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Lingo Media Reports Financial Results for the Third Quarter Ended September 30, 2021 | 2021-11-24 | Press Releases

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TORONTO, Nov. 24, 2021 /CNW/ – Lingo Media Corporation (TSX-V: LM) (OTCQB: LMDCF) (FSE: LIMA) (“Lingo Media” or the “Company“), an EdTech company that is ‘Building a multilingual world’ through innovative online technology and solutions announces its financial results for the third quarter ended September 30, 2021. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted.

Q3 2021 Operational Highlights

  • Online English Language Learning:
    • Released Level 1 of English Academy, a English learning program aimed at primary school learners.
    • Doubled the Portuguese course to cover learners up to B2 on the Common European Framework of Reference.
    • Entered into a distbitution agreement with partners in Peru and Honduras.
    • Grew its sales team by hiring personnel in Colombia and Peru.
    • Conducted three webinars as part of ELL teacher development…

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