Latest news with #ELL
Yahoo
3 days ago
- Business
- Yahoo
Everybody Loves Languages Reports Financial Results for the First Quarter Ended March 31, 2025
TORONTO, May 30, 2025--(BUSINESS WIRE)--Everybody Loves Languages Corp. ("ELL") (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), 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 First Quarter Ended March 31st 2025 2024 Revenue $ 362,953 $ 149,977 Operating and development expenses 521,276 492,225 Loss before amortization, share-based payments, depreciation, finance charges and taxes (158,323) (436,754) Amortization, share-based payments, and depreciation 10,163 14,408 Finance charges, taxes and foreign exchange 2,948 (56,195) Net loss (171,434) (300,461) Loss for the period attributable to: Non-controlling interest (7,010) (6,981) Shareholders of Everybody Loves Languages Corp. (164,424) (293,480) Total comprehensive income (170,506) (312,327) Total comprehensive loss for the period attributable to: Non-controlling interest (7,010) (6,981) Shareholders of Everybody Loves Languages Corp. (163,496) (305,346) Earnings per share (basic) $ (0.00) $ (0.01) Earnings per share (fully diluted) $ (0.00) $ (0.01) 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 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: Facebook: Twitter: twitter@elltechnologies YouTube: Everybody Loves Languages (ELL) LinkedIn: 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 NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTUREEXCHANGE ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE View source version on Contacts Corporate Communications Khurram QureshiTel: (647) 831-1462Email: kqureshi@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
3 days ago
- Business
- National Post
Everybody Loves Languages Reports Financial Results for the First Quarter Ended March 31, 2025
Article content TORONTO — Everybody Loves Languages Corp. (' ELL ') (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), 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. Article content Article content Q1 2025 Financial Highlights Article content First Quarter Ended March 31 st 2025 2024 Revenue $ 362,953 $ 149,977 Operating and development expenses 521,276 492,225 Loss before amortization, share-based payments, depreciation, finance charges and taxes (158,323) (436,754) Amortization, share – based payments, and depreciation 10,163 14,408 Finance charges, taxes and foreign exchange 2,948 (56,195) Net loss (171,434) (300,461) Loss for the period attributable to: Non-controlling interest (7,010) (6,981) Shareholders of Everybody Loves Languages Corp. (164,424) (293,480) Total comprehensive income (170,506) (312,327) Total comprehensive loss for the period attributable to: Non-controlling interest (7,010) (6,981) Shareholders of Everybody Loves Languages Corp. (163,496) (305,346) Earnings per share (basic) $ (0.00) $ (0.01) Earnings per share (fully diluted) $ (0.00) $ (0.01) Article content 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. Article content '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. Article content The interim condensed financial statements for the quarter ended March 31, 2025, and Management Discussion & Analysis are available at Article content About Everybody Loves Languages Corp. (TSX-V: ELL; OTC: LMDCF; FSE: LIMA): Article content 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. Article content 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. Article content 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. Article content 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 actualresults 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 Article content Article content Article content Article content Article content Article content
Yahoo
28-02-2025
- Business
- Yahoo
Pearson Appoints Experienced Company Executive Sharon Hague as President of English Language Learning
LONDON, Feb. 28, 2025 /PRNewswire/ -- Pearson (FTSE: PSON.L), the world's lifelong learning company, today announced the promotion of Sharon Hague to the role of President of its English Language Learning (ELL) division, effective 3 March. Pearson's ELL business is a leading provider of English language assessments and learning materials for English learners globally. Sharon will report to CEO Omar Abbosh and will lead the business' expansion in key international markets, as well as the development of AI-powered products and services globally. She will also serve as Pearson's UK CEO, leading the company's corporate presence in that market. Sharon, a 25-year Pearson executive, succeeds Gio Giovannelli, who has decided to leave Pearson to pursue new endeavours. Sharon brings a proven track record of leading successful global teams and driving growth at Pearson. She most recently served as Managing Director, Pearson School Qualifications and School Assessments. In that role, she has been responsible for the delivery of school and K-12 qualifications and assessments across the US, UK, and international markets. Sharon has continually increased the number of students Pearson has reached with its high stakes qualifications. At the same time, she has delivered consistent sales and margin growth through international expansion, digital transformation, and operational efficiencies. Omar Abbosh, Pearson CEO, said, "Sharon has been instrumental in transforming our school qualifications, assessments, teaching and learning services. I have every confidence that she will carry on the success of our ELL business. She is focused on keeping learners and educators at the centre of all we do. When you combine her love for lifelong learning and her track record for driving growth with tech-powered solutions, you get a very accomplished leader. "I also want to thank Gio for his contributions during his twelve years at Pearson. I've always appreciated Gio's intense focus, drive, and ambition for the business. He put Pearson on the map in many multinational markets, significantly expanding our footprint and our product portfolio with his unique entrepreneurial spirit. He has unleashed a world of language learning and skills opportunities across the globe, improving the lives of millions of people." Sharon Hague said, "As a passionate lifelong learner and former educator, I'm excited to bring my expertise to our executive leadership team. I look forward to driving the success and the growth of our ELL business. I also look forward to helping more people unlock a world of opportunities through English language learning and realising its life changing benefits – both professionally and personally." Sharon graduated from Oxford, trained as a qualified teacher, and taught in schools in Essex and Hertfordshire for 8 years. Sharon is an elected representative on the Council of the UK Publishing Association and has previously chaired the Joint Council for Qualifications. About PearsonAt Pearson, our purpose is simple: to help people realize the life they imagine through learning. We believe that every learning opportunity is a chance for a personal breakthrough. That's why our c. 18,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's lifelong learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn't just what we do. It's who we are. Visit us at Media Contacts: - - UK View original content to download multimedia: SOURCE Pearson
USA Today
05-02-2025
- Politics
- USA Today
Leon schools chief: 'Significant decrease' in attendance during immigrant strike this week
The nationwide 24-hour strike known as "A Day Without Immigrants" blacked out a number of businesses and workplaces Monday as immigrants sat home to protest immigration crackdowns and deportation policies enacted under the Trump administration. Not only did some businesses cease operations, especially restaurants, but some Leon County schools also felt the impact. "I had our folks look at the attendance rates of our (English Language Learners) ELL students yesterday and there was a significant decrease in student attendance. Especially with our Hispanic students," Superintendent Rocky Hanna told the Tallahassee Democrat Tuesday. The Fort Braden School (K-8), Griffin Middle School and Godby High schools have the highest populations of ELL students who identify as Hispanic in the district. On Monday, 57% of the students were missing from Fort Braden, 51% were missing at Griffin, and 62% were missing at Godby. Hanna said "ICE anxiety" had no impact on attendance last week when rhetoric surrounding the matter placed parents on high alert that students could be pulled from class. On Tuesday, he said, enrollment numbers went back to averaging over 90%, meaning Monday's absences were mostly on par with the national movement. "If any agents show up on campus our Office of Safety and Security is to be notified immediately, and I will be notified immediately, and we will go to the site to ensure that whatever agents are on campus have all of the required court documents to take any action that they are requesting," Hanna said. "Short of that, they will not gain access to our students or to our campuses." Florida's education department has said it will comply with a new federal directive to allow immigration enforcement into schools. The Trump administration rescinded a rule that created "protected areas" from Immigrations and Customs Enforcement (ICE), Biden-era guidance that blocked ICE from schools, places of worship and health care facilities. "Florida schools will cooperate with all law enforcement working to enforce the nation's laws on illegal immigration and keep our schools safe," Sydney Booker, spokesperson for the Florida Department of Education, told the USA TODAY Network – Florida. She did not respond directly to a question asking if that meant allowing immigration agents on public school grounds, including for ICE raids. This story contains previously published material. Alaijah Brown covers children & families for the Tallahassee Democrat. She can be reached at ABrown1@ Follow her on Twitter/X: @AlaijahBrown3.
