Business
Dream Unlimited Corp. Reports First Quarter Results
This press release contains forward-looking information that is based upon assumptions and is sub...
About this update from Dream Unlimited Corp. Class A
[{"type":"text","content":"Dream Unlimited Corp. Reports First Quarter Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth14 { width: 14% }\n.bwwidth2 { width: 2% }\n.bwwidth3 { width: 3% }\n.bwwidth30 { width: 30% }\n.bwwidth64 { width: 64% }\n.bwwidth7 { width: 7% }\n \n\n\n\n\n This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. All amounts are in Canadian dollars.\n \n\n\n\n\n\n Dream Unlimited Corp. (TSX: DRM) (“Dream”, “the Company” or “we”)\n \n today announced its financial results for the three months ended March 31, 2025 (“first quarter”).\n \n\n “For the first time since 1997, Arapahoe Basin’s results are not included in our quarter as it was sold this past November,” said Michael Cooper, Chief Responsible Officer. “All of the ski hill’s annual profits were typically achieved in the first quarter, which benefitted our results for 27 years in what is traditionally a period of low earnings other than Arapahoe Basin. Without $10-$15 million of earnings from the ski area, our first quarter results will be relatively quiet even if they are as anticipated. Our results were largely in line with expectations, and we are on track to hit our earnings targets set out for the year. As we think about the Company today, over 80% of value is derived from our asset management division, Western Canada developments and our directly owned income properties. In the first quarter, our asset management business added in excess of $500 millio...