Wigan Warriors cut their losses as turnover rose in the year before being taken over by a billionaire businessman.
Mike Danson bought the Super League club in July after having also snapped up Wigan Athletic a month earlier.
According to newly-filed documents with Companies House, Warriors made a pre-tax loss of £1.2m for the year to November 30, 2022, compared to £1.7m in the prior 12 months.
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The club's turnover also increased from £4.6m to £6.6m over the same period.
In a statement signed off by the board, Wigan Warriors said: "The board's medium-term goal for the company continues to be to achieve a break-even performance to both ensure the financial sustainability of the company and to provide the best opportunity for continued success in rugby league.
"The operating loss for the year in 2022 is higher than the board would like but is not materially outside expectations given market conditions.
"The board believe, under the direction of new ownership, that the most appropriate path to financial sustainability is to target revenue growth in all areas whilst continuing to invest in the playing squads to maximise performance and provide an exciting product to Wigan Warriors and rugby league supporters, in general."