Pay and Specialty - radX (formerly Rush HD)

Individual Pay, Pay-per-view, Video-on-demand and Specialty Services - Financial Summary 2011-2015

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
535422323 radX (formerly Rush HD) Blue Ant Television Ltd. Blue Ant Media Inc. Specialty (category B service) 2015

Revenue ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Residential/bulk/SMATV subscriber revenue
DTH revenue
Local advertising revenue
National advertising revenue
Other revenue
Total Revenue 3,588,481 3,726,991 3.86 3,793,913 1.80 4,172,606 9.98 4,458,630 6.85 5.6

Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Programming and Production 863,196 1,646,142 90.70 1,351,663 -17.89 1,355,798 0.31 1,351,827 -0.29 11.9
Technical
Sales and Promotion
Administration and General
Total Expenses

Performance ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Income
Depreciation
P.B.I.T.
Interest Expense
Adjustments - Gain (Loss)
Pre-tax Profit

Canadian Programming Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Acquisition of rights 454,554 497,051 9.35 410,615 -17.39 153,968 -62.50 287,944 87.02 -10.8
Script & concept 0 0 0 0 0
Filler Programming + Program Production 0 305,523 431,565 41.25 353,139 -18.17 474,636 34.40
Investment in Programming 0 74,250 25,750 -65.32 0 -100.00 0
Total Canadian Programming 454,554 876,824 92.90 867,930 -1.01 507,107 -41.57 762,580 50.38 13.8
Canadian Programming/Revenue (%) 12.67 23.53 22.88 12.15 17.10

Staff
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Total Remuneration ($)
Average Staff Count
Avg Remuneration ($)

Subscribers
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Subscribers

Profitability (%)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Margin
P.B.I.T. Margin
Pre-tax Margin

CAGR = Compound Annual Growth Rate

DTH = Direct-to-Home

SMATV = Satellite Master Atenna Television

P.B.I.T. = Profit Before Interest and Tax

Var = Variation

Date modified: