DRUNF - Dream Unlimited Corp. (DRUNF) Q1 2024 Earnings Call Transcript
2024-05-15 15:32:01 ET
Dream Unlimited Corp. (DRUNF)
Q1 2024 Results Conference Call
May 15, 2024 01:00 PM ET
Company Participants
Michael Cooper - CRO
Meaghan Peloso - CFO
Conference Call Participants
Mark Rothschild - Canaccord Genuity
Sam Damiani - TD Cowen
Presentation
Operator
Good afternoon, ladies and gentlemen. Welcome to the Dream Unlimited Corp First Quarter Conference Call for Wednesday, May 15, 2024. During this call, management of Dream Unlimited Corp may make statements containing forward-looking information within the meaning of applicable securities legislation. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dream Unlimited Corp's control that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. Additional information about these assumptions and risks and uncertainties is contained in Dream Unlimited Corp's filings with securities regulators, including its latest annual information form and MD&A. These filings are also available on Dream Unlimited Corp's Web site at www.dream.ca. Later in the presentation, we will have a question-and-answer session [Operator Instructions]. Your host for today will be Mr. Michael Cooper, CRO of Dream Unlimited Corp. Mr. Cooper, please go ahead.
Michael Cooper
Thank you operator. And good afternoon, everyone. Today, I'm here with Meaghan Peloso, who is the CFO of Dream Unlimited. Meaghan took over the role 45 days ago. We've got a great start to getting our plans in effect. For the purpose of this call, Meaghan and I are very focused on how we can communicate what's happening in the business in a clear way despite the requirements of the audit and financial statements. So we are using the supplementary information package. I think we are going to make some changes to it going forward and make it even easier. But a lot has been changing in Dream. And the way I think about it is, there are three main businesses, the three main drivers are Western Canada activities, development activities, income properties, which is growing and our asset management business, which is growing. But those three areas, they are effectively 90% of the whole business. And I'm going to go through some detail in Western Canada and a little bit about our income properties, but for the most part in a little bit. But I think we are seeing a surprising amount of strength in Western Canada, not just for this year but a lot of things that we're seeing happening is going to be great for future years to come....
Dream Unlimited Corp. (DRUNF) Q1 2024 Earnings Call Transcript