VANCOUVER, BC, April 2, 2024 /CNW/ - Network Media Group Inc. (TSXV: NTE) (OTC: NETWF) ("Network" or "the Company") today reported annual results for the year ended November 30, 2023, including revenues of $7,127,055 (2022 - $12,433,913), a net loss of $320,937 (2022 – a net income of $597,379) and Adjusted EBITDA of $169,350 (2022 – Adj. EBITDA of $1,785,442), and a backlog of $22.7 million. On a per-share basis, the Company reports a net loss of $0.02 per share (2022 – net income of $0.03) and an Adjusted EBITDA income per share of $0.01 (2022 – Adj. EBITDA income of $0.10). The income per share figures are reported on a post-consolidation basis. The financial statements and related Management's Discussion and Analysis ("MD&A") can be viewed on SEDAR at www.sedar.com.
Read more at newswire.caNETWORK MEDIA GROUP ANNOUNCES 2023 YEAR-END RESULTS
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