Pay / Appeal Parking Charge
Pay / Appeal Parking Charge

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.