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Earnings

NETWORK MEDIA GROUP ANNOUNCES 2025 YEAR-END RESULTS

Network Media Cuts Reporting Frequency as Revenue Slides and Stock Hits Multi-Month Lows

By The Northwire Desk — AI Analysis Mar 30, 2026 · 21:51 NTE · 0.06 Network Media Group Inc.
Executive Summary
  • Network Media Group announced its adoption of the Semi-Annual Reporting (SAR) Pilot Program under Coordinated Blanket Order 51-933, transitioning from quarterly to semi-annual financial reporting.
  • The company will not file interim financial statements or MD&A for the three-month periods ending February 28, 2025, and February 28, 2026.
  • Audited annual reports will continue to be filed within 120 days of November 30, and six-month interim reports within 60 days of May 31.
  • Management confirmed eligibility based on venture issuer status, annual revenues below $10 million, and a clean 12-month continuous disclosure record.
  • The company reaffirmed its commitment to disclosing material changes per NI 51-102.
Material Impact
  • The announcement is purely administrative and carries zero operational or financial impact.
  • It marginally reduces compliance and administrative costs, which aligns with management's stated focus on operational efficiency following a year of declining revenues.
  • The shift to semi-annual reporting reduces the frequency of financial transparency, a common cost-saving measure for micro-cap issuers but one that delays investor visibility into quarterly cash burn, backlog conversion, and working capital trends.
  • The news is fully in line with previous expectations given the FY2025 revenue drop to $6.69 million and the company's current scale.
NTE · Price
Company Overview
  • Network Media Group is a documentary production and distribution company focused on developing proprietary intellectual property and securing licensing deals with major streaming platforms and broadcasters.
  • Flagship/Recent Projects: "Sly Lives!" (Emmy and Critics Choice nominated, premiered on Hulu/Disney), "BRATS" (Webby Award winner, reached #1 on Hulu), and the "I AM" documentary series (Luke Perry, Raquel Welch, Joe Frazier) distributed via Elevation Pictures on Crave.
  • The company operates on a project-based financing model, leveraging production tax credits, pre-sales, and distribution agreements to fund development and production.
Read the original news release →

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