Sell out shows by Olivia Rodrigo, Girls Aloud, Vogue Williams & Joanne McNally and the Wolfe Tones helped the firm that operates the 3Arena in Dublin to pre-tax profits of €20.7m last year.
New accounts filed by the Live Nation-owned Amphitheatre Ireland Ltd show that the venue firm recorded the 8.5% increase in pre-tax profits as revenues increased marginally from €36.22m to €36.49m.
The directors state that the "3Arena continued to perform strongly in 2024, attracting promoters of the best shows and large audience numbers".
The directors state that the increase in profits "is mainly a result of the growth in turnover and operational efficiencies achieved during 2024".
The directors state that the number of events at 3Arena increased in 2024 to 126 events from 117 events in 2023 while the number of patrons attending events in 2024 decreased to 1.054 million from 1.069 million in 2023.
The firm paid out a dividend of €7.7m to parent firm Live Nation Ireland Holdings last year and in a post balance sheet event paid out a further dividend of €10m in 2025.
The company recorded post tax profits of €18.24m after incurring a corporation tax charge of €2.47m.
Figures published by trade industry journal Pollstar earlier this year show that box office revenues at the 3Arena in the 12 months to mid November last year show that the venue recorded bumper box office revenues of €71.37m.
In one gig alone, the singer songwriter of Fleetwood Mac, Stevie Nicks, generated €1.9m at the box office on the back of ticket prices ranging from €140 to €302.
The venue was the eighth ranked European arena venue in terms of box office revenues in 2024.
The Pollstar figures - based on returns made by the 3Arena and concerning events from mid November 2023 to the mid November 2024 - show that a number of Irish performers recorded bumper box offices during the year.
The directors for Amphitheatre state that they "expect 2025 turnover, EBITDA (Earnings Before Interest Tax Depreciation and Amortisation) and profit after tax to be in line with 2024".
Numbers employed by the firm last year increased from 45 to 47 as staff costs increased from €2.63m to €2.88m.
The company recorded operating profits of €18.9m and interest income of €1.79m added to the profits.
Irish artists performed strongly at the venue in 2024 with the Pollstar figures showing that Niall Horan generated €2.65m for three nights at the venue in February 2024.
Folk veterans Wolfe Tones played to sell out crowds over three nights in October 2024 and generated €1.84m at the box office from the 39,882 fans across the three nights.
One of the most talked about breakthrough entertainment acts of recent years is Vogue Williams and Joanne McNally where the two have capitalised on the popularity of their podcast, My Therapist Ghosted Me with sell out live shows across the globe.
The Pollstar figures show that the two generated €2.36m at the box office from five sell out shows across the 12 months before a combined audience of 39,873.
The figures show that Nadine Coyle's decision to re-unite with her Girls Aloud band-mates has paid off with Girls Aloud's two gigs at the Dublin venue generating €1.89m at the box office in May 2024.
In May 2024, Olivia Rodrigo played to 12,631 fans generating €1.1m at the box office while Take That's two gigs in April recorded a box office of €2.4m.
Box office receipts are shared between performer, promoter, ticket seller and venue operator.
Accumulated profits totalled €69.37m while cash funds increased from €5.8m to €17.8m.
Reporting by Gordon Deegan
