Vertical Market Software is software designed to meet the unique needs of a particular industry. This software is specialized for the particular processes, regulations, and workflows of an industry, and helps to streamline the required workflows.
In the context of Lumine, its media clients include Titanium (telecommunications and government organizations), WideOrbit (digital ad sales), Wiztivi (cloud gaming), Tomia (data and financial clearing), and many others. We would consider the outlook to be positive given the general trajectory of the communication sector and increasing competition regarding digitization and rising need for cloud solutions, etc. LMN has demonstrated strong sales growth and the company continues to see opportunities for future acquisitions and inorganic growth.