Cricket Australia Posts $11.3M Deficit Despite Record Revenue

Imagine Cricket Australia is like a company that runs cricket games.

Even though they made a lot of money this year, more than ever before, they ended up spending more than they earned.

This happened because it costs a lot to host big games, like the series against India, and the teams also had to travel and play more games than usual.

Because they spent too much, they lost about $11.3 million.

Some people who help run cricket in different parts of Australia are not happy about this.

But the leaders of Cricket Australia are hopeful for next year, especially with a big series against England coming up, and they believe they can make a profit then.