THE SYDNEY Swans have recorded a profit of $300,397 for the 2015 financial year.
It is the Swans' fifth successive profit and was achieved on revenue of $45.5 million.
The club has no debt and assets of $2 million, but chairman Andrew Pridham says the Swans will need to make a significant investment in a new training and administration facility in the near future.
Pridham said he was pleased with the result and hoped to bump membership from the 2015 mark of 48,836 to top 50,000 for the first time.
"Sydney remains one of, if not the most challenging and competitive sporting markets in the world, so to post our fifth consecutive profit is a fantastic achievement," he said.
Growth in membership helped put the Swans in the black, with membership revenue increasing by 8.4 per cent. That was on the back of a signficant boost in membership the previous season when the club signed superstar forward Lance Franklin.
Membership growth boosts Swans' finances
The Sydney Swans have posted their fifth consecutive profit