illumin Holdings Achieves Record Revenue Growth
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illumin Holdings Achieves Record Revenue Growth

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illumin Holdings (TSE:ILLM) has released an update.

illumin Holdings reports a substantial 23% increase in third-quarter revenue, reaching a record $36.3 million, driven by significant growth in self-service revenue. The company’s self-service segment saw a 64% rise, contributing to a 200% improvement in adjusted EBITDA. Despite a net loss due to foreign exchange and tax expenses, illumin continues to expand its client base and repurchase shares, maintaining strong operational cash flow.

For further insights into TSE:ILLM stock, check out TipRanks’ Stock Analysis page.

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