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Parkwheels
  1. Parkwheels

Parkwheels-logoParkwheels-logo
Parkwheels

Parkwheels - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
Ovunque Innovations Private Limited
Private
Ovunque Innovations Private Limited
2015
2015

Founded in 2015, Parkwheels operates in Travel Tech industry. Initially concentrating on alleviating parking challenges in urban areas, the company has expanded its services to include an automated pa...

Funding stage:

Seed

Last funding:

19/09/2018

Total funding:

$211.71K+

Revenue:

₹57.0 Lakh+ (FY23)

Investors

Employee count:

40

Last 90d

40

Last 90d

Glassdoor Rating:

Parkwheels: Financial Breakdown

Decoding financial health metrics of Parkwheels

  • total_revenue_logo
    Total Revenue
    ₹57.0 Lakh
    -29%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹63.0 Lakh
    -25%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-5.0 Lakh
    -67%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹77.0 Lakh
    13%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -0.1%
    -150%

    Prev. FY

Note: Above mentioned stats are for FY22-23

FAQs on Financials of Parkwheels

No. In FY23, Parkwheels reported a net loss of ₹5.0 Lakh, so it was not profitable.

Parkwheels's revenue declined 28.7% year-on-year, from ₹80.0 Lakh in FY22 to ₹57.0 Lakh in FY23.

Parkwheels's estimated EBITDA for FY23 was ₹-5.0 Lakh, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY23, Parkwheels posted revenue of ₹57.0 Lakh (down 28.7% YoY) and a net loss of ₹5.0 Lakh. Explore the full financials of Parkwheels here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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