AIK Fotboll (AIK) Q4 2022 earnings summary

Executive summary

• Full-capacity crowds returned, setting a men’s Allsvenskan attendance record of 25,275 per match; the men finished fifth and the women were relegated to Elitettan.

• Stronger match, transfer and European competition income lifted revenue and kept the year profitable, despite a weaker underlying operating result excluding transfers.

Financial highlights

• Consolidated revenue was SEK 240.6m vs SEK 176.4m, up 36%; match and event revenue was SEK 67.3m vs SEK 33.6m, and UEFA income was SEK 25.8m vs zero.

• Player sales generated SEK 47.0m in net revenue vs SEK 33.8m; sponsorship and advertising revenue was SEK 40.2m vs SEK 39.3m.

• Consolidated operating income was SEK 16.7m vs SEK 14.5m; net income was SEK 12.8m vs SEK 14.0m, and EPS was SEK 0.58 vs SEK 0.64.

• Merchandise revenue reached SEK 25.7m vs SEK 19.5m; other operating income fell to SEK 3.4m from SEK 20.4m, including SEK 14.4m of prior-year event support.

Outlook and guidance

• The 2023 budget assumes a top-three Allsvenskan finish for the men and Elitettan participation for the women; financial targets were met at year-end.

• No qualification for 2023/24 UEFA competition was secured, creating a negative revenue and earnings comparison with 2022; winning the 2022/23 Swedish Cup remained a route to qualification.

• Season-ticket sales and partner agreements for the coming season were ahead of the prior-year pace, with season-ticket sales reaching a record start.

• Inflation may increase electricity, food and travel costs; a weaker krona may support transfer prices abroad while raising the cost of signing foreign players.