Company profile

Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
952990441

Calendar

15 May 20
6 Jul 20
30 Sep 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 1.65M 1.82M 2.55M 2.39M
Net income 102.88K 121.65K 479.37K 671.23K
Diluted EPS 57.96 68.54 270.07 378.16
Net profit margin 6.24% 6.69% 18.82% 28.12%
Operating income 150.18K 178.69K 711.12K 843.15K
Net change in cash 146.66K -89.72K 159.02K 459.52K
Cash on hand 5.13M 4.99M 5.08M 4.92M
Cost of revenue 105.01K 123.01K 145.51K 153.94K
Annual (USD) Sep 19 Sep 18 Sep 17 Sep 16
Revenue 8.51M 8.47M 8.21M 7.98M
Net income 1.48M 1.62M 1.09M 928.89K
Diluted EPS 832.81 915.04 615.38 523.32
Net profit margin 17.38% 19.18% 13.31% 11.64%
Operating income 2.02M 2.01M 1.99M 1.75M
Net change in cash 873.59K 1.39M 195.1K 380.86K
Cash on hand 5.08M 4.2M 2.81M 2.62M
Cost of revenue 531.18K 540.38K 509.81K 566.28K

Financial data from company earnings reports

Financial report summary

?
Management Discussion
  • The Company develops its income from two sources: (a) Resort Operations, consisting of revenues generated from RV site rentals, from RV storage space operations, and from lease revenues from laundry and arcade operations by third party lessees; and (b) Retail Operations, consisting of revenues from General Store operations and from RV parts and service operations.
  • Income from resort operations for the three-month period ended March 31, 2020, decreased $107,934, or 7.1%, below the same period in 2020. This decrease in income reflects an $86,242, or 8.5%, decrease in site revenue, and a decrease of $18,334, or 3.9%, in RV storage and spotting activity. This decrease in revenue reflects the direct impact of the COVID-19 crisis the last half of March.  Resort Operations Income for the six-months ended March 31, 2020, decreased $120,895, or 3.9%, from the same period ended March 31, 2019. This decrease is due primarily to a decrease of $112,062, or 5.3%, in site rental revenue, which was primarily due to COVID-19 and weather
  • Seasonal fluctuations within this industry are expected, and management projects that income for the fourth quarter will be approximately 40% of its annual revenue. This approximation is based on historical information.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
7th grade Avg
New words: ACCOUNRTING, Additionally, began, canceling, cancelled, close, closed, closing, closure, countywide, Declaration, declared, EMPLOYEE, Governor, half, health, Home, initial, Initially, Loan, local, modified, occupied, open, Organization, outbreak, pandemic, printing, Protection, quantify, RETIREMENT, Shelter, SIGNFICANT, spread, SUMMARY, temporarily, threat, World
Removed: growth, identify

Registration and prospectus

No filings