Parks! America Q1 net loss $421,940; attendance sales down 9.9% reported, 0.9% comparable 13-week

PARKS AMERICA, INC

Net loss of $421,940 ($0.01 per share) vs net income of $227,935 ($0.00) in prior-year quarter.
Reported attendance-based net sales $1.94M, down 9.9% ($213K); comparable 13-week basis down only 0.9% ($16,819).
Working capital $4.84M (down from $5.70M at Oct 2021); total debt $5.79M; debt-to-equity 0.41.
Fiscal 2022 plans include ~$3.0M capital investments across three parks; new giraffe exhibit and baby giraffe born at Georgia Park.
Higher compensation, advertising, and special event costs drove the net loss, partially offset by higher other income.

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