PEILCC Annual Report 2025

OPERATIONAL OVERVIEW The Prince Edward Island Liquor Control Commission’s Strategic Plan continued to guide activities through fiscal 2024-2025. Progress on strategic objectives is supported by annual business plans that set priorities for actions to meet objectives and timelines for their completion. The following is an overview of the performance in each of the four strategic objectives:

STRATEGIC TARGET • BUSINESS RESULTS

STRATEGIC TARGET To maximize net income within the policy guidelines established by the provincial government.

CORPORATE OBJECTIVES 1. Optimize return to government. 2. Grow revenue through effective planning and execution. 3. Continuously improve operational effectiveness and efficiency.

PERFORMANCE MEASURES

Actual 2023-2024

Target 2024-2025

Actual 2024-2025

% of Target 2024-2025

Target 2025-2026

Gross Receipts

$140,325,106

$142,323,000

$140,059,061

98.41%

$146,100,000

Gross Profit

$39,766,128

$40,292,300

$40,343,225

100.13%

$41,054,000

Operating Expenses

$19,073,915

$21,517,800

$20,263,669

94.17%

$21,770,000

Net Income

$24,196,320

$21,924,500

$23,540,576

107.37%

$22,659,000

Return To Government*

$48,780,067

$46,873,500

$48,481,000

103.43%

$48,270,400

Revenue Per Litre

$9.99

$10.41

$10.10

97.02%

$10.42

Spirits

$43.00

$44.10

$43.22

98.00%

$44.52

Beer (including draught)

$5.81

$6.14

$5.91

96.25%

$6.09

Wine

$18.82

$19.69

$19.15

97.26%

$19.72

Wine Coolers

$11.17

$11.20

$12.18

108.75%

$12.54

Spirit Coolers

$7.40

$7.37

$7.46

101.22%

$7.68

Operating Expenses as a % of Gross Receipts

13.59%

15.12%

14.47%

95.69%

14.90%

Shrinkage as a % of Gross Receipts

0.00%

0.01%

0.01%

100%

0.01%

Inventory Turnover**

Warehouse

62.7

70.0

61.6

N/A

70.0

Stores

28.2

30.0

28.2

N/A

30.0

* Inclusive of Net Income and health tax transfers to government ** Measured in days

12

PEILCC 2024-2025 Annual Report