Lumine Group Inc (TSE:LMN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Lumine Group Inc. reports a significant revenue increase of 25% in Q2 2024 and 35% for the first half of the year, despite experiencing a net loss and a substantial decrease in cash flows and free cash flow to shareholders. The company’s operating income showed marginal growth in the quarterly comparison but a robust 40% increase in the half-year report. These financial results reflect both the challenges and growth dynamics facing Lumine Group.
For further insights into TSE:LMN stock, check out TipRanks’ Stock Analysis page.