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Canlan Ice Sports Corp. is the largest private sector operator of recreational ice facilities in North America with 65 playing surfaces at 22 facilities in Canada and the United States. Through the ASHL, Canlan operates the largest adult recreational hockey league in North America with more than 55,000 players and offers a variety of other programs including youth leagues, hockey and figure skating schools and tournaments. Canlan Ice Sports Corp. is listed on the Toronto Stock Exchange under the symbol “ICE.”
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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