Illumin Holdings Inc (ILLMF) (Q2 2026) Earnings Call Highlights: Record Revenue and Return
Illumin Holdings (ILLMF) reported Q2 2026 record revenue of $50.2 million, up 52% year over year, driven by a 108% jump in its exchange business to $27.1 million. Gross profit rose 24% to $17.6 million, while gross margin fell to 35.1%. Operating expenses declined to $18.7 million, producing net income of $19,000 versus a $5.8 million loss in Q2 2025. The firm ended with $33.7 million cash, no debt, paused its NCIB, and expects double-digit growth into Q3.

