Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Lingo Media Corporation (V:LM)

Business Focus: Book Publishing

Sector:  Consumer Cyclicals Industry:  Consumer Publishing
 
See Regulatory Filings on SEDAR
Company Contact
Address: 151 Bloor St W Suite 703
TORONTO ON M5S 1S4
Tel: 1-416-92770000
Website: www.lingomedia.com
IR: See website
Key People
Michael P. Kraft
Chairman of the Board
Gali Bar-ziv
President, Chief Executive Officer, Director
Khurram R. Qureshi
Chief Financial Officer
Business Overview
Lingo Media Corporation is a Canada-based EdTech company. The Company develops and markets English language learning products and services to the learners of English. The Company is focused on online and print-based technologies and solutions through its two distinct business units: ELL Technologies Ltd. (ELL Technologies) and Lingo Learning Inc. (Lingo Learning). ELL Technologies provides online training and assessment for language learning. Lingo Learning is a print-based publisher of English language learning school programs in China. Its subsidiaries include Vizualize Technologies Corporation, Speak2Me Inc., and Parlo Corporation.
Financial Overview
For the six months ended 30 June 2021, Lingo MediaCorp revenues increased 10% to C$1.2M. Net income decreased66% to C$288K. Revenues reflect an increase in demand forthe Company's products and services due to favorable marketconditions. Net income was offset by Selling/General/AdminExpense increase from C$356K (income) to C$518K (expense),Int exp on Financial Lease Liabilities increase of 42% toC$31K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $1.54M as of Jun 30, 2021
Annual revenue (TTM): $2.21M as of Jun 30, 2021
EBITDA (TTM): $0.57M as of Jun 30, 2021
Net annual income (TTM): $0.54M as of Jun 30, 2021
Free cash flow (TTM): $0.13M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 35,529,192 as of Aug 26, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization