ATN REPORTS AUDITED NET LOSS OF 156,772 FOR THE 12 MONTHS ENDED DECEMBER 31, 2021 VS NET LOSS OF 534,606 FOR THE PRIOR YEAR
28 April 2022 - 8:30AM
PR Newswire (Canada)
TORONTO, April 27,
2022 /CNW/ - Asian Television Network
International Limited (ATN) Toronto Stock Exchange
Venture (TSXV: SAT) Canada's Pioneer South Asian
Broadcaster has released its audited consolidated financial and
operating results for the 12 months ended December 31, 2021, in accordance with
International Financial Reporting Standards ("IFRS").
|
2021
|
2020
|
Operating
revenue
|
$9,503,914
|
$10,075,256
|
Total operating
expenses
|
9,827,571
|
10,131,430
|
Net loss for the
year
|
(166,885)
|
(534,606)
|
Basic and Diluted
Loss per share
|
$(0.01)
|
$(0.02)
|
The EBITDA for the 12 months ended December 31, 2021 was $891,094.
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
Copyright 2022 Canada NewsWire
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