New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Market cap is less than US$10m (CA$1.14m market cap, or US$810.6k). Minor Risk Revenue is less than US$5m (CA$6.2m revenue, or US$4.4m). Reported Earnings • Aug 04
First half 2026 earnings released: CA$0.056 loss per share (vs CA$0.027 loss in 1H 2025) First half 2026 results: CA$0.056 loss per share (further deteriorated from CA$0.027 loss in 1H 2025). Revenue: CA$2.01m (down 20% from 1H 2025). Net loss: CA$1.06m (loss widened 122% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Annuncio • Jun 17
Network Media Group Inc. Appoints Darren Battersby to the Board of Directors Network Media Group Inc. announced the appointment of Darren Battersby to the board of directors. Mr. Battersby was the Chief Financial Officer of the Company for over 10 years, from October 2014 until his retirement in May 2025. As such, Darren is very familiar with the Company's operations. Mr. Battersby has extensive experience in financing, structuring, and operating start-up and growth companies across a variety of industries, including software development, film and entertainment, biotech, and high tech, both in the public and private sectors. Operating through his consulting company, Finance Matters Consulting Inc., Mr. Battersby has served as Chief Financial Officer for public companies, including Rainmaker Entertainment Inc., a division of WOW! Unlimited Media Inc. (TSXV: WOW), and JZR Gold Inc. (TSXV: JZR), as well as a number of other private companies. He qualified as a Chartered Professional Accountant in 1997 through the British Columbia Institute, articled at the accounting firm Ellis Foster (now Ernst & Young), and graduated from the Burnaby, British Columbia, campus of Simon Fraser University in 1994 with a Bachelor of Business Administration. Board Change • May 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Greg Zeschuk was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Apr 26
Network Media Group Inc. Announces Change to Management Network Media Group Inc. announced the appointment of Curtis White as an Executive Producer at Network Entertainment and his resignation as President of the Company. Annuncio • Apr 09
Network Media Group Inc. Announces Resignation of Trevor Treweeke from Board of Directors Network Media Group Inc. announces the resignation of Trevor Treweeke from the Board of Directors of the Company. Reported Earnings • Mar 31
Full year 2025 earnings released: CA$0.073 loss per share (vs CA$0.11 loss in FY 2024) Full year 2025 results: CA$0.073 loss per share (improved from CA$0.11 loss in FY 2024). Revenue: CA$6.69m (down 40% from FY 2024). Net loss: CA$1.31m (loss narrowed 31% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Board Change • Jan 15
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Greg Zeschuk was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Nov 16
Network Media Group Inc. Appoints Trevor Treweeke to Board of Directors Network Media Group Inc. announced the appointment of Trevor Treweeke to the Company's board of directors (the "Board"). Mr. Treweeke is a capital markets professional with more than 12 years of experience advising early-stage and small-cap companies on growth, financing, and corporate strategy. He has supported over $40 million in capital raises and contributed to CPC formations, go-public transactions, and M&A activities. He also serves as a Director of Cheelcare Inc. and advises several issuers on capital markets strategy and corporate development. Earlier in his career, Mr. Treweeke was an analyst with TMX Group, supporting transaction reviews for TSX Venture issuers. He holds a Bachelor of Arts in Economics from the University of Calgary. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: CA$0.008 (vs CA$0.043 loss in 3Q 2024) Third quarter 2025 results: EPS: CA$0.008 (up from CA$0.043 loss in 3Q 2024). Revenue: CA$2.85m (flat on 3Q 2024). Net income: CA$135.9k (up CA$905.3k from 3Q 2024). Profit margin: 4.8% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Annuncio • Oct 30
Network Media Group Inc. Announces Retirement of Ali Pejman as Chairman of the Board of Directors, Effective October 28,2025 Network Media Group Inc. announced that Ali Pejman has retired as Chairman of the Board of Directors, effective October 28,2025. Mr. Pejman joined Network's Board in October 2019, leading to a time of major upheaval in the entertainment industry brought on by the global pandemic and subsequent labor disruptions. His steady leadership helped guide Network through these unprecedented challenges. Since joining the Board, Mr. Pejman has been instrumental in supporting the Company's development and expansion of intellectual property, leading to the greenlighting of multiple documentaries and documentary series. He served as an Executive Producer on two of Network's most celebrated productions: the Emmy-nominated Sly Lives! (The Burden of Black Genius), which premiered at the 2025 Sundance Film Festival and launched on Hulu in partnership with Disney's Onyx Collective under the direction of Academy Award winner Ahmir "Questlove" Thompson, and Sidney, produced with Oprah Winfrey and directed by Reginald Hudlin for Apple TV+, which premiered at TIFF 2022 and received numerous accolades, including Best Documentary from the African American Film Critics Association and Outstanding Directing from the NAACP Image Awards. Mr. Pejman also played a guiding role in Network's acclaimed I Am film series, including documentaries on Raquel Welch, Steve McQueen, Luke Perry, Joe Frazier, Burt Reynolds, Jacqueline Kennedy Onassis, and Alfred Hitchcock. Annuncio • Oct 17
Network Media Group Inc. Announces the Resignation of Tim Gamble as Director Network Media Group Inc. reported the resignation of Tim Gamble from the board of directors of the Company. Mr. Gamble was appointed to the board in September 2021. Annuncio • Oct 11
Network Media Group Inc. announced that it has received CAD 0.65 million in funding On October 10, 2025, Network Media Group Inc. closed the transaction. The company announced that it has completed the previously announced non-brokered private placement offering of convertible debentures (the "Debentures") with gross proceeds of CAD 650,000 (the "Offering"). The principal sum of the Debentures bear interest at the rate of 12% per annum and mature on the date that is twenty-four (24) months from the date of issuance. The Offering is subject to certain conditions, including, but not limited to, receipt of final TSX Venture Exchange approval. The Debentures and Conversion Shares issuable upon the conversion thereof will be subject to a statutory hold period of four months and one day from the date of issuance. The issuance of the Settlement Shares are subject to the approval of the TSX Venture Exchange (the "TSXV"). The Settlement Shares will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws and the policies of the TSXV. Annuncio • Sep 30
Network Media Group Inc., Annual General Meeting, Dec 05, 2025 Network Media Group Inc., Annual General Meeting, Dec 05, 2025. Location: british columbia, vancouver Canada Annuncio • Sep 27
Network Media Group Inc. announced that it expects to receive CAD 0.65 million in funding Network Media Group Inc announced a non-brokered private placement to issue convertible debentures for aggregate gross proceeds of CAD 650,000 on September 26, 2025. The debentures will bear an interest rate at 12% per annum and will mature on the date that is twenty-four (24) months from the date of issuance. The debentures will be convertible into common shares of the company at a conversion price of CAD 0.5 per share. The Debentures and Conversion Shares issuable upon the conversion thereof, will be subject to a statutory hold period of four months and one day from the date of issuance. The transaction is expected to close on or before September 30, 2025. Reported Earnings • Aug 01
Second quarter 2025 earnings released: CA$0.043 loss per share (vs CA$0.042 loss in 2Q 2024) Second quarter 2025 results: CA$0.043 loss per share (further deteriorated from CA$0.042 loss in 2Q 2024). Revenue: CA$1.02m (down 66% from 2Q 2024). Net loss: CA$772.2k (loss widened 2.3% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Annuncio • Jul 25
Network Media Group Inc. Appoints Kevin Ma as Chief Financial Officer Network Media Group Inc. announced, further to the news release dated June 2, 2025, the appointment of Kevin Ma as the Company's Chief Financial Officer. Kevin is currently the principal of Calibre Capital Partners Corp., a corporate finance advisory firm, and has over 19 years of financial management and public company experience. Mr. Ma holds a Bachelor of Arts from the University of British Columbia and a Diploma in Accounting from the University of British Columbia. Mr. Ma currently serves as an officer and/or director of several publicly listed and private companies under Calibre Capital's portfolio of clients. Annuncio • Jun 03
Network Media Group Inc. Announces Resignation of Darren Battersby as CFO Network Media Group Inc. reported the resignation of Darren Battersby as the Company's CFO. Mr. Battersby was appointed as Network's CFO in October 2014 and has served in such capacity since that time. The Company is currently actively reviewing candidates for the CFO position. Reported Earnings • Apr 01
Full year 2024 earnings released: CA$0.11 loss per share (vs CA$0.018 loss in FY 2023) Full year 2024 results: CA$0.11 loss per share (further deteriorated from CA$0.018 loss in FY 2023). Revenue: CA$11.2m (up 58% from FY 2023). Net loss: CA$1.91m (loss widened 495% from FY 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 31
Second quarter 2024 earnings released: CA$0.042 loss per share (vs CA$0.037 loss in 2Q 2023) Second quarter 2024 results: CA$0.042 loss per share (further deteriorated from CA$0.037 loss in 2Q 2023). Revenue: CA$3.01m (up 138% from 2Q 2023). Net loss: CA$754.8k (loss widened 13% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Annuncio • Jul 09
Network Media Group Inc., Annual General Meeting, Sep 06, 2024 Network Media Group Inc., Annual General Meeting, Sep 06, 2024. Location: british columbia, vancouver Canada Annuncio • Jun 05
Network Media Group Inc. and Network Entertainment Inc. in Partnership with ABC News Studios and Neon Announce BRATS, from Director Andrew McCarthy, to Be Showcased June 7 At the 2024 Tribeca Film Festival Network Media Group Inc. and Network Entertainment Inc. in partnership with ABC News Studios and NEON, announced that BRATS, a new feature-length documentary from director Andrew McCarthy, will be showcased June 7, at the 2024 Tribeca Film Festival and will premiere June 13, on Hulu in the U.S. and later this summer on Disney+ in select territories. Announced earlier this year, BRATS looks at the iconic films of the 1980s that shaped a generation and the narrative that took hold when their young stars were branded the "Brat Pack." McCarthy reunites with his fellow Brat Packers — friends, colleagues, and former foes, including Rob Lowe, Demi Moore, Ally Sheedy, Emilio Estevez, Jon Cryer, Lea Thompson, and Timothy Hutton, many of whom he had not seen for over 30 years — to answer the question: What did it mean to be part of the Brat Pack McCarthy also sits down for a first-time conversation with writer David Blum, who fatefully coined the term Brat Pack in a 1985 New York Magazine cover story. BRATS is produced by Network Entertainment and NEON for ABC News Studios. Andrew McCarthy is the writer and director. The documentary is produced by Derik Murray and Adrian Buitenhuis. Brian Liebman and McCarthy are executive producers. NEON's Dan O'Meara and Tom Quinn and Network Entertainment's Brian Gersh, Paul Gertz, and Kent Wingerak are executive producers. For ABC News Studios, Victoria Thompson is executive producer, and David Sloan is senior executive producer. ABC News Studios is led by Mike Kelley. Reported Earnings • May 01
First quarter 2024 earnings released: CA$0.034 loss per share (vs CA$0.042 loss in 1Q 2023) First quarter 2024 results: CA$0.034 loss per share (improved from CA$0.042 loss in 1Q 2023). Revenue: CA$2.13m (up 16% from 1Q 2023). Net loss: CA$606.0k (loss narrowed 18% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2023 earnings released: CA$0.018 loss per share (vs CA$0.034 profit in FY 2022) Full year 2023 results: CA$0.018 loss per share (down from CA$0.034 profit in FY 2022). Revenue: CA$7.13m (down 43% from FY 2022). Net loss: CA$320.9k (down 154% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. New Risk • Feb 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 28% per year over the past 5 years. Market cap is less than US$10m (CA$3.21m market cap, or US$2.39m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CA$0.045 (vs CA$0.15 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.045 (down from CA$0.15 in 3Q 2022). Revenue: CA$2.64m (down 72% from 3Q 2022). Net income: CA$805.7k (down 65% from 3Q 2022). Profit margin: 31% (up from 24% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Annuncio • Sep 30
Network Media Group Inc., Annual General Meeting, Dec 08, 2023 Network Media Group Inc., Annual General Meeting, Dec 08, 2023. Reported Earnings • Aug 01
Second quarter 2023 earnings released: CA$0.007 loss per share (vs CA$0.015 loss in 2Q 2022) Second quarter 2023 results: CA$0.007 loss per share (improved from CA$0.015 loss in 2Q 2022). Revenue: CA$1.27m (up 137% from 2Q 2022). Net loss: CA$665.9k (loss narrowed 41% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Board Change • May 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Tim Gamble was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • May 18
Network Media Group Inc. Announces Retirement of Steven Kotlowitz as Board Member Network Media Group Inc. announced the retirement of Board Member Steven Kotlowitz. Mr. Kotlowitz has served as a Board Member of Network Media Group since 2012. Mr. Kotlowitz's sterling pedigree in sports was a tremendous asset to the Company in its early productions, and his deep experience throughout all aspects of the entertainment industry was evident during the course of his Network tenure, manifesting in his duties as an executive producer on 12 of the films in Network's acclaimed I AM franchise of feature documentaries on the world's most celebrated icons. Network has not yet appointed a successor for Mr. Kotlowitz and will conduct a comprehensive search of internal and external candidates over the coming months. Annuncio • May 16
Network Media Group Inc. Announces the Appointment of Curtis White as President Network Media Group Inc. announced the appointment of Curtis White as President of Network Media Group. Curtis was part of the founding group at Thunderbird Entertainment. Curtis spent more than a decade with Thunderbird steering the company's Business Development, Corporate Finance, and Investor Relations initiatives. Since 2019, Mr. White has been a Managing Partner of Caliber Ventures, a B.C.-based venture capital group that provides financing and advisory services for emerging technology and media companies. Caliber's investments and activities have spanned a number of sectors, including film and television, artificial intelligence, fan engagement tools, advertising, and insurance technology. Mr. White is a graduate of the Sauder School of Business at the University of British Columbia, with a Bachelor of Commerce Degree in Finance (Honours). Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: CA$0.007 (vs CA$0.033 loss in FY 2021) Full year 2022 results: EPS: CA$0.007 (up from CA$0.033 loss in FY 2021). Revenue: CA$12.4m (up 252% from FY 2021). Net income: CA$597.4k (up CA$3.09m from FY 2021). Profit margin: 4.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Annuncio • Nov 16
Network Entertainment's Feature Documentary Anne Murray Network Media Group Inc. and Network Entertainment Inc. ("Network" or the "Company") announced that the U.S. multi-platform launch of its feature documentary Anne Murray: Full Circle is releasing on HD digital on November 15, 2022, and on DVD December 13, 2022. The film is available for rent or download across VOD platforms including Amazon Prime Video, Apple TV, YouTube, Google Play, VUDU, Video on Demand, Kino Now, and TML. DVD format will be available on Amazon, and online at Walmart, Best Buy, Barnes, and Target. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CA$0.031 (vs CA$0.008 loss in 3Q 2021) Third quarter 2022 results: EPS: CA$0.031 (up from CA$0.008 loss in 3Q 2021). Revenue: CA$9.51m (up CA$8.41m from 3Q 2021). Net income: CA$2.31m (up CA$2.89m from 3Q 2021). Profit margin: 24% (up from net loss in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Annuncio • Oct 07
Network Media Group Inc., Annual General Meeting, Dec 16, 2022 Network Media Group Inc., Annual General Meeting, Dec 16, 2022. Location: Vancouver, BC Vancouver Canada Reported Earnings • Jul 29
Second quarter 2022 earnings released: CA$0.015 loss per share (vs CA$0.008 loss in 2Q 2021) Second quarter 2022 results: CA$0.015 loss per share (down from CA$0.008 loss in 2Q 2021). Revenue: CA$534.5k (down 57% from 2Q 2021). Net loss: CA$1.12m (loss widened 80% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Annuncio • Jun 17
Network Media Group Inc. Appoints Brian Gersh as President of Network Entertainment USA Network Media Group Inc. announced the appointment of Brian Gersh as President of Network Entertainment USA. Gersh, a veteran entertainment executive based in Los Angeles, has three decades of experience in Hollywood, during which he has developed deep relationships with diverse A-list talent across the board, including writers, directors, actors, and musicians, while playing a key role in greenlighting scores of film and television projects across the globe. Prior to joining Network in 2018, Gersh was the Head of the Talent Department at Triad Artists, Co-Head of the Motion Picture Department at the William Morris Agency, and a Partner at the Talent Entertainment Group, a leading talent management company that became Management 360. In his new role, Gersh will be responsible for leading Network's U.S. operations, overseeing sales and partnership initiatives, maintaining strategic contacts with existing commercial partners, developing new partnerships, managing the Company's agency representation, and continuing to expand Network's footprint in the U.S. and global marketplace. Buying Opportunity • May 05
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be CA$0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 28
First quarter 2022 earnings released: CA$0.011 loss per share (vs CA$0.007 loss in 1Q 2021) First quarter 2022 results: CA$0.011 loss per share (down from CA$0.007 loss in 1Q 2021). Revenue: CA$428.6k (up 19% from 1Q 2021). Net loss: CA$853.4k (loss widened 54% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 01
Full year 2021 earnings released: CA$0.033 loss per share (vs CA$0.021 profit in FY 2020) Full year 2021 results: CA$0.033 loss per share (down from CA$0.021 profit in FY 2020). Revenue: CA$3.53m (down 64% from FY 2020). Net loss: CA$2.50m (down 265% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Annuncio • Nov 24
Network Media Group Inc and Network Entertainment Inc. Announces Its New Feature Length Documentary, Anne Murray Network Media Group Inc. and Network Entertainment Inc. announced its new feature length documentary, Anne Murray: Full Circle, will premiere as a special one-night cinema event at select Cineplex theatres across the country on December 2, followed by its exclusive broadcast and streaming launch on CBC TV and CBC Gem on December 17, 2021. The film is directed by Morgan Elliott and Adrian Buitenhuis and produced by Network's Lynn Fuhr, John Barbisan, and Adrian Buitenhuis; with Executive Producers Derik Murray, Bruce Allen, Darlene Sawyer, Tim Gamble, Jesse James Miller; and Universal Music Canada'sJeffrey Remedios, Dave Harris, and Sam Sutherland. For CBC, Sally Catto is General Manager, Entertainment, Factual, & Sports; Jennifer Dettman is Executive Director, Unscripted Content; Sandra Kleinfeld is Senior Director, Documentary; and Mike Miner is Executive in Charge of Production, CBC Docs. Cineplex will hold a special one-night screening event of the film in 50 theatres across Canada on December 2, 2021. Reported Earnings • Oct 30
Third quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.001 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CA$1.09m (up 7.8% from 3Q 2020). Net loss: CA$579.0k (down CA$685.3k from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Oct 03
Independent Director Michael McIsaac has left the company On the 27th of September, Michael McIsaac's tenure as Independent Director ended after 3.1 years in the role. As of June 2021, Michael still personally held 445.00k shares (CA$78k worth at the time). Michael is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 8.42 years. Board Change • Sep 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Greg Zeschuk was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 28
Second quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.009 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CA$1.23m (down 55% from 2Q 2020). Net loss: CA$620.9k (down 193% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 03
First quarter 2021 earnings released: CA$0.007 loss per share (vs CA$0.004 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: CA$361.2k (down 91% from 1Q 2020). Net loss: CA$552.8k (down 285% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CA$0.021 (vs CA$0.055 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$9.92m (down 39% from FY 2019). Net income: CA$1.52m (down 62% from FY 2019). Profit margin: 15% (down from 25% in FY 2019). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 07
New 90-day high: CA$0.20 The company is up 37% from its price of CA$0.15 on 09 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 70% over the same period. Reported Earnings • Oct 31
Third quarter earnings released Over the last 12 months the company has reported total profits of CA$3.56m, up 215% from the prior year. Total revenue was CA$17.8m over the last 12 months, up 142% from the prior year.