Everybody Loves Languages Reports Financial Results for the Third Quarter Ended September 30, 2025
Businesswire·2025-11-28 21:35

Core Insights - Everybody Loves Languages Corp. reported its financial results for Q3 2025, showing a decline in revenue and an increase in net loss compared to Q3 2024 [1][3][6]. Financial Highlights for Q3 2025 - Revenue for Q3 2025 was $287,375, down from $297,273 in Q3 2024, representing a decrease of approximately 3% [3][6]. - Operating and development expenses increased to $569,093 in Q3 2025 from $496,213 in Q3 2024, marking an increase of about 15% [3][6]. - The net loss for Q3 2025 was $(253,746), compared to a net loss of $(215,757) in Q3 2024, indicating a worsening of approximately 18% [3][6]. - Loss before amortization, share-based payments, depreciation, finance charges, and taxes was $(281,718) in Q3 2025, compared to $(198,940) in Q3 2024, reflecting a significant increase in losses [3][6]. Financial Highlights for Nine-Month Period Ended September 30, 2025 - Revenue for the nine-month period ended September 30, 2025, totaled $1,615,190, an increase from $1,438,538 in the same period in 2024, representing a growth of approximately 12% [7][14]. - Operating and development expenses for the nine-month period rose to $1,670,004 from $1,555,873, an increase of about 7% [7][14]. - The net loss for the nine-month period was $(266,473), compared to $(165,940) for the same period in 2024, indicating a deterioration of approximately 60% [7][14]. - Loss before amortization, share-based payments, depreciation, finance charges, and taxes was $(54,814), an improvement from $(117,335) in the same period in 2024 [7][14]. Operational Highlights - The company released a new course focusing on reading and integrated new reading content within the English for Success (EFS) program, which will be available for use in 2026 [5][6]. - Continued development of content for the latest revision of the PEP books was reported [5]. Management Commentary - The President & CEO, Gali Bar-Ziv, emphasized the company's commitment to product development and operational discipline while supporting customers and managing the business responsibly [8].