.35%	88.72%	-57.05%	77.34%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$3.460M	$4.227M	$4.960M	$5.797M	$1.154M	$1.358M	$2.990M	$3.114M	$3.374M	$3.490M	$3.610M	$1.750M	$3.520M	$3.680M	$1.950M	$4.540M	$2.560M
YoY Change	-18.16%	-14.77%	-14.44%	402.37%	-15.02%	-54.59%	-3.96%	-7.73%	-3.31%	-3.32%	106.29%	-50.28%	-4.35%	88.72%	-57.05%	77.34%
Total Liabilities	$5.111M	$5.750M	$6.412M	$7.796M	$1.839M	$1.865M	$3.521M	$3.846M	$4.176M	$4.210M	$4.000M	$3.770M	$4.100M	$4.470M	$4.840M	$6.410M	$4.250M
YoY Change	-11.12%	-10.34%	-17.75%	323.99%	-1.4%	-47.03%	-8.46%	-7.91%	-0.8%	5.25%	6.1%	-8.05%	-8.28%	-7.64%	-24.49%	50.82%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021
Basic Shares Outstanding	75.68K shares	75.37K shares	75.19M shares	75.09M shares
Diluted Shares Outstanding	75.68K shares	75.37K shares	75.19K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $33.32 Million

About PARKS AMERICA, INC

Parks!America, Inc. engages in the business of acquiring, developing, and operating local and regional theme parks, and attractions through Wild Animal Safari, Inc. and Wild Animal, Inc. The company is headquartered in Pine Mountain, Georgia and currently employs 49 full-time employees. The company went IPO on 2002-08-13. America, Inc., through its wholly owned subsidiaries, owns and operates three regional theme parks and is in the business of acquiring, developing and operating local and regional theme parks and attractions in the United States. The Company’s wholly owned subsidiaries are Wild Animal Safari, Inc. (Wild Animal Georgia), Wild Animal, Inc., (Wild Animal Missouri) and Aggieland-Parks, Inc., (Aggieland Wild Animal Texas). Wild Animal Georgia owns and operates the Wild Animal Safari theme park in Pine Mountain, Georgia (the Georgia Park). Wild Animal Missouri owns and operates the Wild Animal Safari theme park located in Strafford, Missouri (the Missouri Park). Aggieland Wild Animal Texas owns and operates the Aggieland Wild Animal Safari theme park near Bryan/College Station, Texas (the Texas Park). Wild Animal Georgia Park is situated within a 200-acre portion of a 500-acre plot, located approximately 75 miles southwest of Atlanta.

Industry: Services-Miscellaneous Amusement & Recreation Peers: Allied Gaming & Entertainment Inc. ALTITUDE INTERNATIONAL HOLDINGS, INC. Drive Shack Inc. F45 Training Holdings Inc. VAIL RESORTS INC Hall of Fame Resort & Entertainment Co SIMPLICITY ESPORTS & GAMING Co SCORES HOLDING CO INC