Celtic reported a pre-tax loss of £2.97million ($4.57m) compared to £11.19m ($17.2m) in the previous year.
Turnover increased by 35.4 percent to £56.8m ($87.5m), boosted by increases in all four revenue sectors: television, gate, sponsorship and merchandising. In the year, Celtic also cut its debt to £16.47m ($25.4m), down from £29.62m ($46.05m) in 2001.
Despite success on the pitch, the financial year was dominated by conflicts with fellow SPL clubs over broadcast rights and rumours that Celtic and Glasgow rivals Rangers could break away from the Scottish League structure.
In the year, Celtic explored the possibility of joining the Nationwide Football League.
Said chairman Brian Quinn: "I believe the factors which prompted us to explore such possibilities will not disappear; and we will continue to be receptive to structural change, while maintaining our stance of not abandoning Scottish football. How these objectives are reconciled is, of course, a challenge. We believe it can be done, with goodwill on all sides."
Celtic shares were marked down by about one percent from 48.5p to 48p at 9am GMT.
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