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illumin Reports Fourth Quarter and Full Year 2025 Financial Results
Globenewswire· 2026-03-13 11:00
Core Insights - The company reported fourth quarter revenue of $43.1 million, a decrease from $49.9 million in the same period last year, but showed a sequential growth of 13% quarter-over-quarter [4] - Exchange service revenue increased by 48% year-over-year to $19.7 million, accounting for 46% of total revenue, while self-service revenue rose 23% sequentially to $10.2 million [4][5] - The company ended 2025 with a net loss of $14.7 million compared to a net income of $0.9 million in 2024, primarily due to lower gross margins and a net foreign exchange loss [4][8] Fourth Quarter 2025 Highlights - Revenue for Q4 2025 was $43.1 million, down from $49.9 million in Q4 2024 [4] - Gross margin decreased to 36% from 45% in the prior year, attributed to a shift in revenue mix [4] - Adjusted EBITDA for Q4 was a loss of $0.9 million, compared to a profit of $3.9 million in Q4 2024 [4] Fiscal Year 2025 Highlights - Full year revenue increased to $143.6 million from $140.4 million in 2024 [4] - Gross margin for the year was 40%, down from 47% in the previous year [4] - The company reported a net loss of $14.7 million for the year, compared to a net income of $0.9 million in 2024 [4] Strategic Developments - The company implemented restructuring initiatives that reduced its North American workforce and resized operating expenses to align with revenue levels [4][11] - Investments of $9.0 million were made in software development related to platform enhancements [11] - A new Chief Revenue Officer was appointed to strengthen sales leadership [11] Cash Position - As of December 31, 2025, the company had cash and cash equivalents of $43.8 million, down from $56.0 million at the end of 2024 [4] - The decrease in cash was primarily due to investments in the platform, lease payments, and share repurchases [4]
illumin Holdings Inc. announces date for Fourth Quarter and Year-End 2025 Financial and Operating Results
Globenewswire· 2026-02-23 12:00
Core Viewpoint - illumin Holdings Inc. will report its fourth quarter and year-end 2025 financial results on March 13, 2026, before market open [1] Group 1: Financial Reporting - The financial results will be discussed in a live webcast featuring CEO Simon Cairns and Interim CFO Michael Amaro [2] - The webcast is scheduled for 8:30 AM ET on March 13, 2026, and will include a question-and-answer session [2] Group 2: Conference Call Details - Investors can register for the conference call webcast through the provided link [3] - It is recommended to connect at least 15 minutes prior to the call for any necessary software downloads [3] - A recording of the conference call will be available on the company's website after the event [3] Group 3: Company Overview - illumin is a leader in digital advertising technology, focusing on empowering marketers with a customer-centric approach [4] - The company provides a unified platform for planning, building, and executing marketing campaigns across various channels [4] - illumin serves clients in North America, Latin America, and Europe, with its headquarters in Toronto, Canada [4]
illumin Holdings Inc. Announces Date for Third Quarter 2025 Financial and Operating Results
Globenewswire· 2025-10-22 11:55
Core Insights - illumin Holdings Inc. will report its third quarter 2025 financial results on November 7, 2025, before market open [1] - A live webcast will be held on the same day at 8:30 AM ET, featuring CEO Simon Cairns and CFO Elliot Muchnik discussing the results [2] Company Overview - illumin is a leader in digital advertising technology, focusing on empowering marketers to make informed decisions in online consumer communication [1] - The company offers a unified platform that integrates various marketing channels, including programmatic advertising, email, and social media, to enhance campaign execution [4] - Headquartered in Toronto, illumin serves clients across North America, Latin America, and Europe [4]