FY24 AGM Presentation

Smart Parking are pleased to report that we have achieved our long term target of 1,500 ANPR sites under management by December 2024 and re-sets the long term organic target to 3,000 sites.

Highlights include:
  • Q1 FY25 growth continuing with traction in new markets.
  • Long term 1,500 ANPR site target achieved ahead of time due to enhanced sales capability and strong traction in new territories.
  • YTD ANPR site count:  UK: 1,180, New Zealand: 195, Germany: 71, Denmark: 12, Australia: 71.
  • Improving profitability growth in Germany and Denmark improving performance - profitability expected in CY25.
  • Site installation pipeline strong with further 30 installations complete and waiting to go live.
  • Good growth in PBN issuance across all territories.
  • UK PBN's increased 26,532 vs PCP, up 15%.
  • 57,287 PBN's issued in New Zealand and Germany - driven by new site additions.
  • PBN's issuance commenced in Denmark in June 2024 - new contracts with retails and hospitality driving estate growth.
  • Geographic mix of PBN's balancing as new territories increase share of total insurance.
FY24 AGM Presentation
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