Operates a golf and conference resort offering lodging, dining, golf and recreation services to meeting groups, leisure travelers and members.
10-K for FY2025, filed Jun 18, 2026
Guests and groups pay for lodging, dining, retail, golf and other resort services as the products are delivered or services performed; members also pay dues, annual fees and initiation fees over membership periods.
10-K for FY2025, filed Jun 18, 2026Revenues are derived from a variety of sources including, but not limited to, hotel, food and beverage operations, retail sales, golf…View ↗
A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account under…View ↗
Revenues from performance obligations satisfied over time include membership dues, annual fees and initiation fees. The membership…View ↗
10-K for FY2025, filed Jun 18, 2026
FY2025 revenue by product or service ↗$46.5M
10-K for FY2025, filed Jun 18, 2026
$46.5M ↗| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Room revenues
Sold outright
10-K for FY2025, filed Jun 18, 2026 |
19%
FY2022: 20%
|
Room revenues, FY2025
$8.6M Sources
|
Sold outright |
|
Other revenues
Sold outright
10-K for FY2025, filed Jun 18, 2026 |
81%
FY2022: 80%
|
Other revenues, FY2025
$37.9M Sources
|
Sold outright |
Corporate meeting groups, leisure travelers and members use the resort's lodging, golf and meeting facilities. It markets through online channels, travel agents, wholesalers and representation firms, while registered securities brokers sell condominium accommodations.
10-K for FY2025, filed Jun 18, 2026The Resort is located in Palm Harbor, Florida and is a destination golf resort that appeals to group convention business and leisure…View ↗
The Resort provides condominium accommodations, four dining locations, room service, over 65,000 square feet of banquet and catering space…View ↗
The Resort’s accommodations are condominium units that are owned by third parties or us. These units are sold by registered securities…View ↗
Not on paper. It lost $2.1M in FY2025, but brought in more cash than it spent: $589.5K of free cash flow.
10-K for FY2025, filed Jun 18, 2026
−$2.6MView ↗
10-K for FY2025, filed Jun 18, 2026
−$2.1MView ↗
10-K for FY2025, filed Jun 18, 2026
$589.5KView ↗
More tailored room pricing
The latest report describes pricing that factors in room-type inventory groupings as well as seasonal demand; the older report described seasonal pricing by peak, shoulder and off-peak periods.
10-K for FY2022, filed May 5, 2023 10-K for FY2025, filed Jun 18, 2026The Florida resort industry is seasonal in nature and historically the Resort’s business levels are stronger in the winter and spring…View ↗
The Florida resort industry is seasonal in nature and historically the Resort’s business levels are stronger in the winter and spring…View ↗
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