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
| Nine months ended
| |||||||
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
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