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Bullboard - Stock Discussion Forum illumin Holdings Inc T.ILLM

Alternate Symbol(s):  ILLMF

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... see more

TSX:ILLM - Post Discussion

illumin Holdings Inc > Year end results
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Post by Torontojay on Mar 10, 2022 7:20am

Year end results

Fiscal Year 2021 Highlights

  • Total revenue for the year ended December 31, 2021 was $122.0 million, an increase of 16.3% compared to the same period in 2020, and a 23.6% year over year increase on a constant currency basis. The increase was driven mainly by new illumin revenue. 
  • illumin revenue was $26.0 million for the year ended 2021. 
  • Gross margin for the year ended December 31, 2021 was 52.1%, compared to 51.6% for the same period in 2020. 
  • Net revenue or gross profit (revenue less media costs) for the year ended December 31, 2021 was $63.6 million, up 17.5% compared to $54.1 million for the same period in 2020. 
  • Adjusted EBITDA increased 28.3% to $20.3 million for the year ended December 31, 2021, compared to $15.8 millionfor the prior year. Adjusted EBITDA margin as a percent of total and net revenue was 17% and 32%, respectively. 
  • Total Connected TV segment revenue grew approximately 251% year-over-year. 
  • Net income increased 186% to $10.6 million for the year ended December 31, 2021, compared to net income of $3.7 million for the year ended December 31, 2020
  • Operating cash flow was $19.7 million for the year ended December 31, 2021, compared to operating cash flow of $19.4 million for 2020.
Comment by campst on Mar 10, 2022 8:24am
I am notoriously bad at math. my mental math says EPS for the quarter was $.04 and $.16 for the year.
Comment by campst on Mar 10, 2022 8:28am
never mind. eps confirmed.
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