skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. GOOG: Hi 5i, and would welcome your review of the Quarterly results from illumin Holdings. [Alphabet Inc.]
You can view 2 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 5i, and would welcome your review of the Quarterly results from illumin Holdings. Do you see any red flags or concerns with the recent performance and future business prospects conveyed? At a past point in time they had a large cash cushion that presumably provided a floor for the stock price, hence can you please comment on how they're using that cash recently. All things considered, do you see any rays of sunshine, and could you consider it a hold or a little better?
Asked by Michael on March 08, 2024
5i Research Answer:

In Q4-2023, ILLM reported a wider loss than expected, EPS came at -$0.14 compared to expectation of -$0.06 and revenues declined 8% to $37M, missing estimates of $39.1M. Operating results do not look great. Gross margin remains unchanged compared to last year at 49%. The company also repurchased shares at a small scale of $2.1M during the quarter. The company now has $55M in net cash compared to a market cap of $80M.There was a recent CEO purchase. ILLM is trading at a distressed valuation as investors are worried about the competitiveness of the company in this industry. ILLM also operates in an industry with intense competition from large players such as META, and GOOG. Growth may pick back up for the company, but we would prefer a strong name at this time such as TTD. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in META, GOOG, TTD.

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