Ebbsfleet post £2.8million loss for year ending May 2024
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The 5th Searcher
- Posts: 804
- Joined: Wed Sep 01, 2021 9:08 am
Re: Ebbsfleet post £2.8million loss for year ending May 2024
Absolute madness, how can they still be operating? Losing over 40k per week, now let that sink in. 
Re: Ebbsfleet post £2.8million loss for year ending May 2024
Perhaps they have re-branded the Kufflink a four-star hotel and are claiming all their personnel to be immigrants.
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Undercover Elephant
- Posts: 246
- Joined: Mon Sep 13, 2021 5:29 pm
Re: Ebbsfleet post £2.8million loss for year ending May 2024
Annual Reported Losses
• 2018 (year ending May 2018): Pre-tax loss of approximately £2.62 million .
• 2019 (year ending May 2019): Pre-tax loss of approximately £2.66 million .
• 2020 (year ending May 2020): Loss before tax of about £1.68 million .
• 2021 (year ending May 2021): Loss around £1.3 million .
• 2022 (year ending May 2022): Loss before taxation of about £1.79 million .
• 2023 (year ending May 2023): Loss of approximately £1.93 million  .
• 2024 (year ending May 2024): Loss of £2.84 million .
The club’s own statement in mid-2025 indicates “overall losses” of £22.8 million, which presumably reflect the cumulative total over a broader period—possibly including amounts beyond just these annual figures .
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Estimated Cumulative Loss (2018–2024)
Adding up the annual figures from 2018 to 2024 gives:
£2.62m + £2.66m + £1.68m + £1.30m + £1.79m + £1.93m + £2.84m ≈ £14.8 million
This aligns with partial coverage over those seven seasons. The gap between this estimate and the club’s cited total of £22.8 million likely includes losses from years not reported in the sources (e.g. 2014–2017), as well as accounting nuances like depreciation, interest, and perhaps other off-balance-sheet obligations.
Season (Year End)
Approx. Loss (£ million)
2018
2.62
2019
2.66
2020
1.68
2021
1.30
2022
1.79
2023
1.93
2024
2.84
Total (2018–2024)
~£14.8 million
Club’s cumulative figure
£22.8 million
Final Take
• The documented losses from 2018 through 2024 sum to around £14.8 million.
• According to the club’s latest commentary, the total losses amount to £22.8 million, which suggests there are additional figures not captured in our annual breakdown (likely earlier years and/or other inclusions) .
• 2018 (year ending May 2018): Pre-tax loss of approximately £2.62 million .
• 2019 (year ending May 2019): Pre-tax loss of approximately £2.66 million .
• 2020 (year ending May 2020): Loss before tax of about £1.68 million .
• 2021 (year ending May 2021): Loss around £1.3 million .
• 2022 (year ending May 2022): Loss before taxation of about £1.79 million .
• 2023 (year ending May 2023): Loss of approximately £1.93 million  .
• 2024 (year ending May 2024): Loss of £2.84 million .
The club’s own statement in mid-2025 indicates “overall losses” of £22.8 million, which presumably reflect the cumulative total over a broader period—possibly including amounts beyond just these annual figures .
⸻
Estimated Cumulative Loss (2018–2024)
Adding up the annual figures from 2018 to 2024 gives:
£2.62m + £2.66m + £1.68m + £1.30m + £1.79m + £1.93m + £2.84m ≈ £14.8 million
This aligns with partial coverage over those seven seasons. The gap between this estimate and the club’s cited total of £22.8 million likely includes losses from years not reported in the sources (e.g. 2014–2017), as well as accounting nuances like depreciation, interest, and perhaps other off-balance-sheet obligations.
Season (Year End)
Approx. Loss (£ million)
2018
2.62
2019
2.66
2020
1.68
2021
1.30
2022
1.79
2023
1.93
2024
2.84
Total (2018–2024)
~£14.8 million
Club’s cumulative figure
£22.8 million
Final Take
• The documented losses from 2018 through 2024 sum to around £14.8 million.
• According to the club’s latest commentary, the total losses amount to £22.8 million, which suggests there are additional figures not captured in our annual breakdown (likely earlier years and/or other inclusions) .