Company profile

Incorporated in
Fiscal year end
IRS number


14 Aug 19
24 Oct 19
30 Sep 20


Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 2.39M 1.76M 1.81M 2.52M
Net income 671.23K 180.7K 146.93K 423.29K
Diluted EPS 378.16 101.8 82.78 238.47
Net profit margin 28.12% 10.27% 8.10% 16.83%
Operating income 843.15K 257.74K 207.96K 652.73K
Net change in cash 459.52K 188.26K 66.8K 379.38K
Cash on hand 4.92M 4.46M 4.27M 4.2M
Cost of revenue 153.94K 109.83K 121.9K 152.61K
Annual (USD) Sep 18 Sep 17 Sep 16 Sep 15
Revenue 8.47M 8.21M 7.98M 7.64M
Net income 1.62M 1.09M 928.89K 961.32K
Diluted EPS 915.04 615.38 523.32 539.16
Net profit margin 19.18% 13.31% 11.64% 12.58%
Operating income 2.01M 1.99M 1.75M 1.83M
Net change in cash 1.39M 195.1K 380.86K 206.71K
Cash on hand 4.2M 2.81M 2.62M 2.24M
Cost of revenue 540.38K 509.81K 566.28K 564.87K

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 June 30, 2019, increased $88,794, or 4.5%, above the same period in 2018. Resort Income for the nine months ended June 30, 2019, increased $22,316, or 0.4%, above the same period ended June 30, 2018. This increase in the quarter ending June 30, 2019, is due primarily to the timing of Spring Break, an annual high occupancy period of two weeks, which this year was during the third quarter. The increase in Resort Operations Income for the nine-month period reflects increases in RV towing of $18,774, and RV Service of $17,574.  Site revenue year-to-date was down $7,279, mostly due to weather.  Management feels revenues reflect ongoing loyalty from return customers that appreciate the Resort’s location and commitment to quality guest services.
  • 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 ?
8th grade Avg
New words: compensation, disposal, gain, PY, reduction
Removed: march

Registration and prospectus

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