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 .
Three months ended March 31, | |||||
2021 | 2020 | ||||
Operating revenue | $ | 2,333,658 | $ | 2,445,137 | |
Total operating expenses | 2,671,135 | 3,122,684 | |||
Loss before tax | (337,477) | (677,547) | |||
Income tax recovery | - | - | |||
Net loss for the year | $ | (337,477) | $ | (677,547) | |
Basic and Diluted Loss per share | $ | (0.01) | $ | (0.03) | |
EBITDA | $ (5,443) | $ (110,199) | |||
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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