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Investing.com -- Manchester United on Wednesday posted its sixth straight annual net loss and cautioned that revenue is likely to decline in the current fiscal year.
Shares in the Premier League soccer club tumbled nearly 8% in premarket trading Wednesday.
Manchester United reported a loss of £33 million ($45 million) for the year to June 30, narrowing from the previous year’s deficit of £113.2 million.
It reported revenue for the fourth quarter of £164.1 million, up 15.4% year-over-year. The result brings the English soccer club’s full-year fiscal 2025 revenues to a record £666.5 million.
Commercial revenue for the quarter was £88.2 million, contributing to an all-time high of £333.3 million for the year.
Adjusted EBITDA for fiscal 2025 reached £182.8 million, while the operating loss narrowed to £18.4 million from £69.3 million in the prior year.
Manchester United reported adjusted basic loss per share of 3.16 pence for the three-month period, improved from the 15.79 pence loss in the year-ago period.
“As we settle into the 2025/26 season, we are working hard to improve the club in all areas," said Omar Berrada, CEO of Manchester United.
"Our commercial business remains strong as we continue to deliver appealing products and experiences for our fans, and best-in-class value to our partners."
Looking ahead, the club guided fiscal 2026 revenues in the range of £640 million to £660 million, down from the £666.5 million reported for the year ended June 30.
Adjusted EBITDA for the fiscal 2026 is expected to be between £180 million and £200 million.