Transglobal Management Group, Inc. Reports Strong Year-End Performance by Wholly Owned Subsidiary Stand-By Golf
Globenewswire·2026-01-06 14:12

Core Insights - Transglobal Management Group, Inc. announced strong financial results for its subsidiary, Stand-By Golf, for the year ended December 31, 2025, highlighting a gross revenue of $1.3 million and a net profit of $300 thousand, with year-over-year increases of 10% and 22% respectively [3][4] Company Overview - Stand-By Golf has been operating for over 37 years and serves three major golf markets: Palm Springs, California; Phoenix/Scottsdale, Arizona; and Las Vegas, Nevada [2][5] - The company specializes in discounted tee-time access, offering savings of 20% to 60% on premium courses, with flexible booking options available [2][5] Financial Performance - For the year ended December 31, 2025, Stand-By Golf reported a gross revenue of $1.3 million, reflecting a 10% increase from the previous year [3] - The net profit for the same period was $300 thousand, which represents a 22% increase year-over-year [3] Strategic Outlook - The Chairman and CEO of TMGI expressed confidence in Stand-By Golf's performance post-acquisition, noting its long operating history and loyal customer base [4] - The company sees opportunities to enhance margins and expand its reach through operational efficiencies, technology integration, and targeted marketing initiatives [4] - Stand-By Golf is expected to play a crucial role in TMGI's strategy of building scalable businesses with recurring revenue characteristics [4]

Transglobal Management Group, Inc. Reports Strong Year-End Performance by Wholly Owned Subsidiary Stand-By Golf - Reportify