Welcome to our dedicated page for illumin Holdings news (Ticker: ILLMF), a resource for investors and traders seeking the latest updates and insights on illumin Holdings stock.
Overview of illumin Holdings Inc
illumin Holdings Inc (ILLMF) is a comprehensive digital advertising platform that revolutionizes the way marketers connect with consumers. Leveraging programmatic advertising, digital marketing, and machine learning technologies, the company delivers a data-driven approach to forming 1:1 consumer connections across the marketing funnel. Headquartered in Toronto, Canada and serving global markets including North America, Latin America, and Europe, illumin specializes in offering advanced advertising solutions designed to meet unique campaign objectives.
Business Model and Technological Framework
At the heart of illumin's operations is its proprietary programmatic marketing platform built by a team passionate about advanced advertising methodologies. The technology integrates real-time data analytics, brand safety technology, and a screen-agnostic platform, enabling brands and agencies to execute multi-channel campaigns with a single unified dashboard. The platform is customizable and designed to align with diverse client needs, ensuring that each campaign is both efficient and dynamically responsive through continual data feedback and sophisticated machine learning algorithms.
Core Capabilities and Services
illumin offers a suite of advertising solutions that covers every stage of the consumer journey. By utilizing audience segmentation, behavioral analysis, and targeted messaging, the platform facilitates precise consumer engagement through:
Programmatic Channels: Seamlessly connecting digital ads with programmatic buying to optimize campaign performance.
Multi-channel Integration: Unifying campaign planning and execution across email, social media, and display advertising.
Real-Time Data Analytics: Utilizing live data to continuously adapt and improve campaign strategies.
Brand Safety: Incorporating robust safety protocols to maintain the integrity and reputation of brands in various media environments.
Market Position and Competitive Edge
illumin is distinct in its commitment to marrying technology with creativity in digital advertising. Its integrated approach and deep emphasis on data-driven insights allow the firm to offer highly targeted connections that are tailored to the individual consumer. With a transparent and accessible trading profile on both the Toronto Stock Exchange and the OTCQB platform in the United States, the company emphasizes liquidity and transparency, key factors for investors seeking clarity in the digital advertising arena.
Operational Excellence and Strategic Focus
The company’s operational framework is built on a unified canvas for campaign management that bridges the gap between technological innovation and strategic advertising. This canvas not only streamlines the planning process but also ensures that methodological consistency is maintained across different media channels, further supported by advanced machine learning that refines and optimizes campaign metrics. By providing a customizable experience, illumin addresses the specific requirements of its clients while promoting an efficient allocation of advertising resources.
Industry Impact and Insights
Within the broader context of digital advertising, illumin stands out by addressing key industry challenges such as data accuracy, audience targeting, and campaign reliability. Its capability to fuse creative strategy with rigorous technological processes has made it a significant contributor to the modern evolution of advertising practices. The company’s commitment to transparency, both in its operational processes and investor communications, underpins its reputation as a trustworthy and knowledgeable entity in an increasingly competitive market.
Investor Relations and Reporting
illumin maintains a robust and open channel of communication with its investors. The company’s strategic uplisting to the OTCQB platform enhances accessibility for U.S. investors, providing clear insights into its technological innovations and operational strategies through regular financial disclosures, real-time market information, and detailed investor calls. This commitment to clarity further reinforces its credibility in the financial and advertising communities.
Conclusion
Overall, illumin Holdings Inc represents a forward-thinking force in the digital advertising landscape. Its fusion of advanced technology, real-time analytics, and customer-centric campaign strategies provides an in-depth model of how modern advertising can evolve to meet the changing demands of the marketplace. By emphasizing transparency, innovation, and adaptability, illumin equips brands with the tools required to effectively navigate an increasingly complex digital ecosystem, all while delivering customized advertising solutions tailored to a diverse, global audience.
illumin Holdings Inc. (ILLMF) reported strong Q4 2024 financial results with revenue growing 35% year-over-year to $49.9 million, driven by increases across all service lines. The company achieved full-year revenue growth of 11% to $140.4 million.
Key Q4 highlights include:
- Self-service revenue up 45% to $13.0 million
- Managed service revenue increased 28% to $23.7 million
- Exchange services revenue grew 39% to $13.2 million
- Adjusted EBITDA improved 42% to $3.9 million
- Net income of $4.1 million versus net loss of $2.6 million in Q4 2023
For full-year 2024:
- Self-service revenue grew 78% to $38.4 million
- Managed service decreased 7% to $67.7 million
- Exchange services up 8% to $34.3 million
- Adjusted EBITDA reached $6.3 million, up 104%
- Cash position strong at $56.0 million
illumin Holdings Inc. (TSX: ILLM, OTCQB:ILLMF) has announced it will release its fourth quarter and year-end 2024 financial results before market open on Friday, March 14, 2025. The company will host a live webcast at 8:30 AM ET on the same day, featuring CEO Simon Cairns and CFO Elliot Muchnik, who will discuss the results followed by a Q&A session.
illumin, headquartered in Toronto, is a digital advertising technology company that helps marketers make smarter decisions about online consumer communications. The company's platform features a unified canvas built around the open web, allowing brands and agencies to plan, build, and execute campaigns across the entire marketing funnel, integrating programmatic channels, email, and social media within a single platform.
illumin Holdings (TSX: ILLM, OTCQB: ILLMF) has announced a strategic integration with Adsquare's Measurement solution to provide store visit data directly within the illumin platform. This integration enables advanced footfall attribution, connecting online advertising campaigns with physical store visits.
The partnership delivers key benefits for advertisers including enhanced campaign measurement, comprehensive footfall attribution, daily performance insights, unified data views, and privacy-compliant tracking. The solution is designed to comply with global privacy regulations like GDPR and CCPA.
The integration aims to help marketers across retail, automotive, and quick-service restaurant sectors optimize their strategies by providing actionable foot traffic data and connecting digital engagement with offline outcomes. The partnership strengthens illumin's position in programmatic advertising by offering end-to-end campaign management capabilities from planning to attribution.
illumin Holdings (TSX:ILLM, OTCQB:ILLMF) has received TSX approval for a new normal course issuer bid (NCIB) to purchase and cancel up to 3,914,167 common shares, representing 10% of its public float. The NCIB will run from December 23, 2024, to December 22, 2025. The company has established an automatic share purchase plan (ASPP) with a designated broker to facilitate purchases during blackout periods.
The daily purchase limit is set at 12,518 shares, based on 25% of the average daily trading volume of 50,073 shares between June-November 2024. Under its previous NCIB that expired on November 12, 2024, illumin repurchased and cancelled 3,755,746 shares at an average price of $1.59 per share.
illumin Holdings reported strong Q3 2024 financial results with record revenue of $36.3 million, up 23% year-over-year. Self-service revenue grew significantly by 64% to $8.4 million, while programmatic revenue increased 39% to $10.1 million. The company maintained a 47% gross margin and improved Adjusted EBITDA by 200% to $1.9 million. However, the company recorded a net loss of $1.1 million compared to a profit of $0.8 million in Q3 2023, primarily due to foreign exchange losses and higher income tax expenses. The company continues its share buyback program and maintains a strong cash position of $51.4 million.
illumin Holdings Inc. (TSX: ILLM, OTCQB:ILLMF), a journey advertising technology company, has announced it will report its third quarter 2024 financial results before market open on Friday, November 8, 2024. The company will host a live webcast to discuss the results on the same day at 8:30 am Eastern Time.
The webcast will be hosted by Simon Cairns, Chief Executive Officer, and Elliot Muchnik, Chief Financial Officer, with a question-and-answer session to follow. Interested parties can register for the conference call webcast and presentation at the company's website.
illumin is described as a journey advertising platform that uses advanced machine learning algorithms and real-time data analytics to help marketers reach consumers at every stage of their journey. The company serves clients across North America, Latin America, and Europe.
illumin Holdings Inc. (TSX:ILLM, OTCQB:ILLMF), a Journey Advertising technology company, announced its participation in two upcoming investor conferences. Simon Cairns, CEO, and Elliot Muchnik, CFO, will represent the company at these events:
1. Wedbush Securities AdTech Conference on October 10th, featuring a virtual fireside chat at 12:15 pm ET and investor meetings.
2. TD Securities Technology Conference in Toronto from November 25-26th, including investor meetings on November 26th.
illumin's platform uses advanced machine learning and real-time data analytics to help marketers reach consumers throughout their journey. The company serves clients across North America, Latin America, and Europe from its Toronto headquarters.
Illumin announced its Q2 2024 results with a total revenue of $29.2 million, down from $33.2 million in Q2 2023.
However, illumin self-serve revenue surged by 61% YoY to $8.8 million, representing 30% of total revenue.
Gross margin was consistent at 48%, and adjusted EBITDA improved by 11% YoY to $0.5 million. Net revenue for Q2 2024 was $14.0 million, compared to $15.9 million in Q2 2023.
Notably, the net loss for Q2 2024 narrowed to $1.0 million from a loss of $5.6 million in Q2 2023, attributed to lower operating costs and a net foreign exchange gain. The company also onboarded 33 new self-serve clients, canceled 2.49 million shares under an NCIB, and upgraded its trading to the OTCQB Venture Market.
illumin Holdings Inc. (TSX: ILLM) (OTCQB: ILLMF), a journey advertising technology company, has announced two key additions to its leadership team, effective August 2024. Liz Ritzcovan joins as Chief Revenue Officer (CRO), responsible for global sales, account management, and customer support. She brings extensive experience from roles at Hustle, Namagoo, Foursquare, and other leading advertising and marketing companies. Bridget Westerholz joins as Senior Vice President of Marketing (SVP), leveraging her experience in agencies and brands to lead global marketing efforts. Previously, she held leadership positions at SPUD and Happy Planet Foods, as well as advertising agencies like FUSE Create and DDB Canada.
CEO Simon Cairns expressed enthusiasm about the new hires, emphasizing their potential to drive focus on supporting agency and brand customers. Both new executives expressed excitement about joining illumin and contributing to its growth and market transformation.
illumin Holdings announced it will release its second quarter 2024 financial results on August 8, 2024, before market open. The company will also host a live webcast at 8:30 am ET to discuss the results, led by CEO Simon Cairns and CFO Elliot Muchnik, followed by a Q&A session. The webcast can be accessed through the company's website, where a recording will also be available afterward.
illumin is a journey advertising platform that uses advanced machine learning and real-time analytics to help marketers connect with consumers. Headquartered in Toronto, the company operates across North America, Latin America, and Europe.
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