Netball Australia has announced strong game attendance and new commercial partnerships delivered an operating surplus in 2023.
It was the second consecutive surplus recorded by Netball Australia as it continues to strengthen its financial position and grow the game.
The 2023 financial results were presented to Member Organisation Presidents and CEOs at tonight’s Annual General Meeting.
Netball Australia CEO Stacey West said the strong positive momentum has continued in 2024, with record attendances at Suncorp Super Netball games and significant audience increases on Kayo Sports, Foxtel Go and Foxtel Now.
“The sport has stabilised and is now growing on all fronts as fans and commercial and government partners seek deeper engagement with the sport,’’ Ms West said.
“The sport is building a strong position for long-term success and continued growth. We are committed to ensuring the sustainability of netball for future generations.”
Netball Australia reports that there was a 41% uplift in club members to 31,310 with 4 clubs achieving record membership in 2023.
The 2023 financial results revealed Netball Australia delivered a surplus of $235,657.
Revenue was up 15 per cent year on year to $44.67 million and debt remained at $4.2 million.
Ms West said the increasing number of companies seeking to partner with Netball Australia reinforced the growing interest in netball. Governments across Australia were also engaged with the game, highlighting its appeal to all Australians.
Participation in the game continues to grow to almost 1.2 million, while the Origin Australian Diamonds conquered the world to win the Netball World Cup in South Africa and all tournaments contested throughout the year – the Netball Quad Series, Constellation Cup and the South Africa Series.
More at Netball Australia
The 2023 Netball Australia Annual Report is here.
