TORONTO , Aug. 26, 2021 /CNW/ - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV: SAT) Canada's pioneer South Asian broadcaster announces its second quarter 2021 consolidated financial and operating results for the three and six months ended June 30, 2021 , in accordance with International Financial Reporting Standards ("IFRS").
Summarized Consolidated Financial Results
Three and six months ended June 30, 2021 and June 30, 2020 .
Three months ended June 30, | Six months ended June 30, | ||||
2021 | 2020 | 2021 | 2020 | ||
Operating revenue | $2,546,656 | $2,223,981 | $4,880,314 | $4,669,119 | |
Total operating expenses | 2,714,259 | 2,530,787 | 5,385,393 | 5,653,470 | |
Income (Loss) before tax | (167,603) | (306,806) | (505,079) | (984,351) | |
Income tax recovery | - | - | - | - | |
Net income (loss) for the year | (167,603) | (306,806) | (505,079) | (984,351) | |
Basic and Diluted Loss per share | $(0.01) | $(0.01) | $(0.02) | $(0.04) | |
EBITDA | $359,199 | $161,704 | $120,799 | $51,507 | |
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
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2021/26/c9161.html