Q: Hi 5i Team - Could you provide a summary of Lumine with answers to the following questions. A summary of its fundamentals including revenue, earnings, free cash flow, profitability, debt, cash on hand and anything else that might apply.
How much revenue and earnings growth is projected over the next year as well as over the next three and five years.
I believe the share count is around 256 million. How much of this is owned by Constellation Software, Insiders, and Institutional holders and how many are left over for the public float. Is it highly likely that they will never issue any shares.
My understanding is that one analyst follows this company. Is this accurate.
Lumine is my number one growth stock at this point. Do you share this opinion.
Thank you.
How much revenue and earnings growth is projected over the next year as well as over the next three and five years.
I believe the share count is around 256 million. How much of this is owned by Constellation Software, Insiders, and Institutional holders and how many are left over for the public float. Is it highly likely that they will never issue any shares.
My understanding is that one analyst follows this company. Is this accurate.
Lumine is my number one growth stock at this point. Do you share this opinion.
Thank you.
5i Research Answer:
Our report on Lumine will cover most of these questions, and more. In 2023, revenue was $499.7M (US$), it lost $2.8B but this was all due to an accounting non-cash adjustment on CSU preferred share conversion, cash from operations was $97.2, EBITDA was $151.2M. Cash was $146M, debt $166M. Two analysts TD and Veritas, but projections do not go out far. Projections are not overly useful here as the company's growth will come largely from acquisitions so much will depend on what deals it does. CSU owns ~60% on a fully-diluted basis. We like its prospects a lot, and would consider it one of the best 'park and forget' stocks in Canada today.