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Lumine Group Inc. (LMN $48.38)
- $48.38 P/E (TTM): 186.96X Cap: $12.57B
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Q: How material is this latest acquisition and any other thoughts..
Thanks Ken

Asked by Ken on January 24, 2025

5i Research Answer:

Terms were not disclosed, so we cannot really tell yet its materiality. More info will be revealed in the Q1 report. As a division of a larger company, the deal looks fairly typical for LMN, though it is their first in Germany. We do not think it is hugely material based on what information we have available.

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