Canlan Ice Sport (CNLFF) Stock News

Canlan Sports (OTC: CNLFF) reported fiscal 2025 results for year ended December 31, 2025: total operating revenue $100.0M (+6.4% YoY) and operating earnings $15.7M (+14.3% YoY). Net earnings were $3.9M or $0.29 per share. Two special dividends totaling $1.00 per share were paid in 2025.

Balance sheet highlights include cash $14.1M, debt $42.2M, and shareholders' equity $36.0M at year end.

Canlan Sports (OTC: CNLFF) reported Q3 results for the quarter ended September 30, 2025: Q3 revenue $21.1M (+5.9% year-over-year) and nine-month revenue $72.6M (+6.8% YTD). Q3 operating loss narrowed to $0.4M from $0.7M a year earlier; nine-month operating earnings before interest, depreciation and taxes were $10.1M (+18.6% YOY). Q3 net loss was $2.47M (-$0.19/share); nine-month net earnings were $1.55M ($0.12/share). The company paid a $0.50 special dividend in August 2025 and declared a $0.03 quarterly dividend payable Jan 15, 2026. Cash fell to $14.6M and shareholders' equity to $41.3M as of Sept 30, 2025.

Canlan Sports (CNLFF) declared a special dividend of $0.50 per common share, payable on November 18, 2025 to shareholders of record at the close of business on October 31, 2025. This is the second special dividend in 2025 and, combined with the $0.50 special paid on August 15, 2025, results in a $1.00 per share return of capital to shareholders year-to-date. The Board described the payments as a way to return capital while preserving funds to grow the business. The special dividend is designated as an eligible dividend under the Income Tax Act (Canada), which may allow Canadian resident individuals to claim enhanced dividend tax credits.

Canlan Ice Sports Corp. (TSX: ICE) reported strong Q2 2025 financial results, with total operating revenue reaching $23.5 million, a 7.5% increase from Q2 2024. Operating earnings grew by 23.3% to $2.0 million. The company expanded its Game Deck™ at Canlan Sports York in April 2025, adding 16 arcade and redemption games.

For the first half of 2025, revenue increased 7.2% to $51.5 million, with net earnings of $4.0 million ($0.30 per share), up from $3.1 million in 2024. The Board declared a quarterly dividend of $0.03 per common share, payable on October 15, 2025.

Canlan Ice Sports Corp (TSX: ICE) has announced a special dividend of $0.50 per common share, demonstrating its commitment to shareholder value. The dividend will be paid on August 15, 2025, to shareholders of record as of July 31, 2025. Board Chair Victor D'Souza emphasized that this decision reflects confidence in the company's ability to fund growth and maintain its capital expenditure program. The dividend is designated as "eligible" under Canadian tax law, potentially offering enhanced tax credits for Canadian residents.

Canlan Ice Sports Corp. (TSX: ICE) held its Annual General Meeting of Shareholders on June 19, 2025, at ScotiaBarn in Burnaby, BC. The meeting saw strong shareholder participation with 10,343,857 shares represented, accounting for 77.56% of outstanding shares. All eight director nominees were successfully elected with overwhelming support, each receiving 99.99% or 100% of votes in favor. The directors elected include Frank D. Barker, Geoffrey J. Barker, Doug Brownridge, Connie Carras, Don Crowe, Victor D'Souza, Chris McMullen, and Joey St-Aubin. Details of other matters voted upon can be found in the Company's Management Information Circular dated May 15, 2025, available on sedarplus.ca.

Canlan Sports (CNLFF) reported strong Q1 2025 financial results with record revenue of $28.0 million, up 6.8% year-over-year. The company achieved operating earnings of $8.5 million, an 11.3% increase, and maintained net earnings of $4.2 million ($0.32 per share). Growth was driven by increased participation in leagues, party bookings, and sports simulators, with food and beverage sales rising 10%. The company continues its quarterly dividend policy, declaring $0.03 per common share payable on July 15, 2025. Canlan is investing in facility improvements, including roof remediation, equipment replacements for energy efficiency, and technology upgrades to enhance user experience.

Canlan Ice Sports Corp (TSX: ICE) reported strong financial results for 2024, with total operating revenue reaching $94.0 million, a 9.2% increase from 2023. The company's net earnings rose significantly to $2.8 million ($0.21 per share) from $0.4 million ($0.03 per share) in 2023.

Food and beverage revenue grew by 9.8%, while operating earnings jumped 45.4% to $13.7 million. The company invested $3.4 million in capital projects, including new golf/sports simulators and facility renovations. The board approved a quarterly dividend of $0.03 per common share, payable on April 15, 2025.

Fourth quarter performance showed strong momentum with operating revenue of $26.0 million, up 5.8% year-over-year, and net earnings of $2.4 million ($0.18 per share) compared to $40,000 in Q4 2023.

Canlan Ice Sports Corp. (TSX: ICE) has announced the formation of the She Plays Hockey Committee, an advisory initiative aimed at increasing girls' and women's participation in hockey. The committee comprises seven experienced stakeholders, including Olympic champion Emily Clark and Molson Coors Canada President Chantalle Butler.

The committee will assess the current state of female hockey at Canlan facilities and provide recommendations for growing participation across Canada. To support this initiative, Canlan has appointed Candace Kourounis as Girls and Women Hockey Specialist & Manager.

The advisory committee includes diverse expertise from sports, business, and academia, featuring representatives from organizations such as SheIS Sports Network, Simon Fraser University, Maple Leaf Sports & Entertainment Partnership, and the Ontario Hockey Federation.