VANCOUVER, BC, Oct. 30, 2025 /CNW/ - Network Media Group Inc. (TSXV:NTE) (OTC:NETWF) ("Network" or "the Company") today reported financial results for the third quarter ended August 31, 2025 ("Q3 2025"), including three-month revenues of $2,849,848 (Q3 2024 - $2,836,100), net income of $135,853 (Q3 2024, net loss of $769,399), and Adjusted EBITDA1 of $237,790 (Q3 2024, Adjusted EBITDA loss of $540,247), and contracted future revenues ("backlog"2) of $4.8M. On a per-share basis, the Company reports earnings of $0.01 per share (Q3 2024, loss of $0.04) and Adjusted EBITDA earnings per share of $0.01 (Q3 2024, Adjusted EBITDA loss of $0.03). The financial statements and related Management's Discussion and Analysis ("MD&A") can be viewed on SEDAR+ at www.sedarplus.ca.

Network President Curtis White stated, "Our Q3 results mark a return to profitability and demonstrate the strength of our documentary slate and continued focus on independent financing of proprietary content. We're proud of the continued recognition our productions are receiving, including Emmy and Critics Choice nominations for Sly Lives! (aka The Burden of Black Genius). We remain focused on sustainable growth driven by quality, creativity, hyper-efficiency, and collaboration."

Key metrics for Network's nine months ended Q3 2025 include the following highlights:

Backlog of $4.8M as of October 30, 2025;

Revenues of $5,366,881 (Q3 2024 - $7,971,885);

Net loss of $342,647 - $0.02 per share (Q3 2024 Net loss of $2,130,143 - $0.12 per share); and

Adjusted EBITDA of $200,314 - $0.01 per share (Q3 2024 Adjusted EBITDA loss of $1,240,172 - $0.07 per share).

Operational highlights for the quarter include:

Sly Lives! ...