ATN reports consolidated financial results for the period ended December 31, 2024
May 01, 2025
TORONTO, CANADA April 30, 2025 - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV-SAT) Canada’s pioneer South Asian broadcaster announces its fourth quarter 2024 consolidated financial and operating results for the twelve months ended December 31, 2024, in accordance with International Financial Reporting Standards (“IFRS”).
Summarized Consolidated Financial Results
Twelve months ended December 31, 2024 and December 31, 2023
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2024
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2023
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Operating revenue
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$ 6,593,342
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$ 7,270,635
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Total operating expenses
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9,061,846
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8,700,107
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Income (Loss) before tax
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(2,468,504)
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(1,429,472)
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Income tax recovery
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-
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-
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Net income (loss) for the year
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(2,468,504)
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(1,429,472)
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Basic and Diluted Loss per share
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$ (0.10)
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$ (0.06)
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EBITDA
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$ (1,686,635)
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$ (592,507)
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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
FOR MORE INFORMATION:
Ankit Bhandari
CFO
Asian Television Network International Limited
Markham, Ontario L3R 8E4
647-406-2791
We seek safe harbor.
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