Lumine Group Inc. Announces Results for the Third Quarter Ended September 30, 2026
Key Highlights
- ➤Q3 revenue $289.9 million, up 55% year-over-year
- ➤Q3 operating income $85.5 million, up 31% year-over-year
- ➤Quortex and Imagine Communications acquired for total consideration of $231.5 million
- ➤Q3 cash flow from operations $66.9 million, up 44% year-over-year
- ➤Q3 FCFA2S $53.9 million, up 27% year-over-year
Expert Statements
David Nyland, CEO of Lumine Group
“Our third quarter results reflect our proven ability to deploy capital, with more than $500 million deployed year to date. Revenue grew 55%, fueled by three in-year acquisitions as well as solid organic growth of 3% across the portfolio. Operating income grew 31%, reflecting strong profitability of our base businesses despite the dilutive effect of the margins of Quortex and Imagine Communications, which are in the beginning stages of strengthening.”
David Nyland, CEO of Lumine Group
“Our decentralized operating model allows our core businesses to keep delivering results while we onboard new acquisitions, strengthen them using our domain-optimized playbook, and advance our M&A pipeline.”
* Revenue increased 55% year-over-year to $289.9 million. * Operating income grew 31% year-over-year to $85.5 million. * During the quarter, the Company completed two acquisitions for total estimated consideration of $231.5 million. TORONTO, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV:LMN) announces financial results for the third quarter ended September 30, 2026. All amounts referred to in this press release are in US dollars unless otherwise stated.
“Our third quarter results reflect our proven ability to deploy capital, with more than $500 million deployed year to date. Revenue grew 55%, fueled by three in-year acquisitions as well as solid organic growth of 3% across the portfolio. Operating income grew 31%, reflecting strong profitability of our base businesses despite the dilutive effect of the margins of Quortex and Imagine Communications, which are in the beginning stages of strengthening,” said David Nyland, Lumine Group CEO. “Our decentralized operating model allows our core businesses to keep delivering results while we onboard new acquisitions, strengthen them using our domain-optimized playbook, and advance our M&A pipeline.”
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