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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 global EdTech company. By integrating education and technology, the Company empowers English language educators to easily transition from traditional teaching methods to digital learning. The Company provides both online and print-based solutions through two business units: ELL Technologies and Lingo Learning. ELL Technologies provides online training and assessment for English language learning, while Lingo Learning is a print-based publisher of English language learning programs in China. The Company is extending its global reach, with a presence in Latin America and China.
Financial Overview
For the three months ended 31 March 2021, LingoMedia Corp revenues increased 53% to C$149K. Net losstotaled C$420K vs. income of C$234K. Revenues reflect anincrease in demand for the Company's products and servicesdue to favorable market conditions. Net loss reflectsSelling/General/Admin Expense increase from C$356K (income)to C$268K (expense), Foreign exchange (gain) loss increasefrom C$49K to C$150K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $1.90M as of Mar 31, 2021
Annual revenue (TTM): $2.15M as of Mar 31, 2021
EBITDA (TTM): $0.63M as of Mar 31, 2021
Net annual income (TTM): $0.46M as of Mar 31, 2021
Free cash flow (TTM): $0.91M as of Mar 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 35,529,192 as of Apr 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization