TORONTO , Aug. 25, 2022 /CNW/ - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV: SAT) Canada's pioneer South Asian broadcaster announces its second quarter 2022 consolidated financial and operating results for the three and six months ended June 30, 2022 , in accordance with International Financial Reporting Standards ("IFRS").
Summarized Consolidated Financial Results
Three and six months ended June 30, 2022 and June 30, 2021 .
Six months ended June 30 | |||||||
2022 | 2021 | ||||||
Operating revenue | $3,953,085 | $4,880,314 | |||||
Total operating expenses | 4,601,047 | 5,385,393 | |||||
Income (Loss) before tax | (647,962) | (505,079) | |||||
Income tax recovery | - | - | |||||
Net income (loss) for the year | (647,962) | (505,079) | |||||
Basic and Diluted Loss per share | $(0.03) | $ (0.02) | |||||
EBITDA | $(4,247) | $120,799 | |||||
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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