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Added to YB: 2024-03-12

Pitch date: 2024-03-11

ILLM.TO [bullish]

illumin Holdings Inc.

-35.29%

current return

Author Info

Company Info

illumin Holdings Inc., a technology company, provides digital media solutions in the United States, Canada, Europe, Latin America, and internationally.

Market Cap

CAD 100.6M

Pitch Price

CAD 1.53

Price Target

N/A

Dividend

N/A

EV/EBITDA

-23.77

P/E

1.4K

EV/Sales

0.36

Sector

Interactive Media and Services

Category

value

Show full summary:
Illumin: I like the Risk/Reward

ILLM.TO: Adtech DSP, Illumin platform with positive reviews; insiders buying post-stock plummet & during CEO transition. 2021 revenue surge on hype, Nasdaq raise $50M @ $10.15/share, now delisting to cut costs. Focused on self-serve growth; repurchased 8.18% shares. EV $31.44M; 2023 EBITDA $1.3M, 2022 $5.8M. Large cash, small debt, undervalued with potential upside if execution succeeds. Transitioning business model, aiming to outperform managed with self-serve revenue. Strong balance sheet, aggressive capital return strategy.

Read full article (7 min)