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 Club
$299/ 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: N/A
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 2020, Lingo Media Corp revenues decreased 13% to C$97K. Net income totaled C$234K vs. loss of C$315K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Share-based payments decrease of 82% to C$5K (expense), Development costs decrease of 13% to C$50K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $1.91M as of Mar 31, 2020
Annual revenue (TTM): $1.94M as of Mar 31, 2020
EBITDA (TTM): $1.17M as of Mar 31, 2020
Net annual income (TTM): $0.71M as of Mar 31, 2020
Free cash flow (TTM): $0.89M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 35,529,192 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization