Illumin is earlier in it's turnaround. Both have new CEO's restarting growth. Has less downside potential due to its market cap in comparison to net cash. Zoomd has momentum while Illumin doesn't. Zoomd has material profits while illumin doesn't. Illumin hasn't shown the operationla leverage that Zoomd has atleast yet. I like Illumin a bit more here just because less downside and the turnaround being less priced in meaning improvements in revenue and profits will move the stock more. Allthough rn after illumin moved above 2$ I'm not adding to either position
you still long after the post-earnings crash?
Yes. I have my full take on that on X
how do you compare it with zoomd?
Illumin is earlier in it's turnaround. Both have new CEO's restarting growth. Has less downside potential due to its market cap in comparison to net cash. Zoomd has momentum while Illumin doesn't. Zoomd has material profits while illumin doesn't. Illumin hasn't shown the operationla leverage that Zoomd has atleast yet. I like Illumin a bit more here just because less downside and the turnaround being less priced in meaning improvements in revenue and profits will move the stock more. Allthough rn after illumin moved above 2$ I'm not adding to either position