๐น EPS: $0.00 (Est. $(0.09)) ๐ข;
๐น Revenue: $1.398B (Est. $1.31B) ๐ข; UP +35.6% YoY
๐น Adj EBITDA: $189.2M; UP +391.4% YoY
Operating Metrics:
๐น Attendance: 62.8M; UP +25.6% YoY
๐น U.S.: 46.9M; UP +28.5% YoY
๐น International: 15.9M; UP +17.7% YoY
๐น Consolidated Admissions Rev/Patron: $12.14 (Record)
๐น Food & Beverage Rev/Guest: $7.95 (Record)
๐น Total Revenue/Patron: $22.26 (Record)
Other Key Metrics and Updates:
๐น Net Loss: $(4.7M); improved from $(32.8M) YoY
๐น Net Cash from Ops: $138.4M; vs. $(34.6M) YoY
๐น Free Cash Flow: $88.9M; vs. $(79.2M) YoY
๐น Cash & Equivalents: $423.7M
๐น Secured ~$244M new financing to redeem 2026 debt maturities
๐น Equitized at least $143M of debt; potential up to $337M
๐น Resolved litigation with holders of 7.5% Senior Secured Notes due 2029
๐น All 2026 maturities pushed to 2029
CEO Commentary:
๐ธ โAMCโs revenue growth of 35.6% drove an Adjusted EBITDA increase of 391.4% to $189.2M โ a simple reality, and hopefully a harbinger of things to come.โ
๐ธ โWe shattered all-time records across nearly every per patron metric, validating our strategic initiatives and premium experience focus.โ
๐ธ โWith our AMC Go Plan, premium auditoriums are operating at close to three times the occupancy of regular auditoriums, commanding a healthy price premium.โ
๐ธ โThe combination of a resurgent box office, our unparalleled theatre footprint with premium experiences, compelling marketing, and increasing financial strength has a flywheel impact when they happen simultaneously.โ