skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. LMN: Hi team, What’s your take on Lmn’s quarterly results tonight ? [Lumine Group Inc.]
You can view 0 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi team,
What’s your take on Lmn’s quarterly results tonight ?

Thanks,
Shane
Asked by Shane on May 02, 2025
5i Research Answer:

Q1 sales rose 27% to $178.7M, ahead of estimates of $175M. Organic growth was -4%. Operating income rose 34% to $44.5M. Net income $20.8M vs a loss of $304.3M last year due to the conversion of preferred shares. Cash flow increased 15% to $40.1M. Free cash flow increased 22%. EBITDA of $87.8M beat estimates by 45%. Note the company does not release adjusted earnings but GAAP earnings per share of 8c beat estimates of 5 cents. Results look fine overall. We are still looking for better organic growth but we think this will come with time. Cash is $252M. Acquisitions were not discussed. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind