View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsEverybody Loves Languages 配当と自社株買い配当金 基準チェック /06Everybody Loves Languages配当金を支払った記録がありません。主要情報n/a配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesお知らせ • Apr 11ELL 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.お知らせ • Jan 06Everybody Loves Languages Corp., Annual General Meeting, Mar 03, 2026Everybody Loves Languages Corp., Annual General Meeting, Mar 03, 2026. Location: ontario, toronto CanadaReported Earnings • Aug 30Second 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 40 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 04First 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 29 percentage points per year, which is a significant difference in performance.Reported Earnings • May 01Full 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 31 percentage points per year, which is a significant difference in performance.お知らせ • Dec 23Everybody Loves Languages Corp., Annual General Meeting, Feb 20, 2024Everybody Loves Languages Corp., Annual General Meeting, Feb 20, 2024.Reported Earnings • Nov 30Third 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 45 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.016 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.01 (down from CA$0.016 in 2Q 2022). Revenue: CA$967.7k (down 1.3% from 2Q 2022). Net income: CA$383.8k (down 31% from 2Q 2022). Profit margin: 40% (down from 56% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Reported Earnings • Jun 02First 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 6% per year, which means it is well ahead of earnings.Reported Earnings • May 01Full 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 but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Feb 02Everybody Loves Languages Corp. Launches Its First Product with Hollywood Movie-Based Learning Program AcadeMeEverybody 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 29Third 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 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 31Second 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.Reported Earnings • May 03Full 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 10% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 25Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird 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 11% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 27Second 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 13% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 29Third quarter 2020 earnings released: CA$0.01 loss per shareThe 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.決済の安定と成長配当データの取得安定した配当: VB6の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: VB6の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Everybody Loves Languages 配当利回り対市場VB6 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (VB6)n/a市場下位25% (DE)1.5%市場トップ25% (DE)4.8%業界平均 (Media)10.0%アナリスト予想 (VB6) (最長3年)n/a注目すべき配当: VB6は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: VB6は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: VB6の 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: VB6が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/04/16 22:42終値2026/04/14 00:00収益2025/09/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Everybody Loves Languages Corp. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Apr 11ELL 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.
お知らせ • Jan 06Everybody Loves Languages Corp., Annual General Meeting, Mar 03, 2026Everybody Loves Languages Corp., Annual General Meeting, Mar 03, 2026. Location: ontario, toronto Canada
Reported Earnings • Aug 30Second 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 40 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 04First 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 29 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 01Full 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 31 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 23Everybody Loves Languages Corp., Annual General Meeting, Feb 20, 2024Everybody Loves Languages Corp., Annual General Meeting, Feb 20, 2024.
Reported Earnings • Nov 30Third 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 45 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.016 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.01 (down from CA$0.016 in 2Q 2022). Revenue: CA$967.7k (down 1.3% from 2Q 2022). Net income: CA$383.8k (down 31% from 2Q 2022). Profit margin: 40% (down from 56% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jun 02First 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 6% per year, which means it is well ahead of earnings.
Reported Earnings • May 01Full 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 but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 02Everybody Loves Languages Corp. Launches Its First Product with Hollywood Movie-Based Learning Program AcadeMeEverybody 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 29Third 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 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 31Second 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.
Reported Earnings • May 03Full 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 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 25Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird 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 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 27Second 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 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 29Third quarter 2020 earnings released: CA$0.01 loss per shareThe 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.