Record Revenue at American Place
American Place reported record revenue of $30.7 million, up 13% year-over-year, and record adjusted property EBITDA of $8.9 million, up 17%.
Chamonix Cost Reductions
Chamonix achieved significant cost reductions, with operating expenses $1.2 million lower than the first quarter of 2025, implying nearly $5 million of annual cost synergies.
Strong Growth Expectations
American Place is expected to grow EBITDA by 20% for the full year 2025, with July revenue expected to be up about 30%.
Chamonix's Positive Cash Flow
Chamonix is expected to be EBITDA positive in July, with positive cash flow anticipated for the third quarter.