Everybody Loves Languages Reports Q1 2025 Revenue Growth and Introduces AI Tutor AVI

Everybody Loves Languages Corp. (ELL) announced its financial results for the first quarter ended March 31, 2025, with all figures reported in Canadian Dollars and adherence to International Financial Reporting Standards. The company, known for its edtech language learning platform, saw a significant increase in revenue but also reported continued losses, although these were smaller than in the previous year. Operational and Financial Highlights Revenue: In the first quarter of 2025, ELL’s revenue surged to $362,953, a substantial improvement from $149,977 in the same quarter in 2024. This growth is attributed to increased adoption of its language learning solutions and the launch of new features, such as the AI-based tutor named AVI. Operating and Development Expenses: Despite the revenue increase, operating and development expenses rose slightly to $521,276, up from $492,225 in Q1 2024. The company attributed this to ongoing investments in technology and content development to enhance user experience and expand its market reach. Net Loss: The net loss for Q1 2025 was $(171,434), or $(0.00) loss per share, both basic and fully diluted, based on 35.6 million and 36.1 million shares, respectively. This represents a significant reduction compared to the net loss of $(300,461), or $(0.01) loss per share, reported in Q1 2024. The company’s loss before amortization, share-based payments, depreciation, finance charges, and taxes also decreased to $(158,323) from $(436,754) year-over-year. Financial Metrics: - Amortization, share-based payments, and depreciation: $(10,163) in 2025 vs. $(14,408) in 2024 - Finance charges, taxes, and foreign exchange: $(2,948) in 2025 vs. $(56,195) in 2024 - Total comprehensive loss for the period attributable to shareholders: $(163,496) in 2025 vs. $(305,346) in 2024 Key Developments and Insights AI-Based Tutor: AVI A major highlight of the quarter was the introduction of AVI, an AI-driven tutor designed to provide personalized learning experiences. AVI is expected to enhance the platform's effectiveness and appeal, potentially driving further revenue growth and user engagement. Business Structure and Products: ELL operates through two primary business units—Everybody Loves Languages Inc. and Lingo Learning Inc. The former focuses on developing a state-of-the-art technology platform offering SaaS-based eLearning solutions, including online and offline content, a learning management system, assessments, real-time reports, and speech recognition technology. The latter, Lingo Learning, co-publishes print-based English language learning materials, primarily in China. Market Expansion: The company has established itself in international markets, particularly in Latin America (LATAM) and China, and is actively expanding its product offerings to meet diverse educational needs. This international presence is crucial for sustained growth and broader market penetration. Commitment to Innovation: President and CEO, Gali Bar-Ziv, emphasized the company’s commitment to innovation and digital transformation. She expressed optimism about the market response to AVI and other recent enhancements, underscoring ELL’s dedication to staying ahead in the rapidly evolving edtech sector. Forward-Looking Statements While ELL is optimistic about its future prospects, the financial statements and MD&A, available on www.sedarplus.ca, contain forward-looking statements that involve risks and uncertainties. The company’s success depends on various factors, including economic conditions, market demand, retaining key personnel, and securing additional capital. Readers are cautioned not to place undue reliance on these forward-looking statements, which may not accurately reflect future outcomes. Industry Evaluation and Company Profile Industry insiders view ELL’s financial progress favorably, noting the substantial revenue increase as a strong indicator of growing market acceptance and the potential of its innovative features. The introduction of AVI is seen as a strategic move that aligns with the trend of AI integration in edtech, positioning ELL as a forward-thinking player in the sector. Founded in 2018, Everybody Loves Languages Corp. has quickly become a notable player in the edtech and language learning space. Its dual focus on technology and content development, combined with a global presence, sets it apart. Despite current losses, the company's ambitious projects and international expansion suggest a strong trajectory for future growth.