---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-044565"
form_type: "8-K"
ticker: "PRKA"
cik: "0001297937"
company_name: "PARKS AMERICA, INC"
filed_at: "2023-12-12T23:59:59+00:00"
generated_at: "2026-06-07T14:00:56.935697+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Parks! America reports fiscal 2023 net loss of $483K; revenue down 12% on tornado impact

## Summary
- Fiscal 2023 total revenue $9.44M, down $1.30M from 2022; Q4 revenue $2.85M.
- Net loss of $0.01 per share vs. net income of $0.01 per share in prior year.
- EBITDA of $1.22M, down ~$950K; $1.0M lost park revenue from March tornado at Georgia Park.
- Working capital $3.69M, total debt $4.23M; debt-to-equity 0.28x.
- 2024 capital plan ~$1.4M funded internally; management expects park revenue at or above fiscal 2022.

## SEC filing metadata
- accession: 0001493152-23-044565
- form_type: 8-K
- ticker: PRKA
- cik: 0001297937
- company_name: PARKS AMERICA, INC
- filed_at: 2023-12-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297937/000149315223044565/0001493152-23-044565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297937/000149315223044565/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-044565
- JSON: https://secwatch.observer/filing/0001493152-23-044565.json
- Plain text: https://secwatch.observer/filing/0001493152-23-044565.txt

## Key facts
- Earnings Releases
  PARKS AMERICA, INC reported for the fiscal year ended October 1, 2023 results: revenue $9.44 million, net income net loss of $483,738, EPS $0.01 per basic share and per fully diluted share.
  - Period: for the fiscal year ended October 1, 2023
  - Revenue: $9.44 million
  - Net income: net loss of $483,738
  - EPS: $0.01 per basic share and per fully diluted share
  - Result: reported results
  source text: Georgia Park and expect to establish a revised timeline for this project during fiscal 2024. Fiscal 2023 Highlights Total revenues for the fiscal year ended October 1, 2023 were $9.44 million, a decrease of $1.30 million, compared to the fiscal year ended October 2, 2022. Our park revenues decreased by $1.34 million or 12.6%, and animal sales increased by $34,457.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297937/000149315223044565/0001493152-23-044565-index.htm

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