Canlan Ice Sports (ICE) AI Stock Analysis

• Market Cap: C$51.68M
• Dividend Yield: 3.1%
• Average Volume (3M): 543.00
• Price to Earnings (P/E): 18.7
• Beta (1Y): 0.21
• Revenue Growth: 9.07%
• EPS Growth: 124.97%
• Country: CA
• Employees: 1,000
• Sector: Consumer Cyclical
• Sector Strength: 63
• Industry: Leisure
• EPS (TTM): 0.32
• Shares Outstanding: 13,336,999
• 10 Day Avg. Volume: 1,470
• 30 Day Avg. Volume: 543
• PEG Ratio: 0.04
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: C$4.50 ▲(15.98%Upside)

The overall stock score of 71 reflects the company's strong financial performance and positive corporate events. Technical analysis indicates a bullish trend, while valuation metrics suggest the stock is fairly valued. Recent corporate events further reinforce the company's stable market position and growth potential.

Canlan Ice Sports Business Overview & Revenue Model

Company Description

Canlan Ice Sports Corp. (ICE) is a leading North American operator of multi-purpose recreational and entertainment facilities, specializing in ice sports. The company primarily focuses on developing and managing world-class ice rinks and sports complexes, catering to a wide range of activities including ice hockey, figure skating, and recreational skating. Canlan's facilities are designed to provide a comprehensive experience for sports enthusiasts of all ages and skill levels, offering services such as leagues, tournaments, and instructional programs.

How the Company Makes Money

Canlan Ice Sports generates revenue through several key streams. The primary source of income is the rental of ice time at its facilities, which is utilized by amateur and professional sports teams, leagues, and individual users. Additionally, the company earns significant revenue from organizing and hosting leagues and tournaments, which attract participants and spectators alike. Canlan also offers instructional programs and clinics, providing skill development opportunities that generate additional income. Ancillary services such as food and beverage sales, pro shop sales, and facility rentals for events and parties contribute to the company's revenue. Strategic partnerships with local sports organizations and community groups further enhance Canlan's market presence and revenue potential.

Canlan Ice Sports Financial Statement Overview

Summary

Canlan Ice Sports shows strong revenue growth and improved profitability, with high gross margins and effective cash flow management. However, operational efficiencies need attention as indicated by the lack of EBIT. The balance sheet reflects a stable financial structure with a balanced debt-equity mix. Overall, the company is in a solid financial position with opportunities for operational improvements.

Income Statement

The company demonstrated solid revenue growth, with total revenue rising from $86.15M to $94.04M, indicating a growth rate of 9%. Gross profit margin remains high at 94.15%, reflecting strong cost management. However, the absence of EBIT suggests potential challenges in operational efficiency. The net profit margin improved to 2.98%, showing a turnaround from previous losses.

Balance Sheet

The balance sheet is stable with a debt-to-equity ratio of 0.99, indicating balanced leverage. The equity ratio stands at 37.41%, which is reasonable, suggesting a stable capital structure. ROE is at 5.73%, reflecting moderate profitability on shareholder equity. Overall, the company maintains a healthy financial position with manageable debt levels.

Cash Flow

Operating cash flow increased significantly to $13.81M, and free cash flow improved to $6.93M, showing a positive cash generation trend. However, the free cash flow to net income ratio is 2.48, indicating a strong cash performance relative to net income. The company efficiently manages its cash flows, which is crucial for ongoing investments and debt servicing.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
94.03M	86.15M	73.73M	40.39M	39.26M
	Gross Profit
88.54M	11.87M	70.12M	39.33M	38.05M
	EBIT
0.00	1.90M	2.47M	-1.96M	-6.82M
	EBITDA
13.66M	9.57M	16.14M	7.88M	2.34M
	Net Income Common Stockholders
2.80M	435.00K	4.73M	-1.09M	-6.36M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
21.18M	19.03M	18.53M	12.03M	6.98M
	Total Assets
130.50M	122.00M	121.71M	116.61M	121.48M
	Total Debt
48.47M	49.27M	50.14M	55.02M	63.10M
	Net Debt
27.30M	30.25M	31.61M	42.99M	56.12M
	Total Liabilities
81.68M	77.34M	75.06M	76.20M	79.78M
	Stockholders Equity
48.82M	44.66M	46.65M	40.42M	41.71M
Cash Flow		Free Cash Flow
6.93M	5.07M	6.92M	11.61M	-10.24M
	Operating Cash Flow
13.81M	9.31M	10.58M	12.14M	-8.79M
	Investing Cash Flow
-7.10M	-4.62M	-3.40M	6.65M	3.48M
	Financing Cash Flow
-4.46M	-4.06M	-1.45M	-13.71M	-3.14M

Canlan Ice Sports Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.88
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ICE, the sentiment is Positive. The current price of 3.88 is above the 20-day moving average (MA) of 3.80, above the 50-day MA of 3.82, and below the 200-day MA of 3.88, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 53.33 is Neutral, neither overbought nor oversold. The STOCH value of 54.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ICE.

Canlan Ice Sports Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GH	76 Outperform	C$239.41M	11.92	17.99%	4.57%	-1.19%	-2.42%
TWC	73 Outperform	C$487.61M	11.57	7.70%	1.65%	-17.70%	39.37%
ICE	71 Outperform	C$51.68M	18.70	5.42%	3.10%	9.07%	124.97%
SXP	68 Neutral	C$97.01M	―	-10.60%	4.56%	-3.15%	-222.64%
Sector *	62 Neutral	$6.88B	11.32	2.95%	3.87%	2.70%	-24.57%

Canlan Ice Sports Corporate Events

Canlan Sports Achieves Record Q1 Revenue and Enhances Customer Experience

Canlan Sports reported a record Q1 revenue of $28.0 million, a 6.8% increase from the previous year, driven by higher participation in leagues and events, and a boost in food and beverage sales. The company is making significant strides in digital improvements and facility enhancements, including technology upgrades and energy-efficient projects, to improve customer interaction and operational efficiency, positioning itself strongly in the market.

Canlan Sports Achieves Record Revenue and Profit Growth in 2024

Canlan Sports reported record revenue and strong profit growth for the year ending December 31, 2024, with total operating revenue reaching $94.0 million, a 9.2% increase from the previous year. The company attributed this growth to strategic initiatives, particularly in food and beverage operations, and significant capital projects aimed at enhancing customer experiences. These projects included new golf/sports simulators, sports bar renovations, and new turf fields. Canlan’s investments in infrastructure and technology are expected to drive long-term growth and stability, benefiting shareholders and positioning the company for sustained success.