Brian O'Driscoll firm made €217,000 profits last year
Abridged accounts filed by O'Driscoll's O.D.M. and Promotions Ltd to the Companies Office show the company recorded post tax profits of €217,379 in the 12 months to the end of August last.
The post tax profits were down 73% on the post tax profits of €810,463 for 2023. The decrease is partly explained by pay to directors more than doubling from €212,707 to €446,424 due to the firm making pension contributions of €284,225 into the directors' pension pot compared to a zero contribution in 2023.
Cash funds at the company last year decreased sharply from €2.14m to €795,403 and this coincided with the company making additions of €2.47m to its financial assets rising from €5.9m to €8.6m.
The rise in value of financial assets takes into account a write-down of €91,486.
O'Driscoll is one half of one of Ireland's most high profile couples and separate accounts lodged by his wife, Amy Huberman's ASM Entertainment show that accumulated profits increased to €1.43m in the 12 months to the end of August last.
This followed Ms Huberman's entertainment firm recorded post tax profits of €143,075 and this followed post tax profits of €233,628 in 2023.
Cash funds at the company plunged from €1.07m to €502,239 and this coincided with the company adding €700,000 to its financial assets rising from €178,009 to €906,009.
Away from her acting and writing career, Ms Huberman - who featured on Amazon Prime Video's Last One Laughing Ireland in the year under review - continues to be a favourite of companies building their brands.
Ms Huberman's popularity with the Irish public is confirmed with a combined audience of over 926,000 on the Dubliner's X and Instagram accounts and in March of this year the Dubliner launched her own wine brand, Ah Wines.
The profits at O'Driscoll's ODM and Promotions for 2024 show that O'Driscoll - now 46 - continues to retain stellar earning power - 11 years after retiring from the game of professional rugby.
The company has investment properties with a book value of €1m and a note states that the investment properties are rented residences.
The firm has consistently recorded strong profits in recent years and the profits of 2024 and 2023 following profits of €641,383 in 2022, €874,120 in 2021 and €899,710 in 2020.
O'Driscoll works as a pundit for TNT Sports, Off The Ball and is a HSBC Sports Ambassador.
His firm employs three and pay to staff at the company, which includes directors, last year increased from €348,754 to €617,800 made up of wages and salaries of €316,522, pension payments of €284,225 and €17,053 in social insurance costs.
The firm's financial assets are made up of €6.4m in listed investments; €679,906 in participating interests and €1.58m in other investments other than loans.
The €679,906 in participating investments relates to a 33.3% investment in White Water LLC, a New York limited liability company.
O'Driscoll ended his decorated playing career with Ireland and Leinster in 2014
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
RTÉ News
5 minutes ago
- RTÉ News
Tariffs aren't good news but it could have been much worse
While the crucial US EU trade deal announced this weekend does bring certainty for businesses, there are significant drawbacks. Fundamentally, tariffs are negative for trade. The US is a significant export market for Ireland, and many sectors now face duties of 15% which did not exist last year. The biggest issue is pharmaceuticals, which are the largest Irish export to the US, valued at €44bn in 2024. In recent months US President Donald Trump had threatened enormous duties on drugs imported by America. He had ordered a national security investigation of the pharmaceutical sector. Last night, Tánaiste Simon Harris said his understanding was that after the investigation concludes the maximum tariff which could be imposed would be 15%. So, while the threat of more damaging duties is averted, pharmaceuticals made in Ireland may well face 15% tariffs in future, up from zero at present. Another key sector for Ireland is the manufacture of computer chips. Like pharmaceuticals it has been subject to a separate investigation by the Trump administration and faced the possibility of punitive tariffs, but it too could face a 15% tariff after the investigation ends. Last night, European Commission President Ursula Von Der Leyen said there was no decision yet regarding spirits exported to the US. This is critically important to Ireland's whiskey industry which has already seen several recent closures. There had been speculation that sector could have been part of a zero-for-zero tariff arrangement, but that is not yet agreed. Another important area for Ireland is aircraft leasing. Ms Von Der Leyen said last night that aviation would be part of a tariff-free arrangement. For other EU countries the massive duty of 27.5% which was imposed on European cars now falls to 15%. Some existing tariffs will be folded into that baseline 15%, meaning it would be an all-in tariff. For example, it is expected to include the existing "most favoured nation" duties of 4.8% which exist currently under World Trade Organization rules. The fact there is a deal at all avoids the threat of a prolonged tit-for-tat trade war. It means businesses can plan, investments can be made, and job-creating projects can proceed. But exporters are already seeking Government support as they navigate the new reality of the Trump administration's tariffs. The EU-US agreement is not a trade deal in the usual sense. Normally these pacts are negotiated over years and culminate in a document running to hundreds of pages. What was announced yesterday was the framework of a deal with much detail yet to be finalised. Yesterday wasn't the end of the negotiations, but it was a milestone.
Irish Daily Mirror
3 hours ago
- Irish Daily Mirror
Taoiseach welcomes trade deal between EU and US
Taoiseach Micheál Martin has welcomed a deal between the European Union and the United States, which will see a 15% tariff on most EU imports to the US. The deal was reached during a meeting between Donald Trump and the president of the European Commission on Sunday. The US president met European Commission President Ursula von der Leyen to hammer out the final details on the trading relationship between Europe and the US. Reacting to the deal, Mr Martin said the agreement was very welcome. 'It brings clarity and predictability to the trading relationship between the EU and the US – the biggest in the world,' the Fianna Fail leader said. 'That is good for businesses, investors and consumers. It will help protect many jobs in Ireland. 'The negotiations to get us to this point have been long and complex, and I would like to thank both teams for their patient work. 'We will now study the detail of what has been agreed, including its implications for businesses exporting from Ireland to the US, and for different sectors operating here. 'The agreement is a framework and there will be more detail to be fleshed out in the weeks and months ahead.' Mr Martin said the higher tariffs will have an impact on trade between the EU and the US, which will make it more expensive and more challenging. US President Donald Trump enjoyed a round of golf before his meeting with Ursula von der Leyen 'However, it also creates a new era of stability that can hopefully contribute to a growing and deepening relationship between the EU and the US, which is important not just for the EU and the US, but for the global economy,' he added. 'Given the very real risk that existed for escalation and for the imposition of punitively high tariffs, this news will be welcomed by many.' The deal was also welcomed by deputy Irish premier and Minister for Foreign Affairs and Trade Simon Harris, who said it brings clarity to businesses. 'While we have yet to see the detail, I welcome that an agreement has been announced by Commission President von der Leyen and US President Trump,' Mr Harris said in a statement. 'A deal provides a measure of much-needed certainty for Irish, European and American businesses who together represent the most integrated trading relationship in the world. Ireland makes a key contribution to this with the Ireland-US economic relationship valued at more than one trillion euros. 'The US had made clear, and this has been replicated in other recent agreements, which the US has reached with other countries, that a baseline tariff was always going to be part of the outcome. 'I have always stressed that tariffs are damaging and will have a negative impact on companies exporting to the US. 'While Ireland regrets that the baseline tariff of 15% is included in the agreement, it is important that we now have more certainty on the foundations for the EU-US trade relationship, which is essential for jobs, growth and investment. 'President von der Leyen described this as 15% tariffs across the board, all-inclusive.' He said further detail is needed around pharma, aviation and other sectors. Mr Harris said he will examine the details of the agreement over the coming days to establish the effect on Irish businesses and the economy. Earlier, EU commissioner Michael McGrath said the meeting was a 'significant and decisive moment'. Mr McGrath, EU Commissioner for Democracy, Justice, the Rule of Law and Consumer Protection, said it would involve substantive negotiations between both sides. 'It's a significant moment, we hope a decisive moment, and it builds on an enormous amount of work that has been done over quite a period of time,' Mr McGrath said ahead of the meeting. 'President Trump invited President von der Leyen to Scotland for a meeting. 'This follows on the back of intensive negotiations over a number of months. He added: 'It is not a case of turning up and signing on the dotted line. There will be a real discussion that will happen, and it will take on a dynamic of its own, and let's see what happens over the course of the afternoon. 'But from the EU's point of view, we are determined to do all that we can to get a deal for European businesses, because we recognise the cost of uncertainty. 'It manifests in trade and in investment decisions and ultimately in employment and of course tariffs can cost consumers at the end of the day. 'We want a good deal. We have negotiated hard, and we're at a point now where hopefully the two leaders can today bring it to a concluding phase.' Subscribe to our newsletter for the latest news from the Irish Mirror direct to your inbox: Sign up here.
The Irish Sun
3 hours ago
- The Irish Sun
Love Island fans insist returning Islander ‘did their research' as they expose ‘game plan'
LOVE Island fans insist a returning Islander 'did their research' as they expose their 'game plan.' Irish star Megan Advertisement 3 Love Island fans insist a returning Islander 'did their research' as they expose their 'game plan' 3 Fans have claimed Megan has an obvious game plan Megan was voted least favourite girl after dumping Tommy for Conor, before being axed. But her return has seen her head straight for Conor to pick up where they left off. However, Love Island viewers aren't convinced, with some saying that the brunette beauty has returned to the dating show with a game plan. Taking to Reddit, one person speculated: 'Irish Megan really did her homework. Notice how when Yasmin first came in irish Megan threw the blame on her calling her 'boring and sloppy' and never held Harry or Dejon accountable. Advertisement Read More on Love Island 'But now she's flipping the script , telling the girls 'Oh the boys were the problem' and 'It's not Shakira it's Harry.' They continued: 'Since her return, Helena who's always laughing and scoffed 'I'm not threatened by Shakira.' is now crying….its no coincidence that both Helena and Megan are shifting the blame onto Harry instead of Shakira after irish meg came in because they would've jumped guns blazing on Shakira if they hadn't known what the public say about them.' And the poster finished by saying: 'They're even openly acknowledging the 'divide' for the first time and Megan who was confidently arguing with 4+ girls during movie night is now shedding crocodile tears for people to sympathise with her…irish meg TRUST and believe that you will be on that spirit flight back to england i've had enough of them rigging this season and painting shakira and toni as the villains.' The comment was liked by thousands of people in agreement, but not everyone agreed with the theory. Advertisement Most read in Love Island Some said it was a good thing that Megan was calling out the boys for their actions, while others fumed that the word 'game player' was being thrown about too easily. Love Island fans praise Megan as she calls out Harry for his actions in brutal speech On her villa return, Megan revealed the real reason she decided to come back. She said: "I'm excited to go back in, I think I left quite abruptly and I'm going back in for some clarity. "It was an easy decision to make. Advertisement "When you can't speak to people for a couple of weeks and have to watch them on telly every night, you want some answers." Some Love Island fans ended up complaining to Ofcom about Megan and Blu's return to the villa. "Producers are ****s, they bring Megan back now that Shakira + Conor are happy + now I've seen that they've put the clip of Shakira + Toni talking about meg + demon in the grafties? "I hate them and ofcom will be hearing from me." Advertisement Someone else added: "And the voting was rigged - I'm complaining to ofcom too, sick of the lies." A third penned: "@itv bringing back meg over alima is disgraceful. And I will be complaining to ofcom. "Megan recieved the lowest amount of votes. Alimas was never voted out by the public but by somone stealing her man. "S10 molly was kicked out the same way and eventually brought back." Advertisement A fourth then said: "Everyone needs to complain to ofcom after that episode!!!!!!!" While a fifth added: "I'm actually gonna file an ofcom complaint cause how can they disregard our votes like that? "Megan literally had the lowest votes for favourite girl FOR A REASON." 3 Fans questioned why Megan has done a u-turn and now blames the boys Advertisement
