One of the country’s most celebrated singer-songwriters, Christy Moore, this year paid himself a dividend of over €660,000 from his entertainment firm.
New accounts filed by Yellow Furze Ltd paid its 100% shareholder Christy Moore a dividend of €666,667 in the 12 months to the end of March this year.
On the back of scores of sell out shows around Ireland, Yellow Furze recorded post tax profits of €480,856 this year which was down 21% on the profits of €607,270 in the prior year.
The profits of the last two years followed post tax profits of €465,214 for fiscal 2024 and €460,635 for fiscal 2023.
The post tax profit of €480,656 offset by the dividend payout of €666,667 resulted in the company’s accumulated profits dipping from €3.18m to €2.99m.
During the year, the company’s cash funds decreased by €2.40m to €2.35m.
The principal activity of the company is the sale of music performances and recordings by Christy Moore while the firm holds rights which generate royalty income.
On his own website, Christy Moore – who celebrated his 81st birthday this year – wrote “a quick recap on work related events that marked 2025: Myself and the team performed 43 gigs over the year. We played six benefits and spent seven days recording towards various projects. We did 10 gigs in Vicar Street – across those gigs 74 songs were aired.”
Company revenues were boosted during the year by sales of Moore’s critically acclaimed album, A Terrible Beauty which reached number one1 in the Official Irish Album Charts in November 2024 – Moore’s first number one album in seven years.
The release of A Terrible Beauty arrived 56 years since Moore’s debut album Paddy On The Road.
The performer – who has been entertaining audiences in Ireland and the UK across the past six decades – is best known for his “Ride On” and “I’m An Ordinary Man” anthems.
Underlining the veteran performer’s enduring appeal, Moore’s website shows that every scheduled gig between a September 11 gig at Leisureland in Galway to the Knightsbrook Hotel in Trim on October 1 next- four in total – are sell outs with ‘House Full’ sign up.
Tickets for a string of Vicar Street gigs in Dublin in November will go on sale this Friday.
The firm employs three people including directors and last year pay to directors increased from €160,106 to €190,939.
The accounts – signed off on August 28 – state a daughter of directors Christy Moore and Valerie Moore is an employee of the company and during the year, the employee received pay of €35,000.
Moore is also well known as a founding member of Moving Hearts and Planxty.
The figures show that the firm has tangible assets valued at €905,713 that includes an investment property.
Company figures show that the wealth of the firm has increased in recent years – its accumulated profits have grown from €524,172 to €2.99m over the past number of years.
Reporting by Gordon Deegan
