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NETWORK MEDIA GROUP ANNOUNCES 2024 YEAR-END RESULTS

Newswire.ca - Mon Mar 31, 2025

VANCOUVER, BC, March 31, 2025 /CNW/ - Network Media Group Inc. (TSXV: NTE) (OTC: NETWF) ("Network" or "the Company") today reported annual results for the year ended November 30, 2024, including revenues of $11,231,656 (2023 - $7,127,055), a net loss of $1,910,857 (2023 – a net loss of $320,937) and Adjusted EBITDA loss of $262,275 (2023 – Adj. EBITDA of $169,350), and a backlog of $11.6 million. On a per-share basis, the Company reports a net loss of $0.11 per share (2023 – net income of $0.02) and an Adjusted EBITDA loss per share of $0.01 (2022 – Adj. EBITDA earnings of $0.01). 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.sedarplus.ca

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