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TORONTO--(BUSINESS WIRE)--Everybody Loves Languages Corp. (“ELL”) (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), www.everybodyloveslanguages.com, an edtech language learning edutainment and content development company, announces its financial results for the fourth quarter and year ended December 31, 2024. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted.
Financial Highlights for the Year Ended December 31, 2024
Revenue for the year ended December 31, 2024 totalled $2,433,632 as compared to $2,392,384 in 2023.
Operating and development expenses for the year ended December 31, 2024, totalled $2,132,532 compared to $2,156,001 in 2023.
Net income for the year ended December 31, 2024, totalled $358,794 or $0.01 earnings per share (basic) based on 35.6 million shares and $0.01 earnings per share (diluted) based on 36.5 million shares as compared to $40,573 for 2023 or $0.00 earnings per share (basic and fully diluted) based on ...
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