The team's financial statement was released at their annual general meeting this morning and team President Chad Taylor is happy with the overall direction the club has been making.

“At the end of the day, we have to recognize that this team operates basically on a 34-game schedule, so when we do make the playoffs and that extraordinary revenue comes in, if there’s investments that need to be made, we make them,” said Taylor.

The team lost $165,145 on the season.

“Being a non-profit organization, we have to expense it all in one year (and) you don’t have depreciation... You make it happen and you move forward.”

The team still has a bank balance of over $1.134 million dollars and an education fund with over $264,000 in it.

The team operations made $371,850 last season, including $27,063 in their two playoff games.

They made a $114,472.90 contribution to the education fund.

The Warriors are at year eight of a $2.5 million commitment for Mosaic Place, with over $2.1 million of their pledged money handed out.

“That will be a great topic for the board at the time when all the commitments are done,” said Taylor. “I think we’re open to having partnerships at the facility for the fans and for the players. We’ll look at that stuff, but we’ll take it one year at a time.