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Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in Canada and the United States. The company operates through six segments: Ice/Field Sales and Internal Programming, Food and Beverage, Sports Stores, Sponsorship, Space Rental, and Management Services. It offers rental of ice or field time, and interior and exterior space; and organizes leagues and tournaments, and lessons and youth camps. The company also operates retail sports stores that sell hockey, skating, and soccer equipment and apparel, as well as restaurants and concession outlets. Further, it provides sponsorship and advertising services; and manages recreation facilities owned by third parties. The company was formerly known as Canlan Investment Corporation and changed its name to Canlan Ice Sports Corp. in 1999. Canlan Ice Sports Corp. was incorporated in 1956 and is headquartered in Burnaby, Canada.
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Canlan Ice Sports Corp. owns and operates ice rinks and provides skating programs, facility rentals, concessions and arena-management services in Canada and abroad. Long-term growth may be supported by participation trends in youth and recreational hockey, tournament and rental demand, and wins in facility management or expansion, offering investors relatively predictable, fee-based revenues.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 5.12M | 3.04M | -0.73M | 5.13M | -2.55M |
| Net income | 3.86M | 2.80M | 0.43M | 4.73M | -1.09M |
| Selling general administrative | 57.26M | 43.45M | 41.62M | 41.77M | 29.29M |
| Selling and marketing expenses | - | 11.80M | 10.42M | 8.77M | 5.29M |
| Gross profit | 18.43M | 88.54M | 11.87M | 70.12M | 39.33M |
| Reconciled depreciation | 7.96M | 7.56M | 7.51M | 8.38M | 7.80M |
| Ebit | 7.69M | 6.10M | 2.06M | 2.47M | -1.96M |
| Ebitda | 15.65M | 13.66M | 9.57M | 10.85M | 5.84M |
| Depreciation and amortization | 7.96M | 7.56M | 7.51M | 8.38M | 7.80M |
| Operating income | 7.69M | 6.13M | 1.90M | 2.47M | -1.96M |
| Other operating expenses | 92.34M | 87.90M | 84.25M | 71.46M | 42.40M |
| Interest expense | 2.98M | 3.06M | 2.79M | 2.64M | 2.62M |
| Tax provision | 1.26M | 0.24M | -1.16M | 0.40M | -1.45M |
| Interest income | 0.40M | 3.10M | 0.59M | 1.77M | 0.04M |
| Net interest income | -2.58M | -2.42M | -2.19M | -2.43M | -2.58M |
| Income tax expense | 1.26M | 0.24M | -1.16M | 0.40M | -1.45M |
| Total revenue | 100.03M | 94.03M | 86.15M | 73.73M | 40.39M |
| Total operating expenses | 10.73M | 82.41M | 9.96M | 67.85M | 41.33M |
| Cost of revenue | 81.61M | 5.50M | 74.28M | 3.61M | 1.06M |
| Total other income expense net | -2.57M | -3.09M | -2.63M | 2.66M | -0.58M |
| Net income from continuing ops | 3.86M | 2.80M | 0.43M | 4.73M | -1.09M |
| Net income applicable to common shares | - | 2.80M | 0.43M | 4.73M | -1.09M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 119.78M | 130.50M | 122.00M | 121.71M | 116.61M |
| Other current assets | 1.59M | - | 1.26M | 1.47M | 1.29M |
| Total liab | 83.78M | 81.68M | 77.34M | 75.06M | 76.20M |
| Total stockholder equity | 36.00M | 48.82M | 44.66M | 46.65M | 40.42M |
| Other current liab | 23.87M | - | 8.44M | 7.45M | 6.47M |
| Common stock | 63.11M | - | 63.11M | 63.11M | 63.11M |
| Capital stock | 63.11M | 63.11M | 63.11M | 63.11M | 63.11M |
| Retained earnings | -31.70M | -20.63M | -21.83M | -20.66M | -24.99M |
| Other liab | - | - | - | - | 0.97M |
| Other assets | - | - | 0.00M | 3.04M | 2.72M |
| Cash | 14.11M | 21.18M | 19.03M | 18.53M | 12.03M |
| Cash and equivalents | - | - | - | 18.53M | 12.53M |
| Total current liabilities | 32.45M | 32.53M | 29.16M | 31.03M | 25.90M |
| Current deferred revenue | - | - | 14.43M | 14.08M | 12.03M |
| Net debt | 37.33M | 19.82M | 30.25M | 31.61M | 42.99M |
| Short term debt | 3.38M | - | 2.99M | 7.26M | 5.69M |
| Short long term debt | 2.17M | 2.04M | 2.04M | 1.75M | 4.44M |
| Short long term debt total | 51.43M | - | 49.27M | 50.14M | 55.02M |
| Other stockholder equity | 0.54M | - | 0.54M | 0.54M | 0.54M |
| Property plant equipment | - | - | - | 95.52M | 97.43M |
| Total current assets | 19.11M | 27.25M | 23.90M | 22.80M | 16.11M |
| Long term investments | - | - | 0.35M | 0.35M | 0.35M |
| Net tangible assets | - | - | - | - | 40.42M |
| Net receivables | 2.65M | 3.30M | 2.99M | 2.18M | 2.30M |
| Long term debt | 39.99M | 38.95M | 40.91M | 38.07M | 39.36M |
| Inventory | 0.76M | 0.64M | 0.62M | 0.61M | 0.49M |
| Accounts payable | 5.21M | 5.00M | 3.30M | 2.24M | 1.71M |
| Accumulated other comprehensive income | 4.05M | - | 2.83M | 3.66M | 1.76M |
| Non currrent assets other | 1.05M | 0.96M | 0.67M | 0.76M | 0.81M |
| Non current assets total | 100.68M | 103.25M | 98.10M | 98.92M | 100.51M |
| Capital lease obligations | 9.27M | 7.48M | 6.33M | 10.33M | 11.22M |
| Long term debt total | - | - | - | 42.88M | 49.33M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -7.10M | -4.62M | -3.40M | 6.65M |
| Change to liabilities | - | - | - | 3.19M | 6.34M |
| Total cashflows from investing activities | -4.55M | -7.10M | -4.62M | -3.40M | 6.65M |
| Net borrowings | 0.71M | -2.86M | -2.27M | - | -13.71M |
| Total cash from financing activities | -14.22M | -4.46M | -4.06M | -1.45M | -13.71M |
| Change to operating activities | - | - | - | -0.55M | 0.13M |
| Net income | 3.86M | 2.80M | 0.43M | 4.73M | -1.09M |
| Change in cash | -7.57M | 2.65M | 0.50M | 6.00M | 5.05M |
| Begin period cash flow | 21.68M | 19.03M | 18.53M | 12.53M | 7.48M |
| End period cash flow | 14.11M | 21.68M | 19.03M | 18.53M | 12.53M |
| Total cash from operating activities | 11.48M | 13.81M | 9.31M | 10.58M | 12.14M |
| Depreciation | 7.96M | 7.56M | 7.51M | 8.38M | 7.80M |
| Other cashflows from investing activities | 0.00M | -0.22M | 0.01M | 0.30M | -0.06M |
| Dividends paid | 14.94M | -1.60M | -1.60M | - | 0.00M |
| Change to inventory | -0.12M | -0.01M | -0.02M | -0.12M | 0.17M |
| Change to account receivables | 0.65M | -0.31M | -0.81M | 0.11M | 0.14M |
| Other cashflows from financing activities | -0.40M | -0.87M | -0.19M | 4.45M | 2.00M |
| Change to netincome | - | - | - | -5.66M | -1.77M |
| Capital expenditures | 4.31M | 6.88M | 4.24M | 3.66M | 0.53M |
| Change in working capital | -1.89M | 2.83M | 1.50M | 2.64M | 6.77M |
| Other non cash items | 1.90M | 1.65M | 1.35M | -4.98M | -1.94M |
| Free cash flow | 7.17M | 6.93M | 5.07M | 6.92M | 11.61M |
Sector: Consumer Cyclical Industry: Leisure
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ICE Canlan Ice Sports Corp. |
- -% |
4.21 | 14.46 | 25.64 | 0.54 | 1.56 | 0.93 | 5.81 |
| TOY Spin Master Corp |
0.37 1.77% |
21.30 | - | 9.91 | 0.89 | 1.12 | 0.82 | 35.52 |
| TWC TWC Enterprises Ltd |
0.01 0.04% |
26.00 | 10.02 | 10.02 | 2.55 | 0.91 | 1.83 | 7.11 |
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in Canada and the United States. The company operates through six segments: Ice/Field Sales and Internal Programming, Food and Beverage, Sports Stores, Sponsorship, Space Rental, and Management Services. It offers rental of ice or field time, and interior and exterior space; and organizes leagues and tournaments, and lessons and youth camps. The company also operates retail sports stores that sell hockey, skating, and soccer equipment and apparel, as well as restaurants and concession outlets. Further, it provides sponsorship and advertising services; and manages recreation facilities owned by third parties. The company was formerly known as Canlan Investment Corporation and changed its name to Canlan Ice Sports Corp. in 1999. Canlan Ice Sports Corp. was incorporated in 1956 and is headquartered in Burnaby, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Joey St-Aubin | Pres, CEO & Non-Independent Director | NA |
| Mr. Ivan C. Wu CPA, CA | CFO & Recording Sec. | NA |
| Mr. Mark Faubert | Sr. VP of Operations & COO | NA |
| Ms. Rita Price | VP of People & Chief Privacy Officer | NA |
| Mr. Michael F. Gellard CPA | Exec. VP | NA |
| Mr. Costa Klandianos | VP of Technology & Innovation | NA |
| Ms. S. Liana Guiry | VP of Sales, Marketing & Customer Experience | NA |
| Mr. Joey St-Aubin | President, CEO & Non-Independent Director | NA |
| Mr. Ivan C. Wu CPA, CA | CFO & Recording Secretary | NA |
| Ms. Rita Price | VP of People and Culture & Chief Privacy Officer | NA |
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