OTC Markets OTCPK - Delayed Quote • USD Lumine Group Inc. (LMGIF) Follow Compare 26.65 -1.16 (-4.17%) As of 10:41:54 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Change of Directors at Lumine Group TORONTO, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group”) (TSXV:LMN) announced today the resignation of Robin van Poelje from, and the appointment of Laurie Schultz to, Lumine Group’s Board of Directors (“Board”). “We want to thank Robin for his contributions during his tenure with the Lumine Group Board. His guidance and support was invaluable and we wish him continued success in his future endeavors,” said Mark Miller, Chair of the Board. “With today’s announcement, we are Lumine Group Third Quarter 2024 Earnings: EPS: US$0.071 (vs US$2.42 loss in 3Q 2023) Lumine Group ( CVE:LMN ) Third Quarter 2024 Results Key Financial Results Revenue: US$168.8m (up 28% from 3Q 2023). Net... Lumine Group Inc. Announces Results for the Three and Nine Months Ended September 30, 2024 TORONTO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV:LMN) announces financial results for the three and nine months ended September 30, 2024. All amounts referred to in this press release are in US dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2024, and management’s discussio Lumine Group Inc.'s (CVE:LMN) last week's 6.1% decline must have disappointed public companies who have a significant stake Key Insights Significant control over Lumine Group by public companies implies that the general public has more power... Lumine Group Second Quarter 2024 Earnings: US$0.009 loss per share (vs US$6.62 loss in 2Q 2023) Lumine Group ( CVE:LMN ) Second Quarter 2024 Results Key Financial Results Revenue: US$162.8m (up 25% from 2Q 2023... Lumine Group Inc. Announces Results for the Three and Six Months Ended June 30, 2024 Lumine Group Inc. ("Lumine Group" or "the Company") (TSXV: LMN) announces financial results for the three and six months ended June 30, 2024. All amounts referred to in this press release are in US dollars unless otherwise stated. Calculating The Fair Value Of Lumine Group Inc. (CVE:LMN) Key Insights The projected fair value for Lumine Group is CA$31.28 based on 2 Stage Free Cash Flow to Equity With... Lumine Group First Quarter 2024 Earnings: US$3.53 loss per share (vs US$9.61 loss in 1Q 2023) Lumine Group ( CVE:LMN ) First Quarter 2024 Results Key Financial Results Revenue: US$141.1m (up 48% from 1Q 2023). Net... Lumine Group Inc. Announces Results for the Three Months Ended March 31, 2024 TORONTO, May 01, 2024 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN) announces financial results for the three months ended March 31, 2024. All amounts referred to in this press release are in US dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three months ended March 31, 2024, management’s discussion and analysis (“MD&A”) for th Lumine Group Completes the Purchase of Casa Systems’ Axyom Cloud Native 5G Core Software & RAN Assets TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced that it has completed the acquisition of the Axyom Cloud Native 5G Core Software & RAN Assets (“Assets”) from Casa Systems (Nasdaq: CASA). This marks Lumine Group’s 14th corporate carve-out that it has completed and set up in the communications and media space. The Assets will operate a Public companies are Lumine Group Inc.'s (CVE:LMN) biggest owners and were hit after market cap dropped CA$644m Key Insights The considerable ownership by public companies in Lumine Group indicates that they collectively have a... Constellation Software Inc., Topicus.com Inc. and Lumine Group Inc. Announce Annual Meetings TORONTO, April 09, 2024 (GLOBE NEWSWIRE) -- The Topicus.com Inc. (“Topicus”) (TSXV:TOI) annual general meeting of shareholders will be held on Monday, May 13, 2024 at 8:00 a.m. EST using a virtual meeting format with proceedings conducted solely via live audio webcast. The Lumine Group Inc. (“Lumine Group”) (TSXV:LMN) annual general meeting of shareholders will be held on Monday, May 13, 2024 at 8:30 a.m. EST using a virtual meeting format with proceedings conducted solely via live audio webcast Lumine Group Enters into an Agreement to Acquire Casa Systems’ Axyom Cloud Native 5G Core Software & RAN Assets TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced that it has entered into an asset purchase agreement to acquire the Axyom Cloud Native 5G Core Software & RAN Assets (“Assets”) from Casa Systems (Nasdaq: CASA). Casa Systems intends to facilitate the sale of its businesses, including the Assets, through a Chapter 11 process. This will Lumine Group Completes the Purchase of the Device Management and Service Management Platform Businesses from Nokia Acquired Businesses to be Relaunched Under Brand “Motive”TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced the successful completion of the purchase of the Device Management and Service Management Platform Businesses from Nokia (NYSE: NOK). This acquisition was originally announced December 20, 2023. Under the terms of the agreement, L Lumine Group Inc. Completes Mandatory Conversion of its Preferred Shares and Special Shares TORONTO, March 25, 2024 (GLOBE NEWSWIRE) -- Lumine Group Inc. (TSXV: LMN) (“Lumine Group” or the “Company”) announced today the completion of the conversion of all of the issued and outstanding preferred shares and special shares of the Company (the “Converted Shares”) into subordinate voting shares of the Company (the “Subordinate Voting Shares”). In connection with the mandatory conversion, the Company issued an aggregate of 189,114,308 Subordinate Voting Shares. As previously announced by the Lumine Group Announces Completion of US$310M Debt Facility TORONTO, March 20, 2024 (GLOBE NEWSWIRE) -- Lumine Group Inc. (TSXV: LMN) ("Lumine Group" or the "Company"), a global acquirer of communications and media software companies, today announced that it has entered into a revolving credit facility agreement with a syndicate of Canadian and US financial institutions (the “Facility”) to provide long-term financing to support the Company’s operating needs and acquisition pipeline. The Facility amount is US$310,000,000 with a US$50,000,000 uncommitted a Lumine Group Full Year 2023 Earnings: US$38.98 loss per share (vs US$0.43 profit in FY 2022) Lumine Group ( CVE:LMN ) Full Year 2023 Results Key Financial Results Revenue: US$499.7m (up 95% from FY 2022). Net... Lumine Group Inc. Provides Update on Mandatory Conversion of its Preferred Shares and Special Shares TORONTO, Feb. 09, 2024 (GLOBE NEWSWIRE) -- In accordance with the terms of the preferred shares and special shares (collectively, “Shares”) issued by Lumine Group Inc. (“Lumine Group” or the “Company”) in connection with Lumine Group’s spin-off into a separate public company last year, all of such Shares will be automatically converted into subordinate voting shares of the Company (“subordinate voting shares”) effective March 25, 2024 (the “Mandatory Conversion Date”) at their pre-determined con Performance Overview Trailing total returns as of 1/13/2025, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return LMGIF S&P/TSX Composite index YTD -6.46% -0.15% 1-Year +16.17% +17.12% 3-Year +145.92% +14.90%