TORONTO , Nov. 25, 2022 /CNW/ - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV: SAT) Canada's pioneer South Asian broadcaster announces its third quarter 2022 consolidated financial and operating results for the three and nine months ended September 30, 2022 , in accordance with International Financial Reporting Standards ("IFRS").
Summarized Consolidated Financial Results
Nine months ended September 30, 2022 and September 30, 2021 .
Nine months ended September 30 | ||
2022 | 2021 | |
Operating revenue | $5,935,282 | $7,258,790 |
Total operating expenses | $6,837,762 | $7,859,330 |
Income (Loss) before tax | ($902,480) | ($600,540) |
Income tax recovery | - | - |
Net income (loss) for the year | ($902,480) | ($600,540) |
Basic and Diluted Loss per share | $(0.04) | $ (0.02) |
EBITDA | $551 | $290,555 |
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/November2022/25/c4287.html