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.
|
|
Three months
ended
September 30,
|
Nine months
ended
September 30,
|
|
|
2020
|
2021
|
2021
|
2020
|
|
Operating
revenue
|
$
|
2,378,476
|
$
|
2,766,649
|
$
|
7,258,790
|
$
|
7,435,767
|
|
|
Total operating
expenses
|
2,473,937
|
|
2,469,573
|
|
7,859,330
|
|
8,123,042
|
|
Income (Loss)
before tax
|
(95,461)
|
|
297,076
|
|
(600,540)
|
|
(687,275)
|
|
Income tax
recovery
|
-
|
-
|
-
|
-
|
|
Net income (loss)
for the year
|
(95,461)
|
|
297,076
|
|
(600,540)
|
|
(687,275)
|
|
Basic and Diluted
Loss per share
|
$
|
(0.00)
|
$
|
0.01
|
$
|
(0.02)
|
$
|
(0.03)
|
|
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