BREAKING NEWS: The Magpies have announced a net statutory profit of $4.55 million for financial year, with total revenue from operating activities rising to $…..

In a major financial boost for the club, the Magpies have announced a net statutory profit of $4.55 million for the latest financial year—a result that underscores the strength of the organisation both on and off the field. The announcement comes alongside confirmation that total revenue from operating activities has climbed to $96 million, marking a significant rise driven by robust membership, commercial partnerships, and match-day performance.

According to the club, the strong revenue uplift reflects not only increased consumer engagement but also the success of strategic initiatives aimed at improving long-term sustainability. Expanded sponsorship deals, higher merchandise sales, and solid attendance figures are believed to have played key roles in driving financial growth.

Club executives hailed the result as evidence of disciplined management and ongoing investment in key programs. The profit figure, they emphasised, will support future commitments across football operations, community outreach, and facility upgrades.

The impressive financial performance arrives at an important moment for the Magpies, who continue to balance competitive expectations with broader organisational ambitions. With revenue nearing the $100 million mark, the club is positioning itself among the league’s most financially secure institutions.

In the coming months, the Magpies are expected to outline how the surplus will be allocated, with fans hopeful the windfall will translate into continued on-field success as well as strengthened pathways for emerging talent.

For now, however, today’s announcement stands as a clear statement: the Magpies are not only competitive on the ground—they’re soaring financially as well.