Montreal: Coscient Group (me/tse) is reporting $117.7 million in revenues for the year ending July 31, 1998, up 18% from $100 million in sales in ’97. Coscient declared a net loss of just under $1.2 million or $.08 a share in fiscal ’98. ebitda is $9.6 million.

The company says real internal growth was 10% during the period while the net loss reflects the acquisition costs of Astral Communications’ distribution unit in ’97 and Toronto-based children’s producer Owl Communications in ’98.

Drama production, with the exception of animation, and distribution activity increased in ’98, with drama making up close to half of all production revenues.

Coscient a stock is trading in the $5.40 range on the me. Its 52-week high/low is $7 and $2.75.

The major corporate development in the period was Telesystem’s acquisition of 20.4% of Coscient’s outstanding shares, which resulted in Charles Sirois’ nomination as chairman, replacing Yves Moquin, and Guy Crevier as president and ceo.

Coscient subsidiaries include SDA Productions, Owl/SDA Productions, Cactus Animation, Allegro Films, l.a.-based Legend Entertainment, Coscient Productions and distributor Motion International. Fox/Motion Television is a joint-venture tv program distributor. Complementary Coscient-owned service units include Coscient Marketing and two post, soundstage and editing facilities – Multimontage and Studio Centre-Ville.