Sector: Consumer Cyclicals | Industry: Casinos & Gaming |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1100 Canterbury Rd S SHAKOPEE MN 55379-1867 |
Tel: | 1-952-4966433 |
Website: | https://www.canterburypark.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Canterbury Park Holding Corporation is the holding company for and parent company of two subsidiaries, Canterbury Park Entertainment LLC (Canterbury Entertainment) and Canterbury Development (Canterbury Development) and Canterbury Park Concessions, Inc. The Company has four segments: horse racing, Casino, food and beverage, and real estate development. The horse racing segment represents its pari-mutuel wagering operations on simulcast and live horse races. The Casino segment represents its unbanked card operations. The food and beverage segment includes concessions, catering and events and services provided at the Racetrack. The real estate development segment represents its real estate development operations. The Company conducts its horse racing, Casino, and food and beverage segments through Canterbury Entertainment. The Company conducts its real estate development segment through Canterbury Development. |
Financial Overview |
For the fiscal year ended 31 December 2023, Canterbury Park Holding Corp revenues decreased 8% to $61.4M. Net income increased 41% to $10.6M. Revenues reflect Horse Racing segment decrease of 25% to $13.2M, Food and Beverage segment decrease of 6% to $8.5M. Net income reflects Income (loss) from equity investment increase from $1.6M (expense) to $1.5M (income), Interest Income net increase from $910K to $2M (income). |
Employees: | 227 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $94.80M as of Dec 31, 2023 |
Annual revenue (TTM): | $61.44M as of Dec 31, 2023 |
EBITDA (TTM): | $8.31M as of Dec 31, 2023 |
Net annual income (TTM): | $10.56M as of Dec 31, 2023 |
Free cash flow (TTM): | $2.24M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 4,982,870 as of Apr 11, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |