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Smart Parking Limited ABN 45 119 327 169 Financial Results Appendix 4D Half - year Report 31 December 2020 Results for announcement to the market Dec 2020 Dec 2019 % change $ $ Revenue from ordinary activities Down 27 % 10,183,780 13,974,378 Profit / ( loss ) after tax attributable to members Up 405 % 4,502,374 ( 1,475,340 ) Net Profit / ( loss ) for the period attributable to Up 360 % 4,494,921 ( 1,731,819 ) members Dividends It is not proposed that Smart Parking Limited pay a dividend . For personal use only Net Tangible Asset Backing Dec 2020 Dec 2019 Net tangible asset backing per ordinary security 4.65 cents 4.46 cents Other explanatory notes The above results are affected by some significant non - recurring , non - operating items . Adjusted EBITDA excludes the effects of non - recurring and non - operating items , and was $ 1.4m , decreasing by 14 % or $ 0.2m on H1 FY20 . In the Parking Management division , adjusted EBITDA for H1 FY20 was $ 2.8m , down 21 % on H1 FY20 . Parking Management revenue of $ 8.7m was down 25 % ( H1 FY20 : $ 11.5m ) , as the COVID - 19 global pandemic continued to cause volatility in trading results . The Company won and installed 85 new ANPR sites increasing sites under management to 576. The number of Parking Breach Notices issued decreased by 28 % compared to the prior corresponding period . However , the company experienced a strong recovery in H1 FY21 compared to H2 FY20 due to less severe restrictions on average than H2 FY20 which , combined with seasonality and the contribution from new installations , resulted in Parking Breach Notices increasing 40 % compared to H2 FY20 .