The Essendon Football Club has announced an underlying profit from operations, before NEC Hangar grants and donations, of $1.3m for the financial year ending October 31, 2022, an increase from $1.2m in 2021.
The club was able to achieve a strong result with thanks to the club’s record number of 86,000 loyal members and significant commercial partnerships.
With footy back to largely normal operations in 2022 for the men’s competition and Essendon’s inaugural season in the AFLW, the club was able to grow its operational revenue to $69.1m.
Essendon President Dave Barham thanked all members, supporters and partners for their loyalty during its 150th year.
To read the 2022 Annual Report, please click here.
Essendon have announced a comprehensive profit of 2.25m for 2022, on revenue of 69.1m.
Membership and Gate revenue rose froim 16m to over 20m, marketing revenue rose from 11.8 to 15.7m.https://t.co/5QEweaAJsg pic.twitter.com/KkPIRUcA5k
— sportsindustry (@footyindustryAU) November 23, 2022
