---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-028816"
form_type: "8-K"
ticker: "PRKA"
cik: "0001297937"
company_name: "PARKS AMERICA, INC"
filed_at: "2023-08-15T23:59:59+00:00"
generated_at: "2026-06-11T09:15:09.878937+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Parks! America Q3 revenue down 22% to $2.85M; nine-month net loss $487K

## Summary
- Q3 total revenues $2.85M, down $794K (22.6%) YoY; park revenue fell 22.6% to $2.80M, with Georgia closed 12 days due to March tornado.
- Net income $512K ($0.01 per share) vs $719K; adjusted net income down $476K, largely due to lost revenues from tornado closure.
- Nine-month total revenues $6.59M, down $1.09M; net loss $487K vs net income $245K; adjusted net income down $540K.
- First five weeks of Q4: park revenues decline 5.5%; Georgia still 10% behind; Missouri up 8%, Texas up 3% despite heat.
- Management expects positive EBITDA for FY2023 but may report net loss; working capital $3.42M, debt $4.41M, debt/equity 0.29.

## SEC filing metadata
- accession: 0001493152-23-028816
- form_type: 8-K
- ticker: PRKA
- cik: 0001297937
- company_name: PARKS AMERICA, INC
- filed_at: 2023-08-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297937/000149315223028816/0001493152-23-028816-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297937/000149315223028816/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-028816
- JSON: https://secwatch.observer/filing/0001493152-23-028816.json
- Plain text: https://secwatch.observer/filing/0001493152-23-028816.txt

## Key facts
- Earnings Releases
  PARKS AMERICA, INC reported third fiscal quarter and nine months ended July 2, 2022 results: revenue Total revenues for the fiscal quarter ended July 2, 2023 were $2.85 million, net income The Company reported a net income of $512,035, or $0.01 per basic share and fully diluted share, for the fiscal quarter, EPS $0.01 per basic share and fully diluted share.
  - Period: third fiscal quarter and nine months ended July 2, 2022
  - Revenue: Total revenues for the fiscal quarter ended July 2, 2023 were $2.85 million
  - Net income: The Company reported a net income of $512,035, or $0.01 per basic share and fully diluted share, for the fiscal quarter
  - EPS: $0.01 per basic share and fully diluted share
  - Result: reported results
  source text: Parks! America, Inc. Reports Q3 and YTD Fiscal 2023 Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297937/000149315223028816/0001493152-23-028816-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.