Everybody Loves Languages Reports Financial Results for the Third Quarter Ended September 30, 2025

Executive Summary

• Everybody Loves Languages Corp. reported Q3 2025 revenue of C$287,375, down from C$297,273 in the prior year.
• The company posted a net loss of C$253,746 for the quarter (‑C$0.01 per share basic), widening from a C$215,757 loss in Q3 2024.
• Operating and development expenses increased to C$569,093 versus C$496,213 a year earlier, partially offset by government grants of C$60,000.

Key Details

• Revenue:
• Q3 2025: C$287,375

• Q3 2024: C$297,273

• Operating & Development Expenses:

• Q3 2025: C$569,093 (up from C$496,213 in Q3 2024)

• Includes government grants of C$60,000 for publishing and software projects (vs. C$45,000 in Q3 2024).

• Loss before amortization, share‑based payments, depreciation, finance charges & taxes:

• Q3 2025: (C$281,718)

• Q3 2024: (C$198,940)

• Amortization, Share‑Based Payments & Depreciation:

• Q3 2025: C$17,768

• Q3 2024: C$5,636

• Finance Charges, Taxes & Foreign Exchange:

• Q3 2025: (C$45,740)

• Q3 2024: C$11,182

• Net Loss:

• Q3 2025: (C$253,746) or $(0.01) per share basic (35.6 M shares); diluted loss $(0.01) on 38.3 M shares.

• Q3 2024: (C$215,757) with the same per‑share loss amount.

• Total Comprehensive Loss:

• Q3 2025: (C$265,276)

• Q3 2024: (C$209,403)

• Nine‑Month Period (ended Sep 30 2025):

• Revenue: C$1,615,190 vs. C$1,438,538 in 2024.
• Operating & Development Expenses: C$1,670,004 vs. C$1,555,873 in 2024.

• Net Loss: (C$266,473) vs. (C$165,940) in 2024.

• Operational Highlights:

• Launched a new English reading course; integrated content into the “English for Success” platform slated for 2026 release.

• Continued development of updated PEP textbook series.

• Management Comment:

  “We continued to move forward with our product development and content initiatives during the quarter, with an emphasis on supporting our customers and maintaining operational discipline. Our team remains focused on delivering reliable solutions and managing the business responsibly as we work with institutions and learners around the world,” – Gali Bar‑Ziv, President & CEO.

• Additional Information:

• Unaudited condensed interim financial statements for Q3 2025 and MD&A are available at www.sedarplus.ca.

Notable Quotes

“We continued to move forward with our product development and content initiatives during the quarter… Our team remains focused on delivering reliable solutions and managing the business responsibly…” – Gali Bar‑Ziv, President & CEO.