Revenue by Segment

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Canadian Golf Club Operations		156.58M	151.47M	152.60M	132.91M	113.67M
Canadian Golf Club Operations Growth		3.38%	-0.74%	14.81%	16.92%	-21.95%
US Golf Club Operations		24.08M	24.41M	22.38M	18.94M	18.13M
US Golf Club Operations Growth		-1.33%	9.04%	18.19%	4.46%	-21.69%
Corporate and Other		65.44M	54.59M	15.83M	26.57M	-
Corporate and Other Growth		19.86%	244.96%	-40.44%	-	-
Total		246.10M	230.47M	190.81M	178.42M	131.80M
Total Growth		6.78%	20.79%	6.94%	35.37%	-21.91%

Source: S&P Global Market Intelligence.