Walsall Football Club has announced a profit of £5,000 for the year ending 31st May 2010.
The latest announcement means that the npower league one club has made a profit for the last five years consecutively.
In his annual statement Chairman, Jeff Bonser, said: "I believe that this represents a considerable achievement in what continues to be a very difficult financial climate.
"Previously I have applauded the contribution of our main sponsors and commercial partners. It goes without saying then that once again I wish to place on record my appreciation to those organisations, in these difficult financial times, who have continued to support the Club."
He added: "On behalf of everyone at Walsall Football Club I would like to say a big thank you to our supporters for their continued loyalty and commitment to the Club, and to assure them that all our efforts are focused on giving them a team and a Club to be proud of, and that we are working very hard towards achieving that goal."