illumin Holdings Inc.

illumin Holdings Inc.

0.64
CAD
-0.03
(-4.48%)
-0.20EPS
37.26MMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.74
0.88
1.56
1.85
1.79
2.63
2.11
2.12
2.05
2.31
2.74
2.78
3.22
Basic EPS, GAAP
-1.26
-0.36
-0.16
-0.03
-0.21
-0.29
-0.12
0.07
0.2
-0.01
-0.2
0.02
-0.28
-0.2
Free Cash Flow per Basic Share
-1.62
-0.26
-0.09
-0.11
-0.22
-0.23
-0.17
0.28
0.31
-0.03
-0.12
0.08
-0.15
-0.23
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.92
-0.07
-0.07
0.1
0.41
0.25
0.33
0.6
1.86
1.82
1.57
1.54
1.28
1.2
Tangible Book Value per Share
0.92
-0.07
-0.07
-0.14
-0.08
-0.22
0.06
0.45
1.73
1.64
1.33
1.26
0.9
0.79
Basic Weighted Avg Shares
- -
18
23
25
32
39
45
50
58
59
55
51
52
52
Sales/Revenue/Turnover
- -
14
21
40
58
70
119
105
122
121
126
140
144
167
Operating Margin (%)
- -
-39.77
-13.26
2.11
-9.05
-6.45
-0.68
6.66
8.67
-4.56
-9.01
-3.58
-10.29
-7.51
Depreciation Expense
- -
- -
- -
1
3
6
8
9
5
5
5
5
6
7
Net Income, GAAP
- -
-7
-4
-1
-7
-11
-6
4
12
-1
-11
1
-15
-10
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
28.86
8.92
462.5
- -
53.26
- -
- -
Profit Margin (%)
- -
-48.19
-18.43
-1.99
-11.22
-16.06
-4.71
3.52
9.63
-0.62
-8.7
0.62
-10.21
-6.1
Working Capital
- -
2
-1
-1
-4
-5
2
27
106
90
66
63
43
38
LT Debt
- -
4
2
2
1
6
7
11
6
4
6
5
4
4
Total Equity
- -
-1
-2
3
14
10
16
32
113
103
81
79
66
63
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
10.87
11.11
16.8
- -
-2.69
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
10.57
14.67
-2.29
- -
1
- -
- -
Return on Common Equity (%)
-50.99
- -
- -
- -
-75.89
-91.74
-43.56
15.49
16.2
-0.7
-11.95
1.09
-20.21
-15.02

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
51
52
Market Capitalization
53
40
37

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
83
71
80
Cash, Cash Equivalents & STI
44
37
34
Accounts Receivable, Net
36
30
43
Inventories
- -
- -
- -
Total Current Liabilities
40
33
42
Payables & Accruals
39
32
42
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.59%
40.74%
-16.43%
Free Cash Flow
-39.25%
-62.54%
-290.11%
Net Income, GAAP
8.01%
-85.88%
-1,790.66%
Sales/Revenue/Turnover
25.01%
6.66%
2.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25
29
36
50
140
2025
29
33
38
43
144
2026
35
50
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.02
-0.02
0.08
0.02
2025
-0.04
-0.11
-0.04
-0.09
-0.28
2026
-0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Tal Hayek
Full Time Employees
247
Sector
Technology services
Industry
Internet software/Services
Address
70 University Avenue Toronto ON Canada M5J 2M4
IPO Date
Jul 17, 2012
Business
illumin Holdings Inc. (TSX: ILLM) is a technology company that provides an integrated digital advertising platform enabling marketers to plan, execute, and measure targeted campaigns across video, mobile, connected TV (CTV), social, online display, out-of-home, and programmatic channels. The company offers core products and services including its flagship illumin platform for advertising automation, omnichannel intelligence, and real-time bidding; Canvas, a drag-and-drop interface for visually building consumer journey playbooks; Data Intelligence for advanced audience segmentation using first- and third-party data; Pathlight for AI-powered real-time performance analytics, bid optimization, and budget allocation; Exchange service for programmatic media buying; Self-service tools for brands and agencies; Managed services; and integrations with walled gardens like Meta, email platforms, and emerging generative AI forecasting capabilities. illumin serves Fortune 500 enterprises, small- to mid-sized businesses, brands, agencies, and publishers primarily in the advertising technology sector, with a focus on outcomes-based marketing across the full funnel from awareness to conversion. Founded in 2009 and headquartered at 70 University Avenue, Suite 1200, Toronto, Ontario, Canada, illumin operates in the United States (its largest revenue market), Canada, Europe, Latin America, and other international regions. The company, formerly known as AcuityAds Holdings Inc., rebranded to illumin Holdings Inc. in June 2023 to reflect its evolution toward a comprehensive journey advertising platform powered by proprietary machine learning and AI. Recent developments include robust growth in its Exchange service revenue, which surged 103% year-over-year to $20.5 million in Q3 2025, alongside 15% quarterly and 34% year-to-date increases in Self-service revenue (adjusted for client pauses), and the onboarding of 23 net new Self-service clients targeting higher-spend customers. In September 2025, illumin appointed Brian Garrigan as Chief Revenue Officer to drive sales in DSP, ad tech, strategic partnerships, and value-added services as part of its transition to an outcomes-based platform approach emphasizing incrementality measurement and generative AI-powered Self-service enhancements. The company also launched platform innovations such as programmatic guarantee, enhanced CTV support (up over 100% year-over-year), Meta walled garden integration, and an AI-powered forecasting tool previously reserved for large clients, while implementing cost containment, operational restructuring, and a normal course issuer bid repurchasing over 744,000 shares through Q3 2025 to bolster its balance sheet ahead of projected profitability improvements in 2026.

Company News

  • illumin Welcomes Adtech Leader Brian Garrigan as Chief Revenue Officer to Champion Customer Growth and Innovation