FY26 Results Presentation
Released
Released
Announcement PDF
ASX Announcement
30 September 2026
FY26 Results Presentation
MELBOURNE, Australia – Parkway Corporate Limited (“Parkway” or the “Company”) (ASX: PWN,
FSE: 4IP) is pleased to announce FY26 Results as outlined in the 2026 Annual Report released today.
Concurrently with the release of the 2026 Annual Report, Parkway has released the attached FY26
Results Presentation, which will be presented during a live investor webinar scheduled for later today.
FY26 Results Investor Webinar
Parkway will be livestreaming the FY26 Results investor webinar.
Details of the FY26 Results Investor Webinar
Date: 11:00am AEST on Wednesday 30 September 2026.
Presenters: Bahay Ozcakmak (Group Managing Director & CEO)
Mike Hodgkinson (Group CFO & Co-Company Secretary)
Register: To register (registration will require registration at the Parkway Investor Hub), visit:
https://investorhub.pwnps.com/webinars/PnYjqr-fy26-results-investor-webinar-
parkway-corporate-asx-pwn
The release of this announcement has been approved by Parkway’s Group Managing Director & CEO,
Bahay Ozcakmak, on behalf of the board of directors of the Company.
ADDITIONAL INFORMATION
For further information or investor enquiries, please contact:
Bahay Ozcakmak General Enquiries
Group Managing Director & CEO 1300 7275929
solutions@pwnps.com 1300 PARKWAY
www.pwnps.com 30 SEPTEMBER 2026 | ASX ANNOUNCEMENT | 2
PARKWAY INVESTOR HUB
To stay up to date with the latest news, access additional investor related resources including research reports and
interact with Parkway by posting questions and feedback through a Q&A function, we encourage investors to sign-
up to the Parkway Investor Hub.
How to sign-up to the Parkway Investor Hub
1. navigate to https://investorhub.pwnps.com/welcome
2. follow the prompts to sign up for an Investor Hub account.
3. complete your account profile.
or Scan QR Code to visit the Parkway Investor Hub.
ABOUT PARKWAY CORPORATE LIMITED
Parkway is a leading Australian water & wastewater treatment and process technology company. Parkway is
focused on the commercialisation of a portfolio of innovative process technologies in key industrial markets, as
Parkway believes this is an important and effective strategy for addressing various global water related
sustainability challenges.
In recent years, Parkway has made significant investments in groundbreaking research and development (R&D)
related activities, including in the acquisition, development, validation and optimisation of a comprehensive portfolio
of cutting-edge industrial water treatment related process technologies.
In support of Parkway’s accelerated technology commercialisation strategy, Parkway primarily operates through
two strategically integrated capacities:
§ Industrial Operations business division is focused on the provision of conventional water and
wastewater treatment related products & services, including fabrication as well as project delivery related
services including installation, for a broad range of predominantly commercial, municipal and industrial
clients.
§ Process Technologies business division is primarily focused on innovative process technology related
R&D, including process screening, evaluation, optimisation and piloting, as well as a range of technology
commercialisation related activities.
Integrated Capabilities
Parkway has assembled a fully integrated inhouse project delivery capability, including for the innovative process
technologies being developed and commercialised by Parkway.
Additional information regarding Parkway, including an overview of the corporate structure of Parkway and the
companies in its corporate group, can be found at: www.pwnps.com
FORWARD-LOOKING STATEMENTS
This announcement may contain certain “forward-looking statements”. The words “continue”, “expect”, “forecast”,
“potential” and other similar expressions are intended to identify “forward-looking statements”. Indications of (and
any guidance on) future earnings, financial position, capex requirements and performance are also “forward-
looking statements”, as are statements regarding internal management estimates and assessments of market
outlook.
Where Parkway expresses or implies an expectation or belief as to future events or results, such expectation or
belief is expressed in good faith and believed to have a reasonable basis. However, “forward-looking statements”
are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors,
many of which are beyond the control of Parkway, its officers, employees, agents and advisors, that may cause
actual results to differ materially from those expressed or implied in such statements. There can be no assurance
that actual outcomes will not differ materially from these statements. There are usually differences between forecast
and actual results, because events and actual circumstances frequently do not occur as forecast and their
differences may be material.
Parkway does not undertake any obligation to publicly release any revisions to any "forward-looking statements"
to reflect events or circumstances after the date of this announcement, or to reflect the occurrence of unanticipated
events, except as may be required under the applicable securities laws.
30 September 2026
ASX: PWN | pwnps.com
Bahay Ozcakmak
Group Managing Director & CEO
Building a transformational
industrial water treatment
technology platform.
F Y 2 6 R E S U L T S P R E S E N T A T I O N
Delivering the next stage of growth.
Mike Hodgkinson
CFO & Co-Company Secretary
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
Disclaimer
Forward-Looking Statements
This presentation may contain forward-looking statements. The
words “continue”, “expect”, “forecast”, “potential” and other
similar expressions are intended to identify forward-looking
statements. Indications of, and guidance on, future earnings,
financial position, capex requirements, performance and
timelines are also forward-looking statements, as are
statements regarding internal management estimates and
assessments of market outlook.
Where the Company expresses or implies an expectation or
belief as to future events or results, such expectation or belief is
expressed in good faith and believed to have a reasonable basis.
However, forward-looking statements are not guarantees of
future performance and involve known and unknown risks,
uncertainties and other factors, many of which are beyond the
control of Parkway, its officers, employees, agents and advisors,
that may cause actual results to differ materially from those
expressed or implied in such statements. There can be no
assurance that actual outcomes will not differ materially from
these statements. There are usually differences between
forecast and actual results, because events and actual
circumstances frequently do not occur as forecast and their
differences may be material.
The Company does not undertake any obligation to release
publicly any revisions to any "forward-looking statements" to
reflect events or circumstances after the date of this
presentation, or to reflect the occurrence of unanticipated
events, except as may be required under the applicable
securities laws.
Completeness and Accuracy of Information
No representation or warranty is made as to the accuracy, completeness or correctness
of the information contained in this presentation. To the maximum extent permitted by
law, none of Parkway, its directors, employees or agents or any other person, accept any
liability for any loss arising from or in connection with this presentation including (without
limitation) any liability arising from fault or negligence, or make any representations or
warranties regarding, and take no responsibility for, any part of this publication and make
no representation or warranty, express or implied, as to the currency, accuracy, reliability,
or completeness of information in this announcement.
No Professional Advice
The information in this presentation does not take into account individual investment and
financial circumstances and is not intended in any way to influence a person dealing with
any securities in Parkway. This presentation does not include any financial, legal or
taxation advice. Any person intending to deal in Parkway securities is recommended to
obtain professional advice.
Additional Information
This presentation has been prepared by Parkway Corporate Limited (“Parkway” or the
“Company”)(ASX: PWN) and has been released on the ASX announcement platform and is
also available at the Company website:
www.pwnps.com
Additional information regarding the Company can also be found at the Company’s
website, or by contacting the Company at:
ir@pwnps.com
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
Outline
Additional information available at the Parkway Investor Hub:
https://investorhub.pwnps.com
Topics
§ Our Mission 04
§ FY26 – Delivering Results 05
§ FY26 – Financial Highlights 06
§ Industrial Operations (PPS) 07
§ Process Technologies (PPT) 08
§ QBMC – Development Roadmap 09
§ QBMC – Industrial Project Benchmarks 10
§ QBMC – Development Concept 11
§ Corporate Update 12
§ Additional Resources 13
§ Delivering the Next Stage of Growth 14
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
Our Mission
Building a transformational
industrial water treatment
technology platform.
“
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
FY26 – Delivering Results
Process Technologies
§ Progressing development of flagship QBMC project.
§ Partnered with Hitachi for brine concentration applications.
§ Various technology commercialisation related initiatives.
Industrial Operations
§ Delivering key SMP scope for major infrastructure project.
§ Proven capability in delivering large complex projects.
§ Collaborating with partners to expand operations.
Financial Results
§ Record financial performance in FY26.
§ Encouraging start to FY27 with strong Q1-FY27.
§ Strengthening core capabilities and building critical mass.
Parkway telehandler and operator performing SMP related construction activities for major water infrastructure project in Victoria.
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
FY26 – Financial Highlights
Record Performance
§ Achieved financial outlook provided at 2025 AGM.
§ Financial performance underpinned by strong revenue
growth across the group.
§ Robust underlying earnings driving group profitability.
§ Disciplined financial management supporting growth and
delivering strong cash conversion.
Key Metrics FY26 FY25 YoY%
§ Revenue $19.9m $15.1m +31%
§ Normalised EBITDA* $1.9m $2.0m -6%
§ Operating Cash Flow $1.7m $1.5m +16%
Outlook
§ Strong start to FY27 with near record revenue across group.
§ Broadening revenue base to drive sustainable growth.
§ Recent project awards including $2m+ dewatering project.
§ Growing project pipeline with major growth opportunities.
§ Progressing partnering and other strategic opportunities
including M&A to unlock next-stage of growth.
* - EBITDA is a non-GAAP measure. Parkway calculates this excluding non-recurring and non-operational items such as profit or loss on sale
of assets, impairments, redundancies and share-based compensation.
+31%
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
Industrial Operations (PPS)
Diverse Operations
§ Parkway continued to successfully deliver a range of major
water and wastewater related infrastructure projects.
Major Infrastructure
§ During FY26, as the primary structural, mechanical & piping
(SMP) contractor for one of the largest municipal resource
recovery projects under construction in Australia, Parkway
continued to deliver important wastewater infrastructure.
Strategic Capability
§ Parkway is increasingly recognised as a leading project
delivery partner, particularly for complex SMP scope.
§ These capabilities are highly relevant for progressing
Parkway’s own technology-based projects, including
development of the landmark QBMC project.
Outlook
§ Growing project pipeline and delivery partner collaborations.
§ Secured dewatering project for major mine rehabilitation
project, initial budget $2+ million. Scope for similar projects.
§ Strong start to FY27 with robust revenue achieved in Q1.
Key SMP scope for major resource recovery and reuse complex being successfully executed by Parkway.
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
Process Technologies (PPT)
Deep Technology Portfolio
§ Significant and ongoing R&D related activities continue to
underpin proprietary technology portfolio.
§ Invested ~$2.1 million in R&D related activities in FY26.
Queensland Collaboration
§ Forming product development related R&D collaboration
with a Queensland university and major water utility.
Go-to-Market
§ Ongoing collaboration with leading global OEMs based
on development of specialised equipment packages.
§ Strategic partnership with Hitachi, initially focused on
modular ultra-high brine concentration systems.
Commercialisation Portfolio
§ Immediate focus is development of QBS Brine
Management Complex (QBMC), commencing with:
§ Commercial Demonstration Project (CDP).
§ Shortlisted potential sites for QBMC-N hub.
§ Core process technology-stack has applications in acid
mine drainage (AMD), with project evaluations underway.
Ongoing process technology related research and development activities performed by Parkway.
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
QBMC – Development Roadmap
Major Milestones
§ Performed various engineering and feasibility studies.
§ On 20 August 2026 secured primary approvals including
key Environment Authority (EA) and Development
Application (DA) approval.
§ Released CSG Regulatory Framework Report highlighting
major regulatory obligations of CSG industry.
Current Priorities
§ Updating engineering studies to reflect approvals.
§ Ongoing Strategic Partnering (various MOUs in place) for:
§ Project execution
§ OEM
§ EPCM
§ Transport & logistics
§ Industrial customers
§ Liquid waste management services
§ Chemical offtake
§ Renewable energy supply and integration parter
§ Early site works, particularly access road planning.
§ Progress non-dilutive QBMC-CDP funding pathways.
QBS Brine Management Complex (QBMC) illustration highlighting indicative plant configuration.
Conceptual illustration of solar farm and energy storage (BESS) project planned by Crossroads Energy.
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
QBMC – Industrial Project Benchmarks
Geocycle
§ Operates industrial scale flammable and hazardous waste facility in Dandenong, Victoria.
§ Only major facility permitted to process certain regulated including flammable wastes.
§ Permanently diverts complex waste from landfills by co-processing in cement kilns.
§ Owned by Cement Australia, a JV between global leaders, Holcim and Heidelberg Materials.
Global Resource Recovery
§ Operates large industrial regulated waste processing and recycling facility based in Darwin.
§ Facility recycles glycol, amines and industrial chemicals from oil and gas industry waste.
§ Unique facility represents critical infrastructure, providing important sovereign capabilities.
§ Secured $55 million investment from the National Reconstruction Fund in September 2026.
Enviropacific Services
§ Operates the specialised SOLVE thermal desorption facility in Altona, Victoria.
§ Leading provider of regulated waste treatment services for PFAS-contaminated soil.
§ Innovative capability in providing industrial-scale thermal treatment of contaminated soil.
§ Acquired by Veolia in March 2026 for $220 million, providing immediate market leadership.
Implications for QBMC
§ Specialised regulated waste facilities are highly strategic and form critical infrastructure.
§ Strong funding options, with ownership often consolidated by dominant industry players.
§ Parkway has extensive industry experience and established relationships with key players.
§ The QBMC is the only facility permitted to process regulated waste brine into chemicals.
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
The only regulated waste facility in Australia permitted to process waste brines into chemical products.
Q B M C
QBS Brine Management Complex
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
Corporate Update
Strong Foundations
§ Successfully built a transformational industrial water
treatment technology platform.
§ Consistently disciplined, focused and highly strategic.
Board Changes
§ NED board changes announced on 10 August 2026.
§ Appointment of Ron Douglas as NED and chairman.
§ Appointment of Sylvia Tulloch as non-executive director.
§ New directors bring strong technology commercialisation
and major infrastructure project delivery experience.
Strategic Focus
§ Progress QBMC-CDP development roadmap.
§ Build scale across industrial and technology divisions.
Outlook
§ Growing project pipeline to underpin FY27 revenue.
§ Targeting key QBMC milestones before EOCY26.
§ Strategic update planned for 2026 AGM on 25 November. Key SMP scope for major resource recovery and reuse complex being successfully executed by Parkway.
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
Additional Resources
Group Capability Statement
§ Capability Statement
QBMC Project Approval
§ Project Approvals Announcement
§ CSG Regulatory Framework Review
Technology Partnership
§ Hitachi Collaboration
Corporate
§ Q4-FY26 Quarterly Report
§ 2025 AGM MD Presentation
Parkway Investor Hub
§ Investor Hub
Parkway Website
§ www.pwnps.com
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Parkway Corporate Limited (ASX:PWN) | FY26 RESULTS PRESENTATION | 30 September 2026
Building a transformational
industrial water treatment
technology platform.
Delivering the next stage of growth.
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