Parks! America Reports Net Loss of $487,064 for the Nine Months Ended July 2, 2023

Parks! America, Inc.(PRKA) and its subsidiaries have r eleased their consolidated financial statements for the three and nine months ending July 2, 2023, revealing a net loss of $487,064 for the nine-month period. The company's park revenues reached $6,476,656 during the same period.

Park Revenues Experience a Decline

Parks! America, Inc. witnessed a decline in park revenues for both the three and nine months ending July 2, 2023, compared to the corresponding periods in the previous year. The park revenues for the three-month period amounted to $2,801,512, down from $3,619,240 for the same period in 2022. Similarly, the nine-month park revenues stood at $6,476,656, a decrease from $7,645,743 in the previous year.

Net Loss Incurred