Canada NewsWire
TORONTO , May 26, 2021 /CNW/ - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV: SAT) Canada's pioneer South Asian broadcaster announces its first quarter 2021 consolidated financial and operating results for the three months ended March 31, 2021 , in accordance with International Financial Reporting Standards ("IFRS").
Summarized Consolidated Financial Results
Three months ended March 31, 2021 and March 31, 2020 .
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Three months ended March 31, |
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2021 |
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2020 |
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Operating revenue |
$ |
2,333,658 |
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$ |
2,445,137 |
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Total operating expenses |
2,671,135 |
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3,122,684 |
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Loss before tax |
(337,477) |
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(677,547) |
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Income tax recovery |
- |
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- |
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Net loss for the year |
$ |
(337,477) |
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$ |
(677,547) |
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Basic and Diluted Loss per share |
$ |
(0.01) |
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$ |
(0.03) |
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EBITDA |
$ (5,443) |
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$ (110,199) |
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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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