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This followed a fall in turnover from £58.5m to £28.5m as the effect of relegation from the Premier League the previous season was felt.
Chief executive Ivan Gazidis is confident Arsenal's commercial future is bright after a "very solid" set of results, despite a fall in turnover and profit.
Lloyds TSB said a third of businesses reported experiencing a fall in turnover, compared with 32% experiencing growth.
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Yet in 2010 cuts in local government contracts led to a fall in its turnover from £1.2m to £500,000.
"The immediate impact is likely to be a fall in housing turnover and a rapid deceleration in house price growth as buyers adopt a wait and see [attitude for] the short-term impact on financial markets and the economy at large," he said.
The figures, showing a 12% fall in turnover to £115m and a £970,000 loss for the year to the end of July, came after two earlier profit warnings of weaker sales.
In the Type 2 diabetic subjects given placebo, a fall in muscle ATP turnover rate was observed during the fasting fall in plasma glucose concentration.
69) Adele The non-appearance of Adele's third album in 2014 was blamed for a fall in label XL's turnover and profits.
SwiftKey said that the fall in turnover was due to its decision to switch to a "freemium" business model where the initial download of its app was free.
The national radio broadcaster blamed the combined effect of the recession and a big decline in its audience for the 32.7% year-on-year fall in turnover to £14.8m in the year to the end of 2009, compared with £21.9m in 2008.
A proteasome subunit alpha type 7 (Q9SXU1), and a TH65-like protein (Q949J3) involved in turnover and signaling processes and a kinesin motor protein (Q2QMU6) were also identified.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com