Business
PARKIN: Q4 2024 revenue surged 30% YoY, with strong growth in parking and enforcement segments
PARKIN: Q4 2024 revenue surged 30% YoY, with strong growth in parking and enforcement segments
About this update from Parkin Co. Pjsc
Q4 2024 saw revenue up 30% and EBITDA up 42% year-over-year, driven by higher parking utilisation and transaction volumes. FY 2025 guidance targets AED 520–550m in public parking revenue and AED 275–305m in fines revenue. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.