Added to YB: 2026-03-19
Pitch date: 2026-03-18
LMN.V [neutral]
Lumine Group Inc.
-17.47%
current return
Author Info
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Company Info
Lumine Group Inc. develops, installs, and customizes software, and related professional and support services worldwide.
Market Cap
CAD 4.6B
Pitch Price
CAD 24.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.63
P/E
39.19
EV/Sales
5.86
Sector
Software
Category
growth
Lumine Group: Q4 2025
LMN.V (earnings): Q4 rev +16%, organic growth flat at 1%, M&A deployment only $23M for 2025. FCFA2S surged +48% Q4 to $67.1M, +153% FY to $217M (28.3% FCF margin on $765M rev). Mgmt prioritized deleveraging over forced deals, stockpiling cash for $306.7M Synchronoss acquisition (closed Feb 2026, funded via cash + $160M credit draw). 70% recurring rev base, net income $118.8M vs prior year loss. Risks: anemic organic growth, telecom consolidation, execution on larger deals.
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