illumin Holdings Inc T.ILLM

Alternate Symbol(s): ILLMF

Communication Services

illumin Holdings Inc. provides a journey advertising platform, which enables marketers to reach consumers at every stage of their journey by leveraging advanced machine learning algorithms and real-time data analytics. It enables advertisers to connect intelligently with audiences across online display, video, social and mobile campaigns. Its Programmatic Marketing Platform, powered by machine learning technology, is at the core of its business, accompanied by patented solutions for analytics-led video and mobile targeting that leverages data. It enables marketers by offering near real-time reporting and analytics, bringing accountability to programmatic advertising to deliver business results and help solve the challenges that digital advertisers face. Its illumin software offers advertising automation technology that offers planning, media buying and omnichannel intelligence from a single platform.

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illumin Holdings Inc

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Post by Havingfunyeton Oct 04, 2017 11:58am

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Post# 26775538

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While we have no doubt many (if not all) of our readers saw the September 11^th press release, but for those that didn’t you can read the release in full here. For those not familiar, the company announced that they would be revising their revenue downwards to the tune of 50% growth year over year.
At a price of $2.20, the company is trading at a mere 1.3x EV/’17 Sales and 0.9x EV/’18 Sales. Despite the bad news announced earlier in September, a company growing at 50% YoY trading at almost par to revenue is a bargain by almost any objective standard.
Analysts across the board seem to agree with this sentiment – we list their one-year price targets below:
- Haywood Securities: $4.25
- Cormark: $4.50
- Echelon: $4.25
- Paradigm: $3.75
- VIII Capital: $4.00
The ad-tech space still remains nascent, especially on the public markets and we believe that the market was spooked by this announcement. While obviously the news warrants some element of a sell-off, in our view a 50% decrease in share price is not in line with the new expectations. We view this decline as an excellent opportunity for new shareholders to enter the story and current shareholders to average down.
As we head into next year, we expect to see the company continue to add self-serve partners and attract global brands onto the platform. Furthermore, M&A remains a key strategy going forward and the company’s goal of completing 1-2 targets annually remains on pace.