United Leisure Posts Loss, Despite Revenue Hike

IRVINE —  United Leisure Corp., which owns and operates children’s summer day camps and indoor play centers, posted a loss for 1995, while revenue climbed 23%.

The company had a net loss of $644,183, or 5 cents a share, compared with net income of $533,080, or 8 cents a share, for 1994, which included an extraordinary gain of $98,613. Revenue increased to $3.2 million from $2.6 million.

For the fourth quarter, United Leisure lost $318,381, or 3 cents a share, while it earned $38,795 in the same period a year earlier. Revenue more than doubled, to $850,726 from $384,744.

The company said the loss for 1995 included the write-off of more than $300,000 in costs for opening Planet Kids locations in Laguna Niguel and Orange, Camp Frasier locations in Yorba Linda and San Diego, and Frasier’s Frontier in San Diego.