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