National League Ebbsfleet United lost £1,790,700 in the year to May 30th 2022. This follows a loss of £1,321,818 the previous year.
The turnover in the year was just £484,802.
Cost of sales were £1,527,824.
Administrative expenses were £960,208.
The average number of persons employed by the company during the year increase to 50 from 36 in the previous 12 months. That meant wages and salaries increased from £1,111,803 to £1,489,556.
The club’s total losses now exceed £18 million while loans due now total just over £5 million.
The auditors have stated that 'a material uncertainty exists that may cast significent doubt on the company's ability to continue as a going concern'.
A couple more points:
Ebbsfleet paid out £314 in wages for every £100 received in income during 21/22.
They lost £33K every week.