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Canada NewsWire
TORONTO , Nov. 25, 2022 /CNW/ - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV: SAT) Canada's pioneer South Asian broadcaster announces its third quarter 2022 consolidated financial and operating results for the three and nine months ended September 30, 2022 , in accordance with International Financial Reporting Standards ("IFRS").
Summarized Consolidated Financial Results
Nine months ended September 30, 2022 and September 30, 2021 .
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Nine months ended September 30 |
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2022 |
2021 |
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Operating revenue |
$5,935,282 |
$7,258,790 |
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Total operating expenses |
$6,837,762 |
$7,859,330 |
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Income (Loss) before tax |
($902,480) |
($600,540) |
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Income tax recovery |
- |
- |
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Net income (loss) for the year |
($902,480) |
($600,540) |
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Basic and Diluted Loss per share |
$(0.04) |
$ (0.02) |
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EBITDA |
$551 |
$290,555 |
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For details, please refer to the MD&A and the complete financial statements filed with SEDAR.
We are a Canadian media company. ATN serves Canada's diverse cultural communities with over 50 premium specialty television channels. We are publicly traded on the Toronto Stock Exchange Venture (TSXV-SAT).
For more information, please visit www.asiantelevision.com
We seek safe harbor.
SOURCE Asian Television Network International Limited
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