Canlan Ice Sports Corp. (T:ICE)
Business Focus: Adventure Sports Facilities & Ski Resorts
| Sector: Consumer Cyclicals | Industry: Leisure & Recreation |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | 6501 Sprott St BURNABY BC V5B 3B8 |
| Tel: | N/A |
| Website: | www.canlanicesports.com |
| IR: | See website |
| Key People | ||
| W. Grant Ballantyne Independent Chairman of the Board | Shari Lichterman Vice President '€“ Eastern Operations | Joey St-Aubin President, Chief Executive Officer, Director |
| Ivan C. Wu Chief Financial Officer | Michael F. Gellard Executive Vice President | Mark Faubert Senior Vice President - Operations |
| Gregory Porcellato Vice President - Western Operations | Hailey Clark Vice President - Sales and Marketing and Innovation | Paul Dillon Vice President - Sales, Marketing and Service | Mark Reynolds Vice President - Human Resources |
| Business Overview |
| Canlan Ice Sports Corp. (Canlan) focuses on the development, lease, acquisition and operation of multi-purpose recreation and entertainment facilities. The Company's segment is ice rink and recreational facilities, which consists of Ice and field, Food and beverage, Sports store, Sponsorship, Space rental, Tournament operations, Management and consulting fees and Oothers. It operates primarily in the sports and recreation industry, with a focus on ice, turf and court sports. Within its segment,Its facilities for the adult hockey caters to both men and women operating under the adult safe hockey league (ASHL) brand. It owns and leases or manages a network of approximately 21 facilities in Canada and the United States with approximately 83 surfaces, including ice rinks and indoor soccer fields. Its Canlan Ice Sports offers a range of branded programs, which include youth 3 on 3, Canlan Classic Tournaments, Hockey Academy, Skating Academy, Canlan Sports Camps and others. |
| Financial Overview |
| For the fiscal year ended 31 December 2019, Canlan Ice Sports Corp revenues increased 1% to C$88.3M. Net income decreased 45% to C$2.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Repairs and maintenance increase of 32% to C$7.6M (expense), Selling and customer service increase of 12% to C$12.7M (expense). |
| Employees: | 1,100 as of Dec 31, 2014 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $91.72M as of Mar 31, 2020 |
| Annual revenue (TTM): | $88.34M as of Mar 31, 2020 |
| EBITDA (TTM): | $13.12M as of Mar 31, 2020 |
| Net annual income (TTM): | $2.45M as of Mar 31, 2020 |
| Free cash flow (TTM): | -$17.52M as of Mar 31, 2020 |
| Net Debt Last Fiscal Year: | $49.05M as of Mar 31, 2020 |
| Shares outstanding: | 13,337,448 as of Dec 31, 2019 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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