ATN Announces its Audited Financial Results for the 12 Months Ended December 31, 2019
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Last update: Apr 27, 2020
ATN Announces its Audited Financial Results for the 12 Months Ended December 31, 2019
Canada NewsWire
TORONTO, April 27, 2020
TORONTO, April 27, 2020 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, 2019, in accordance with International Financial Reporting Standards ("IFRS").
|
2019 |
2018 |
|
|
Operating revenue |
$11,980,773 |
$14,829,631 |
|
Total operating expenses |
14,704,155 |
16,862,046 |
|
Loss before tax |
(2,723,382) |
(2,032,415) |
|
Income tax recovery |
(394,205) |
(530,702) |
|
Net loss for the year |
$(2,329,177) |
$(1,501,713) |
|
Basic and Diluted Loss per share |
$(0.10) |
$ (0.06) |
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
