Luminar Media Group, Inc. Reports Sixth Consecutive Quarter of Growth, Delivering Record Funding Volume in Q3 2025
Rhea-AI Summary
Luminar Media Group (OTC:LRGR) reported preliminary Q3 2025 operating results showing its sixth consecutive quarter of growth and record funding volume. Q3 funding totaled $3,353,100, led by a record single month in September of $1,295,600. Q3 funding represents a 175% year-over-year increase versus Q3 2024, and the last two quarters combined delivered $6,585,698, more than double full-year 2024 funding of $3,169,800. The company expects to file official Q3 financial disclosures by November 14, 2025.
Positive
- Record quarterly funding of $3,353,100 in Q3 2025
- Record monthly originations of $1,295,600 in September 2025
- Q3 funding +175% year-over-year versus Q3 2024
- Last two quarters funding $6,585,698, >2x full-year 2024 funding
Negative
- Reported figures are preliminary pending official Q3 financial filing by November 14, 2025
- Company reports on the OTC market (OTCID:LRGR), which can have lower liquidity and reporting visibility
Record-Breaking Q3 Funding Volume, Surging Year-Over-Year Growth, and the Sixth Consecutive Quarter of Expansion Highlight Fortun's Momentum
MIAMI, FLORIDA / ACCESS Newswire / October 8, 2025 / Luminar Media Group, Inc. (OTCID:LRGR), together with its subsidiaries Fortun Advance, LLC; Fortun Funding, LLC; Fortun Online, LLC and related affiliates (collectively, "Fortun"), today announced preliminary third-quarter 2025 results reflecting the Company's sixth consecutive quarter of growth, led by a record-setting September that delivered record-breaking funding and a new quarterly funding record - the highest quarterly funding volume in the Company's history.
Record Monthly Funding Volume
September 2025 closed the quarter with a surge of momentum, marking the single largest funding month in the Company's history. Fortun originated
Q3 2025 Highlights
Fortun delivered record-breaking results across every key performance metric, setting new highs in receivables, assets, total bank deposits, overall funding volume, and the number of funded deals. During the third quarter of 2025, the Company funded
Quarter-over-Quarter and Year-over-Year Strength
Fortun's growth trajectory continues to accelerate at an exceptional pace. To put the results in perspective, on a year-over-year basis, Q3 2025 funding of
Executive Commentary
"When we reported Q2, the most common question we were asked was whether we could deliver these types of numbers consistently. Our back-to-back quarters exceeding
Juan Sese, the Company's VP of Finance, added, "With last month being our biggest month ever, and as Fortun continues to develop, strengthen its systems, and expand its reach, we are poised to deliver further growth and set even higher standards for performance heading into Q4 and beyond. Ending this quarter with a record-breaking month is a testament to that."
Next Steps
The Company expects to file its official Q3 2025 financial disclosures no later than November 14, 2025, following customary review and confirmation by its accounting team.
About Luminar Media Group, Inc.
Luminar Media Group, Inc. (OTC:LRGR), through its subsidiaries operating under the Fortun brand (Fortun Advance, LLC; Fortun Funding, LLC; Fortun Online, LLC and affiliates), provides revenue-based financing solutions primarily to small and medium-sized businesses across the United States. The Company's mission is to empower underserved entrepreneurs - particularly within Latino and minority business communities - by offering accessible, transparent, and data-driven capital alternatives. Fortun's technology-enabled platform evaluates ACH activity, sales data, and other financial indicators to deliver rapid funding decisions and support sustainable growth.
For more information: www.fortunco.com
Investor Relations Contact
Robert Rico
305-283-9237
Robert@FortunCo.com
Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on current expectations, estimates, and projections about the industry and markets in which the Company operates, management's beliefs, and certain assumptions made by the Company. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, changes in economic conditions, demand for the Company's products and services, competition, regulatory changes, and other risks described from time to time in the Company's filings and public disclosures. Preliminary financial and operating metrics referenced herein are unaudited and subject to customary review and final accountant confirmation. The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances.
SOURCE: Luminar Media Group, Inc.
View the original press release on ACCESS Newswire