Business Irish

Friday 20 September 2019

Profits at Panty Bar almost double to €100,000

 

Panti Bliss
Panti Bliss

Gordon Deegan

Profits at the Dublin bar operated by Panti Bliss last year almost doubled to €101,025.

In a stellar year for the Panty Bar Ltd, accumulated profits increased from €274,254 to €351,529. The increase in accumulated profits takes account of a dividend payout of €43,500.

Gay icon Panti Bliss, aka Rory O'Neill, first came to widespread national attention through the 'Pantigate' saga in 2014 that culminated in her Noble Call speech at the Abbey Theatre which has attracted almost one million views on YouTube and received support from TV presenters Graham Norton and Stephen Fry.

In 2015, Panti-Bliss was the best known public face in support of the Marriage Equality referendum and her pub on Dublin's Capel Street was the scene of massive celebration on the night of the referendum result in May that year.

The cash pile at the business last year increased from €85,749 to €96,964. The profit last year takes account of non-cash depreciation costs of €40,992.

Fifty-year-old Panti-Bliss sits on the board with Tim Bourke and the value of the company's tangible assets increased from €257,638 to €275,063. Tim Bourke replaced restaurateur and publican Jay Bourke as a director.

Last year the High Court disqualified Jay Bourke from acting as a company director for seven years.

Dividends of €20,000 were paid in 2016, with profits coming to €57,810. In 2015 there were profits of €173,400.

Irish Independent

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