The Geelong Football Club has announced a statutory net profit of $0.8 million for the 2023 financial year, from an operating profit before interest, amortisation and depreciation of $3.5 million.
The financial result was underpinned by the AFL Premiership success in 2022, strong attendances at home games both at GMHBA Stadium and at the MCG, record-breaking membership of 82,155 members and continued growth and success in the AFL womens program this season.
The Club continues to be debt free and has $6.2 million cash as at 31 October 2023. The Board and Executive continues to focus on strengthening the Club balance sheet to ensure the long-term sustainability of the Football Club. Proudly, the Club continues to have no direct revenue…
Read the full article at: https://www.geelongcats.com.au/news/1472290/geelong-2023-financial-result