ATN Announces Its Audited Financial Results for the 12 Months Ended December 31, 2020
TORONTO, April 27, 2021 /CNW/ - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV: SAT) Canada's Pioneer South Asian Broadcaster has released its audited consolidated financial and operating results for the 12 months ended December 31, 2020, in accordance with International Financial Reporting Standards ("IFRS").
2020 |
2019 |
|
Operating revenue |
$10,075,256 |
$11,980,773 |
Total operating expenses |
10,131,430 |
14,704,155 |
Loss before tax |
(56,174) |
(2,723,382) |
Income tax expense (recovery) |
478,432 |
(394,205) |
Net loss for the year |
(534,606) |
(2,329,177) |
Basic and Diluted Loss per share |
$(0.02) |
$(0.10) |
EBITDA |
$1,593,329 |
$(585,345) |
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
FOR MORE INFORMATION: A. Bhandari, CFO, Asian Television Network International Limited, Markham, Ontario L3R 8E4, 905-948-8199
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