financial year

noun

British

: a 12-month period used by a government, business, or organization to calculate how much money is being earned, spent, etc. : (US) fiscal year

Examples of financial year in a Sentence

Recent Examples on the Web

Last year, Samsung posted its weakest financial year in over a decade, with the Wall Street Journal reporting that net profit fell 73% in Q4. —Orianna Rosa Royle, Fortune, 19 Apr. 2024

Its revenues for the first half of the current financial year were down 23.5%, while its losses last year amounted to £148 million ($184 million). —Prarthana Prakash, Fortune Europe, 16 Apr. 2024

In its latest financial year ending in September, Disney earned revenue of just 66 cents on average per Hotstar subscriber — down from 88 cents in 2022 and compared with $5.93 for a non-US subscriber to Disney+, its main streaming service, according to its annual report. —Diksha Madhok, CNN, 28 Feb. 2024

Bloomberg reported several game publishers had also been informed about the delay and now expect the console to launch around March 2025—still technically within the 2024 financial year for the company. —Siladitya Ray, Forbes, 19 Feb. 2024

After the financial year, in January, Tencent was given the green light for a mobile game with the National Basketball Association. —Patrick Frater, Variety, 20 Mar. 2024

Dollar Tree opened 641 stores in the previous financial year, including 219 in its fourth quarter which ended in early February, the company said. —James Powel, USA TODAY, 26 Mar. 2024

The draft network statement will be gazetted in a few days time for public consultation before being finalized in Transnet SOC Ltd.’s next financial year, which begins April 1, the company said in a statement late Friday. —Antony Sguazzin, Bloomberg.com, 16 Mar. 2024

Sales increased in the 2023 financial year but dropped 4% in the past two months — including the crucial Christmas period — compared with a year prior. —Olesya Dmitracova, CNN, 31 Jan. 2024