A good set of numbers was expected after qualifying for the last 16 of the Champions League. But, to put it in some context, Celtic's turnover rose by nearly 50% to £75.8million.
And, despite a big rise in operating costs - bonuses have to be paid for success, after all - they still made a pre-tax profit of £9.74m. Arsenal, with a turnover of £242m, could only generate a pre-tax profit of £6.7m.
Everyone involved with running Celtic deserves huge praise for this achievement.
However, with these figures coming out the day before they failed to find the net against Morton, it was inevitable some people would argue more of the money the club now have should have been ploughed into replacing the likes of Gary Hooper.
I've always maintained the the club has adopted a business strategy which has parameters regarding the purchase price and salary of players.
You can't just abandon this because you have had a good year financially.
The club are spending on players, but within budget. Even more importantly, they are investing in developing their own young players, a policy which will be of huge benefit even in the years when there is no big Champions League cheque.