PARKD Launches MDSB x SlimDek 210® System, Signs National Supply Agreement
PARKD Limited has marked a strong finish to FY25 with the launch of innovative modular construction products and a national supply agreement, positioning itself for growth across Australia’s expanding infrastructure sectors.
- Launch of MDSB x SlimDek 210® and PARKD Instant Edge Protection System
- National supply agreement signed with Delta Corporation
- Audi Centre Myaree project nears completion showcasing PARKD’s system
- Expansion into data storage and multi-storey self-storage markets
- Q4 operating cash use of $116,000 with $675,000 cash on hand
Innovative Product Launches Drive Market Momentum
PARKD Limited closed the fourth quarter of FY25 with significant operational strides, unveiling two key products that promise to reshape modular construction practices. The MDSB (Metal Deck Support Bracket) combined with Fielders’ SlimDek 210® steel decking system was launched at a prominent trade exhibition in Perth, introducing a prefabricated flooring solution designed to enhance safety, reduce onsite labour, and accelerate build times. Complementing this, the PARKD Instant Edge Protection System (PIEPS) offers integrated safety technology, modular and ready for production, underscoring PARKD’s commitment to innovation in construction safety and efficiency.
Strategic National Supply Agreement Expands Reach
Further cementing its growth trajectory, PARKD secured a national supply agreement with Delta Corporation, a leading precast concrete supplier based in Western Australia. This partnership is pivotal, enabling PARKD to leverage Delta’s extensive network and supply chain efficiencies to scale the distribution of its modular solutions across Australia. The agreement aligns with the company’s strategy to capitalize on the growing demand for modular construction technologies nationwide.
Showcase Project Highlights System Performance
The Audi Centre project in Myaree stands as a testament to PARKD’s structural system capabilities. Now entering its final construction phases, the project highlights the adaptability and robustness of PARKD’s modular approach, which is gaining traction beyond traditional sectors. The system’s application across commercial, residential, industrial, and notably data storage and self-storage sectors, reflects its versatility and growing market acceptance.
Financial Position and Outlook
Financially, PARKD reported a net cash outflow from operating activities of $116,000 for the quarter, reflecting ongoing investments in product development and operational costs. The company ended the period with $675,000 in cash and cash equivalents, supported by vehicle financing arrangements. While the cash burn indicates continued investment, PARKD’s operational momentum and strategic partnerships suggest a solid foundation for future growth. The company’s focus on modular construction solutions positions it well to tap into Australia’s multi-billion dollar infrastructure pipeline.
Looking Ahead
With new products entering the market and a national supply framework established, PARKD is poised to deepen its penetration into emerging sectors like data storage and self-storage. The company’s ability to deliver prefabricated, safe, and efficient building solutions could redefine construction norms, offering investors a compelling growth story amid evolving industry demands.
Bottom Line?
PARKD’s Q4 progress sets the stage for scaling modular innovation, but market adoption rates will be key to watch.
Questions in the middle?
- How quickly will the MDSB x SlimDek 210® system gain commercial traction across Australia?
- What impact will the national supply agreement with Delta Corporation have on PARKD’s revenue growth?
- Can PARKD sustain its cash flow while expanding into new sectors like data storage and self-storage?