secwatch.observer — SEC 8-K summary
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Issuer:     PARKS AMERICA, INC (PRKA)
CIK:        0001297937
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001493152-23-004503
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parks! America Q1 net loss improves to $152,960 on lower expenses; revenue down 4.3%
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- Total net sales $1.86M, down 4.3% YoY; attendance-based net sales down 6.4% while animal sales up.
- Net loss of $153K improved from $422K loss in prior year; EBITDA swung to positive $92K from negative $288K.
- Q2 attendance-based net sales trending up nearly 20% for first six weeks.
- Working capital $4.36M, total debt $4.78M, debt-to-equity 0.31.
- 2023 capital plan includes enhanced lemur exhibit, new aviary, zebra pasture, and otter exhibit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1297937/000149315223004503/0001493152-23-004503-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1297937/000149315223004503/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-004503

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer