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On 23/11/2024 at 17:55, Dannyz said:

Literally the first paragraph of the annual statement article sent to members state the club is "proud to announce an operating profit of for the year ended 31 October 2024, marking the Club's fourth consecutive operating profit."

Where did you get loss from?

Edited by Katrina Dee Fan

  • Author
25 minutes ago, Katrina Dee Fan said:

Literally the first paragraph of the annual statement article sent to members state the club is "proud to announce an operating profit of for the year ended 31 October 2024, marking the Club's fourth consecutive operating profit."

Where did you get loss from?

From the financials.

An operating profit is very different to an reported profit. 

Edited by Dannyz

 
38 minutes ago, Dannyz said:

From the financials.

An operating profit is very different to an reported profit. 

This might help Katrina

 

Statutory Result                                                                       (1,605,505)

Less Facility Related Funding (net)                                          (750,000) 

Add back Net Legal Costs                                                         925,680

Add back Player contract settlement (including oncosts)     3,123,612

Operating Profit                                                                        1,693,787 

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