From GlobeNewswire:

ZoomerMedia Limited reported financial results for the first quarter ended November 30, 2023. Revenues were $16.9 million, with operating expenses totaling $15.5 million. The Company posted a net loss of $0.23 million for the same period. EBITDA and Adjusted EBITDA were $1.4 million. In the comparative period in 2022, revenues were $17.6 million, operating expenses were $15.0 million, and Adjusted EBITDA was $2.6 million. Net income was $1.0 million. Detailed financial information and Management’s Discussion and Analysis for the first quarter of 2023 can be found on SEDAR’s website. ZoomerMedia operates multiple TV, radio, and print properties, along with digital publications.

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Read more: ZoomerMedia Limited Announces First Quarter 2023-24