ATN REPORTS AUDITED NET LOSS OF 156,772 FOR THE 12 MONTHS ENDED DECEMBER 31, 2021 VS A NET LOSS OF 534,606 FOR THE PREVIOUS YEAR

TORONTO, April 27, 2022 /CNW/ – Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV: SAT) Canada’s pioneering South Asian broadcaster has released its audited consolidated financial and operating results for the 12 months ended December 31, 2021in accordance with International Financial Reporting Standards (“IFRS”).


2021

2020

Operating revenue

$9,503,914

$10,075,256

Total operating expenses

9,827,571

10,131,430

Net loss for the year

(166,885)

(534,606)

Basic and diluted loss per share

$(0.01)

$(0.02)

EBITDA for the 12 months ended December 31, 2021 been $891,094.

For more details, please consult the management report and the complete financial statements filed on SEDAR.

We are a Canadian media company. ATN dessert from Canada various cultural communities with more than 50 specialized television channels. We are listed on the Toronto Stock Exchange (TSXV-SAT). For more information, please visit www.asiantelevision.com

We seek shelter.

SOURCE Asian Television Network International Limited

For further information: A. Bhandari, Chief Financial Officer, Asian Television Network International Limited, Markham, Ontario L3R 8E4, 905-948-8199.

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