Lumine Group (LMN) Q2 2025 earnings summary

Executive summary

• Revenue increased 13% year-over-year to $184.0 million in Q2 2025, with 6% organic growth after FX adjustment.

• Operating income rose 71% to $62.7 million in Q2 2025, driven by acquisitions.

• Net income reached $23.6 million in Q2 2025, reversing a net loss of $2.2 million in Q2 2024.

• Cash flows from operations surged 705% to $78.4 million in Q2 2025.

• Free cash flow available to shareholders (FCFA2S) increased to $72.4 million in Q2 2025 from $2.8 million a year earlier.

Financial highlights

• Six-month revenue grew 19% year-over-year to $362.6 million, with 1% organic growth after FX adjustment.

• Six-month operating income rose 51% to $122.2 million.

• Six-month net income was $44.3 million, compared to a net loss of $306.6 million in the prior year.

• Six-month CFO increased 165% to $118.5 million.

• Six-month FCFA2S rose 240% to $107.4 million.

Key financial ratios and metrics

• Basic and diluted EPS for Q2 2025 was $0.09, up from $(0.01) in Q2 2024.

• Basic and diluted EPS for the six months ended June 30, 2025 was $0.17, up from $(1.79) in the prior year.

• Gross margin for Q2 2025 was approximately 19.8% (operating income/revenue).