Atlantis earnings soar

Atlantis Communications reports revenues of $76,909,000 for fiscal 1993, a 43% increase over 1992 figures. Net earnings for the year jumped 40% to $5,875,000. Atlantis’ 1993 production volume tallied $66 million, up 27% over 1992. Earnings per share were $0.99 in 1993 as compared with $0.73 in ’92.

Chairman and ceo Michael MacMillan pegs the increase as a reflection of the ‘expanded size of our production slate, in addition to strong contribution from our international distribution services.’

The 16-year-old Toronto-based company went public Dec. 3, 1993.

Atlantis’s slate for 1994 includes five series pilots as well as Trial at Fortitude Bay, a tv movie coproduced with Ice Road Productions and Credo Group for the cbc, which is currently in production in Manitoba. Other tv movies are Snowbound, produced for Fox; Hakujin, produced with Troika Productions for the cbc; and Welcome to the Monkey House and Harrison Bergeron, based on Kurt Vonnegut stories, for The Movie Network and Showtime in the u.s.

Squawk Box, a new 26-episode series for ytv, started production on March 28.