Network Media Group Inc. (TSXV: NTE) (OTC: NETWF) ("Network" or "the Company") today reported financial results for the second quarter ended May 31, 2025 ("Q2 2025"), including three-month revenues of $1,022,575 (Q2 2024 - $3,006,969), a net loss of $772,209 (Q2 2024 â?? a net loss of $754,773) and Adjusted EBITDA 1 loss of $513,439 (Q2 2024 â?? Adjusted EBITDA loss of $344,957), and contracted future revenues ("backlog" 2) of $8.5M. On a per-share basis, the Company reports a loss of $0.04 per share (Q2 2024 â?? loss of $0.04) and an Adjusted EBITDA loss per share of $0.03 (Q2 2024 â?? Adj. EBITDA loss of $0.02). 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, "This quarter's financial results reflect a greater focus on creating and delivering independently financed proprietary content backed by strategic partners. We are encouraged by the support of our expanding network of partners and grateful for the critical acclaim and award recognition we are receiving in the marketplace, most recently with this month's Emmy nomination for our Sly and the Family Stone feature documentary, Sly Lives! (aka The Burden of Black Genius)."

Key metrics for Network's six months ended Q2 2025 include the following highlights:

Operational highlights for the quarter include:

About Network Media Group / Network Entertainment

Network Media Group is the parent company of Network Entertainment Inc.

Network Entertainment is a creatively driven, boutique film, television, and digital content production company that creates, finances and produces award-winning programming for television, digital platforms, and movie audiences around the world.

The Network premium brand of content delivers world-class casts and features visually cinematic, richly crafted storytelling. The Company's productions are consistently embraced by both audiences and critics alike, garnering awards, record ratings, and unparalleled media coverage for Network and its partners.

For additional information on Network Entertainment Inc., visit www.networkentertainment.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement on Non-IFRS Financial Measures and Forward-looking Information 

In addition to results reported in accordance with IFRS, this news release refers to certain non-IFRS financial measures as supplemental indicators of the Company's financial and operating performance. These non-IFRS financial measures include EBITDA, Adjusted EBITDA and Future Contracted Production Revenue (commonly referred to as backlog). The Company believes these supplemental financial measures reflect the Company's ongoing business in a manner that assist the reader's meaningful period-to-period comparisons and analysis of trends in its business.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. These statements are necessarily based upon management's perceptions, beliefs, assumptions and expectations, as well as a number of specific factors and assumptions that, while considered reasonable by management of the Company as of the date of such statements are inherently subject to significant uncertainties and contingencies that could result in the forward-looking information ultimately, perhaps materially, being incorrect. All forward-looking information in this news release involves known and unknown risks, uncertainties and other factors that are beyond the control of the Company and may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof.

SOURCE Network Media Group Inc

SOURCE: Network Media Group Inc

SOURCE: Network Entertainment Inc.

Enquiries: Curtis White, President, curtis@networkentertainment.ca

COMTEX_467672199/2197/2025-07-30T09:00:00