The racing firm owned by one of Ireland's most popular and successful sports stars, Rachael Blackmore, was sitting on almost €1m in accumulated profits at the end of last year.
This follows new accounts filed by the jockey's Rachael Blackmore Racing Ltd showing that the firm's profits of €323,024 in the 12 months to the end of last December followed profits of €367,545 recorded in 2021.
After recording the €323,0245 profit for last year, the Co Carlow firm was sitting on accumulated profits of €973,845 at the end of the year.
The cash pile at the company - only incorporated in 2019 - increased from €577,135 to €894,148.
A note attached to the accounts states that profits are net of dividends paid though the accounts do not confirm if a dividend was paid out during the year.
The Tipperary jockey created history in 2021 when she became the first female jockey to win the English Grand National in the 182 year history of the race on the Henry de Bromhead trained Minella Times.
The win earned Minella Times owner, JP McManus £375,000 in prize money.
In the financial year under review, Blackmore once again won the Champion Hurdle at Cheltenham where the 34 year old's partnership with de Bromhead continued to flourish as Blackmore piloted A Plus Tard home to win the Gold Cup.
Separate accounts for Carriganog Racing Ltd operated by another bright young star of Irish racing, 30 year old Joseph O'Brien, show that it recorded post tax profits of €479,273 last year.
This followed O'Brien's racehorse training business recording post tax profits of €419,595 in 2021.
The 2022 profit takes account of non-depreciation costs of €169,700.
The firm's accumulated profits at the end of December last year totalled €2.86m.
Mr O’Brien operates his training stables at Piltown, Co Kilkenny and numbers employed at the business last year increased from 167 to 182. Directors’ pay totalled €54,568.
As a jockey, O’Brien has twice won the English Derby and the Irish Derby along with the Ascot Gold Cup while as a young trainer, O’Brien has trained winners in the Melbourne Cup on two occasions and also trained winners for the Irish Derby and the Irish Gold Cup.
