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Lingo Media Corporation (TSXV: LM) (OTC: LMDCF) (FSE: LIMA) ("Lingo Media" or the "Company"), an EdTech company that is 'Changing the way the world learns languages' through innovative online and print-based technologies and solutions, announces its financial results for the first quarter ended March 31, 2021. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted.
Novel speech recognition technology allows users to analyze pronunciation and simulate real-life conversation scenarios
Major strategic partnerships in Asia and Latin America
What Lingo Media does:
Lingo Media Corporation (CVE:LM) (OTCMKTS:LMDCF) is an education technology company that develops English language learning products to support learners from classroom to boardroom.
The Toronto-based company publishes English language learning material in multiple media formats for international markets. It develops books, tapes, videos, compact discs, and online content.
With over 1.6 billion people globally learning the language, English-as-a-second language (ESL) products and services are an estimated $56 billion industry, according to data from Ambient Insight. What’s more, digital ESL applications are booming in both market value and popularity, democratizing access to the world’s most popular language.