Canlan Ice Sports Corp.·Consumer Cyclical

Burnaby, British Columbia--(Newsfile Corp. - May 14, 2026) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation", "Canlan" or "Canlan Sports") today reported its financial results for the first quarter ended March 31, 2026. Overview of Q1 2026 Total operating revenue of $29.4 million increased by $1.4 million or 4.9% compared to a year ago; Operating earnings (see "Non-IFRS Financial Measure" above) of $8.7 million increased by $0.2 million or 2.4% compared to 2025; and Net earnings of $4.6 million or $0.34 per share compared to $4.2 million or $0.32 per share in 2025.

Burnaby, British Columbia--(Newsfile Corp. - March 24, 2026) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation", "Canlan" or "Canlan Sports") today reported its financial results for the year ended December 31, 2025. Overview of Year Ended December 31, 2025 Total operating revenue reached a milestone level of $100 million, increasing by $6 million or 6.4% compared to prior year; Net earnings of $3.9 million or $0.29 per share increased by 37.9% compared to $2.8 million or $0.21 per share in 2024; Food and beverage revenue increased by $1.1 million or 8.4% compared to 2024; Total operating earnings of $15.7 million increased by $2.0 million or 14.3% compared to 2024; and Two special dividend distributions were paid during the year totaling $1.00 per share.
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of multi-purpose recreation and entertainment facilities in North America. The company operates through six segments: Ice/Field Sales and Internal Programming, Restaurant and Lounge Operations, Retail Sports Store Operations, Sponsorship, Space Rental, and Management and Consulting Services. It rents ice or field-time on a contract basis and organizes leagues and tournaments, as well as provides lessons and youth camps; operates restaurants and concession outlets; and operates sports stores that sell hockey, skating, and soccer equipment and apparel. The company also engages in the rental of indoor and exterior space to third party tenants; and manages recreation facilities owned by third parties, as well as offers sponsorship and advertising services. As of December 31, 2021, it owned, leased, and managed 18 facilities in Canada and the United States with 49 ice sheets; 7 indoor turf fields; and 24 multi-sport hard courts and outdoor beach volleyball courts. The company was formerly known as Canlan Investment Corporation and changed its name to Canlan Ice Sports Corp. in 1999. The company was incorporated in 1956 and is headquartered in Burnaby, Canada. Canlan Ice Sports Corp. is a subsidiary of Bartrac Investments Ltd.
Consumer Cyclical
Leisure
1,000
2020-11-06
1.03