Exhibit 99.1
Parks! America, Inc.
Reports Third Quarter Fiscal Year 2025 Financial Results
Management to host conference call on Monday, August 11, 2025, at 4:30 PM ET
PINE MOUNTAIN, Georgia, August 8, 2025 — Parks! America, Inc. (OTCQX: PRKA), today announced its financial results for the third fiscal quarter ended June 29, 2025. The summary information in this press release should not be used as the sole basis for making investment decisions. We encourage shareholders to read our complete Form 10-Q, which has been posted on the Investor Info section of the Company’s website, www.parksamerica.com, for a complete view of the Company and its results.
Segment Financial Results for the 13 and 39 weeks ended June 29, 2025
The Company manages its operations on an individual location basis. Financial information regarding each of the Company’s reportable segments is summarized in the tables below.
| For the 13 weeks ended | For the 39 weeks ended | |||||||||||||||
| June 29, 2025 | June 30, 2024 | June 29, 2025 | June 30, 2024 | |||||||||||||
| Total revenues: | ||||||||||||||||
| Georgia Park | $ | 1,999,462 | $ | 2,200,174 | $ | 4,156,567 | $ | 4,489,128 | ||||||||
| Missouri Park | 656,191 | 675,283 | 1,320,280 | 1,317,737 | ||||||||||||
| Texas Park | 820,267 | 573,287 | 1,771,552 | 1,497,704 | ||||||||||||
| Consolidated | $ | 3,475,920 | $ | 3,448,744 | $ | 7,248,399 | $ | 7,304,569 | ||||||||
| Income before income taxes: | ||||||||||||||||
| Georgia Park | $ | 988,670 | $ | 1,172,530 | $ | 1,471,158 | $ | 1,724,017 | ||||||||
| Missouri Park | 216,749 | 222,714 | 174,327 | 166,886 | ||||||||||||
| Texas Park | 333,531 | 107,086 | 348,605 | 102,137 | ||||||||||||
| Segment income | 1,538,950 | 1,502,330 | 1,994,090 | 1,993,040 | ||||||||||||
| Corporate expenses | (277,876 | ) | (401,082 | ) | (849,711 | ) | (911,490 | ) | ||||||||
| Depreciation and amortization | (230,756 | ) | (230,852 | ) | (659,619 | ) | (672,648 | ) | ||||||||
| Contested proxy and related matters, net | 103,657 | (746,570 | ) | 670,814 | (2,037,822 | ) | ||||||||||
| Tornado expenses and write-offs, net | — | 53,755 | — | 53,755 | ||||||||||||
| Legal settlement | — | (75,000 | ) | — | (75,000 | ) | ||||||||||
| Other operating expenses, net | (13,750 | ) | — | (13,698 | ) | (35,754 | ) | |||||||||
| Other income, net | 18,345 | 31,412 | 57,050 | 101,325 | ||||||||||||
| Interest expense | (53,970 | ) | (46,923 | ) | (166,148 | ) | (147,515 | ) | ||||||||
| Consolidated | $ | 1,084,599 | $ | 87,070 | $ | 1,032,778 | $ | (1,732,109 | ) | |||||||
| For the 13 weeks ended | For the 39 weeks ended | |||||||||||||||
| June 29, 2025 | June 30, 2024 | June 29, 2025 | June 30, 2024 | |||||||||||||
| Depreciation and amortization: | ||||||||||||||||
| Georgia Park | $ | 106,876 | $ | 97,059 | $ | 295,124 | $ | 283,107 | ||||||||
| Missouri Park | 55,332 | 59,184 | 163,413 | 173,604 | ||||||||||||
| Texas Park | 68,134 | 74,195 | 199,840 | 214,695 | ||||||||||||
| Corporate | 414 | 414 | 1,242 | 1,242 | ||||||||||||
| Consolidated | $ | 230,756 | $ | 230,852 | $ | 659,619 | $ | 672,648 | ||||||||
| Capital expenditures | ||||||||||||||||
| Georgia Park | $ | 65,100 | $ | 98,867 | $ | 1,003,894 | $ | 372,059 | ||||||||
| Missouri Park | 30,364 | 4,569 | 63,887 | 79,614 | ||||||||||||
| Texas Park | - | 81,483 | 114,068 | 218,118 | ||||||||||||
| Consolidated | $ | 95,464 | $ | 184,919 | $ | 1,181,849 | $ | 669,791 | ||||||||
| As of | ||||||||
| June 29, 2025 | September 29, 2024 | |||||||
| Total assets: | ||||||||
| Georgia Park | $ | 7,618,521 | $ | 7,520,918 | ||||
| Missouri Park | 2,880,382 | 3,399,324 | ||||||
| Texas Park | 8,019,019 | 7,812,661 | ||||||
| Corporate | 72,147 | 461,168 | ||||||
| Consolidated | $ | 18,590,070 | $ | 19,194,071 | ||||
| Total cash & short-term investments: | ||||||||
| Georgia Park | $ | 1,277,036 | $ | 1,800,623 | ||||
| Missouri Park | 488,063 | 870,918 | ||||||
| Texas Park | 891,416 | 570,122 | ||||||
| Corporate | 31,146 | 82,705 | ||||||
| Consolidated | $ | 2,687,661 | $ | 3,324,368 | ||||
| Asset less cash & short-term investments: | ||||||||
| Georgia Park | $ | 6,341,485 | $ | 5,720,295 | ||||
| Missouri Park | 2,392,320 | 2,528,406 | ||||||
| Texas Park | 7,127,603 | 7,242,539 | ||||||
| Corporate | 41,002 | 378,463 | ||||||
| Consolidated | $ | 15,902,409 | $ | 15,869,703 | ||||
Conference Call and Webcast Details
The Company will host a conference call to review its financial results of the third quarter of fiscal year 2025 on August 11, 2025, at 4:30 pm ET. The conference call will be webcast and can be accessed through the Investor Info section of the Company’s website, www.parksamerica.com.
All participants on the conference call will have the opportunity to ask a question. You may also email your question to invest@parksamerica.com prior to the call. A transcript of the call will be available on the Company’s website.
About Parks! America, Inc.
Parks! America, Inc. (OTCQX: PRKA), through our wholly owned subsidiaries, owns and operates three regional safari parks and is in the business of acquiring, developing and operating local and regional entertainment assets in the United States.
Additional information, including our Annual Report on Form 10-K for the fiscal year ended September 29, 2024, is available in the Investor Info section of the Company’s website, www.parksamerica.com.
Cautionary Note Regarding Forward Looking Statements
This news release may contain “forward-looking statements” within the meaning of U.S. securities laws. Forward-looking statements include statements concerning our future plans, business strategy, liquidity, capital expenditures, sources of revenue and other similar statements that are not historical in nature. You are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this news release and speak only as of the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results to differ significantly from those expressed or implied by such forward-looking statements. Readers are advised to consider the factors listed under the heading “Risk Factors” and the other information contained in the Company’s Annual Report on Form 10-K and other reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
Contact:
John Grau
InvestorCom
(203) 972-9300
info@investor-com.com