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illumin Holdings Inc. reports developments in digital advertising technology through a strategic advertising platform for marketers and agencies operating across the open web. Company updates focus on programmatic advertising, connected campaign planning and execution, audience targeting, privacy-safe audience intelligence, platform upgrades, and partnerships that support campaign measurement and real-time performance signals.
Recurring news also covers illumin's financial results, including Exchange Service, Managed Service, and Self Service revenue trends, gross margin, adjusted EBITDA, product investment, operating structure, and governance changes involving executive leadership, board composition, and board committees. The company serves clients across North America, Latin America, and Europe.
illumin (OTCQB:ILLMF, TSX:ILLM) will report fourth quarter and year-end 2025 financial results before market open on March 13, 2026.
A live webcast and Q&A with CEO Simon Cairns and Interim CFO Michael Amaro is scheduled for March 13, 2026 at 8:30 AM ET; a replay will be available on the company website after the call.
illumin (OTCQB:ILLMF) announced board changes effective Feb 1, 2026, accepting the resignations of directors Roger Dent, Michele Tobin, and Yishay Waxman and reducing the board from seven to five members.
The board appointed Bruce Barker as director and Audit Committee member, and named Paul Khawaja CCGC Chair with Tal Hayek and Bruce Barker as CCGC members.
illumin (OTCQB: ILLMF, TSX: ILLM) announced a major upgrade to its advertising platform on Jan 27, 2026 that ties programmatic activity to in-market business outcomes while budgets remain active. The company reports up to 50% audience reach extension, a 40% lift in Connected TV performance, and 25% lower retargeting costs. New features—Canvas, AI-powered Insights, and Impact—embed performance visibility into workflow to enable real-time optimization, reduce operational handoffs, and expand access to curated sports and Connected TV inventory. The updated platform is available immediately, with further enhancements planned through 2026.
illumin (OTCQB: ILLMF) announced on Jan 7, 2026 that Chief Financial Officer Elliot Muchnik is leaving effective immediately to pursue other opportunities.
The company has appointed Michael Amaro as Interim Chief Financial Officer; Mr. Amaro is a CPA with over 25 years of tech and media experience and has worked at the company for over three years as vice president, finance. The company may begin a search for a permanent CFO and expects to fill the role in the coming months while the finance team focuses on execution and continuity.
illumin (TSX:ILLM / OTCQB:ILLMF) received TSX approval to renew a normal course issuer bid (NCIB) to repurchase up to 3,858,045 common shares, representing about 10% of the public float as at December 17, 2025. The NCIB starts December 31, 2025 and may run to December 30, 2026. The company reported an ADTV of 101,116 shares (June 1–Nov 30, 2025), making the daily purchase limit 25,279 shares (25% of ADTV).
Purchases will be made on-market via a broker, including through an automatic share purchase plan (ASPP) pre-cleared by the TSX to allow buys during blackout periods. Under the prior NCIB the company repurchased 1,025,552 shares at an average price of $1.53 per share.
illumin (OTCQB: ILLMF, TSX: ILLM) reported Q3 2025 revenue of $38.2M, up 5% year‑over‑year, led by a 103% increase in Exchange service revenue to $20.5M. Self service was $8.3M (adjusted growth of 15% for the quarter and 34% year-to-date excluding one paused client) and Managed service fell to $9.4M amid market uncertainty. Gross margin declined to 38% from 47% a year earlier, while net revenue (gross profit) was $14.4M. Adjusted EBITDA was approximately $0.2M versus $1.9M a year ago. Net loss was $2.1M for the quarter. The company repurchased 744,108 shares year‑to‑date for $1.2M and appointed Brian Garrigan as CRO to support its outcomes-based platform strategy.
illumin Holdings (OTCQB: ILLMF) will report Third Quarter 2025 financial results before market open on Friday, November 7, 2025. A live webcast and presentation with CEO Simon Cairns and CFO Elliot Muchnik will begin at 8:30 AM ET, followed by Q&A. Investors must register to join the webcast and are advised to connect at least 15 minutes early to allow for any software downloads. A recording will be available after the call on the company investor website. illumin is a Toronto-based digital advertising technology company serving North America, Latin America, and Europe.
illumin (OTCQB: ILLMF) appointed Brian Garrigan as Chief Revenue Officer effective October 15, 2025. Garrigan brings more than a decade of adtech sales leadership and will report to CEO Simon Cairns. He will oversee global sales, account management, and client success and focus on expanding illumin’s reach across North America, Latin America, and Europe. Management cites his track record of building teams that deliver double-digit growth and strengthening client partnerships to scale illumin’s programmatic and CTV platform.
illumin (OTCQB: ILLMF) unveiled a new brand identity and tagline, “See More. Achieve More.”, with a high‑impact Advertising Week New York takeover on October 7, 2025.
The company launched a global omnichannel campaign across CTV, DOOH, programmatic display, and Meta to introduce a unified journey advertising platform and AI‑powered solutions. Announced platform enhancements include launching campaigns up to 40% faster, combined campaign/tactic/creative/audience editing, bulk actions across campaigns, and a new tactical‑level forecasting tool.
The repositioning emphasizes AI optimization, faster workflows, and a single platform for programmatic, email, and social execution.
illumin Holdings (OTCQB:ILLMF) reported Q2 2025 financial results with revenue of $33.1 million, up 13% year-over-year. The growth was driven by Exchange service revenue increasing 114% to $13.0 million and Self service revenue rising 5% to $9.2 million, while Managed service revenue declined 24% to $10.9 million.
The company reported a net loss of $5.8 million compared to $1.0 million in Q2 2024, and Adjusted EBITDA loss of $1.0 million versus a profit of $0.5 million last year. illumin implemented cost reduction initiatives, including a 10% workforce reduction in North America and decreased real estate footprint. The company also launched a new AI forecasting tool with strong customer engagement, testing by over 60% of existing users.
[ "Revenue grew 13% YoY to $33.1 million", "Exchange service revenue surged 114% YoY to $13.0 million", "Successfully onboarded 31 new Self service clients", "New AI forecasting tool achieved 60% testing adoption rate", "Implemented cost reduction initiatives to improve profitability" ]