Billion-dollar revenue, negative result: the real results of the sports and entertainment industry

The total income of sports and entertainment companies reached UAH 3.47 billion, which is 10% more than a year earlier. About this the results show Index of Opendatabot 2025.

However, behind the superficially optimistic numbers lies a contrasting reality: out of more than a dozen major players, only three were able to end the year with a profit. All others are in losses. The booming demand sector remains vulnerable to war risks, inflationary pressures and investment caution.

Despite the highest gross income among all companies in the rating — UAH 913.65 million — Dynamo Kyiv ended the year with a huge loss of UAH 784.07 million. This is the worst result among all participants of the Index. At the same time, as early as 2023, the club was profitable — UAH 345.67 million in net income. The drop in revenue by 1.7 times was a reflection of the general weakening of the club, which belongs to the business group of the Surkis brothers. Despite everything, the team topped the ranking in terms of revenue.

In second and third place are two branches of the largest Ukrainian chain of fitness clubs “Sport Life”. Kyiv-1, owned by Tetyana Podrezova, showed an income of UAH 545.81 million, and Kyiv-6 (owner — Larisa Pakhomova) — UAH 377.56 million. In both cases, not only revenue growth (1.5 times), but also profit was recorded: in the first – 1.03 million UAH, in the second – 2.2 million UAH. Despite the positive dynamics, these profits are rather symbolic against the background of the scale of the network.

FC “Kryvbas” from the Dnipro region took fourth place, increasing its income to UAH 287.12 million – 1.6 times more than last year. The decrease in unprofitability was especially noticeable: losses decreased by 3.4 times and amounted to only UAH 1.1 million. This is one of the most stable indicators among football clubs.

The fifth place was taken by the company “Thermal Furdo”, which operates the thermal waters of Kosyno. Despite the drop in income by 16% to UAH 272.76 million, losses were reduced eight times to UAH 6.47 million. The tourism sector, like sports, felt the pressure of wartime but is showing adaptation.

Sixth place goes to FC Polissia, a club from Zhytomyr Region owned by Gennady Butkevich, co-owner of the ATB network. Having entered the Index for the first time, the club immediately showed an income of UAH 266.8 million — 4 times more than a year earlier. At the same time, the financial result remained negative: losses amounted to UAH 256 million.

The seventh place is in the Apollo Next network, which belongs to the general director of Fozzi Group, Volodymyr Kostelman. The company’s revenues doubled to UAH 234.24 million. But the profit of 2023 (12 million hryvnias) changed to this year’s losses of 6.9 million hryvnias. In a comment, Apollo representatives noted that despite financial losses, the chain is expanding, opening new clubs, working with veterans and maintaining fiscal discipline as a form of economic resistance.

In eighth place is the entertainment center “Neopolis”, located in the capital’s Respublika Park shopping center. The company associated with Vitaly Khomutynnik showed a 24% increase in revenue to UAH 197.51 million, and at the same time a 14% decrease in losses to UAH 46.96 million.

FC “LNZ” from Cherkassy, ​​which is part of the agricultural holding LNZ Group, received UAH 188.64 million in revenue, which is 6.4 times more than in 2023. Unlike other football clubs, LNZ ended the year in the positive: the profit amounted to UAH 3.27 million. This is the only football member of the rating with a positive financial result.

Shakhtar Service, which is part of Rinat Akhmetov’s business structures, took the tenth position in the rating. Its income amounted to UAH 182.05 million, and losses decreased by 3.3 times to UAH 7.4 million.

The rating also recorded the elimination of dozens of companies that were notable players until recently. SC “Dnipro-1” earned only UAH 34.55 million — 12.7 times less than last year. SC “Prometheus” was on the verge of UAH 80.94 million (a 1.5-fold decrease), while “Nasvit” LLC showed UAH 131.73 million (a 1.6-fold decrease).