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Lingo Media Corporation (LM:TSX-V) - September 22nd 2016

Lingo Media Corporation (LM:TSX-V)
Original Price: $ 0.76
Current Price: $ 0.47

Company Profile

Lingo Media Corporation (LM:TSX-V) combines education with technology (EdTech) to develop and market English language learning (ELL) solutions in both online and print based formats.  The company now offers over 2,000 hours of interactive learning through a number of product offerings that are currently marketed in Columbia, Peru, and Mexico through a network of distributors.

During the six months ended June 30, 2016, Lingo Media generated revenues of $2.3 million with net income of $736,107 or $0.024 per share.  Although these levels were behind the amounts reported during the same period in 2015, Lingo Media was also able to invest over $1 million into its digital content library during the second quarter. The company has positive working capital and no long-term debt.

With its easily scalable online learning solutions, Lingo Media is ideally positioned to take advantage of the large market for teaching English in Latin America.   Furthermore, with such a vast potential market worldwide, there are many other geographic areas that would make ideal future expansion targets.

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Canadian Small Caps

Canadian Small Caps

CLICK HERE to view the presentations from the Spring 2016 Small-Cap Conferences.

We are pleased to publish the PowerPoint presentations from The Small-Cap Conferences that were held in Calgary on March 30, 2016 and in Vancouver on May 3, 2016.

We encourage investors to review the presentations and contact the companies with any further questions.

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