Smart Parking Limited (SPZ.AX)

Smart Parking Limited, together with its subsidiaries, engages in the design, development, and management of parking management solutions in New Zealand, Australia, Denmark, Germany, and the United Kingdom. It operates through Parking Management, Technology, and Research and Development segments. The company provides parking management services for cars using automatic number plate recognition (ANPR) camera systems. It offers SmartCloud, a cloud-based car parking management platform that gathers and processes information; Compliance Management System, an app and online management platform designed for the manual patrol and processing of urban car parking footprints; mobile patrol services for guiding and informing customers about parking related information; pay and walk machines for parking payment or number plate validation; and Vehicle Detection Sensors, which indicates the usage of individual car park bays. The company was formerly known as Car Parking Technologies Limited and changed its name to Smart Parking Limited in July 2013. The company is based in Port Melbourne, Australia.