VANCOUVER, BC, Oct. 26, 2023 /CNW/ - Network Media Group Inc. (TSXV: NTE) (OTC: NETWF) ("Network" or "the Company") today reported financial results for the third quarter ended August 31, 2023 ("Q3 2023"), including three-month revenues of $2,638,225 (2022 - $9,507,901), a net income of $805,701 (2022 – a net income of $2,389,383) and Adjusted EBITDA of $1,100,301 (2022 – Adj. EBITDA of $3,000,963), and a backlog of $11M. On a per-share basis, the Company reports a net income of $0.05 per share (2022 – net income of $0.13) and an Adjusted EBITDA income per share of $0.06 (2022 – Adj. EBITDA income of $0.17). The income per share figures are reported on a post-consolidation basis. The financial statements and related Management's Discussion and Analysis ("MD&A") can be viewed on SEDAR at www.sedar.com.