Network Media Group Inc. (V:NTE)
Business Focus: Movie, TV Production & Distribution
| Sector: Consumer Cyclicals | Industry: Entertainment Production |
| Company Contact | |
| Address: | Suite 207 - 1525 West 8 Avenue VANCOUVER BC V6J 1T5 |
| Tel: | N/A |
| Website: | https://www.networkmediagroup.ca |
| IR: | See website |
| Key People | ||
| Ali Pejman Chairman of the Board | Paul Gertz President, Chief Operating Officer, Director | Derik A. Murray Chief Executive Officer, Director | Darren Battersby Chief Financial Officer |
| Business Overview |
| Network Media Group Inc. is a Canada-based company that develops, produces, and exploits film and television properties in addition to providing production services to third parties. The Company builds its production slate in two primary forms: documentary films and docu-series. The Company, through its subsidiary, Network Entertainment Inc., is a boutique film, television, and digital content production company that creates, finances, and produces programming for television, digital platforms, and movie audiences around the world. It focuses on developing its Non-Fungible Token (NFT) division. Network NFT Studios collaborates with IP owners, artists, and talents to create, distribute, and monetize digital collectible campaigns and related initiatives in the web3 universe. Network NFT Studios creates partnerships with creators from film, music, art, fashion, and sports to create NFT experiences and limited-edition collections. It works with broadcasters, distributors, and exhibitors. |
| Financial Overview |
| For the fiscal year ended 30 November 2023, Network Media Group Inc revenues decreased 43% to C$7.1M. Net loss totaled C$321K vs. income of C$597K. Revenues reflect Production revenue decrease of 85% to C$1.5M. Net loss reflects Selling and distribution increase from C$137K to C$416K (expense), Foreign exchange loss increase of 64% to C$182K (expense), Interest Exp-Net of Capitalized Interest increase of 63% to C$87K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $6.57M as of Nov 30, 2023 |
| Annual revenue (TTM): | $7.13M as of Nov 30, 2023 |
| EBITDA (TTM): | $2.59M as of Nov 30, 2023 |
| Net annual income (TTM): | -$0.32M as of Nov 30, 2023 |
| Free cash flow (TTM): | $3.80M as of Nov 30, 2023 |
| Net Debt Last Fiscal Year: | $1.22M as of Nov 30, 2023 |
| Shares outstanding: | 17,824,707 as of Nov 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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