07:54 AM EDT, 08/13/2025 (MT Newswires) -- Canlan Ice Sports ( CNLFF ) , a provider of recreational and multi-sport facilities across North America, on Wednesday reported a narrowed net loss in the second quarter.

For the three-months ended June 30, net loss declined to about $0.2 million or $0.01 per share, compared with $1.18 million or $0.09 per share, a year earlier.

Total operating revenue for the quarter increased to $23.5 million compared with $21.8 million, a year-ago. The company cited the rise in revenue to increased pricing, higher tournament registrations, and increased participation in spring/summer hockey and soccer leagues, and "incremental" revenue from the sports simulator bays, Game Deck, constructed in Q3 2024, and amusement games that were added in April 2025.

Canlan also declared a quarterly dividend of $0.03 per common share, unchanged from the prior quarter, to be paid on October 15, to shareholders of record at the close of business September 30.

In April 2025, Canlan Sports York opened its expanded Game Deck that now incorporates 16 arcade and redemption games in addition to the sports simulator bays that were completed in 2024. The company said various other major renovation and maintenance projects also started during the quarter.

Shares of the company closed up 4.4% to $4.02 on Tuesday on the Toronto Stock Exchange.