07:00 AM EST, 11/21/2025 (MT Newswires) -- Postmedia Network Canada (PNC-A.TO, PNC-B.TO) late on Thursday reported that it widened its net loss in the fiscal fourth quarter due to lower operating income and higher expenses.

Net loss came in at C$44.7 million, widening from a loss of $3.1 million. The company attributed the increase in net loss to a decrease in operating income before depreciation, amortization, impairment and restructuring, an increase in impairment expense and restructuring expense, and a decrease in foreign currency exchange gains.

Revenue was $101.2 million, up from $93.2 million. The increase was due to higher advertising revenue, circulation revenue and parcel revenue.

"Postmedia's fourth quarter results mark the conclusion of a year that has seen growth and strategic progress [despite] continued challenges in Canada's domestic media sector," said Postmedia President and CEO Andrew MacLeod.