MIAMI, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Luminar Media Group, Inc. (OTCMARKETS: LRGR), a leading fintech company providing capital and financial services to underserved businesses, is pleased to announce its forecast for continued strong growth in the fourth quarter of 2024.
After delivering impressive financial results for the third quarter of 2024, the company—through its subsidiaries FortunCo and Fortun Advance—continues to achieve exceptional performance. Fortun Advance, in particular, has exceeded projections and is expanding its financial presence, positioning itself for sustained success as it continues its growth trajectory.
Key Financial Highlights: Q3 2024 Q4 2024 (Projected) Growth (Projected)
Funding Volume: $1,138,000 $1,650,000 45% Increase
Revenue: $307,211 $407,550 32% Increase
Total Assets: $1,926,507 $2,430,000 26% Increase
Funding Volume Trajectory:
July: $258,700, August: $389,700, September: $489,600, October (Projected): $550,000, November (Projected): $600,000, December (Projected): $650,000.
Fortun Advance continues its rapid growth trajectory, with Q4 funding projections indicating a 45% increase from Q3. This steady growth reflects the company's expanding market presence and its ongoing commitment to increasing funding operations.
Business Performance Since Acquisition:
As of September ...
