Smart Parking Limited · ASX:SPZ
Smart Parking — Investor Presentation (February 2026)
27 slides from Smart Parking's investor presentation, Feb 17, 2026
Slide 1: H1 FY26 Results
Smart Parking Limited (ASX:SPZ) H1 FY26 Results 17 February 2026 CEO Paul Gillespie smartparking.com 1
Slide 2: H1 FY26 Highlights - Record Results
H1 FY26 Highlights - Record Results 1,2 6 Revenue of $62.6m Adjusted EBITDA UNPATA of $6.5m up 2,3 up $15.6m up 96% * Compared to PCP 85% * Compared to PCP 163% * Compared to PCP 4 Peak Parking exceeding Adjusted free cash flow Cash of $15.3m up expectations, EPS accretion of of $10.4m5 up 89% * Com
Slide 3: Record H1 FY26 Results
Record H1 FY26 Results Delivering Record Results | CEO Observations Total Group Sites 1,9822 Disciplined execution of strategy delivers continued 1,938 growth. Revenue up 96%, Adjusted EBITDA up 85%, Basic EPS (UNPATA)1 up 121% and UNPATA1 up 163% on PCP. USA acquisition exceeding expectations, deli
Slide 4: Regional Review - H1 FY26
Regional Review - H1 FY26 | Leveraging core technology and capability in existing and new territories NEW UK NZ Germany Denmark USA H1 FY26 Growth Accelerating, Optimising Building Scale, Scaling Manual New ANPR Sites Results Yield Expanding Margin Positive EBITDA January 2026 Operations Acceleratin
Slide 5: Peak Parking - USA Investment Case Delivered
Peak Parking | USA Investment Case Delivered REVENUE ADJUSTED EBITDA AUD ($m)1 AUD ($m)1 Achieved earnout target and exceeded investment case. 6% On track to exceed 30% accretion, overachieving the 25% 13.5 accretion that was outlined in the Acquisition & Equity 12.7 Raising presentation. Integratio
Slide 6: H1 FY26 Business Update
H1 FY26 Business Update | Record results, expanding market opportunities to accelerate growth. FINANCIAL EXPANSION OUTLOOK Record results – Revenue 1,982 total sites (comprising 1,852 Positive outlook for profitable growth in FY26 - $62.6m1 up 96% on PCP, and ANPR sites and 130 USA sites) long-term
Slide 7: H1 FY26 Financial Update
H1 FY26 Financial Update
Slide 8: H1 FY26 Results
H1 FY26 Results | Adjusted EBITDA increase of 85% from PCP $m’s H1 FY26 H1 FY25 H1 FY26 vs H1 FY25 UNPATA2 of $6.5m, up 163% on PCP. Revenue (excluding interest revenue) 62.6 31.9 96% UNPATA is calculated as underlying net Cost of sales (28.1) (10.2) 175% profit after tax before the after-tax Gross
Slide 9: Revenue Growth
Revenue Growth | Revenue up 96% from increased sites under management and expansion into new territories and acquisitions Sustained organic growth delivering a 96% ($000s) increase, with significant runway ahead. Acquisition Organic Growth 56% Group average revenue per ticket up 44% from PCP largely
Slide 10: Positive Free Cash Flow
Positive Free Cash Flow Invested in growth and expansion in new territories whilst | Cash increases to $15.3m1 whilst funding growth investments increasing profitability and improving the year end cash balance. Cash Flow Waterfall ($m) Free cash flow of $10.4m2 Cash on hand of $15.3m as at 31 Decembe
Slide 11: Operating expense analysis
Operating expense analysis | Increased costs reflect scaling territories for growth and acquisition of Peak Parking ($000s) Acquisition Organic Growth 22% 1,791 408 18,916 Overheads include $2.7m from Peak 403 2,693 311 Parking (USA) acquired in February 2025. 13,310 Overheads include $1.8m from Sma
Slide 12: Strong Balance Sheet to Fund Growth Strategy
Strong Balance Sheet to Fund Growth Strategy Group Financial Position ($m) $15.3m of cash, which excludes $10.2m of $m’s Dec-25 Jun-25 cash held on behalf of customers – capital to fund growth strategies. Current assets 46.7 41.3 Non-current assets 86.3 90.8 Debt facilities established in November 2
Slide 13: Growth strategy – multiple drivers
Growth strategy – multiple drivers | Three key pillars for growth Organic growth New territories Acquisitions Growth in sites = growth in PBNs = revenue & profitability High incremental margin leveraging existing fixed Good pipeline of opportunities cost base Adding scale where SPZ has Investigating
Slide 14: H1 FY26 Growth Continuing With Traction in New Markets
H1 FY26 Growth Continuing With Traction in New Markets Long term site growth CAGR 28%. | ANPR Site growth of 19% from PCP, 1,852 global sites under management at 31 December 2025 Rate of new site additions is Growth target affirmed: 1,913 accelerating, with 200 gross ANPR 3,000 1,852 global ANPR sit
Slide 15: Strong Growth Underway
Strong Growth Underway | H1 FY26 record PBNs issued, up 9% vs PCP Continuing to expand and Parking Breach Notices Issued Revenue % by Country enhance sales and account 4% management capability to 22% H1 FY26 Average Quarterly PBNs 281,098 (up 9% on H1 FY25) capture market share across all operating
Slide 16: New Territory Growth Underway
New Territory Growth Underway | Successfully scaling new territories ANPR Sites Parking Breach Notices Issued PBN Revenue (000s) H1 FY26 new territory sites under management up 54% on PCP H1 FY26 new territory PBNs up 40% on PCP H1 FY26 new territory PBN revenue up 24% on PCP 173,287 4,011 1,115 51,
Slide 17: Proven Execution Strengths
Proven Execution Strengths | The SPZ model is transportable, scalable & capital light Sales Delivery Operational Excellence Technology Capital Deployment Regulatory Disciplined sales approach In-house operational teams SPZ's proprietary Capital light business model SPZ operates in a regulated delive
Slide 18: Growth Priorities – 3,000 Organic ANPR Site Target
Growth Priorities – 3,000 Organic ANPR Site Target Long-term organic site target of 3,000 sites under management by December 2028, reaffirmed. Long term strategy execution continuing with the highly accretive acquisition (>30%) of Texas based Peak Parking. The acquisition provides SPZ with access to
Slide 19: Supplementary Information
Supplementary Information
Slide 20: Smart Parking Ltd (ASX:SPZ)
Smart Parking Ltd (ASX:SPZ) A global company focused on delivering industry leading technology innovations and solutions within the parking industry Parking management services Provision of parking management solutions, predominantly servicing the retail sector, managing agents and land owners acros
Slide 21: Segment Reporting
Segment Reporting Revenue Adjusted EBITDA Adjusted EBITDA Margin H1 FY25 vs H1 FY25 vs ($000's) H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY26 H1 FY26 Parking Management 31,083 62,034 99.6% 7,996 14,324 79.1% 25.7% 23.1% Technology Division 2,554 3,060 19.8% 1,580 2,464 55.9% 61.9% 80.5% Re
Slide 22: Management Services – ANPR Estate Growth
Management Services – ANPR Estate Growth | 1,852 global ANPR sites under management at 31 December 2025 Growth target: 3,000 global ANPR sites under 200 Others (86) Others1 (76) management before UK (114) QLD2 (71) 1,852 December 2028 1,799 (147) 1,561 1,424 1,112 839 619 496 389 286 0 0 0 0 0 0 0 c
Slide 23: ANPR: How It Works
ANPR: How It Works Automatic number / license plate recognition (ANPR) is a reliable, cost effective off-street parking management solution. It is proven to serve a wide range of industries including supermarkets, retail, hotels, hospitals and leisure centres. Smart Parking’s ANPR solution ensures g
Slide 24: Smart Parking Technology - Smart Vision
Smart Parking Technology - Smart Vision The R&D team has continued to deliver further modules within Smart Vision, extending our detections across regions, as well as object detection, resulting in further positive outcomes for both customer and business. Provides a revolutionary way to improve vehi
Slide 25: Smart Parking Technology - Smart Parking App
Smart Parking Technology - Smart Parking App Expand our portfolio further by bringing consumer compliance offerings inhouse. Smart Parking continues to innovate in order to drive growth. The development of a new payment app was delivered, complementing our compliance product suites. Ability to offer
Slide 26: Smart Parking Technology - Smart Cloud Hub
Smart Parking Technology - Smart Cloud Hub HUB is a customer portal that lets land owners and Smart Parking customers see what’s really happening on their sites. Smart Parking continues to innovate in order to drive growth and efficiency. Our R&D team continue to deliver new products that will drive
Slide 27: Glossary Smart Parking legal disclaimer
Glossary Adjusted EBITDA – The Board assesses the underlying performance of the Group based on a measure of Adjusted EBITDA which takes into account costs incurred in the current period but which are non-operating and/or are not expected to occur in the future. EBITDA – Represents Earnings before in
Smart Parking — Investor Presentation (February 2026) on 6ix