ST. JOHN’S, Antigua – Cricket West Indies (CWI) has today unveiled its Annual Report and Audited Financial Statements for the fiscal year 2022-2023, following the Annual General Meeting (AGM) held in Antigua on Saturday 23 March 2024.  CWI recorded revenues of US $62.3 million and net income of US $14.25 million for the year ending 30 September 2023.

Dr. Kishore Shallow, in the President’s Message, commended the collective strides made over the period, stating,

President Shallow also expressed enthusiasm for the upcoming ICC Men’s T20 World Cup 2024, highlighting its potential economic impact of over US $300 million for the Caribbean. He noted,

“We are delighted to announce further significant improvements in our financial standing as we continue the transformational change in our organisation. Having successfully reversed the deficit of over US $2 million, which was over US $23 million in 2021, we now record a surplus of US $12 million. Furthermore, our forecast for the end of 2024 anticipates our surplus exceeding US $20 million. This achievement lays a solid foundation for our sustainability over the next four years.” Nanton further added, “By fortifying our financial position through increased retained earnings, we have bolstered our ability to navigate future challenges.” CWI’s financials underwent rigorous auditing by Grant Thornton, Antigua.