Asian Television Network International Limited
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 1.3M | 1.3M | 1.7M | 1.3M | 1.6M | -- |
| Operating Revenue | 1.3M | 1.3M | 1.7M | 1.3M | 1.6M | -- |
| Selling General And Administration | 1.2M | 1.4M | 1.7M | 2.7M | 1.2M | -- |
| General And Administrative Expense | 71,797 | 481,611 | 484,303 | 897,161 | 216,246 | -- |
| Depreciation And Amortization In Income Statement | 159,962 | 161,760 | 158,165 | 146,585 | 158,257 | -- |
| Other Operating Expenses | 346,908 | 107,674 | 195,402 | 12,327 | 360,690 | -- |
| Operating Expense | 1.7M | 1.7M | 2.0M | 2.8M | 1.7M | -- |
| Operating Income | -413,465 | -370,905 | -270,075 | -1.5M | -110,419 | -- |
| EBIT | -418,226 | -360,773 | -286,373 | -1.5M | -110,770 | -- |
| Interest Expense | 15,910 | 17,200 | 18,113 | 63,381 | 20,496 | -- |
| Interest Expense Non Operating | 15,910 | 17,200 | 18,113 | 63,381 | 20,496 | -- |
| Net Interest Income | -15,910 | -17,200 | -18,113 | -63,381 | -20,496 | -- |
| Other Income Expense | -4,761 | 10,132 | -16,298 | -16,008 | -352.00 | -- |
| Gain On Sale Of Security | -4,761 | 10,132 | -16,298 | -16,008 | -352.00 | -- |
| Pretax Income | -434,136 | -377,973 | -304,486 | -1.6M | -131,266 | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -434,136 | -377,973 | -304,486 | -1.6M | -131,266 | -- |
| Net Income From Continuing Operation Net Minority Interest | -434,136 | -377,973 | -304,486 | -1.6M | -131,266 | -- |
| Net Income Including Noncontrolling Interests | -434,136 | -377,973 | -304,486 | -1.6M | -131,266 | -- |
| Net Income Common Stockholders | -434,136 | -377,973 | -304,486 | -1.6M | -131,266 | -- |
| Net Income | -434,136 | -377,973 | -304,486 | -1.6M | -131,266 | -- |
| EBITDA | -225,727 | -174,151 | -93,557 | -1.4M | 139,086 | -- |
| Normalized EBITDA | -220,966 | -184,283 | -77,259 | -1.3M | 139,438 | -- |
| Reconciled Depreciation | 192,499 | 186,622 | 192,816 | 69,560 | 249,856 | -- |
| Basic EPS | -0.02 | -0.02 | -0.01 | -- | -0.01 | -0.01 |
| Diluted EPS | -0.02 | -0.02 | -0.01 | -- | -0.01 | -0.01 |
| Basic Average Shares | 24.4M | 24.4M | 24.4M | -- | 24.4M | 24.4M |
| Diluted Average Shares | 24.4M | 24.4M | 24.4M | -- | 24.4M | 24.4M |
| Total Unusual Items | -4,761 | 10,132 | -16,298 | -16,008 | -352.00 | -- |
| Total Unusual Items Excluding Goodwill | -4,761 | 10,132 | -16,298 | -16,008 | -352.00 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -429,375 | -388,105 | -288,188 | -1.6M | -130,914 | -- |
| Amortization | -- | -- | -- | -- | -- | 89,350 |
| Amortization Of Intangibles Income Statement | -- | -- | -- | -- | -- | 89,350 |
| Depletion Income Statement | -- | -- | -- | -- | -- | 10,653 |
| Depreciation Amortization Depletion Income Statement | 159,962 | 161,760 | 158,165 | 146,585 | 158,257 | -- |
| Depreciation Income Statement | 159,962 | -- | -- | -- | 158,257 | 171,466 |
| Diluted NI Availto Com Stockholders | -434,136 | -377,973 | -304,486 | -1.6M | -131,266 | -- |
| Net Income Continuous Operations | -434,136 | -377,973 | -304,486 | -1.6M | -131,266 | -- |
| Net Non Operating Interest Income Expense | -15,910 | -17,200 | -18,113 | -63,381 | -20,496 | -- |
| Salaries And Wages | 71,797 | 481,611 | 484,303 | 897,161 | 216,246 | -- |
| Selling And Marketing Expense | 1.1M | 914,946 | 1.2M | 1.8M | 992,254 | -- |
| Total Expenses | 1.7M | 1.7M | 2.0M | 2.8M | 1.7M | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 3,138 | 0.00 | 55,384 | 159,609 | 242,499 | -- |
| Cash Cash Equivalents And Short Term Investments | 3,138 | 0.00 | 55,384 | 159,609 | 266,699 | -- |
| Cash Financial | 3,138 | -- | 55,384 | 159,609 | 242,499 | 207,302 |
| Other Short Term Investments | -- | -- | 0.00 | -- | 24,200 | 500,000 |
| Accounts Receivable | 1.2M | 1.1M | 1.0M | 1.2M | 1.7M | -- |
| Receivables | 1.2M | 1.1M | 1.0M | 1.2M | 2.0M | -- |
| Current Assets | 1.7M | 1.6M | 1.6M | 1.9M | 2.8M | -- |
| Gross PPE | 10.3M | 10.3M | 10.2M | 10.1M | 10.3M | -- |
| Accumulated Depreciation | -9.2M | -9.0M | -8.8M | -8.6M | -8.5M | -- |
| Net PPE | 1.1M | 1.2M | 1.4M | 1.5M | 1.9M | -- |
| Goodwill And Other Intangible Assets | 263,125 | 281,508 | 265,000 | 265,000 | 362,274 | -- |
| Other Intangible Assets | 263,125 | 281,508 | 265,000 | 265,000 | 362,274 | -- |
| Investments And Advances | -- | -- | -- | 0.00 | 0.00 | 610,000 |
| Total Non Current Assets | 1.3M | 1.5M | 1.7M | 1.8M | 2.2M | -- |
| Total Assets | 3.1M | 3.1M | 3.2M | 3.7M | 5.0M | -- |
| Current Debt | 248,983 | 512,756 | 318,653 | 238,493 | 227,882 | -- |
| Current Debt And Capital Lease Obligation | 848,387 | 1.1M | 908,597 | 823,767 | 812,980 | -- |
| Accounts Payable | 4.8M | 4.2M | 3.7M | 3.6M | 3.8M | -- |
| Payables | 4.8M | 4.2M | 3.7M | 3.6M | 3.8M | -- |
| Payables And Accrued Expenses | 5.3M | 4.5M | 4.3M | 4.0M | 4.3M | -- |
| Current Accrued Expenses | 557,454 | 365,151 | 645,153 | 440,259 | 484,200 | -- |
| Current Deferred Revenue | 10,233 | 0.00 | 7,000 | 364,000 | 111,000 | -- |
| Other Current Liabilities | -- | -- | -- | -- | -- | 1.00 |
| Current Liabilities | 6.2M | 5.6M | 5.3M | 5.2M | 5.2M | -- |
| Long Term Debt | 18,315 | 20,624 | 22,891 | 25,115 | -- | 1.3M |
| Long Term Debt And Capital Lease Obligation | 428,715 | 582,667 | 735,323 | 886,800 | 668,727 | -- |
| Long Term Capital Lease Obligation | 410,400 | 562,043 | 712,432 | 861,685 | 668,727 | -- |
| Other Non Current Liabilities | -- | -- | -- | -- | -- | 1.00 |
| Total Non Current Liabilities Net Minority Interest | 428,715 | 582,667 | 735,323 | 886,800 | 668,727 | -- |
| Total Liabilities Net Minority Interest | 6.6M | 6.2M | 6.0M | 6.1M | 5.9M | -- |
| Common Stock | 6.0M | 6.0M | 6.0M | 6.0M | -- | -- |
| Capital Stock | 6.0M | 6.0M | 6.0M | 6.0M | -- | -- |
| Retained Earnings | -9.6M | -9.2M | -8.8M | -8.5M | -- | -- |
| Common Stock Equity | -3.6M | -3.1M | -2.7M | -2.4M | -870,314 | -- |
| Stockholders Equity | -3.6M | -3.1M | -2.7M | -2.4M | -870,314 | -- |
| Total Equity Gross Minority Interest | -3.6M | -3.1M | -2.7M | -2.4M | -870,314 | -- |
| Total Capitalization | -3.5M | -3.1M | -2.7M | -2.4M | -870,314 | -- |
| Net Tangible Assets | -3.8M | -3.4M | -3.0M | -2.7M | -1.2M | -- |
| Tangible Book Value | -3.8M | -3.4M | -3.0M | -2.7M | -1.2M | -- |
| Working Capital | -4.5M | -4.0M | -3.7M | -3.3M | -2.4M | -- |
| Invested Capital | -3.3M | -2.6M | -2.4M | -2.2M | 227,882 | -- |
| Total Debt | 1.3M | 1.7M | 1.6M | 1.7M | 1.5M | -- |
| Net Debt | 264,160 | 533,380 | 286,160 | 103,999 | -- | 1.5M |
| Share Issued | 24.4M | 24.4M | 24.4M | 24.4M | 24.4M | -- |
| Ordinary Shares Number | 24.4M | 24.4M | 24.4M | 24.4M | 24.4M | -- |
| Allowance For Doubtful Accounts Receivable | -67,287 | -73,919 | -178,569 | -171,862 | -- | 0.00 |
| Buildings And Improvements | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | -- |
| Capital Lease Obligations | 1.0M | 1.2M | 1.3M | 1.4M | 1.3M | -- |
| Current Capital Lease Obligation | 599,404 | 594,600 | 589,944 | 585,274 | 585,098 | -- |
| Current Deferred Liabilities | 10,233 | 0.00 | 7,000 | 364,000 | 111,000 | -- |
| Current Notes Payable | -- | -- | -- | 0.00 | 0.00 | -- |
| Gross Accounts Receivable | 1.3M | 1.1M | 1.2M | 1.4M | -- | 2.1M |
| Leases | 480,955 | 480,955 | 480,955 | 466,580 | 535,523 | -- |
| Line Of Credit | 240,000 | 503,939 | 310,000 | 230,000 | 220,000 | -- |
| Machinery Furniture Equipment | 887,828 | 887,828 | 887,827 | 887,827 | 887,826 | -- |
| Other Current Borrowings | 8,983 | 8,817 | 8,653 | 8,493 | 7,882 | -- |
| Other Properties | 6.0M | 6.0M | 5.9M | 5.9M | 6.1M | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Restricted Cash | 524,200 | 524,200 | 524,200 | 524,200 | 500,000 | -- |
| Taxes Receivable | -- | -- | -- | 0.00 | 369,464 | 369,464 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 430,213 | -60,119 | 11,449 | -689,712 | 1.2M | -- |
| Cash Flow From Continuing Operating Activities | 430,213 | -60,117 | 11,449 | -1.2M | 1.2M | -- |
| Depreciation And Amortization | 192,499 | 186,622 | 192,816 | 69,560 | 249,856 | -- |
| Depreciation Amortization Depletion | 192,499 | 186,622 | 192,816 | 69,560 | 249,856 | -- |
| Deferred Tax | -- | -- | -- | -- | -- | 0.00 |
| Deferred Income Tax | -- | -- | -- | -- | -- | 0.00 |
| Change In Working Capital | 671,849 | 131,234 | 123,119 | 304,335 | 1.0M | -- |
| Changes In Account Receivables | -- | -- | -- | -- | -- | 154,275 |
| Change In Receivables | -146,512 | -60,125 | 177,550 | 472,520 | 441,819 | -- |
| Change In Payables And Accrued Expense | 808,128 | 198,359 | 302,569 | -168,185 | 605,527 | -- |
| Change In Payable | -- | -- | -- | -- | 605,527 | -- |
| Change In Other Working Capital | 10,233 | -7,000 | -357,000 | -- | -- | -- |
| Other Non Cash Items | 15,910 | 17,198 | 18,113 | 571,232 | 20,495 | -- |
| Capital Expenditure | -14,154 | -41,370 | -49,026 | -- | -301,807 | -117,987 |
| Purchase Of PPE | 0.00 | 0.00 | -14,375 | -- | -31,508 | -117,987 |
| Net PPE Purchase And Sale | 0.00 | 0.00 | -14,375 | -- | -31,508 | -117,987 |
| Net Investment Purchase And Sale | 0.00 | 0.00 | 0.00 | 0.00 | 585,800 | -- |
| Investing Cash Flow | -14,154 | -41,370 | -49,026 | 377,962 | 283,993 | -- |
| Cash Flow From Continuing Investing Activities | -14,154 | -41,370 | -49,026 | 377,962 | 283,993 | -- |
| Issuance Of Debt | 4,970 | 203,590 | -- | -- | 0.00 | 140,000 |
| Repayment Of Debt | -417,891 | -157,485 | -146,647 | 184,876 | -1.4M | -- |
| Net Issuance Payments Of Debt | -412,921 | 46,105 | -66,647 | 228,227 | -1.4M | -- |
| Financing Cash Flow | -412,921 | 46,105 | -66,647 | 228,860 | -1.4M | -- |
| Cash Flow From Continuing Financing Activities | -412,921 | 46,105 | -66,647 | 228,227 | -1.4M | -- |
| Changes In Cash | 3,138 | -55,384 | -104,224 | -82,890 | 35,197 | -- |
| Beginning Cash Position | 0.00 | 55,384 | 159,608 | 242,499 | 207,302 | -- |
| End Cash Position | 3,138 | 0.00 | 55,384 | 159,609 | 242,499 | -- |
| Free Cash Flow | 416,059 | -101,489 | -37,577 | -311,750 | 864,127 | -- |
| Amortization Cash Flow | 32,537 | 24,862 | 34,651 | -77,025 | 91,599 | -- |
| Amortization Of Intangibles | 32,537 | 24,862 | 34,651 | -77,025 | 91,599 | -- |
| Asset Impairment Charge | 0.00 | 0.00 | 0.00 | -- | 0.00 | -- |
| Change In Account Payable | -- | -- | -- | -- | 605,527 | -- |
| Change In Prepaid Assets | -- | -- | -- | -- | 0.00 | -- |
| Depreciation | 159,962 | 161,760 | 158,165 | 146,585 | 158,257 | -- |
| Interest Paid Cfo | -15,909 | -17,200 | -18,113 | -63,381 | -20,496 | -- |
| Long Term Debt Issuance | 4,970 | 203,590 | -- | -- | 0.00 | 140,000 |
| Long Term Debt Payments | -417,891 | -157,485 | -146,647 | 184,876 | -1.4M | -- |
| Net Income From Continuing Operations | -434,136 | -377,973 | -304,486 | -1.6M | -131,267 | -- |
| Net Intangibles Purchase And Sale | -14,154 | -41,370 | -34,651 | 174,299 | -270,299 | -- |
| Net Long Term Debt Issuance | -412,921 | 46,105 | -146,647 | 184,876 | -1.4M | -- |
| Net Other Investing Changes | -- | -- | -- | -- | -- | 833.00 |
| Net Short Term Debt Issuance | -- | -- | 80,000 | 43,351 | -775,000 | 140,000 |
| Purchase Of Intangibles | -14,154 | -41,370 | -34,651 | 174,299 | -270,299 | -- |
| Taxes Refund Paid | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 |