AFL club Geelong have almost doubled their operating profit in 2010.

The Cats announced their 11th successive profit, with the figure increasing to $1,284,509, up from $650,794 in 2009.

"The club has enjoyed another strong season on and off the field," Cats chief executive Brian Cook said.

"We attained a record membership of 40,655 which is a tribute to our loyal and passionate supporters.

"The improvement in facilities at Skilled Stadium and our team's strong performance were key contributors to this increase.

"The club continued to invest heavily in its long term future, with feasibility studies into a third redevelopment of Skilled Stadium and an alternative training venue and a commitment to provide our football department with the resources they require for the club to enjoy further on-field success."

Geelong's revenues increased by 10 per cent to $44.8 million.

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