VANCOUVER, BC, April 29, 2024 /CNW/ - Network Media Group Inc. (TSXV: NTE) (OTC: NETWF) ("Network" or "the Company") today reported financial results for the first quarter ended March 31, 2024 ("Q1 2024"), including three-month revenues of $2,128,816 (2023 - $1,828,115), a net loss of $605,971 (2023 – a net loss of $741,373) and Adjusted EBITDA loss of $362,747 (2023 – Adj. EBITDA loss of $436,898), and a backlog of $20.2M. On a per-share basis, the Company reports a loss of $0.03 per share (2023 – loss of $0.04) and an Adjusted EBITDA loss per share of $0.02 (2023 – loss of $0.02). 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 2024 FIRST QUARTER RESULTS
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