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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
AFC AJAX
AFC AJAX (AJAX) investor relations material
AFC AJAX H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary25 Sep, 2026
Executive summary
Achieved net profit of €2.0 million for 2025/2026, reversing a €37.3 million loss from the prior year, driven by improved transfer results and operational performance despite financial setbacks.
Men's team finished 32nd in UEFA Champions League League Phase and 5th in Eredivisie, qualifying for UEFA Conference League play-offs.
Women's team secured 2nd place in Eredivisie and qualified for UEFA Women's Champions League qualifiers.
Financial highlights
Net revenue increased by €10.2 million (+6%) to €188.3 million, mainly due to higher European competition premiums.
Operating expenses rose by €9.0 million (+5%) to €206.5 million, attributed to higher football salaries and one-off costs such as compensation for a suspended match and coach dismissal.
Operating result improved by €1.2 million to €18.2 million negative year-over-year.
Transfer result was €65.5 million, with a net positive transfer result of €26.7 million after amortization, a €57.7 million improvement year-over-year.
Earnings per share improved to €0.11 from a loss of €2.04 per share.
Outlook and guidance
Participation in the UEFA Conference League in 2026/2027 is expected to pressure revenue compared to the previous year’s Champions League participation.
Positive transfer results from recent player sales are anticipated to contribute to 2026/2027 results, but outcomes remain dependent on sporting performance, transfer activity, and ongoing cost control.
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Latest events from AFC AJAX
Next AFC AJAX earnings date
H1 202722 Feb, 2027
AFC AJAX
Next AFC AJAX earnings date
H1 202722 Feb, 2027
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Frequently asked questions
AFC Ajax NV is a prominent football club based in the Netherlands. The company, more commonly known as Ajax, owns and operates the Ajax football team which competes primarily in Dutch football. Besides its core activity in football, Ajax also manages a stadium and a youth academy, which are significant parts of its operations. The club's revenue sources include sponsoring, merchandising, television, and internet rights, along with ticket sales, all contributing to its financial operations. AFC Ajax NV is headquartered in Amsterdam, the Netherlands, and its shares are listed on the Euronext Amsterdam.