Rattler records first profit since its return to the tracks

THE Mary Valley Rattler has weathered the COVID storm to record its first operational surplus since returning to the tracks.
The Rattler’s financial report for 2019-20 has revealed the heritage train made $221,000 throughout the financial year, a significant turnaround from the $549,000 deficit recorded the year before.
A big part of this jump was thanks to a $124,000 increase in income from ticket sales, which topped $1.05m for the year.
A significant $370,000 came from “other income”.
Of this, $141,000 came from JobKeeper, while another including $174,000 was accounted in contributed assets, $23,000 in rental income and $13,000 from charitable income and fundraising.
The surplus has reduced the Rattler Railway Company’s net liability position to $663,000, from $884,000.

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