Hibs Announce Profit for 2015/16

Hibs have today revealed that the club has returned to profit in their yearly financial statement.

The club has announced a small profit of £200,000 off the back of the Scottish Cup winning season.

Some of the key points

# £200,000 profit

# No External Debt

# £2.5m in cash balances

# Turnover up £1.4m to £7m

# Wages to turnover ratio down, from 61% to 54%

# £1.1m (and rising) raised through share issue

# Fan Ownership now at 31.8% (8.2% through HSL)

For a fuller view and the staement by Hibs chairman Rod Petrie, please see the official site: