illumin Holdings Inc - ILLMF STOCK NEWS

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.

Illumin (TSX:ILLM, OTCQB:ILLMF), a journey advertising technology company, announced the results of their annual shareholders meeting held on June 12, 2024. All director nominees were elected, including Sheldon Pollack with 98.967% votes 'For' and Tal Hayek with 98.884% votes 'For'. Other notable elections included Roger Dent with 67.253% votes 'For' and Yishay Waxman with 89.179% votes 'For'. Additionally, the re-appointment of auditors was approved with 98.835% votes 'For'. Illumin specializes in using machine learning algorithms and real-time data analytics to enhance consumer engagement for marketers. Headquartered in Toronto, the company serves clients across North America, Latin America, and Europe.