VANCOUVER, BC, April 26, 2023 /CNW/ - Network Media Group Inc. (TSXV: NTE) (OTC: NETWF) ("Network" or "the Company") today reported financial results for the first quarter ended February 28, 2023 ("Q1 2023"), including three-month revenues of $1,828,115 (2022 - $428,570), a net loss of $741,373 (2022 – a net loss of $853,375) and Adjusted EBITDA loss of $450,276 (2022 – loss of $527,772), and a backlog of $7.4M. On a per-share basis, the Company reports a loss of $0.01 per share (2022 – loss of $0.01) and an Adjusted EBITDA loss per share of $0.01 (2022 – loss of $0.01). 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 FIRST QUARTER RESULTS
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