Tennis Australia more than doubled its net surplus in the last financial year but disclosed a potential liability arising from legal action by players.
The net surplus rose to $15.827 million in the year ended 30 September 2025 from $7.128 million a year earlier, according to the 2025 financial statements and reports.
Revenue for the peak body for tennis in Australia rose by 17% to $692.687 million over the same period, while total expenses increased by 15% to $680.744 million.
The share of the income or loss of equity-accounted investees was a $2.02 million profit compared with a $786,000 loss a year earlier.
These relate to a 20% stake in British subsidiary Trident 8 Limited, which operates the Laver Cup, and 25% of Grand Tennis Properties Limited, which registers global trademarks for the four Grand Slams organisations.
Tennis Australia accounted for an estimated share of profit of $1.978 million from Trident 8, compared with a $786,000 share of losses a year earlier, while dividends of $1.336 million were paid from Trident 8 to Tennis Australia.
The organisation said the Professional Tennis Players Association (PTPA) and a group of players have brought proceedings against international tennis organisations, including Tennis Australia, in the United States District Court (Southern District of New York) for alleged breaches of U.S. antitrust law.
“The proceeds are in early interlocutory stages. As at 30 September 2025 the likelihood of a future settlement or obligation is unknown,” Tennis Australia said.
