this Saskatchewan Mounted Troops It reported a net operating loss of $1.1 million for the 2023-24 fiscal year.
According to a financial summary on its website, revenue was hurt by poor performance on the field and high inflation and interest rates.
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The financial summary showed that the club had total revenue of $35.6 million and expenses of $36.7 million.
Despite the net operating loss, the summary showed the club had earnings before interest, tax, depreciation and amortisation (EBIDA) of $1.5 million and a strong balance sheet with net assets of $49 million and a stabilisation fund balance of $9.6 million.
The team's full financials and annual report will be released after the annual shareholders meeting on June 18 in Regina.
The Riders finished last season with a 6-12 record and seven straight losses, ending their playoff aspirations for the second straight year.
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