Carlisle United made a profit in 2015 to 2016, despite the damage caused by the floods of Storm Desmond in 2015.
Business at the football club was brought to a halt when Storm Desmond struck in December 2015.
Staff had to move from their Brunton Park base to other accommodation as the flood waters receded, and then during the restoration works, which took around nine months.
However, since that restoration work the value of the club's property has increased by £1.62 million.
On the pitch performances improved last year, and this was accompanied by improved figures off the pitch.
The club has put increased operating profits down to cup runs in both the EFL League Cup and FA Cup, and also income from player sales.
Commercial income, ticket sales, TV and prize money all went up, and total turnover increased by £1.35 million to £4.41 million.