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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.


TSX:ILLM - Post by User

illumin Holdings Inc > A $6m loss in one quarter!
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Comment by campston Jul 27, 2023 8:22am
170 Views
Post# 35559140

RE:A $6m loss in one quarter!

RE:A $6m loss in one quarter! on the positive side, the company will report roughly break even EBITDA. It follows that the $6 M loss is in taxes (they pay none), depreciation/ammortization ans offset by interest income. So that leaves D/A at a figure north of -$6M. 

If I'm right, this suggests some extraordinary writedown. Someone please check my math and logic.  I'm not great at accounting. Lol


For comparison, In Q1 the company reported EBITDA of -$4+ M.
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