Brøndbyernes IF Fodbold (BIF) H1 24/25 earnings summary

Executive summary

• Men's team finished fifth in Superliga, six points from first; advanced to domestic cup semifinals.

• Women's team ended autumn third in Kvindeligaen, reached cup quarterfinals, and became fully professional.

• Net revenue rose to 141.5m DKK from 126.0m DKK year-over-year, mainly from matchday and UEFA income.

• Result before tax was a loss of -56.4m DKK (2023: +24.1m DKK), impacted by higher personnel costs and lower transfer income.

Financial highlights

• Net revenue increased 12.3% year-over-year to 141.5m DKK, driven by merchandise, F&B, and partner income.

• Total costs including depreciation rose 13.7% to 175.2m DKK, mainly due to higher personnel expenses.

• Transfer activities resulted in a net loss of -17.2m DKK (2023: +50.1m DKK), reflecting a strategic retention of key players.

• Cash flow from operations was -41.8m DKK (2023: -17.9m DKK); cash at period end was 2.6m DKK.

• Equity fell to 98.6m DKK from 215.3m DKK, due to the negative result and emission costs.

Outlook and guidance

• Full-year pre-tax loss expected between -100m DKK and -60m DKK, reflecting continued investment in squad and missed European qualification.

• Strategic focus remains on title contention and European participation, with guidance subject to significant uncertainty.