Apex Trader Funding - News
TWC Enterprises Limited Announces First Quarter 2024 Results and Eligible Dividend
KING CITY, Ontario, April 25, 2024 (GLOBE NEWSWIRE) --
Consolidated Financial Highlights (unaudited)
(in thousands of dollars except per shareamounts)
Three months ended
March 31,2024
March 31,2023
Net loss
(701)
(8,051)
Basic and diluted loss per share
(0.03)
(0.33)
Operating Data
Three months ended
March 31,2024
March 31,2023
Canadian Full Privilege Golf Members
14,960
15,034
Championship rounds – Canada
-
-
18-hole equivalent championship golf courses – Canada
35.5
35.5
18-hole equivalent managed championship golf courses – Canada
3.5
2.0
Championship rounds – U.S.
90,000
111,000
18-hole equivalent championship golf courses – U.S.
6.5
8.0
The following is an analysis of net loss:
For the three months ended
(thousands of Canadian dollars)
March 31, 2024
March 31, 2023
Operating revenue
$
65,346
$
26,510
Direct operating expenses(1)
60,889
21,139
Net operating income(1)
4,457
5,371
Amortization of membership fees
959
976
Depreciation and amortization
(3,515
)
(3,462
)
Interest, net and investment income
2,785
2,080
Other items
(4,601
)
(13,748
)
Income taxes