illumin Holdings Inc T.ILLM

Earnings Assessment

[retiredcf]

Q3 was solid with beats across the board: EPS 50%, revenue 10%, and EBIDTA 44% better than estimates. While revenue did slip from last year, it rose nicely from the prior quarter. Always good to see that margins increased by four points. Future estimates call for about 25% sales growth and EPS to nearly triple in 2021. Things look fine to us. Given the strong upward move in the SP, we would not view the recent decline in SP as a reflection on the future. 

So said 5iResearch yesterday when asked for their assessment. Long and strong. GLTA

 

[Mastermind28]

Thanks for the post retiredcf. I have posted this on the yahoo board as well.

[BeatsBast]

As hinted in the CC, all new revenue from illumin has very little expenses... Correct me if I'm wrong but shouldn't translate in 0.15 to .20$ of EPS per 10M tranche of new revenue?

[Mastermind28]

Based on their projection 200 million will bring them 0.5-0.60 eps. In 2019, they had eps of 0.11 on 119 million revenue. So we are looking at about 16-20 million rev for every additional 0.10 eps. Thanks!

[Torontojay]

keep in mind that we are talking about adjusted net income per share. The company likes to add depreciation and amortization which is closer to being a cash flow per share number. Nevertheless ebitda is expected to be 40-50 million on 200 million of revenue and if you apply a 20-30 times multiple on that then one can see a billion dollar valuation.