Not available for this issue.
A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.
Issue 003 | U.S. Pilot | US
ILLMF
illumin Holdings Inc.
Screen state: Needs Review
Source state: Stale Filing
40-F | 2023-03-09
Filing currency: CAD
Internal NCAV Discount
58.3%
GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.
- Current Assets
- 123,733,543CAD
- Total Liabilities
- 38,521,054CAD
- NCAV
- 60,499,182CAD
- Cash
- 85,940,728CAD
- NCAV per share
- needs review
- Evidence
- 2 annual | 0 quarterly
Mary filing review
Financial Statement Evidence
Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.
- Evaluated
- 12
- Triggered
- 4
- Unavailable
- 3
Requires inspection High NCAV Burn since the previous filing 85,212,489
- Latest
- 85,212,4892022-12-31
- Comparison
- 99,690,4672021-12-31
- Change
- -14.5%
Basis: NCAV burn since previous filing >= 10%; previous NCAV must be positive
Source periods: SEC 40-F 2022-12-31 · 0001171843-23-001562; REPORTED_FILING 40-F 2021-12-31
Supporting observation Positive OCF 1,780,951
- Latest
- 1,780,9512022-12-31
- Comparison
- n/a
- Change
- n/a
Basis: latest reporting-period cash from operations > 0
Source periods: SEC 40-F 2022-12-31 · 0001171843-23-001562
Supporting observation Share Count Reduced 56,808,921
- Latest
- 56,808,9212022-12-31
- Comparison
- 60,733,8032021-12-31
- Change
- -6.5%
Basis: 1Y share change <= -2% using the same share-count source
Source periods: SEC 40-F 2022-12-31 · 0001171843-23-001562; REPORTED_FILING 40-F 2021-12-31
Supporting observation Current Ratio > 1.5 3.69
- Latest
- 3.692022-12-31
- Comparison
- 1.5
- Change
- n/a
Basis: current assets / current liabilities; strong if > 1.5
Source periods: SEC 40-F 2022-12-31 · 0001171843-23-001562
3 unavailable checks — inspect missing inputs
High Debt
(short-term debt + long-term debt) / ordinary equity >= 50%
Low Debt
(short-term debt + long-term debt) / ordinary equity < 20%
Non-Positive Equity
ordinary shareholders equity <= 0
Business Profile
Published only when a substantive filing-text profile has been prepared for this issue.
Known Unknowns
Only 0 quarterly periods available from Data Vault for this company.
quarterly periods are missing
Medium | Share Count
The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.
Low | Classification
U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.
Medium | Filing
Some rows are based on older filing data and require manual freshness review.
Annual Financials
Latest annual periods, newest first. Missing cells render as n/a.
| Metric |
2022-12-31
40-F
CAD
|
2021-12-31
40-F
CAD
|
|---|---|---|
| Revenue | n/a | n/a |
| Operating Income | -5,516,769 | 10,583,032 |
| Net Income | -753,437 | 11,752,931 |
| Cash From Operations | n/a | n/a |
| Capex | n/a | n/a |
| Free Cash Flow | n/a | n/a |
| Cash And Equivalents | 85,940,728 | 102,208,807 |
| Accounts Receivable | n/a | n/a |
| Inventory | n/a | n/a |
| Total Current Assets | n/a | n/a |
| Total Assets | 141,647,402 | 149,825,580 |
| Total Current Liabilities | n/a | n/a |
| Total Liabilities | 38,521,054 | 36,769,572 |
| Shareholders Equity | n/a | n/a |
| Shares Outstanding | 56,808,921 | 60,733,803 |
| Shares Outstanding Diluted | n/a | n/a |
| Weighted Avg Shares Diluted | n/a | n/a |
| Weighted Avg Shares Basic | n/a | n/a |
| Net Share Count Change (Normalized) | Insufficient evidence | Insufficient evidence |
| Ownership Claim Change (Normalized) | Insufficient evidence | Insufficient evidence |
Quarterly Financials
Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.
Only 0 quarterly periods available from Data Vault for this company.
| Metric |
|---|
| Revenue |
| Operating Income |
| Net Income |
| Cash From Operations |
| Capex |
| Free Cash Flow |
| Cash And Equivalents |
| Total Current Assets |
| Total Liabilities |
| Shares Outstanding |
| Shares Outstanding Diluted |
| Weighted Avg Shares Diluted |
| Weighted Avg Shares Basic |
| Net Share Count Change (Normalized) |
| Ownership Claim Change (Normalized) |
Audit Trail
NCAV Audit
Official-source inputs remain linked to filing provenance. Derived values are labeled as such.
| Input | Value | Source concept | Filing period | Confidence | Provenance |
|---|---|---|---|---|---|
| Current Assets | n/a | derived | 2022-12-31 | n/a | n/a |
| Total Liabilities | 38,521,054CAD | ifrs-full:Liabilities | 2022-12-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001861233/companyfacts.json Data Vault | sec/companyfacts/cik=0001861233/companyfacts.json |
| Cash | 85,940,728CAD | ifrs-full:CashAndCashEquivalents | 2022-12-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001861233/companyfacts.json Data Vault | sec/companyfacts/cik=0001861233/companyfacts.json |
| Shares Outstanding | 56,808,921 | dei:EntityCommonStockSharesOutstanding | 2022-12-31 | 1.00 |
Data Vault | sec/companyfacts/cik=0001861233/companyfacts.json Data Vault | sec/companyfacts/cik=0001861233/companyfacts.json |
| NCAV | n/a | derived | 2022-12-31 | n/a | company-evidence-v1 | total_current_assets - total_liabilities |
| NCAV per share | n/a | derived | 2022-12-31 | n/a | company-evidence-v1 | NCAV / shares_outstanding |
| Internal NCAV Discount | 58.3% | derived | 2022-12-31 | n/a | gnni_publication_pack | internal_discount |
NCAV could not be calculated because one or more inputs are missing.
Source Provenance
- Data Source
- Data Vault
- Data Vault Root
- Local evidence | The Data Vault
- CIK
- 0001861233
- Company ID
- n/a
- Selected Annual Source
- Data Vault | sec/companyfacts/cik=0001861233/companyfacts.json
- Selected Quarterly Source
- Data Vault | sec/companyfacts/cik=0001861233/companyfacts.json
- Statement Extractor
- companyfacts-screener-v1
- View Extractor
- companyfacts-screener-v1
- Source Accession Count
- 1
- Imported At
- 2026-08-15T12:52:11+00:00
- Rendered At
- 2026-08-16T03:29:48+00:00
Run Audit
- Mary Run
- 8f67c1da7de642feb640d04491409c50
- Mary As Of
- 2026-07-25
- Accession
- 0001171843-23-001562
- CIK
- 0001861233
- Mary Filing Date
- 2023-03-09
- Filing Currency
- CAD
- Internal Discount
- 58.3%
- Source State
- Stale Filing
- Market Context
- Not Displayed
- Market Policy
- internal_only_not_redistributed
- Share Trend
- Not Evaluated
- Dilution
- Needs Review
mary_run=8f67c1da7de642feb640d04491409c50; mary_as_of=2026-07-25; mary_filing_date=2023-03-09; mary_accession=0001171843-23-001562; mary_cik=0001861233; gnni_supporting_filing_date=2023-03-09; internal_discount=0.583083; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.; source requires review