PARKS! AMERICA, INC.

Climate Impact & Sustainability Data (2023)

Long-term Goals:

Adjacent expansion and acquisition of additional local or regional entertainment assets.

Medium-term Goals:

Enhancement of the overall guest experience, streamlining and optimizing systems, operating standards and practices, and increasing per capita revenue.

Short-term Goals:

Further strategic rebuild of Georgia Park following the March 2023 weather event.

Extensive damage to Georgia Park caused by an EF-3 tornado and heavy rain in March 2023, resulting in a 20-day closure and significant revenue loss.
Highly inflationary period for building materials and a challenging labor market delaying a new giraffe exhibit at Georgia Park.
Competition from other parks and entertainment alternatives.
Supply chain disruptions impacting the ability to obtain gift shop merchandise.
Increased labor and employee benefit costs.
Potential for data breaches and non-compliance with data privacy regulations.

Rebuilding projects at Georgia Park following the tornado, partially funded by insurance proceeds.
Revised timeline for the new giraffe exhibit at Georgia Park.
Ongoing improvements to existing facilities and increased marketing efforts to attract visitors.
Prudent management of cash flow and capital investments.
Maintaining adequate liability insurance.
Implementing cybersecurity measures to protect customer data.