Canada NewsWire
TORONTO , Nov. 24, 2021 /CNW/ - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV: SAT) Canada's pioneer South Asian broadcaster announces its third quarter 2021 consolidated financial and operating results for the three and nine months ended September 30, 2021 , in accordance with International Financial Reporting Standards ("IFRS").
Summarized Consolidated Financial Results
Three and nine months ended September 30, 2021 and September 30, 2020 .
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Three months ended
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Nine months ended
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2020 |
2021 |
2021 |
2020 |
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Operating revenue |
$ |
2,378,476 |
$ |
2,766,649 |
$ |
7,258,790 |
$ |
7,435,767 |
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Total operating expenses |
2,473,937 |
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2,469,573 |
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7,859,330 |
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8,123,042 |
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Income (Loss) before tax |
(95,461) |
|
297,076 |
|
(600,540) |
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(687,275) |
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Income tax recovery |
- |
- |
- |
- |
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Net income (loss) for the year |
(95,461) |
|
297,076 |
|
(600,540) |
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(687,275) |
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Basic and Diluted Loss per share |
$ |
(0.00) |
$ |
0.01 |
$ |
(0.02) |
$ |
(0.03) |
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EBITDA |
$ |
432,093 |
$ |
604,663 |
$ |
290,555 |
$ |
656,169 |
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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