Parks! America, Inc.

What they do

Parks! America owns Wild Animal Safari, Inc. (Georgia), Wild Animal, Inc. (Missouri) and Aggieland-Parks, Inc. (Texas), operators of 500-acre, 255-acre and 450-acre safari parks in Pine Mountain, GA, Strafford, MO and near Bryan/College Station, TX. Each park is run by its own general manager and operates autonomously, with discrete financial results prepared for the CEO as chief operating decision maker. The three parks are reported as three separate segments, and the business is seasonal, with about 64.0% of fiscal 2025 park revenue earned in the third and fourth fiscal quarters.

Revenue drivers

• Georgia Park (Wild Animal Safari Pine Mountain) — Largest segment: $4.33M of the $7.89M consolidated revenue in the 39 weeks ended June 28, 2026, and $2.00M of the $3.50M in the third quarter alone; the park produced $1.46M of segment income in the 39-week period.
• Missouri Park (Wild Animal Safari Springfield) — $1.68M of revenue in the 39 weeks ended June 28, 2026, with segment income of $306,790; third-quarter revenue was $848,357 versus $656,191 in the prior-year quarter.
• Texas Park (Aggieland Safari) — $1.88M of revenue and $561,576 of segment income in the 39 weeks ended June 28, 2026; third-quarter revenue of $648,551 was down from $820,267 in the year-earlier quarter.
• Gate admissions and in-park spending — Parks make money from guests within roughly 100 miles who visit as families and groups; reported cost categories include animal food, merchandise and food sales, credit-card and other sales-processing fees, personnel, advertising and park/vehicle maintenance.

Recent performance

Third quarter fiscal 2026 revenue was $3,499,303 versus $3,475,920 a year earlier, with consolidated segment income of $1,426,892 (40.8% of revenue) versus $1,538,950 (44.3%). Georgia improved to $893,679 of segment income from $988,670, Missouri rose to $309,079 from $216,749, while Texas fell to $224,134 from $333,531. For the 39 weeks ended June 28, 2026, revenue was $7,889,048 and segment income was $2,328,943 (29.5% of revenue), with Georgia at $1,460,577, Texas at $561,576 and Missouri at $306,790. Fiscal 2025 revenue was $10.5M with net income of $1.5M and diluted EPS of $1.93, following a fiscal 2024 net loss of $1.1M and diluted EPS of $1.45 negative.

Strategy

The company describes itself as being in the business of acquiring, developing and operating local and regional entertainment assets and attractions in the United States, with the existing three parks managed autonomously under individual general managers. Capital and resource allocation decisions are made park by park by the CEO as chief operating decision maker, using discrete park-level financial information. In 2026 the company amended and restated its term loan with Cendera Bank on June 17, 2026 (labeled the Current 2025 Term Loan), and it has filed 8-Ks in June and September 2026 reporting entry into, and in one case termination of, material agreements as well as a direct financial obligation. Management also completed a 1-for-500 reverse stock split followed by a 5-for-1 forward split effective April 30, 2025.

Risks

• Weather and natural disasters — The company discloses that its Georgia park suffered extensive tornado damage during 2023, and that natural disasters or extreme weather could close parks or depress attendance for indefinite periods.
• Discretionary consumer spending — Admissions and in-park spending are discretionary, so weaker consumer spending can directly reduce attendance and per-guest revenue.
• Input and travel costs — The company specifically flags the price of animal feed and the price of gasoline as assumptions that could cause actual results to vary from forward-looking statements.
• Governance and shareholder contest — A 2023-2024 proxy contest by Focused Compounding led to a special meeting, a rights plan (which expired January 18, 2025), litigation that was dismissed by stipulation in June 2024, and a 2024 annual meeting at which stockholders elected four Focused Compounding nominees and three company nominees.

Outlook

The excerpts provided do not include specific forward revenue or earnings guidance. The company's stated forward-looking discussion is limited to risk factors including competition from other parks, inclement weather during the primary tourist season, animal feed prices and gasoline prices. Management hosted a conference call on Monday, August 10, 2026 at 4:30 PM ET to discuss third quarter fiscal 2026 results.