sorry can't find the thread on this one that i started a while back.
huge earnings. this is going to 2 dollars.
Asian Television earns $4.12-million in 2005
2006-03-21 13:32 ET - News Release
Mr. B. Fulton reports
ATN ANNOUNCES RECORD YEAR END RESULTS
Asian Television Network International Ltd. (ATN) has provided financial results for the year ended Dec. 31, 2005. The company had a record year revenue of $7,269,400, a 51.1-per-cent increase over 2004. Net earnings from operations for 2005 were also record breaking at $1,460,995 and exceeding 2004 by $1,006,615, or 221.5 per cent. This was also the company's third consecutive year of positive net earnings. In addition, net earnings after income taxes, includes a non-cash $2,662,000 future income tax recovery. The final earnings for the year are $4,122,995, as compared with Dec. 31, 2004, of $454,380.
FINANCIAL HIGHTLIGHTS
Year ended Dec. 31
2005 2004
Revenue $7,269,400 $4,813,482
EBITDA
(earnings
before
interest,
taxes,
depreciation
and
amortization) $2,025,330 $ 935,142
Earnings
per share $ 0.08 $ 0.04
Net earnings
before taxes $1,460,995 $ 454,380
Earnings
per share $ 0.06 $ 0.02
Net earnings
after taxes $4,122,995 $ 454,380
Earnings
per share $ 0.17 $ 0.02
huge earnings. this is going to 2 dollars.
Asian Television earns $4.12-million in 2005
2006-03-21 13:32 ET - News Release
Mr. B. Fulton reports
ATN ANNOUNCES RECORD YEAR END RESULTS
Asian Television Network International Ltd. (ATN) has provided financial results for the year ended Dec. 31, 2005. The company had a record year revenue of $7,269,400, a 51.1-per-cent increase over 2004. Net earnings from operations for 2005 were also record breaking at $1,460,995 and exceeding 2004 by $1,006,615, or 221.5 per cent. This was also the company's third consecutive year of positive net earnings. In addition, net earnings after income taxes, includes a non-cash $2,662,000 future income tax recovery. The final earnings for the year are $4,122,995, as compared with Dec. 31, 2004, of $454,380.
FINANCIAL HIGHTLIGHTS
Year ended Dec. 31
2005 2004
Revenue $7,269,400 $4,813,482
EBITDA
(earnings
before
interest,
taxes,
depreciation
and
amortization) $2,025,330 $ 935,142
Earnings
per share $ 0.08 $ 0.04
Net earnings
before taxes $1,460,995 $ 454,380
Earnings
per share $ 0.06 $ 0.02
Net earnings
after taxes $4,122,995 $ 454,380
Earnings
per share $ 0.17 $ 0.02



