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Canlan Ice Sports Sees Revenue Growth Amid Facility Expansion

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Canlan Ice Sports Sees Revenue Growth Amid Facility Expansion

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Canlan Ice Sports ( (TSE:ICE) ) just unveiled an update.

Canlan Ice Sports Corp. reported a 7.5% increase in Q2 2025 operating revenue to $23.5 million, driven by higher tournament registrations, increased league participation, and the expansion of its Game Deck with new arcade games. Despite a net loss of $0.2 million for the quarter, the company saw a significant improvement from the previous year’s loss, reflecting successful strategic investments in facility enhancements and customer engagement initiatives.

Spark’s Take on TSE:ICE Stock

According to Spark, TipRanks’ AI Analyst, TSE:ICE is a Outperform.

Canlan Ice Sports’ overall stock score is driven by strong financial performance and positive corporate events, including a special dividend and record Q1 revenue. While technical indicators show a cautiously optimistic trend, valuation metrics suggest moderate attractiveness. The absence of earnings call data limits insights into future guidance.

To see Spark’s full report on TSE:ICE stock, click here.

More about Canlan Ice Sports

Canlan Ice Sports Corp. operates in the recreational facilities industry, focusing on ice rink and recreational facility management. The company offers a variety of services including ice sports leagues, tournaments, and facility rentals, with a market focus on enhancing customer experiences through facility upgrades and expansions.

Average Trading Volume: 3,267

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$53.61M

For detailed information about ICE stock, go to TipRanks’ Stock Analysis page.

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