Aureus Greenway Holdings Inc (NASDAQ: AGH)

Aureus Greenway Holdings Inc owns and operates two public golf country clubs in Florida that provide golf courses clubhouses food and beverage services aquatic driving ranges pro shops and ancillary amenities to residents and tourists.

The company earns revenue primarily from green fees charged per round of golf membership dues food and beverage sales equipment and facility rentals and fees from hosting private events such as weddings tournaments and corporate outings.

The company operates through the following segments golf recreation retail golf products and equipment and facilities rental membership dues food and beverage services and ancillary services and amenities.

• This segment includes daily green fee play golf cart rentals driving range access pro shop sales of golf apparel equipment and the rental of golf clubs and other facilities to customers.

• This segment consists of annual fees paid by members who receive unlimited golf rounds at both clubs and select discounts on green fees and food and beverage purchases.

• This segment covers the preparation and sale of meals snacks non alcoholic and alcoholic beverages at the clubhouse bars and restaurants as well as beverage carts on the courses during peak seasons.

• This segment comprises event space rentals for weddings banquets corporate meetings and other gatherings as well as fees for outside food service golf course usage for tournaments and related support services.

Aureus Greenway Holdings Inc competes in a fragmented golf industry that includes more than sixteen thousand clubs nationwide and over twelve hundred courses in Florida with key local rivals such as Royal St. Cloud Golf Links Ritz Carlton Orlando Grande Lakes Disney s Magnolia Golf Course Shingle Creek Golf Club Waldorf Astoria Golf Club Signia and Celebration Golf Club and maintains a competitive edge through its affordable green fees recent course upgrades and proximity to major Orlando attractions.

The company serves local residents tourists golfers of all skill levels members who pay annual dues and event clients including corporations non profit organizations and social clubs that use the clubhouses for weddings banquets meetings and other gatherings.