Celtic swung back into black in the year to the end of June posting a pre-tax profit of £0.5m against a loss of £3.9m last time.
Group revenue increased by 1.8% to £52.0m while operating expenses rose by 7.3% to £57.1m.
Chairman Ian P Bankier said: "The board continues to believe that the company's self sustaining financial model provides the necessary stability to preserve the long term future of the club and player trading remains an important element of that model.
"Allied to player trading is the creation of the next generation of Celtic stars in our Youth Academy and I am glad to say that season 2015-16 saw a great example of that Celtic tradition, with Kieran Tierney establishing himself in the first team, being rewarded with his first full international call up for Scotland and being named PFA Scotland Young Player of the Year."
At 3:18pm: (LON:CCP) Celtic PLC share price was 0p at 73.5p