Ankündigung • Apr 11
ELL Ventures Ltd completed the acquisition of 90% stake in Everybody Loves Languages Corp. (TSXV:ELL). ELL Ventures Ltd executed a business combination agreement to acquire 90% stake in Everybody Loves Languages Corp. (TSXV:ELL) for CAD 2.7 million on December 24, 2025. A cash consideration valued at CAD 0.085 per share will be paid by ELL Ventures Ltd. In case of termination of transaction, seller will pay a termination fee of CAD 0.25 million. Khurram Quereshi and Gali Bar-Ziv which collectively represent approximately 10% of all of the issued and outstanding shares of Everybody Loves Languages Corp.
The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board and approval of offer by target shareholders. The Board of Directors of Everybody Loves Languages Corp. formed a special committee for the transaction. The transaction was approved by the board of directors of ELLC on December 23, 2025. The expected completion of the transaction is March 10, 2026. As of March 26, 2026, the transaction was approved by the shareholders of ELL Ventures Ltd and Everybody Loves Languages Corp. approved the transaction. The amalgamation is expected to be completed on or about April 10, 2026.
Rick Moscone of Fogler, Rubinoff LLP served as legal advisor to Everybody Loves Languages and David Kornhauser of Loopstra Nixon LLP served as legal advisor to ELL Ventures.
ELL Ventures Ltd completed the acquisition of acquire 90% stake in Everybody Loves Languages Corp. (TSXV:ELL) on April 9, 2026. Amalco has applied to have its shares delisted from trading on the TSX Venture Exchange, which is expected to occur as early as close of business on April 14, 2026. It is also applying to cease to be a reporting issuer in each of British Columbia, Alberta, Ontario, Nova Scotia, and Newfoundland and Labrador and consequently become a private company. Computershare Investor Services Inc. acted as depository bank for ELL Ventures Ltd. Ankündigung • Jan 06
Everybody Loves Languages Corp., Annual General Meeting, Mar 03, 2026 Everybody Loves Languages Corp., Annual General Meeting, Mar 03, 2026. Location: ontario, toronto Canada New Risk • Dec 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 35% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Market cap is less than US$10m (CA$2.67m market cap, or US$1.95m). Minor Risk Revenue is less than US$5m (CA$2.6m revenue, or US$1.9m). Reported Earnings • Nov 30
Third quarter 2025 earnings released: CA$0.006 loss per share (vs CA$0.006 loss in 3Q 2024) Third quarter 2025 results: CA$0.006 loss per share (in line with 3Q 2024). Revenue: CA$287.4k (down 3.3% from 3Q 2024). Net loss: CA$229.2k (loss widened 6.9% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CA$0.005 (vs CA$0.012 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.005 (down from CA$0.012 in 2Q 2024). Revenue: CA$964.9k (down 2.7% from 2Q 2024). Net income: CA$176.8k (down 59% from 2Q 2024). Profit margin: 18% (down from 44% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. New Risk • Jun 02
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 75% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (75% accrual ratio). Market cap is less than US$10m (CA$1.43m market cap, or US$1.04m). Minor Risk Revenue is less than US$5m (CA$2.6m revenue, or US$1.9m). Reported Earnings • Jun 02
First quarter 2025 earnings released: CA$0.005 loss per share (vs CA$0.008 loss in 1Q 2024) First quarter 2025 results: CA$0.005 loss per share (improved from CA$0.008 loss in 1Q 2024). Revenue: CA$363.0k (up 142% from 1Q 2024). Net loss: CA$164.4k (loss narrowed 44% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year and the company’s share price has also fallen by 21% per year. Board Change • Mar 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. CFO, Treasurer, Secretary & Director Khurram Qureshi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. CFO, Treasurer, Secretary & Director Khurram Qureshi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. CFO, Treasurer, Secretary & Director Khurram Qureshi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. CFO, Treasurer, Secretary & Director Khurram Qureshi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. CFO, Treasurer, Secretary & Director Khurram Qureshi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 29
Third quarter 2024 earnings released: CA$0.006 loss per share (vs CA$0.008 loss in 3Q 2023) Third quarter 2024 results: CA$0.006 loss per share (improved from CA$0.008 loss in 3Q 2023). Revenue: CA$297.3k (up 140% from 3Q 2023). Net loss: CA$214.3k (loss narrowed 24% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CA$0.012 (vs CA$0.013 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.012 (down from CA$0.013 in 2Q 2023). Revenue: CA$991.3k (up 2.4% from 2Q 2023). Net income: CA$433.0k (down 2.9% from 2Q 2023). Profit margin: 44% (down from 46% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 04
First quarter 2024 earnings released: CA$0.008 loss per share (vs CA$0.011 loss in 1Q 2023) First quarter 2024 results: CA$0.008 loss per share (improved from CA$0.011 loss in 1Q 2023). Revenue: CA$150.0k (down 39% from 1Q 2023). Net loss: CA$293.5k (loss narrowed 28% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Reported Earnings • May 01
Full year 2023 earnings released: EPS: CA$0.003 (vs CA$0.002 loss in FY 2022) Full year 2023 results: EPS: CA$0.003 (up from CA$0.002 loss in FY 2022). Revenue: CA$2.39m (up 5.3% from FY 2022). Net income: CA$100.5k (up CA$186.9k from FY 2022). Profit margin: 4.2% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Ankündigung • Dec 23
Everybody Loves Languages Corp., Annual General Meeting, Feb 20, 2024 Everybody Loves Languages Corp., Annual General Meeting, Feb 20, 2024. Reported Earnings • Dec 01
Third quarter 2023 earnings released: CA$0.008 loss per share (vs CA$0.003 loss in 3Q 2022) Third quarter 2023 results: CA$0.008 loss per share (further deteriorated from CA$0.003 loss in 3Q 2022). Revenue: CA$123.9k (down 32% from 3Q 2022). Net loss: CA$281.3k (loss widened 140% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 02
First quarter 2023 earnings released: CA$0.011 loss per share (vs CA$0.009 loss in 1Q 2022) First quarter 2023 results: CA$0.011 loss per share (further deteriorated from CA$0.009 loss in 1Q 2022). Revenue: CA$247.0k (up 55% from 1Q 2022). Net loss: CA$404.9k (loss widened 21% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • May 01
Full year 2022 earnings released: CA$0.002 loss per share (vs CA$0.022 profit in FY 2021) Full year 2022 results: CA$0.002 loss per share (down from CA$0.022 profit in FY 2021). Revenue: CA$2.27m (down 14% from FY 2021). Net loss: CA$86.4k (down 111% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year. Ankündigung • Feb 02
Everybody Loves Languages Corp. Launches Its First Product with Hollywood Movie-Based Learning Program AcadeMe Everybody Loves Languages Corp. announced the launch of its first Hollywood film-based AcadeMe language learning program called English For Success+. ELL fast-tracked the delivery of its market-defining AcadeMe program in record time in response to the overwhelmingly positive feedback it has received for the product as institutions seek faster and more engaging ways to teach a second language. AcadeMe turns Hollywood films into powerful academic tools, immersing students into movie scenes where iconic figures and events come to life, providing students with more exciting and fun ways to learn another language. The user experience is similar to watching Netflix, but with students practicing tasks while enjoying the movie. For example, students can virtually converse with the movie character Spiderman mid-scene while improving and perfecting their language skills. To reward students for finishing a specific task, the teacher can unlock the entire movie for the learner's enjoyment. EFS+ is the company's first commercial product to integrate the exclusive AcadeMe lessons as an extension of its popular English for Success language program. EFS+ is a comprehensive online language learning solution that includes a massive library of lessons and resources of more than 2,000 hours of learning, incorporating technologies, movie-based lessons for enhanced engagement, a vast library of content, and advanced data analytics. EFS+ offers institutions a scaled solution to manage classes and programs that vary in size, program length, and objectives. Reported Earnings • Nov 29
Third quarter 2022 earnings released: CA$0.003 loss per share (vs CA$0.008 loss in 3Q 2021) Third quarter 2022 results: CA$0.003 loss per share (improved from CA$0.008 loss in 3Q 2021). Revenue: CA$181.0k (up 11% from 3Q 2021). Net loss: CA$117.1k (loss narrowed 59% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2022 earnings released: EPS: CA$0.016 (vs CA$0.02 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.016 (down from CA$0.02 in 2Q 2021). Revenue: CA$980.7k (down 4.8% from 2Q 2021). Net income: CA$552.3k (down 22% from 2Q 2021). Profit margin: 56% (down from 69% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Ankündigung • Aug 07
Lingo Media Corporation, Annual General Meeting, Oct 06, 2022 Lingo Media Corporation, Annual General Meeting, Oct 06, 2022. Ankündigung • Jul 06
Lingo Media Launches New English Language Learning Course as Global Demand Surges for Qualified Teachers Lingo Media Corporation added its English Teacher Prep course to its portfolio of products and services offering to address the increasing global demand on qualified English teachers, especially in countries where English is not the official language. The ETP course provides an essential professional growth opportunity for teachers looking to strengthen their English proficiency and delivers critical methodologies for Teaching English as a Foreign Language. The program was created by experts in curriculum design and features 120 hours of learning content. It uses the communicative language approach to help teachers foster a student-led classroom. The course will provide teachers with a robust selection of engaging English lesson plans and ready-to-use activities that will shift the focus of the classroom to a student-led environment. The self-paced online course is available now through Lingo Media's digital learning subsidiary, Everybody Loves Languages Inc. In May of this year, a report published by The Brainy Insights said the global English language learning market is expected to reach USD 35.78 billion by 2030. It also reported that English is the language of business, commerce, science, aviation, computers, the internet, diplomacy and tourism and that 0.4 billion people are native English speakers, with another 2 billion using English as their second language. Reported Earnings • May 03
Full year 2021 earnings released: EPS: CA$0.022 (vs CA$0.031 in FY 2020) Full year 2021 results: EPS: CA$0.022 (down from CA$0.031 in FY 2020). Revenue: CA$2.64m (up 26% from FY 2020). Net income: CA$779.1k (down 30% from FY 2020). Profit margin: 30% (down from 53% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 26
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CA$0.008 loss per share (up from CA$0.01 loss in 3Q 2020). Revenue: CA$163.5k (up 138% from 3Q 2020). Net loss: CA$282.1k (loss narrowed 21% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CA$0.02 (vs CA$0.018 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$1.03m (up 5.4% from 2Q 2020). Net income: CA$707.6k (up 13% from 2Q 2020). Profit margin: 69% (up from 64% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 136% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Ankündigung • Jun 18
Lingo Media's Everybody Loves Languages Bolsters Its Offerings with the Ola App for English Lingo Media Corporation announced the release of Ola, a mobile app developed to help English-language learners perfect their speaking skills. Ola provides over 200 hours of speaking practice and is offered to all Everybody Loves
Languages' English students. Using one of the largest digital content libraries in the world, the Ola app delivers effective and practical learning exercises for users who are on the go. The app's speech recognition technology
allows students to analyze pronunciation and simulate real-life conversation scenarios with characters modeled using audio from native English speakers. The app launched with two major features, Speak2Me and Studio. Using Speak2Me, students can select their skill level, choose an avatar, and have a dialogue with their virtual conversation partner, Lucy. The second feature, Studio, allows students to perfect their pronunciation skills and expand
their vocabulary through repetition of simple phrases. The issue is further complicated with online learning, where students can't always find opportunities to practice with their peers. The Ola App helps students with self-study, providing them with additional support while also allowing teachers to monitor their progress via LMS. Ankündigung • Apr 30
Lingo Media Corporation announced delayed 20-F filing On 04/29/2021, Lingo Media Corporation announced that they will be unable to file their next 20-F by the deadline required by the SEC. Reported Earnings • Nov 29
Third quarter 2020 earnings released: CA$0.01 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: CA$68.8k (down 42% from 3Q 2019). Net loss: CA$357.1k (loss widened 4.4% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.