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illumin Holdings Inc., a technology company, provides digital media solutions in Canada, the United States, Europe, Latin America, and internationally. The company offers a programmatic marketing platform that enables advertisers to connect with their audiences across video, mobile, out-of-home, social, CTV and online display advertising campaigns. Its platform also allows advertisers to manage their purchasing of online display advertising in real-time using programmatic ad buying. In addition, the company offers illumin platform, an advertising automation technology that provides planning, media buying, and omnichannel intelligence, as well as allows advertisers to map their consumer journey playbooks across screens and execute in real-time using programmatic technology. It serves Fortune 500 enterprises and small to mid-sized businesses. The company was formerly known as AcuityAds Holdings Inc. and changed its name to illumin Holdings Inc. in June 2023. illumin Holdings Inc. was founded in 2009 and is headquartered in Toronto, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Public disclosures for illumin Holdings Inc. (ILLM.TO) are limited, so readily verifiable details about its core business and assets are not available. Because of the information gap, major long-term growth drivers and concrete reasons for investor interest cannot be reliably assessed; prospective investors should consult the company's filings and management statements for primary information.
Principal risks include limited public disclosure and transparency, likely low trading liquidity, and attendant execution and financing uncertainty.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -14.80M | 1.85M | -12.08M | 0.21M | 11.71M |
| Net income | -14.66M | 0.87M | -10.99M | -0.75M | 11.75M |
| Selling general administrative | 17.27M | 44.73M | 20.39M | 20.60M | 14.17M |
| Selling and marketing expenses | 30.39M | - | 26.10M | 24.04M | 22.27M |
| Gross profit | 51.43M | 65.46M | 54.81M | 60.79M | 63.56M |
| Reconciled depreciation | 6.09M | - | - | 4.85M | 5.06M |
| Ebit | -14.78M | - | -11.38M | -5.52M | 9.39M |
| Ebitda | -8.69M | - | -5.89M | -0.66M | 14.44M |
| Depreciation and amortization | 6.09M | - | 5.48M | 4.85M | 5.06M |
| Operating income | -14.78M | -5.03M | -11.38M | -5.52M | 9.39M |
| Other operating expenses | 158.37M | - | 137.69M | 126.56M | 112.64M |
| Interest expense | 0.38M | - | 1.15M | 0.54M | 1.05M |
| Tax provision | -0.14M | 0.99M | -1.09M | 0.96M | 1.15M |
| Interest income | - | 6.89M | 0.70M | 5.73M | 2.32M |
| Net interest income | 1.40M | - | - | -0.54M | -1.05M |
| Income tax expense | -0.14M | - | -1.09M | 0.96M | 1.15M |
| Total revenue | 143.59M | 140.39M | 126.32M | 121.04M | 122.03M |
| Total operating expenses | 66.21M | - | 66.19M | 66.30M | 54.18M |
| Cost of revenue | 92.16M | 74.93M | 71.50M | 60.25M | 58.46M |
| Total other income expense net | -0.01M | - | -0.70M | 6.27M | 3.37M |
| Net income from continuing ops | -14.66M | - | - | -0.75M | 10.56M |
| Net income applicable to common shares | - | 0.87M | -10.99M | -0.75M | 10.56M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 110.15M | 125.82M | 116.89M | 141.65M | 149.83M |
| Intangible assets | 14.77M | 9.35M | 7.62M | 5.23M | 3.04M |
| Other current assets | 2.19M | - | 4.12M | - | - |
| Total liab | 44.10M | 46.79M | 36.20M | 38.52M | 36.77M |
| Total stockholder equity | 66.05M | 79.03M | 80.70M | 103.13M | 113.06M |
| Other current liab | 0.27M | - | 0.72M | - | - |
| Common stock | 112.12M | 111.13M | 108.77M | 119.93M | 124.04M |
| Capital stock | 112.12M | - | - | - | - |
| Retained earnings | -46.12M | -34.76M | -32.33M | -21.80M | -21.60M |
| Good will | 4.87M | 4.87M | 4.87M | 4.87M | 4.87M |
| Other assets | - | 0.12M | 0.00M | 0.70M | 0.08M |
| Cash | 43.82M | - | 55.45M | - | - |
| Cash and equivalents | - | 55.95M | - | 85.94M | 102.21M |
| Total current liabilities | 40.03M | 40.85M | 29.06M | 33.50M | 30.77M |
| Net debt | -39.15M | - | -47.46M | - | - |
| Short term debt | 0.60M | 0.00M | 1.86M | 0.00M | 0.00M |
| Short long term debt total | 4.67M | - | 7.99M | - | - |
| Other stockholder equity | 3.74M | - | 6.58M | - | - |
| Property plant equipment | - | 7.41M | - | 7.12M | 5.37M |
| Total current assets | 82.56M | 104.08M | 95.02M | 123.73M | 136.46M |
| Net receivables | 36.56M | 44.65M | 35.44M | 33.79M | 30.97M |
| Long term debt | - | 0.00M | - | 0.19M | 3.85M |
| Accounts payable | 39.15M | - | 26.49M | - | - |
| Accumulated other comprehensive income | -3.69M | - | -2.31M | - | - |
| Non currrent assets other | 0.11M | - | 0.06M | - | - |
| Non current assets total | 27.58M | - | 21.88M | - | - |
| Capital lease obligations | 4.67M | - | - | - | - |
| Long term debt total | - | 4.70M | - | 3.96M | 6.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | - | - | -3.83M | -2.33M |
| Total cashflows from investing activities | -11.93M | -5.95M | -5.24M | -3.83M | -2.33M |
| Net borrowings | -1.84M | - | - | - | - |
| Total cash from financing activities | -3.22M | -7.54M | -22.99M | -19.35M | 58.81M |
| Net income | -14.66M | 0.87M | -10.99M | -0.75M | 10.56M |
| Change in cash | -12.13M | 0.50M | -30.49M | -16.27M | 79.57M |
| Begin period cash flow | 55.95M | - | 85.94M | 102.21M | 22.64M |
| End period cash flow | 43.82M | - | 55.45M | 85.94M | 102.21M |
| Total cash from operating activities | 3.97M | 10.13M | -1.39M | 1.78M | 19.69M |
| Issuance of capital stock | - | - | - | 0.00M | 63.96M |
| Depreciation | 6.09M | 5.36M | 5.48M | 4.85M | 5.06M |
| Change to inventory | - | - | - | -1.93M | -0.43M |
| Change to account receivables | 8.35M | - | -0.30M | -2.82M | 0.89M |
| Sale purchase of stock | -1.57M | -5.28M | -15.31M | -14.50M | 65.09M |
| Other cashflows from financing activities | -1.78M | - | -3.02M | 1.81M | 3.11M |
| Capital expenditures | 2.91M | 5.95M | 5.24M | 3.83M | 2.33M |
| Change in working capital | 7.18M | 5.29M | -4.83M | -1.01M | 1.99M |
| Stock based compensation | 3.45M | - | 5.72M | 5.85M | 4.13M |
| Other non cash items | 5.36M | - | 22.01M | -8.12M | 1.05M |
| Free cash flow | 1.06M | - | -6.63M | -2.05M | 17.37M |
Sector: Communication Services Industry: Advertising Agencies
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Stock Name
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Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
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Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ILLM illumin Holdings Inc. |
0.03 4.76% |
0.66 | - | 52.08 | 0.32 | 0.65 | 0.03 | 27.61 |
illumin Holdings Inc., a technology company, provides digital media solutions in Canada, the United States, Europe, Latin America, and internationally. The company offers a programmatic marketing platform that enables advertisers to connect with their audiences across video, mobile, out-of-home, social, CTV and online display advertising campaigns. Its platform also allows advertisers to manage their purchasing of online display advertising in real-time using programmatic ad buying. In addition, the company offers illumin platform, an advertising automation technology that provides planning, media buying, and omnichannel intelligence, as well as allows advertisers to map their consumer journey playbooks across screens and execute in real-time using programmatic technology. It serves Fortune 500 enterprises and small to mid-sized businesses. The company was formerly known as AcuityAds Holdings Inc. and changed its name to illumin Holdings Inc. in June 2023. illumin Holdings Inc. was founded in 2009 and is headquartered in Toronto, Canada.
| Name | Title | Year Born |
|---|---|---|
| Ms. Rachel Kapcan | Co-Founder & Chief Product Officer | 1965 |
| Mr. Elliot Muchnik C.A., CPA | Chief Financial Officer | NA |
| Mr. Oren Hisherik | Chief Information & Technology Officer | NA |
| Mr. Simon Cairns | Chief Executive Officer | 1971 |
| Dr. Nathan Mekuz Ph.D. | Co-Founder & VP of Artificial Intelligence | 1972 |
| Mr. Joe Ontman | Co-Founder, Chief Business Development Officer & Interim Chief Revenue Officer | 1973 |
| Ms. Bridget Westerholz | Senior Vice President of Marketing | NA |
| Mr. Seraj Bharwani | Chief Strategy Officer | NA |
| Ms. Sophie Denault | Head of Sales for Eastern Canada | NA |
| Ms. Kristen Oliver | Chief Empowerment Officer | NA |
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