Group 1 - Company illumin Holdings Inc. will report its second quarter 2025 financial results before market open on August 7, 2025 [1] - A live webcast will be held on August 7, 2025, at 8:30 AM ET, featuring CEO Simon Cairns and CFO Elliot Muchnik discussing the financial results [2] - The company is evolving the digital advertising landscape by providing a customer-centric approach that allows marketers to achieve transformative results [4] Group 2 - illumin's platform integrates programmatic channels, email, and social media, enabling seamless campaign planning and execution across the marketing funnel [4] - The company is headquartered in Toronto, Canada, and serves clients across North America, Latin America, and Europe [4] - For further inquiries, investor relations contacts are provided for both Canada and the U.S. [5]

TORONTO and NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM, OTCQB:ILLMF) (“illumin” or “Corporation”), the advertising technology platform that enables you to win your next customer, today announced that at its annual general meeting of shareholders held on June 11, 2025 (the “Meeting”), all director nominees proposed by the management of the Corporation were elected as directors of the Corporation, as follows: NomineeVotes “For”% Votes ForVotes “Against”% Votes AgainstSheldon P ...

Core Insights - illumin Holdings Inc. reported a 17% year-over-year increase in revenue for Q1 2025, reaching $29.1 million, driven primarily by a 148% surge in Exchange service revenue [3][4][6] - The company successfully onboarded 18 new Self-service clients, aligning with its strategy to attract higher-spend clients [3][4] - Despite revenue growth, the company experienced a net loss of $1.9 million, attributed to increased operating costs and a lower net foreign exchange gain [4][6] Financial Performance - Total revenue for Q1 2025 was $29.1 million, up from $24.95 million in Q1 2024 [4][17] - Exchange service revenue increased to $12.0 million, a 148% rise from the previous year, while Managed service revenue decreased to $8.7 million from $11.8 million [4][17] - Self-service revenue was $8.4 million, representing 29% of total revenue, showing slight year-over-year growth [4][17] Operational Highlights - Gross margin for Q1 2025 was 45%, down from 47% in the same period last year, reflecting a shift towards lower-margin services [4][17] - Adjusted EBITDA loss was $0.4 million, compared to a break-even result in Q1 2024, due to higher sales and marketing expenses [4][6] - The company maintained a strong cash position with cash and cash equivalents at $54.0 million as of March 31, 2025 [4][17] Strategic Initiatives - The company is focusing on a customer-centric portfolio platform approach, allowing clients to select their support options [3][4] - Continued investments in the Self-service platform and Exchange service are being balanced with liquidity and cost management efforts [3][4] - The company has initiated a normal course issuer bid (NCIB) to repurchase up to 3,914,167 common shares, representing approximately 10% of its public float [4]