AITVF Asian Television Network International Ltd featured news, full reports, and detailed charts
Asian Television Network International Ltd (AITVF/AITVF.PK) Wrap Up:
Asian Television Network International Limited engages in broadcasting specialty television primarily aimed at the South Asian community in Canada. It offers television programming in various South Asian languages. The company also provides video content on mobile phones. Its channels are distributed by cable and satellite companies. The company has programming alliances with various broadcasters, such as STAR INDIA PLUS, ZEE TV, B4U Movies, SONY ENTERTAINMENT TELEVISION, ZEE CINEMA, ALPHA PUNJABI, ARY DIGITAL, B4U Music, JAYA TV, ZEE GUJARATI, AASTHA, ATN BANGLA, NDTV 24x7, and Cricket Plus. As of December 31, 2008, it had a total of 14 licensed television channels, including 2 English language sports channels with primary focus on Commonwealth sports; an English language News channel from New Delhi, India; 6 Regional Language channels; 2 Hindi movie channels; a global music channel; and 2 general interest entertainment channels, including ATN's main flagship channel, which has Zee TV, ATN, and Star Plus programming. The company operated one South Asian radio channel on XM159 in North America. Asian Television Network International Limited is based in Newmarket, Canada.Asian Television Network International Ltd (AITVF:Pink OTC Markets Inc)
Snapshot of Asian Television Network International Ltd (AITVF)
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OPEN
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PREVIOUS CLOSE
$0.38
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
11/28/08 - $0.63
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52 WEEK LOW
12/16/08 - $0.19
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MARKET CAP
9.4M
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AVERAGE VOLUME 3 mo
0.0
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DILUTED EPS TTM
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SHARES OUTSTANDING
24.4M
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AITVF Does Not Pay Dividends
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P/E TTM
NM
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AITVF Top Compensated Officers
Executives, Board Directors
Key developments for Asian Television Network International Ltd (AITVF)
Asian Television Network International Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net earnings and comprehensive income of CAD 470,061 or CAD 0.02 per basic share on revenue of CAD 4,280,817 against net earnings and comprehensive income of CAD 471,277 or CAD 0.02 per basic share on revenue of CAD 3,796,587 in the same period of last year. Earnings from operation were CAD 750,378 against CAD 723,934 in the same period of last year. Earnings before income taxes were CAD 701,583 against CAD 737,522 in the same period of last year. Net cash provided by operating activities was CAD 784,511 against CAD 957,735 in the same period of last year. Property, plant and equipment was CAD 16,787 against CAD 58,200 in the same period of last year. For the six months ended June 30, 2009, the company reported net earnings and comprehensive income of CAD 706,891 or CAD 0.03 per basic share on revenue of CAD 7,830,582 against net earnings and comprehensive income of CAD 770,101 or CAD 0.03 per basic share on revenue of CAD 7,316,700 in the same period of last year. Earnings from operation were CAD 1,083,144 against CAD 1,183,186 in the same period of last year. Earnings before income taxes were CAD 1,052,909 against CAD 1,205,164 in the same period of last year. Net cash provided by operating activities was CAD 691,021 against CAD 1,599,442 in the same period of last year. Property, plant and equipment was CAD 134,770 against CAD 58,200 in the same period of last year.
Asian Television Network International Ltd. announced the launch of three new Chinese channels and six new South Asian channels on Rogers Cable in fall 2009. STAR ONE unleashes the next generation of Hindi entertainment with an innovative, diverse mix of programming and cutting edge production values that appeal to urban, upwardly mobile Indian audiences across the globe. STAR INDIA GOLD brings to audiences the best and biggest Bollywood blockbusters. With one of the large Indian film libraries in the world, STAR GOLD offers a wide variety of films for the entire family, showcasing legendary Bollywood stars and filmmakers. STAR NEWS offers viewers 24-hour Hindi news. It covers the full spectrum of news ranging from politics to business, investigative reports to consumer issues, and crime to the environment. STAR VIJAY is one of the most popular Tamil entertainment channels in India, Sri Lanka, Malaysia and Singapore. Programming on VIJAY caters to the distinctive Tamil culture, and has been making waves with innovative programs in a variety of genres including talent hunts, music shows, sitcoms, thrillers, reality shows and dramas as well as youth oriented programming. SET MAX is the Sony Entertainment Television Network channel that provides its viewers with the best of Hindi Movies from Bollywood. The channel will show some of the biggest old and new Bollywood blockbusters and broadcast many exclusive film-related programs. The channel is committed to offering the viewer a programming line-up that provides the best in Asian family entertainment. MH1 is one of the most popular Punjabi music and entertainment channels from Punjab, India. The channel broadcasts bhangra, indipop and various features in this genre. STAR CHINESE MOVIES brings viewers some of the best Chinese movies from the 1970s to 1990s with access to the contemporary Chinese film library. CHANNEL V TAIWAN: Channel (V) is Asia's trend-setting music and lifestyle channel featuring original programmes, latest chart-topping music videos, interviews with music stars, concerts and popular VJs. STAR CHINESE CHANNEL is STAR's flagship Mandarin channel in Taiwan and is popular among Chinese audiences across Asia. The channel presents a wide range of general entertainment programming including game shows, talk shows, contemporary and costume drama series.
Asian Television Network International Ltd. announced it has received approval from the Canadian Radio-television and Telecommunications Commission (CRTC) for ten more digital television licences to better serve the growing demand for movies, music, news, sports and entertainment in South Asian communities across Canada. The licences are for channels which will broadcast live news and sporting events from South Asia, Canada and other parts of the world, as well as movies and music.
AITVF Competitors
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Industry Analysis
| Valuation | AITVF | Industry Range |
| Price/Earnings | 20.0x |
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| Price/Sales | 0.8x |
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| Price/Book | 2.8x |
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| Price/Cash Flow | 6.5x |
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| TEV/Sales | 0.7x |
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AITVF transactions
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