Microsoft PowerPoint - 2024 Annual Meeting SlidesV11

Fiscal Year to Date – 12/31/2023

Comments • Higher revenues from

FY24‐ 12/31/23 ‐ 9 Months

($ 000's)

Actuals

Budget

Variance

events, higher restaurant usage & golf guest fees

Revenue

$ 26,508

$ 25,294

$ 1,215

• $223K higher interest income • 13% average lower

Expenses

$ (25,871)

$ (24,887)

$ (985)

headcount offset by higher labor costs to keep and attract team members maintenance expenses and impact of inflation across all departments

Gross Operating Profit

$

637

$

407

$ 230

• Higher grounds

Depreciation

$

(2,813)

$ (2,813)

$

(1)

Net income/(Expense)

$

(2,176)

$ (2,406)

$ 230

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