Recently an optical amplification process called the plasmon injection scheme was introduced as an effective solution to overcoming losses in metamaterials. Implementations with near-field imaging applications have indicated substantial performance enhancements even in the presence of noise. This powerful and versatile compensation technique, which has since been renamed to a more generalized active convolved illumination, offers new possibilities of improving the performance of many previously conceived metamaterial-based devices and conventional imaging systems. In this work, we present the first comprehensive mathematical breakdown of active convolved illumination for coherent imaging. Our analysis highlights the distinctive features of active convolved illumination, such as selective spectral amplification and correlations, and provides a rigorous understanding of the loss compensation process. Beyond enhanced superresolution imaging, the theory can be potentially generalized to the compensation of information or photon loss in a wide variety of coherent and incoherent linear systems including those, for example, in atmospheric imaging, time-domain spectroscopy, PT symmetric non-Hermitian photonics, and even quantum computing.