Company TWC Enterprises Limited

TWC

CA87310A1093

Leisure & Recreation

Delayed Toronto S.E. Other stock markets 11:25:08 2024-04-23 am EDT			5-day change	1st Jan Change
17.52 ^CAD	+3.36%		-1.79%	+6.50%

Mar. 04	North American Morning Briefing : Stock Futures -2-	DJ
Mar. 01	TWC Enterprises Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Business Summary

TWC Enterprises Limited is a Canada-based company engaged in golf club operations under the trademark ClubLink One Membership More Golf (ClubLink). The Company is the owner, operator and manager of golf clubs with 45.5, 18-hole equivalent championship and 2.5, 18-hole equivalent academy courses, at about 35 locations in two separate geographical regions, such as Ontario and Florida. Its segments include Golf Club Operations Segment and Corporate Operations Segment. Its golf clubs are organized in clusters that are located in densely populated metropolitan areas and resort destinations frequented by those who live and work in these areas. It also offers golfers in their region a variety of membership, daily fee, corporate event and resort opportunities. ClubLink also has annual membership programs, and the product offerings include Players Card and Players Club in the Ontario/Quebec region as well as the ClubLink Card in the Florida region.

Number of employees: 550

Sales per Business

CAD in Million	2022	Weight	2023	Weight	Delta
Canadian Golf Club 65.1 %	149	79.6 %	147	65.1 %	-0.98%
Corporate Operations and Other 24.2 %	16	8.5 %	55	24.2 %	+244.96%
US Golf Club 10.7 %	22	11.9 %	24	10.7 %	+9.21%

Sales per region

CAD in Million	2022	Weight	2023	Weight	Delta
Canada 65.1 %	149	79.6 %	147	65.1 %	-0.98%
Corporate Operations and Other 24.2 %	16	8.5 %	55	24.2 %	+244.96%
United States 10.7 %	22	11.9 %	24	10.7 %	+9.21%

Managers

Managers	Title	Age	Since
Rai Sahi CEO	Chief Executive Officer	77	97-10-22
Andrew Tamlin DFI	Director of Finance/CFO	-	15-02-16
John A. Finlayson COO	Chief Operating Officer	-	-
Donald W. Turple BRD	Director/Board Member	71	98-11-22
Jamie King SAM	Sales & Marketing	-	-
Brent Miller PRN	Corporate Officer/Principal	-	14-12-31

Members of the board

Members of the board	Title	Age	Since
Sam Pollock BRD	Director/Board Member	58	08-06-03
Fraser Reeve Berrill BRD	Director/Board Member	75	18-05-08
Rai Sahi CEO	Chief Executive Officer	77	97-10-22
Donald W. Turple BRD	Director/Board Member	71	98-11-22
Jack Winberg BRD	Director/Board Member	73	09-06-29
Patrick S. Brigham BRD	Director/Board Member	79	09-06-29
Paul D. Campbell BRD	Director/Board Member	76	10-05-19
Angela Sahi BRD	Director/Board Member	-	18-05-08

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	24,503,438	3,970,636 ( 16.20 %)	0	16.20 %

Shareholders

Name	Equities	%	Valuation
Rai Sahi 79.56 %	19,543,851	79.56 %	243 M $
Jack Winberg 2.338 %	574,351	2.338 %	7 M $
Patrick S. Brigham 1.238 %	304,059	1.238 %	4 M $
Canoe Financial LP 1.036 %	254,383	1.036 %	3 M $
Donald W. Turple 0.3407 %	83,703	0.3407 %	1 M $
Sionna Investment Managers, Inc. 0.1218 %	29,922	0.1218 %	372 230 $
Fraser Reeve Berrill 0.0620 %	15,226	0.0620 %	189 411 $
Paul D. Campbell 0.0473 %	11,616	0.0473 %	144 503 $