Associated tags: Machine learning, Algorithm, TSX, Entrepreneurship
Locations: TORONTO, ON, CA, NEW YORK, BOSTON, CANADA, EUROPE, NORTH AMERICA, LATIN AMERICA, STAPLES, TAL
TORONTO, May 09, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the first quarter ended March 31, 2024.
Key Points:
- TORONTO, May 09, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the first quarter ended March 31, 2024.
- illumin self-serve revenue was $8.4 million in the quarter, or 33.6% of total revenue, and was up 282% versus Q1 2023.
- The Company onboarded 23 net new illumin self-serve clients during the quarter, resulting from sales initiatives targeting higher-spend customers.
- Our Q1 results compared well to our seasonally strongest quarter, or Q4 2023, where illumin self-serve revenue reached $8.9 million.
This new integration dramatically reduces the turnaround time for building and utilizing custom audiences for political campaigns, revolutionizing the landscape of political campaign marketing.
Key Points:
- This new integration dramatically reduces the turnaround time for building and utilizing custom audiences for political campaigns, revolutionizing the landscape of political campaign marketing.
- illumin Elect maximizes the capabilities of its existing connected journey advertising platform, facilitating efficient customization of political advertisements.
- Marketers gain access to integrated social media campaigns across Facebook and Instagram, enabling tailored political campaigns that engage voters throughout the entire marketing journey.
- “Through this unique partnership with L2, illumin Elect will herald a new era in the efficient orchestration of political campaign management,” said Rachel Kapcan, Chief Product Officer at illumin.
TORONTO, April 11, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, is pleased to announce that it will report its first quarter 2024 financial results before market open on Thursday, May 9, 2024.
Key Points:
- TORONTO, April 11, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, is pleased to announce that it will report its first quarter 2024 financial results before market open on Thursday, May 9, 2024.
- The Company will host a live webcast to discuss the results on Thursday, May 9th, 2024, at 8:30 am Eastern Time.
- The webcast will be hosted by Simon Cairns, Chief Executive Officer, and Elliot Muchnik, Chief Financial Officer, with a question-and-answer session to follow.
- Please connect at least 15 minutes prior to ensure time for any software download that may be needed to hear the webcast.
Retrieved on:
Wednesday, March 27, 2024
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Management TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced the appointment of Simon Cairns as Chief Executive Officer, effective April 15th.
Key Points:
- TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced the appointment of Simon Cairns as Chief Executive Officer, effective April 15th.
- Mr. Cairns is a highly experienced executive with a successful track record driving growth and performance in technology, services, and SaaS platform companies.
- Mr. Cairns successfully completed the executive leadership program at Harvard Business School and holds a Bachelor’s degree from the University of Victoria.
- Tal Hayek, Co-Founder and Chief Executive Officer of illumin, stated, “I am extremely excited Simon has agreed to serve as illumin’s next CEO.
TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the fourth quarter and full year ended December 31, 2023.
Key Points:
- Self-service revenue growth was driven by an increase in new illumin self-service customers and higher illumin self-service platform utilization.
- illumin self-service revenue was $8.9 million in the quarter, up 75% from $5.1 million in the prior quarter and up 271% versus Q4 2022.
- This represented 24% of revenue in the fourth quarter, up from 6% in the prior year period, and was driven largely by new customer relationships and by increased illumin platform utilization.
- The Company onboarded 33 net new illumin self-service clients during the quarter similar to the prior quarter, reflecting sales initiatives targeting higher-spend clients and positioning the Company for further illumin self-service revenue growth in Q1 2024 on a year-over-year basis.
Retrieved on:
Monday, February 12, 2024
TORONTO, Feb. 12, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, is pleased to announce that it will report its fourth quarter & full year 2023 financial results before market open on Thursday, March 7, 2024.
Key Points:
- TORONTO, Feb. 12, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, is pleased to announce that it will report its fourth quarter & full year 2023 financial results before market open on Thursday, March 7, 2024.
- The Company will host a live video webcast to discuss the results on Thursday, March 7th, 2024, at 8:30 am Eastern Time.
- The webcast will be hosted by Tal Hayek, Co-Founder and Chief Executive Officer, and Elliot Muchnik, Chief Financial Officer, with a question-and-answer session to follow.
- Please connect at least 15 minutes prior to the conference call to ensure time for any software download that may be needed to hear the webcast.
TORONTO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM) (“illumin” or the “Company”) announced that effective today, Mr. Nadeem Ahmed, Chief Revenue Officer, is no longer with illumin.
Key Points:
- TORONTO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM) (“illumin” or the “Company”) announced that effective today, Mr. Nadeem Ahmed, Chief Revenue Officer, is no longer with illumin.
- The Company thanks Mr. Ahmed for his services and wishes him great success in his future endeavours.
- The Company is in the process of identifying Mr. Ahmed’s successor, and on an interim basis, his responsibilities will be assumed by Joe Ontman, the Company’s Chief Business Development Officer and Co-Founder.
Retrieved on:
Thursday, December 7, 2023
TORONTO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM) (“illumin” or the “Company”) announced today that it will voluntarily file a Form 15F with the United States Securities and Exchange Commission (the “SEC”) to terminate the registration of its common shares under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and its reporting obligations under Section 13(a) and Section 15(d) of the Exchange Act.
Key Points:
- TORONTO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM) (“illumin” or the “Company”) announced today that it will voluntarily file a Form 15F with the United States Securities and Exchange Commission (the “SEC”) to terminate the registration of its common shares under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and its reporting obligations under Section 13(a) and Section 15(d) of the Exchange Act.
- Management of the Company believes that the costs associated with continuing the registration and reporting under the Exchange Act outweigh the benefits received by the Company from maintaining its registration.
- The termination will become effective 90 days after the date of filing of the Form 15F with the SEC, or within such shorter period as the SEC may determine.
- Upon filling of the Form 15F, the Company’s reporting obligations under the Exchange Act will be immediately suspended.
Retrieved on:
Thursday, November 9, 2023
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Bookkeeping TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or the “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the third quarter ended September 30, 2023.
Key Points:
- TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or the “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the third quarter ended September 30, 2023.
- Third quarter 2023 revenue was $29.6 million up 2.4% year-over-year, reflecting growth in our self-serve business.
- The Company onboarded 33 net new self-serve clients during the quarter, reflecting sales initiatives targeting higher-spend clients and positioning the Company for continued illumin self-serve revenue growth in Q4 2023.
- Tal Hayek, Co-Founder and Chief Executive Officer of illumin, stated, “During the third quarter, we generated substantial year-over-year growth in illumin self-serve revenue.
Retrieved on:
Thursday, November 9, 2023
TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM) (“illumin” or “Company”) announced today that it has received approval from the Toronto Stock Exchange ("TSX") to proceed with a normal course issuer bid ("NCIB").
Key Points:
- TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM) (“illumin” or “Company”) announced today that it has received approval from the Toronto Stock Exchange ("TSX") to proceed with a normal course issuer bid ("NCIB").
- Under the NCIB, the Company may purchase for cancellation up to 4,330,226 common shares of the Company (the "Shares").
- As at November 2, 2023, illumin had 51,684,235 Shares issued and outstanding.
- Pursuant to a previous normal course issuer bid, illumin sought acceptance of the TSX to purchase up to 5,500,000 Shares and which was accepted by the TSX on May 16, 2022 and expired on May 15, 2023.
