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Lumine Group Inc. Announces Results for the Three and Six Months Ended June 30, 2025
TORONTO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or...
About this update from Lumine Group Inc.
[{"type":"text","content":"Lumine Group Inc. Announces Results for the Three and Six Months Ended June 30, 2025\n\n\n\n TORONTO, Aug. 01, 2025 (GLOBE NEWSWIRE) --\n \n Lumine Group Inc.\n \n (“Lumine Group” or “the Company”) (TSXV:LMN) announces financial results for the three and six months ended June 30, 2025. All amounts referred to in this press release are in US dollars unless otherwise stated.\n \n\n The following press release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2025, and management’s discussion and analysis (“MD&A”) for the three and six months ended June 30, 2025, which can be found on SEDAR+ at www.sedarplus.ca. Additional information about Lumine Group is also available on SEDAR+ and on Lumine Group’s website www.luminegroup.com.\n \n\n\n Q2 2025 Headlines:\n \n\n\n\n Revenue grew 13% to $184.0 million compared to $162.8 million in the same quarter prior year (including 6% organic growth after adjusting for foreign exchange impacts).\n \n\n The Company generated operating income\n \n 1\n \n of $62.7 million during the quarter, a 71% increase from $36.6 million in the same quarter prior year.\n \n\n The Company generated net income of $23.6 million during the quarter, from net loss of $2.2 million in the same quarter prior year.\n \n\n Cash flows from operations (“CFO”) increased $68.7 million to $78.4 million compared to $9.7 million in Q2 2024, representing an increase of 705%.\n \n\n Free cash flow available to shareholders\n \n 1\n \n (“FCFA2S”) increased $69.6 million to $72.4 million compared to $2.8 million in Q2 2024.\n \n\n\n\n\n\n Year-to-Date Q2 2025 Headlines:\n \n\n\n\n Revenue grew 19% to $362.6 million compared to $303.9 million in the same six-month period prior year (including 1% organic growth after adjusting for foreign exchange impacts).\n \n\n The Company generated operating income of $122.2 million in the six-month period ended June 30, 2025, an increase of 51% from $81.1 million in the same period prior year.\n \n\n The Company generated net income of $44.3 million during the six-month period ended June 30, 2025, from net loss of $306.6 million in the same period prior year.\n \n\n CFO increased $73.8 million to ...