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Last C$3.45 CAD
Change Today 0.00 / 0.00%
Volume 0.0
ICE On Other Exchanges
As of 4:10 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

canlan ice sports corp (ICE) Snapshot

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52 Week High
03/26/15 - C$3.48
52 Week Low
06/26/14 - C$2.36
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Current Stock Chart for CANLAN ICE SPORTS CORP (ICE)

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canlan ice sports corp (ICE) Details

Canlan Ice Sports Corp. is engaged in the acquisition, development, and operation of recreational facilities in North America. The company rents ice or field-time on a contract basis; operates sports stores that sell hockey, skating, and soccer equipment and apparel, as well as restaurants and lounges; and organizes and operates hockey tournaments for youth and adult players. It is also engaged in sponsorship and advertising; the rental of interior and exterior space to third parties; and the provision of management and consulting services. In addition, the company offers skating and soccer programs; and operates youth leagues. As of December 31, 2013, it owned and/or managed 18 facilities in Canada and the United States containing 55 full sized ice sheets; and 4 indoor turf fields, 2 ball hockey courts, 3 indoor volleyball courts, and 4 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 founded in 1956 and is headquartered in Burnaby, Canada. Canlan Ice Sports Corp. is a subsidiary of Bartrac Investments Ltd.

1,100 Employees
Last Reported Date: 03/25/15
Founded in 1956

canlan ice sports corp (ICE) Top Compensated Officers

Chief Executive Officer, President and Non In...
Total Annual Compensation: C$257.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: C$232.0K
Senior Vice President of Operations
Total Annual Compensation: C$161.0K
Vice President of Finance, Controller and Rec...
Total Annual Compensation: C$161.0K
Vice President of Sales, Marketing & Service
Total Annual Compensation: C$149.0K
Compensation as of Fiscal Year 2013.

canlan ice sports corp (ICE) Key Developments

Canlan Ice Sports Corp. Declares Quarterly Dividend, Payable on April 17, 2015

Canlan's Board of Directors has approved the continuation of the company's quarterly dividend policy and declared eligible dividends totaling $0.02 per common share that will next be paid on April 17, 2015 to shareholders of record at the close of business April 2, 2015.

Canlan Ice Sports Corp. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2014

Canlan Ice Sports Corp. reported its financial results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported revenue of $21,888,000 against $20,959,000 a year ago. EBITDA was $4,950,000 or $0.37 per share against $5,502,000 or $0.41 per share a year ago. Net earnings were $1,715,000 or $0.13 per share against $2,437,000 or $0.18 per share a year ago. Main drivers of the increase in revenue are incremental registrations from ASHL and soccer leagues, and higher sponsorship revenue. For the full year, the company reported revenue of $75,732,000 against $72,791,000 a year ago. EBITDA was $11,084,000 or $0.83 per share against $9,788,000 or $0.73 per share a year ago. Net earnings were $896,000 or $0.07 per share against $1,096,000 or $0.08 per share a year ago. Same store revenue increased by $3.5 million or 4.8%. A portion of this overall revenue growth resulted from ice inventory returning to full capacity in 2014 as three facilities were at partial capacity during the summer of 2013 due to major renovation projects. Main drivers of the increase in revenue are adult and youth hockey leagues, instructional programs and ice/field rentals. Increased volume in internal programs and third party contracts also resulted in increased traffic through food & beverage operations.

Canlan Agrees to Purchase the Lake Barrington Field House Sports Complex in Lake Barrington, Illinois

Canlan Ice Sports Corp. announced it is expanding its portfolio with the acquisition of the Lake Barrington Field House; a 175,000 square foot indoor sports complex located in the northwest suburbs of Chicago. The transaction is scheduled to close on or before January 31, 2015. The Lake Barrington Fieldhouse was constructed in 2008 and sits on a 10-acre site. The facility includes an 85,000 square foot full FIFA indoor 'field turf' field, lined for soccer, football, lacrosse and baseball and has a running/walking track around the perimeter of the field. The field has the flexibility to transition into two baseball infields or up to three separate turf fields. It can also accommodate indoor football, complete with end-zone goal posts. Two double gymnasiums with a total of 40,000 square feet of solid maple 'floating' floor accommodates four full sized basketball or eight volleyball courts. The facility also features a food and beverage concession, strength & conditioning area and retail/commercial tenant spaces.


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