Parks! America, Inc. filings document an OTCQX-traded Nevada operating company with common stock registered under Section 12(g). The company’s Current Reports on Form 8-K furnish operating results and financial condition updates tied to its regional safari park business and individual park location segments.
Regulatory filings also cover capital structure and governance matters, including share repurchase authorization, reverse/forward stock split disclosure, annual meeting votes, director elections, auditor ratification, advisory executive compensation votes, and officer employment and compensatory arrangements. Proxy materials describe board nominees, shareholder voting mechanics and other annual meeting proposals.
Parks! America, Inc. (PRKA) reported stronger results for the quarter ended March 29, 2026. Total revenue for the 13-week period rose to $2.30 million from $2.00 million a year earlier, driven mainly by higher park revenue across its Georgia, Missouri and Texas safari parks.
The company generated net income of $29,545 for the quarter, compared with a net loss of $247,762 in the prior-year quarter, as operating margin improved and cost of sales and overhead grew more slowly than revenue. For the 26-week year-to-date period, revenue increased to $4.39 million from $3.77 million, while the net loss narrowed to $6,516 from $54,721.
As of March 29, 2026, Parks! America held $3.48 million in cash and cash equivalents and had $3.04 million of term loan principal outstanding, supporting total assets of $19.22 million and stockholders’ equity of $15.22 million. The company also repurchased 1,000 shares for $39,700 under its 2025 share repurchase program and later transitioned its President and CEO, Geoffrey Gannon, to full-time employment at a base salary of $90,000.
Parks! America, Inc. reported stronger results for the second fiscal quarter ended March 29, 2026. Consolidated revenue for the 13-week period rose to $2,296,347 from $2,002,021 a year earlier, while consolidated segment income increased to $494,324 from $222,421. Texas Park delivered the highest segment margin at 30.6%, with Georgia at 22.3% and Missouri at 6.6%.
For the 26-week year-to-date period, total revenue grew to $4,389,745 from $3,772,479, and consolidated segment income nearly doubled to $902,051 from $455,140. After unallocated corporate expenses, depreciation, interest and other items, income before income taxes was $33,260 for the quarter and a modest loss of $12,301 year-to-date. As of March 29, 2026, total assets were $19,215,739 and cash and short-term investments totaled $3,477,936.
Parks! America, Inc. has formalized an offer letter with President and Chief Executive Officer Geoff Gannon, transitioning him to full-time employment effective March 31, 2026. The agreement, dated April 7, 2026, provides an annual base salary of $90,000, paid monthly, and eligibility for employer-paid health insurance benefits, subject to the company’s ability to provide such benefits. Mr. Gannon’s employment is on an at-will basis, and the full offer letter is filed as an exhibit.
Parks! America, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on March 20, 2026. As of the February 27, 2026 record date, 753,577 shares of common stock were outstanding, each entitled to one vote. A quorum was achieved with 403,308 shares represented, or approximately 53.52% of the outstanding shares.
Stockholders elected four directors: Geoffrey Gannon (391,875 votes for, 2,518 abstain), Andrew Kuhn (391,895 for, 2,498 abstain), Jacob McDonough (391,895 for, 2,498 abstain), and Matthew Hansen (391,943 for, 2,450 abstain). Stockholders also voted on two additional matters, with one receiving 401,222 votes for and another receiving 389,584 votes for.
Parks! America reported stronger top-line results for the 13 weeks ended December 28, 2025, with total revenue of $2,093,398, up 18.2% from $1,770,458 a year earlier. Park revenue grew 20.7% to $2,074,410 as all three safari parks benefited from better weather, higher attendance and more in-park spending.
Despite this, the company posted a small net loss of $36,061, compared with net income of $193,041 in the prior-year quarter. The swing mainly reflects the absence of last year’s $567,157 insurance recovery tied to a contested proxy, and higher advertising and marketing outlays. Operating performance improved, with consolidated segment income rising to $407,727 from $232,719, driven by especially strong growth at the Texas park, where revenue increased 51.5%. Cash and cash equivalents were $3,421,972 and term loan principal outstanding was $3,142,900. The company had 753,577 common shares outstanding as of February 4, 2026 and a new repurchase program authorizing up to 75,000 shares or $3.0 million, with no repurchases yet.
Parks! America, Inc. reported first fiscal quarter 2026 results with consolidated revenue of $2,093,398 for the 13 weeks ended December 28, 2025, up from $1,770,458 a year earlier. Georgia, Missouri and Texas parks all contributed, led by Georgia with $1,182,629 in revenue.
Consolidated segment income increased to $407,727 from $232,719, but after corporate expenses, depreciation, interest and other items the company recorded a loss before income taxes of $45,561, compared with income before income taxes of $276,941 in the prior-year period.
Total assets were $19,208,517 as of December 28, 2025, including cash and short-term investments of $3,421,972. Capital expenditures for the quarter were $304,853, primarily at the Georgia park. Management plans to review these results on a conference call on February 9, 2026, at 4:30 p.m. ET.
Parks! America, Inc. has filed an amended proxy statement for its Annual Meeting on March 20, 2026 in Springfield, Missouri. Stockholders will vote on electing four directors for one-year terms, ratifying GBQ Partners LLC as auditor for fiscal 2026, and approving executive compensation in a non-binding advisory vote.
The Board recommends voting “FOR” all four nominees — Geoffrey Gannon, Andrew Kuhn, Jacob McDonough, and Matthew Hansen — as well as “FOR” the auditor ratification and say-on-pay proposals, using the WHITE proxy card or online/telephone instructions.
The proxy describes a highly concentrated ownership structure, with Focused Compounding Fund, LP holding 41.3% of common stock and officers, directors and their controlled entities holding about 42.4% as of February 27, 2026. It outlines governance practices, an audit committee chaired by McDonough, and details of director and executive pay, including the current President serving without direct salary while prior executives received cash, equity awards and severance. A related-party arrangement is disclosed in which Focused Compounding Fund, LP provided a $2.5 million cash collateral reserve supporting a term loan to subsidiary Aggieland-Parks, Inc., with no fee paid to the fund.
Parks! America, Inc. is asking stockholders to vote at its in‑person Annual Meeting on March 20, 2026 in Springfield, Missouri. Investors will elect four directors for one‑year terms, ratify GBQ Partners LLC as independent auditor for fiscal 2026, and cast a non‑binding advisory vote on executive compensation.
The board’s slate is President and CEO Geoffrey Gannon, Andrew Kuhn, Jacob McDonough, and Matthew Hansen, and the board recommends voting “FOR” all three proposals on the WHITE proxy card. Only holders of record as of February 27, 2026 may vote, with one vote per share of common stock.
As of February 27, 2026, 753,577 shares were outstanding. Focused Compounding Fund, LP beneficially owned 311,027 shares, or 41.3%, and another large holder owned 30.5%, meaning a small group of investors controls a majority of the company’s stock. Officers and directors as a group controlled about 42.4% of the shares.
Parks! America, Inc. reported that its board of directors approved a share repurchase program allowing the company to buy back up to the lesser of 75,000 shares, described as 9.95% of shares outstanding, or $3 million of its common stock.
The company may conduct repurchases from time to time through open market purchases, privately negotiated transactions or other methods that comply with Rule 10b-18 under the Securities Exchange Act of 1934. Management will determine the timing, price and size of any buybacks based on stock price, general economic and market conditions and other considerations, and the company can limit, suspend, terminate, discontinue or extend the program at any time without prior notice.
Parks! America, Inc. operates three regional drive-through safari parks in Georgia, Missouri and Texas, focused on local, family-oriented entertainment. For Fiscal 2025, total revenue rose to $10.47 million, up 5.6% from Fiscal 2024, with park revenue of $10.28 million as the main driver and animal sales contributing a small portion. The Texas park delivered the strongest growth, helped by new pricing and marketing, while Georgia revenue was slightly lower due to adverse weather.
The company shifted from a net loss of $1.09 million in Fiscal 2024 to net income of $1.46 million in Fiscal 2025, aided by lower proxy-related costs and insurance recoveries. Adjusted EBITDA improved to $2.38 million. Operations are highly seasonal, with roughly two-thirds of park revenue generated in the third and fourth fiscal quarters, and results remain sensitive to weather, economic conditions, and animal- and guest-safety risks.