Subject: ATN - June 30, 2025 - Press Release
Word Document
File: '\\swfile\EmailIn\20250829 102024 Attachment 1. ATN Q2 2025 press release 2025 (Final).docx'
NEWS RELEASE
FOR IMMEDIATE RELEASE
ATN REPORTS ITS SECOND QUARTER FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025.
TORONTO, CANADA August 29, 2025 - Asian Television Network International Limited (ATN) Toronto Stock Exchange Venture (TSXV-SAT) Canada's pioneer South Asian broadcaster announces its second quarter 2025 consolidated financial and operating results for the three and six-months ended June 30, 2025, in accordance with International Financial Reporting Standards ("IFRS").
Summarized Consolidated Financial Results
Three and Six months ended June 30, 2025 and June 30, 2024.
Three months ended
June 30,
Six months ended
June 30,
2025
2024
2025
2024
Operating revenue
$1,295,086
1,757,078
$3,035,088
$3,645,055
Total operating expenses
1,673,059
2,051,362
3,717,547
4,367,897
Income (Loss) before tax
(377,973)
(294,284)
(682,459)
(722,842)
Income tax recovery
-
-
-
-
Net income (loss) for the year
(377,973)
(294,284)
(682,459)
(722,842)
Basic and Diluted Loss per share
$(0.02)
$(0.01)
$(0.03)
$ (0.03)
EBITDA
($174,151)
$92,213
$ (267,708)
$31,202
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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