Luminar Media Group/Fortun (OTCMARKETS: LRGR) Forecasts Continued Significant Growth Q4 2024
Luminar Media Group (OTCMARKETS: LRGR) forecasts significant growth for Q4 2024, building on strong Q3 performance. Key projections include:
- Funding volume increase of 45% to $1,650,000
- Revenue growth of 32% to $407,550
- Total assets rise of 26% to $2,430,000
Fortun Advance, a subsidiary, shows impressive growth trajectory with monthly funding volumes steadily increasing. As of September 30, 2024, total assets reached $1,926,507. LRGR is initiating a rebranding process to Fortun Corp. The company emphasizes its strategic position in supporting small businesses, which generate over $800 billion annually in the U.S. economy.
Luminar Media Group (OTCMARKETS: LRGR) prevede una crescita significativa per il quarto trimestre del 2024, basandosi sulle solide performance del terzo trimestre. Le proiezioni chiave includono:
- Aumento del volume dei finanziamenti del 45% a $1.650.000
- Crescita dei ricavi del 32% a $407.550
- Aumento del totale attivo del 26% a $2.430.000
Fortun Advance, una sussidiaria, mostra una traiettoria di crescita impressionante con volumi di finanziamento mensili in costante aumento. Al 30 settembre 2024, il totale attivo ha raggiunto $1.926.507. LRGR sta avviando un processo di rebranding verso Fortun Corp. L'azienda sottolinea la sua posizione strategica nel supportare le piccole imprese, che generano oltre $800 miliardi all'anno nell'economia degli Stati Uniti.
Luminar Media Group (OTCMARKETS: LRGR) prevé un crecimiento significativo para el cuarto trimestre de 2024, basándose en un sólido rendimiento del tercer trimestre. Las proyecciones clave incluyen:
- Aumento del volumen de financiamiento del 45% a $1,650,000
- Crecimiento de los ingresos del 32% a $407,550
- Aumento de activos totales del 26% a $2,430,000
Fortun Advance, una subsidiaria, muestra una impresionante trayectoria de crecimiento con volúmenes de financiamiento mensual en aumento constante. Al 30 de septiembre de 2024, el total de activos alcanzó $1,926,507. LRGR está iniciando un proceso de rebranding a Fortun Corp. La empresa enfatiza su posición estratégica en el apoyo a las pequeñas empresas, las cuales generan más de $800 mil millones anualmente en la economía de EE.UU.
루미나 미디어 그룹 (OTCMARKETS: LRGR)은 Q4 2024에 대한 상당한 성장을 예측하며, Q3의 강력한 실적에 기반하고 있습니다. 주요 예측 사항은 다음과 같습니다:
- 자금 조달 규모 45% 증가하여 $1,650,000에 도달
- 수익 32% 증가하여 $407,550에 도달
- 총 자산 26% 증가하여 $2,430,000에 도달
자회사인 포춘 어드밴스는 월별 자금 조달 규모가 꾸준히 증가하면서 인상적인 성장 경로를 보여주고 있습니다. 2024년 9월 30일 기준으로 총 자산은 $1,926,507에 도달했습니다. LRGR은 포춘 코퍼레이션으로 리브랜딩 과정을 시작하고 있습니다. 이 회사는 연간 8000억 달러 이상을 창출하는 미국 경제의 중소기업 지원에서 전략적 위치를 강조하고 있습니다.
Luminar Media Group (OTCMARKETS: LRGR) prévoit une croissance significative pour le quatrième trimestre de 2024, s'appuyant sur les solides performances du troisième trimestre. Les principales prévisions incluent :
- Augmentation du volume de financement de 45 % pour atteindre 1 650 000 $
- Croissance des revenus de 32 % pour atteindre 407 550 $
- Augmentation des actifs totaux de 26 % pour atteindre 2 430 000 $
Fortun Advance, une filiale, montre une trajectoire de croissance impressionnante avec des volumes de financement mensuels en constante augmentation. Au 30 septembre 2024, les actifs totalisés atteignaient 1 926 507 $. LRGR lance un processus de rebranding vers Fortun Corp. L'entreprise souligne sa position stratégique dans le soutien aux petites entreprises, qui génèrent plus de 800 milliards de dollars par an dans l'économie américaine.
Luminar Media Group (OTCMARKETS: LRGR) prognostiziert ein signifikantes Wachstum für das vierte Quartal 2024, basierend auf der starken Leistung des dritten Quartals. Wichtige Prognosen umfassen:
- Erhöhung des Finanzierungsvolumens um 45% auf $1,650,000
- Umsatzwachstum von 32% auf $407,550
- Steigerung der Gesamtnettowerte um 26% auf $2,430,000
Fortun Advance, eine Tochtergesellschaft, zeigt eine beeindruckende Wachstumskurve mit stetig steigenden monatlichen Finanzierungsvolumen. Am 30. September 2024 erreichten die Gesamtnettowerte $1,926,507. LRGR beginnt einen Rebranding-Prozess zu Fortun Corp. Das Unternehmen betont seine strategische Position zur Unterstützung kleiner Unternehmen, die jährlich über $800 Milliarden zur US-Wirtschaft beitragen.
- Projected 45% increase in funding volume for Q4 2024
- Forecasted 32% revenue growth for Q4 2024
- Expected 26% increase in total assets for Q4 2024
- Steady monthly growth in funding volumes
- Strategic positioning in the underserved small business market
- None.
MIAMI, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Luminar Media Group, Inc. (OTCMARKETS: LRGR), a leading fintech company providing capital and financial services to underserved businesses, is pleased to announce its forecast for continued strong growth in the fourth quarter of 2024.
After delivering impressive financial results for the third quarter of 2024, the company—through its subsidiaries FortunCo and Fortun Advance—continues to achieve exceptional performance. Fortun Advance, in particular, has exceeded projections and is expanding its financial presence, positioning itself for sustained success as it continues its growth trajectory.
Key Financial Highlights: Q3 2024 Q4 2024 (Projected) Growth (Projected)
Funding Volume:
Revenue:
Total Assets:
Funding Volume Trajectory:
July:
Fortun Advance continues its rapid growth trajectory, with Q4 funding projections indicating a
Business Performance Since Acquisition:
As of September 30, 2024, Fortun Advance’s total assets had grown to
Market Insights:
Small businesses are a critical growth engine for the U.S. economy, generating over
Gianinna Nicoletti, Vice President of Operations for Fortun Advance, shared her thoughts on the company’s performance and future outlook:
"The momentum we've built in just a few short months highlights our strategic approach to supporting the small business community. Our tailored funding solutions have been instrumental in their success. Looking ahead to the final quarter of 2024 and into 2025, we are confident that strong market demand, combined with our commitment to innovation and exceptional customer service, will continue to drive Fortun's growth."
Yoel Damas, President, added: “Fortun has positioned itself as a crucial partner for small businesses, offering flexible, revenue-based funding solutions that are essential for their growth. With many entrepreneurs facing challenges in accessing traditional financing, Fortun’s commitment to providing accessible funding has strategically placed it in this underserved market.”
About Luminar Media Group, Inc.
Headquartered in Miami, Florida, Luminar Media Group, Inc. is a pioneering fintech company specializing in financial solutions for underserved communities, with a focus on Latino and minority-owned businesses. Leveraging innovative strategies and a commitment to excellence, Fortun empowers businesses to drive economic growth.
Forward-Looking Statements.
This release contains forward-looking statements that reflect Luminar Media Group's current strategies and expectations for future performance. Actual results may differ materially due to various risks and uncertainties. Investors are encouraged to review the company’s filings with the SEC for further information.
The financial data presented in this release is subject to review by independent accountants and may be adjusted before final reporting. Please note that the information provided is preliminary and should not be considered final until it has undergone a full review.
For more information, please contact:
Robert Rico
Investor Relations
Phone: 305-283-9237
Email: Robert@Fortunco.com
Follow us on X: [@FortunCorp](https://x.com/FortunCorp)
FAQ
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