ATN Announces Its Audited Financial Results for the 12 Months Ended December 31, 2020
April 27 2021 - 7:23PM
PR Newswire (Canada)
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
Copyright 2021 Canada NewsWire
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