
The Essendon Football Club is pleased to announce an operating profit of $0.41 million for the year ending October 31 2024.
The club has consolidated on the significant changes made in the past two years and have returned to a position of profitability compared to an operating loss of ($0.58) million in the prior year. The healthy profit was driven by an 8.2% increase in revenue, which grew to $78.9 million.
The club also reported a cash profit before depreciation and amortisation of $4.82 million.
The club has no bank borrowings and continues to hold a strong balance sheet, with net assets of $51.12 million.
From the Report


More – https://www.essendonfc.com.au/news/1698934/essendon-football-club-2024-financial-result
Annual Report – https://resources.essendonfc.com.au/aflc-ess/document/2024/11/27/c815641b-787c-460e-97e6-f9dc5de642b0/2024-EFC-Annual-Report-vFINAL.pdf