Canlan investor presentation may 2010
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Transcript of Canlan investor presentation may 2010
CANLAN ICE SPORTS CANLAN ICE SPORTS Investor PresentationInvestor PresentationJoey St-Aubin - President & CEOMike Gellard – CFOMay 2010
Forward Looking Statements
This presentation may contain forward-looking statements, which may be identified by words like "expects", "anticipates", "plans", "intends", "indicates" or similar expressions. These statements are not a guarantee of future performance and are inherently subject to risks and uncertainties. The Company's actual results could differ materially from those currently anticipated due to a number of factors set forth in reports and other documents filed by the Company with Canadian securities regulatory authorities from time to time.
Registrations growing
+4.5% Youth
+18% Female
+6.8% Adult
*Sources Hockey Canada Registrations 2008/09; Canlan Registrations 2008/09
Market Overview
Hockey is a growingsport in every major category
About Canlan
More than just
ice rentals
• Strong brand
• Successful programs
• 10 years of steady growth
• Geographic diversification
Successful Programs
2009 Metrics
• Generated $22.8 million, up 6% over 2008
• 17.4 million page views
• Hosted 47 events with 1,638 teams
• More than 18,200 participants
Adult Safe Hockey Network
Steady Financial Results
10+years of growth
• Profitable
• Strong balance sheet
Revenue(millions)
2009
$67.2
2008
$64.7
2007
$62.5
EBITA(millions)
2008
$10.9
2009
$11.2
2007
$10.2
Steady Performance
Earnings before taxes(millions)
2009
$3.3
2008
$2.1
2007
$1.6
Net Earnings(millions)
$2.7
20092008
$3.8
2007
$0.8
Steady Performance
Revenue(millions)
2010
$19.9
2009
$19.4
EBITA(millions)
2009
$4.7
2010
$5.0
Q1 Results
Earnings before taxes(millions)
2010
$2.8
2009
$3.0
Net Earnings(millions)
$2.0
20102009
$2.0
Q1 Results
Cash position(millions)
2010
$5.7
2009
$4.2
Interest bearing debt(millions)
$48.2
20102009
$51.8
Q1 Results
Reasons for Success
• High customer loyalty and retention• National coverage• High barriers to entry• Economies of scale• Experienced management team
1. Expansions• Vineland, New Jersey
• Fort Wayne, Indiana
2. Strengthened balance sheet3. Marketing agreement with Molson Coors
Canada4. Richmond Olympic Oval Satellite League
Recent Developments
1. Targeted expansion into U.S. markets2. Manage/Lease Acquisition model3. Sponsorship program with Molson-Coors4. Maximize utilization5. Energy management
Growth Strategy
• Largest owner/operator of recreational ice facilities
• 10 consecutive years of steady financial performance
• Growth driven by expansion, marketing and product development activities
Investment summary
Michael GellardChief Financial [email protected](604) 736-9152 ext 108
Questions
Market Facts
Ticker Symbol: ICERecent share price: $2.02*Common shares outstanding: ~13.3MMarket Capitalization: $26.6M52-Week Price Range: $1.10 - $2.10Fiscal Year-End December 31
* As of May 14, 2010
Canlan’s Facilities