AIK Fotboll (AIK) Q4 2024 earnings summary

Executive summary

• Men's team finished third in Allsvenskan, qualifying for UEFA Europa Conference League qualification and European play.

• Women's team secured a spot in OBOS Damallsvenskan 2025 after winning a playoff.

• Achieved record average attendance of 28,589, the highest ever in Allsvenskan and Swedish league history.

• Record season ticket sales for 2025, totaling 37.3 MSEK post-period.

• Club implemented a cost-reduction program and organizational restructuring to improve financial stability.

Financial highlights

• Full-year revenue increased to 290 MSEK from 240 MSEK year-over-year, driven by strong player sales and increased match/event income.

• Operating income improved to -6.8 MSEK from -28 MSEK year-over-year.

• Net income after tax was -4.2 MSEK, up from -21 MSEK year-over-year.

• Earnings per share improved to -0.19 SEK from -0.96 SEK year-over-year.

• Cash flow for the year was 8.9 MSEK, a turnaround from -25.9 MSEK in 2023.

Outlook and guidance

• Financial targets met: revenue above 250 MSEK, equity above 50 MSEK, and interest-bearing debt below 10% of assets.

• Liquidity deemed sufficient to finance ongoing operations, with cash and equivalents at 31.2 MSEK.

• Club expects further financial improvement in 2025, targeting increased profitability and stronger equity.

• Participation in European competition in 2025/2026 is anticipated to boost revenues.

• Continued focus on cost control and commercial revenue growth.