Added to YB: 2026-10-15
Pitch date: 2026-10-13
LMN.V [neutral]
Lumine Group Inc.
+2.21%
current return
Author Info
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Company Info
Lumine Group Inc. develops, installs, and customizes software, and related professional and support services worldwide.
Market Cap
CAD 3.9B
Pitch Price
CAD 22.22
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.41
P/E
36.73
EV/Sales
4.71
Sector
Software
Category
turnaround
The AI Diagnostic for CSU & Spin-Offs - Lumine Group Inc.
LMN.V (earnings): Lumine’s near-term results may send misleading signals as it simultaneously absorbs Imagine Communications and Quortex after aggressive M&A. Q2 FX-adjusted organic growth was only 1%, while 28% revenue growth was mainly acquisition-driven. Integration and retention at Synchronoss, Quortex and Imagine now matter more than another large deal; further leverage increases would be concerning if organic growth stays near 1% and cash conversion does not recover; bank debt reached $481.7M at June 30, 2026.
Read full article (3 min)