Tbf I don't think he's wrong, he just hasn't worded it well
Their income was £10.7m, that's with covid impacting match day revenue, once that is back to normal (as it is now) their income will be around £14m
I mean, it's still not enough as they would need to reduce their costs further or find a way to increase revenue otherwise they'll still make a loss for 2022
How any Mackem can paint it as a positive is clearly doing so as a coping mechanism, the accounts paint a sorry situation for them