05/07/2013 06:42 EDT | Updated 07/07/2013 05:12 EDT

Edmonton Eskimos report net profit of $207,060 from 2012 campaign

EDMONTON - The Edmonton Eskimos earned a net profit of $207,060 from 2012, the CFL club reported Tuesday at its annual general meeting.

The CFL club also announced that last year its sponsorship revenue increased by $369,000 over 2011 while the distribution from the league was up by $133,000 ($2.209 million).

The Eskimos also experienced increases in gate receipts ($451,000) as well as concessions and game-day revenues ($467,000). The club's overall operating expenses were $18.8 million, an increase of $1.9 million.

On the field, the Eskimos finished last in the West Division with a 7-11 record. But that was good enough to cross over into the East Division playoffs, where Edmonton dropped a 42-26 semifinal decision at Rogers Centre to the eventual Grey Cup-champion Toronto Argonauts.

Club shareholders elected Janice Agrios, Douglas Cox, and Marshall Sadd to the franchise's board of directors. Each will serve a three-year term.

The Eskimos' board elected Bruce Bentley as chairman, John Moquin as treasurer and Chris Bruce as secretary.