Full Year 2021 Gtn Ltd Earnings Call Transcript

Aug 26, 2021 / 12:30AM GMT
Operator

Good day, and welcome to the GTN Limited Fiscal Year 2021 Year-End Earnings Conference Call. Today's conference is being recorded. Representing the company today are Bill Yde, Managing Director and Chief Executive Officer; and Scott Cody, Chief Financial Officer and Chief Operating Officer.

Before I turn the conference over to Bill, I would like to remind the listeners that this call is subject to the disclaimer and important information included in the company's year-end earnings presentation. (Operator Instructions) I would now like to hand the conference over to Mr. Bill Yde, Managing Director and CEO. Please go ahead, sir.

William L. Yde - GTN Limited - MD, CEO, President & Executive Director

Thank you. The COVID pandemic (inaudible) ongoing challenges also for our market this past full year as revenue dropped 11%, however, a significant progress throughout the year, culminating with an 85% increase in revenue in the fourth quarter fiscal 2021 when compared to the same period of the prior fiscal year. Despite the revenue decrease, adjusted

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