New accounts filed by Hozier’s Haskey Ltd show that it recorded post-tax profits of €1.59m in 2024. This was three times the €467,946 recorded the previous year.
At the end of December last, accumulated profits totalled €6.29m and the bumper profits came on the back of the Electric Picnic headliner recording his first Ireland and UK Number 1 single with the song “Too Sweet” last April.
Hozier also had his first ever Number 1 album in the UK charts in August 2023 with his third studio album “Unreal Unearth”, while “Too Sweet” has amassed 1.67 billion streams to date on Spotify.
The singer, who turned 35 this year, topped up the company’s coffers in 2024 with a sold-out show at Dublin’s Marlay Park on July 5, and another sell out at the 45,000-capacity Finsbury Park in London two days later. That was Hozier’s biggest ever UK show at the time.
The busy touring schedule for 2024 followed Hozier selling out over 1 million tickets worldwide the previous year, included three shows at Dublin’s 3Arena in December 2023. These generated €1.74m at the box office.
He is planning to perform at the Rogers Stadium in Toronto next Wednesday, and has tour dates planned in the US and Mexico in October.
Directors’ pay at Haskey Ltd last year more than doubled from €99,704 to €204,118. Pay was made up of emoluments of €104,118 and pension contributions of €100,000, which did not occur in 2023.
Cash funds at the company increased from €567,121 to €738,617 last year, while the value of its tangible assets increased from €1.94m to €5.03m.
The accounts show that the firm added freehold property to the value of €3.29m under the heading of “tangible assets” last year and disposed of freehold property valued at €277,247.
A note attached to the accounts states that the freehold property is not depreciated in value as it is not in use at the moment.
The firm also added to its financial assets by €217,778, resulting in a book value in financial assets to €2.47m at the end of last year.
Underlining the buoyant year enjoyed by the firm in 2024, the amount owed in corporation tax at the end of 2024 was €200,091 compared to €10,513 one year previous.
The amount owed by the firm to Hozier increased from €100,576 to €1.94m at the end of the year.
The singer song-writer of “Take me to Church” dropped out of Trinity College Dublin to pursue his ambitions in the music business.