Everybody Loves Languages Reports Financial Results for the First Quarter Ended March 31, 2025
TORONTO--(BUSINESS WIRE)-- Everybody Loves Languages Corp. (' ELL ') (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), www.everybodyloveslanguages.com, an edtech language learning edutainment and content development company, announces its financial results for the first quarter ended March 31, 2025. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted.
Operational Highlights
Online English Language Learning:
AcadeMe Junior
Launched AVI - an AI based online tutor
Added Gameficiation throughout the platform
Added a teacher feature to enable flexible lesson assignment
Developed 90 new lessons focusing on grammar and vocabulary
Portuguese Course
Refreshed material and developed additional lessons for the advanced levels
English for Success
Initiated a native app development project
Content Based Learning:
Continued to receive feedback from the Ministry of Education in China and teachers to adjust and modify content as required
Q1 2025 Financial Highlights
Revenue for the first quarter ended March 31, 2025 totalled $362,953 as compared to $149,977 in Q1 2024.
Operating and development expenses for the quarter ended March 31, 2025, totalled $521,276 compared to $492,225 in Q1 2024.
Net loss for the quarter ended March 31, 2025, totalled $(171,434) or $(0.00) loss per share (basic) based on 35.6 million shares or $(0.00) loss per share (diluted) based on $36.1 million shares as compared to a net loss of $(300,461) for 2024 or $(0.01) loss per share (basic and fully diluted).
Loss before amortization, share-based payments, depreciation, finance charges and taxes was $(158,323) compared to $(436,754) in 2024.
'Everybody Loves Languages has introduced several important new features, most notably an AI-based tutor named AVI. We remain committed to enhancing our platform and are optimistic about a positive response from the market,' said Gali Bar-Ziv, President & CEO of Everybody Loves Languages.
The interim condensed financial statements for the quarter ended March 31, 2025, and Management Discussion & Analysis are available at www.sedarplus.ca
About Everybody Loves Languages Corp. (TSX-V: ELL; OTC: LMDCF; FSE: LIMA):
Everybody Loves Languages Corp. is an edtech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology.
The company provides online and print-based solutions through two distinct business units: Everybody Loves Languages Inc. and Lingo Learning Inc. Everybody Loves Languages is a state-of-the-art technology platform that delivers personalized learning experiences in classrooms and online. Its programs provide innovative SaaS-based eLearning solutions, including online and offline content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. At the same time, Lingo Learning is the content development arm and co-publishes print-based English language learning materials in China.
Everybody Loves Languages has established successful relationships with key government and industry organizations internationally, with a presence in LATAM and China, and continues to expand its product offerings and extend its market reach.
Follow Everybody Loves Languages on social media:
Portions of this press release may include "forward-looking statements" within the meaning of securities laws. These statements involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. These statements are based on management's current expectations and involve certain risks and uncertainties. Actual results may vary materially from management's expectations and projections and thus readers should not place undue reliance on forward-looking statements. Everybody Loves Languages has tried to identify these forward-looking statements by using words such as "may," "should," "expect," "hope," "anticipate," "believe," "intend," "plan," "estimate" and similar expressions. Everybody Loves Languages' expectations depend upon general economic conditions, the continued and growth in demand for its products, retention of its key management and operating personnel, its need for and availability of additional capital and other uncontrollable or unknown factors. No assurance can be given that the actual results will follow the forward-looking statements. Except as otherwise required by securities laws, Everybody Loves Languages undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, changed circumstances or any other reason. Certain factors that can affect the Company's ability to achieve projected results are described in the Company's filings with the Canadian securities regulators available on www.sedar.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
6 hours ago
- Business Wire
2025 Zhejiang (Egypt) International Engineering Exhibition Successfully Held
RIYADH, Saudi Arabia & CAIRO--(BUSINESS WIRE)--From June 17th to 19th, 2025, the Zhejiang (Egypt) International Engineering Exhibition was successfully held in Hall 3 of the Cairo International Exhibition Center. Hosted by the Department of Commerce of Zhejiang Province and organized by the Zhejiang International Contractors Association and Hangzhou Boheng Business Exhibition Co., Ltd., the exhibition was held alongside the prominent 2025 Egypt Big 5 Construction Show. Zhejiang showcased its unified provincial image through a dedicated area featuring 10 enterprises, 15 representatives, and an exhibition space of 108 square meters. Participating companies included Yoking Pump Co., Ltd., Zhitao Electric Group Co., Ltd., Zhejiang Qiankai Electric Equipment Co., Ltd., and Hangzhou Fulltime Robotics Co., Ltd. Over three days, Zhejiang enterprises interacted with more than 920 professional merchants from 12 countries and regions, resulting in intended transaction amounts of $5.7 million. Strategically located at the crossroads of Asia, Africa, and Europe, Egypt plays a key role in the Belt and Road Initiative. In May 2024, China and Egypt signed the Cooperation Plan on Jointly Promoting the Construction of the Belt and Road Initiative, which defined key cooperation areas. This strengthened framework will deepen collaboration and fuel development. To diversify its economy, Egypt has initiated projects like 'Egypt Vision 2030,' the New Administrative Capital, and the Suez Canal Corridor—sectors with strong demand for construction and renewable energy. These developments open new avenues for Zhejiang enterprises to participate in Egypt's infrastructure upgrades. Zhejiang Province has been advancing its 'Sweet Potato Economy' strategy to upgrade the 'No. 1 Opening-Up Project.' In 2024, newly signed foreign contracting projects totaled $5.486 billion (up 11.57%), with a completed turnover of $7.995 billion (up 15.27%), ranking fourth nationwide in business scale. This Egyptian exhibition marked Zhejiang's first self-organized overseas event in 2025. Themed 'Shaping a Smart, Green Future with Zhejiang,' it underscored the province's capabilities in green technology and smart construction. Zhejiang will continue to leverage overseas exhibitions to help more enterprises expand globally, foster cooperation and technology exchange, and offer sustainable solutions to global engineering challenges.
Business Wire
10 hours ago
- Business Wire
U-Haul Offers Disaster Relief After Derecho Hits North Dakota, Minnesota
FARGO, N.D.--(BUSINESS WIRE)--U-Haul ® is extending 30 days of free self-storage and U-Box ® container usage at seven centers across eastern North Dakota and northern Minnesota to residents affected by tornadoes that left a wide path of destruction Friday night and into the early hours of Saturday. U-Haul is extending 30 days of free self-storage and U-Box container usage at seven centers in North Dakota and Minnesota to residents impacted by the derecho. Share A derecho with winds exceeding 100 mph moved across numerous counties in both states, damaging properties and leaving thousands without power. There were multiple tornado sightings throughout the fast-moving storm system. Enderlin, N.D., located southwest of Fargo, and Bemidji, Minn., were among the communities hardest hit. Access to dry and secure self-storage and portable storage containers can be vital to communities during the clean-up and recovery process after natural disasters. The 30 days free offer applies to new self-storage and U-Box rentals and is based on availability. The U-Box offer is for on-site storage at Company centers, and for customers who tow their portable storage container. U-Box delivery and pick-up is also available for a modest cost. People seeking more information on the disaster relief program or needing to arrange storage services can contact the nearest participating U-Haul facility: NORTH DAKOTA U-Haul Moving & Storage of 13th Ave. 4901 13th Ave S. Fargo, ND 58103 (701) 205-3260 U-Haul Moving & Storage of Fargo 1436 Main Ave. Fargo, ND 58103 (701) 293-5256 U-Haul Moving & Storage of Osgood 5200 Veterans Blvd. Fargo, ND 58104 (701) 492-8900 U-Haul Storage of Fargo 610 42nd St. N. Fargo, ND 58102 (701) 639-7714 MINNESOTA U-Haul Moving & Storage of Moorhead 50 County Road 9 Dilworth, MN 56529 (218) 303-1480 U-Haul Storage of Nisswa 4745 County Road 77 Nisswa, MN 56468 (218) 963-5106 U-Haul Storage North Baxter 15237 Edgewood Dr. Brainerd, MN 56401 (218) 297-3018 In addition to its 30 days free self-storage disaster relief program, U-Haul is proud to be at the forefront of aiding communities in times of need as an official American Red Cross Disaster Responder. About U-HAUL Celebrating our 80th anniversary in 2025, U-Haul is the No. 1 choice of do-it-yourself movers with more than 24,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to 193,900 trucks, 138,200 trailers and 40,300 towing devices. U-Haul is the third largest self-storage operator in North America and offers 1,060,000 rentable storage units and 92.0 million square feet of self-storage space at owned and managed facilities. U-Haul is the top retailer of propane in the U.S. and the largest installer of permanent trailer hitches in the automotive aftermarket industry. Get the U-Haul app from the App Store or Google Play.
Yahoo
20 hours ago
- Yahoo
Want to Retire Rich? 3 TSX Stocks to Add to Your Portfolio Now
Written by Sneha Nahata at The Motley Fool Canada Investing in TSX stocks with the ability to deliver above-average returns can help build wealth over time and retire rich. However, when investing for long-term financial goals, consider diversifying your portfolio to add stability and spread risk. Against this background, here are three TSX stocks that could deliver above-average returns and support you to retire rich. Dollarama (TSX:DOL) is a top TSX stock for building wealth for retirement. This Canadian dollar store retail chain consistently performs well in all market conditions, thanks to its value-focused model, and generates above-average returns. By offering everyday essentials and seasonal goods at low fixed prices, Dollarama consistently attracts strong consumer demand. Moreover, its focus on geographic expansion boosts sales and market presence. In the first quarter of fiscal 2026, Dollarama reported an 8.2% year-over-year increase in sales to $1.5 billion, with same-store sales rising 4.9%. This growth was driven by more customer visits and higher average transaction sizes. The stock has already surged 37.1% this year and has delivered nearly 315% in capital gains over the past five years by growing at an above-average compound annual growth rate (CAGR) of 32.9% Additionally, Dollarama has been consistently increasing its dividend since 2011, returning higher cash to its shareholders. Its value pricing strategy, wide product range, partnerships with third-party online delivery platforms, strong supply chain, and expanding geographical footprint will likely drive its earnings, supporting its share price and future dividend payments. 5N Plus (TSX:VNP) is a small-cap stock trading under $10. It manufactures specialty semiconductors and performance materials. These advanced components are vital to booming sectors such as renewable energy and space solar technology, positioning the company to deliver significant long-term returns. Strong demand and its focus on improving margins are enabling 5N Plus to scale profitably. Over the past five years, the stock has delivered a 486.9% return, compounding annually at 42.41%. Its bismuth-based products are gaining traction, and enhanced manufacturing capabilities combined with a robust global supply chain strengthen its outlook. Furthermore, as the demand for ultra-high-purity materials continues to increase, particularly from non-Chinese sources, 5N Plus is emerging as a crucial supplier. Its strong customer relationships, growing global presence, and leadership in niche markets make it a compelling bet for investors seeking long-term growth. Investors planning to retire rich could consider adding Cameco (TSX:CCO) to their long-term portfolios. This leading company in the nuclear energy space provides fuel, technology, and services spanning the full reactor lifecycle. Moreover, its investment in Westinghouse Electric deepens its control over the entire nuclear value chain, positioning it well to deliver reliable, carbon-free energy. With global demand for electricity surging, driven by AI-driven data centers, electrification, and decarbonization efforts, nuclear power is witnessing solid demand, and Cameco is well-positioned to capitalize on it. Thanks to solid secular demand trends, Cameco stock has increased at a CAGR of 47.5% over the past five years, delivering a return of approximately 600%. Looking ahead, its efficient production, strong market presence, and long-term supply contracts offer stability and growth potential. Cameco's expansion plans and exploration projects add further upside. Overall, Cameco's long-term outlook remains solid, making it an attractive investment for investors aiming to retire rich. The post Want to Retire Rich? 3 TSX Stocks to Add to Your Portfolio Now appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Sneha Nahata has no position in any of the stocks mentioned. The Motley Fool recommends Cameco. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
