Retail/rental revenue soared 130% to $24,275,000 in the final fiscal quarter ended July 31, against just $10,538,000 last year when many resorts were closed. Retail cost of sales was up 36% to 10,558,000 from 7,757,000. This quarter is seasonally slow for the winter sports focused resorts, though many have warm weather outdoor activities such as golf and mountain biking, both of which have seen participation jump in the past year. Overall, net loss contracted to $144,942,000 from a loss of $157,965,000 for the quarter, as revenues more than doubled to $204,202,000 from $77,209,000.

For the full fiscal year, retail/rental revenues fell ... Log in to view full article.