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Everybody Loves Languages Corp V.ELL

Alternate Symbol(s):  LMDCF

Everybody Loves Languages Corp. is a Canada-based edtech language-learning and content development company. The Company provides online and print-based solutions through two distinct business units: Everybody Loves Languages Inc. (ELL) and Lingo Learning Inc. (Lingo Learning), a technology platform that delivers personalized learning experiences in classrooms and online. Its programs provide software as a service (SaaS)-based e-learning solutions, including online and offline content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. ELL’s market consists of educational institutions, such as elementary schools, high schools, vocation schools, universities, and corporations. It sells its online language learning solutions primarily in Latin America, Asia, Europe, and the United States. It offers a Learning Management System designed to enhance teaching languages online or in a blended environment.


TSXV:ELL - Post by User

Post by Moneyday0on Nov 28, 2016 4:50pm
197 Views
Post# 25524019

Most realized and stated this quarter would be a loss

Most realized and stated this quarter would be a lossand in fact less than this holder thought. What remains somewhat confusing is the backlog. Had 5 or 6 signings + in queue that revenues not yet received. Are the costs included here but revenues realized later ... not sure. On face value looks like we made $150,000 ish for 3 new lines so pretty sure something missing. Sedar postings and news release pretty confusing in notifying what the $150,000 revenue is versus all the quarterly accomplishments. Entered into sales contracts obviously doesn't mean dollars earned. So, looks like revenue coming in next quarter or so for work done on these. All in all SP way overdone given the queue of $'s coming in next quarter or so. They need to clarify or perhaps I'm missing the details.......
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