Brisbane Broncos Limited (ASX:BBL) Releases 2025 Half-Year Forecast
Financial Performance
Brisbane Broncos Limited expects a net profit before tax of approximately $8.69 million for the half-year ended 30 June 2025, up from $6.30 million in 2024. Earnings before interest, tax, and depreciation are projected at $8.72 million compared to $6.32 million the previous year.
Operational Highlights
The first half of 2025 saw eight NRL home games at Suncorp Stadium, an increase from seven in the prior period. Average crowds were 40,968, slightly down from 41,175 in June 2024. The additional game contributed to revenue growth through increased gate receipts and associated benefits for members, fans, corporate partners, and sponsors.
Revenue and Expenditure
Revenue growth was driven by increased membership, ticketing, corporate sales, and game day activities. Sponsorship and merchandise trading revenues also rose due to new partnerships and enhanced marketing efforts. Operating costs increased due to additional stadium operations, marketing, sponsorship servicing, and football operations, including player salaries and investment in academy programs.
Future Outlook
The full-year financial result is projected to rise compared to the prior period, though exact predictions are uncertain due to varying numbers of home games and other factors. Key considerations include home crowd attendance, operational costs, team performance, and unforeseen expenses such as player medical costs.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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