← National CineMedia, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $140.7m |
$441.4m
+213.72%
|
$444.8m
+0.77%
|
$90.4m
-79.68%
|
$114.6m
+26.77%
|
$249.2m
+117.45%
|
$165.2m
-33.71%
|
$240.8m
+45.76%
|
$243.2m
+1.00%
|
$243.2m
0.00%
|
$242.3m
-0.37%
|
|
| Cost of Revenue | $105.5m |
$238.8m
+126.30%
|
$239.7m
+0.38%
|
$67.8m
-71.71%
|
$86.0m
+26.77%
|
$198.0m
+130.37%
|
$135.2m
-31.72%
|
$13.7m
-89.87%
|
$13.0m
-5.11%
|
$182.4m
+1303.08%
|
$135.3m
-25.82%
|
|
| Gross Profit (Calculated) (derived) | $35.2m |
$202.6m
+475.98%
|
$205.1m
+1.23%
|
$22.6m
-88.98%
|
$28.6m
+26.77%
|
$51.2m
+78.71%
|
$30.0m
-41.41%
|
$227.1m
+657.00%
|
$230.2m
+1.37%
|
$60.8m
-73.59%
|
— | |
| Research and Development Expense | $3.6m | $1.7m | $3.6m | $1.9m | $1.7m | $4.6m | $3.0m | $3.3m | $3.1m | — | — | |
| Selling and Marketing Expense | $72.0m | $66.5m | $64.9m | $37.6m | $34.7m | $42.8m | $29.6m | $41.6m | $41.6m | $41.6m | $86.9m | |
| General and Administrative Expense | $37.9m | $48.3m | $43.8m | $30.9m | $36.0m | $44.3m | $57.3m | $50.7m | $46.1m | $46.1m | $46.5m | |
| Amortization of Intangible Assets | $26.5m | $27.3m | $26.7m | $24.6m | $24.7m | $25.0m | $22.4m | $37.8m | $33.3m | — | — | |
| Network operating costs | $33.8m | $42.4m | $40.4m | $10.4m | $19.1m | $27.2m | $30.8m | $13.7m | — | $13.0m | — | |
| Operating Income (Loss) | $153.9m |
$154.3m
+0.26%
|
$161.3m
+4.54%
|
($61.0m)
-137.82%
|
($68.6m)
-12.46%
|
$6.9m
+110.06%
|
($27.3m)
-495.65%
|
($19.5m)
+28.57%
|
($13.9m)
+28.72%
|
($13.9m)
0.00%
|
($16.9m)
-21.58%
|
|
| Interest Expense, Debt | $52.8m | $55.4m | $58.0m | $55.8m | $64.8m | $79.7m | $27.9m | $1.7m | $600k | $600k | $600k | |
| Interest income | ($1.2m) | ($1.5m) | ($2.1m) | ($600k) | ($100k) | — | ($100k) | ($2.4m) | — | ($1.4m) | $1.0m | |
| Other Nonoperating Income (Expense) | $300k | $200k | $400k | ($200k) | $0 | $700k | $300k | $1.3m | $600k | — | — | |
| Interest and Other Income | $1.2m | $1.5m | $2.1m | $600k | $100k | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | $33.8m | ($50.6m) | ($62.2m) | $96.9m | ($49.8m) | ($73.1m) | $724.0m | ($2.6m) | $3.3m | — | — | |
| Other Expenses | — | — | — | ($2.5m) | ($2.7m) | ($2.4m) | — | — | — | — | — | |
| Other non-operating income, net | ($300k) | ($200k) | ($400k) | $200k | $0 | ($700k) | ($300k) | ($1.3m) | — | ($600k) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $187.7m | $103.7m | $99.1m | $35.9m | ($118.4m) | ($66.2m) | $696.7m | ($22.1m) | ($10.6m) | ($10.6m) | ($8.5m) | |
| Current Income Tax Expense (Benefit) | ($1.6m) | $200k | $300k | ($200k) | $0 | — | — | $200k | $0 | — | $0 | |
| Income Tax Expense (Benefit) | $129.0m | $23.5m | $12.4m | $162.2m | $0 | $0 | $0 | $200k | $0 | $0 | $0 | |
| Net Income (Loss) Attributable to Parent | $2.5m |
$29.8m
+1092.00%
|
$36.1m
+21.14%
|
($65.4m)
-281.16%
|
($48.7m)
+25.54%
|
($28.7m)
+41.07%
|
$705.2m
+2557.14%
|
($22.3m)
-103.16%
|
($10.6m) |
($10.6m)
0.00%
|
($8.5m)
+19.81%
|
|
| Less: Net loss attributable to noncontrolling interests | $56.2m | $50.4m | $50.6m | ($60.9m) | ($69.7m) | ($37.5m) | ($8.5m) | $0 | $0 | $0 | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $56.2m | $50.4m | $50.6m | ($60.9m) | ($69.7m) | ($37.5m) | ($8.5m) | $0 | $0 | $0 | ($8.5m) | |
| Earnings Per Share, Basic | $0.04 | $0.39 | $0.47 | ($0.84) | ($0.61) | ($0.35) | $14.73 | ($0.23) | ($0.11) | ($0.11) | ($0.10) | |
| Earnings Per Share, Diluted | $0.02 | $0.37 | $0.46 | ($0.84) | ($0.61) | ($0.35) | $14.34 | ($0.23) | ($0.11) | ($0.11) | ($0.10) | |
| Common Stock, Dividends, Per Share, Declared | $0.88 | $0.68 | $0.68 | $0.40 | $0.20 | $0.11 | $14.73 | $0.23 | $0.12 | $0.11 | — | |
| Basic (in shares) | $65.2m | $76.9m | $77.3m | $78.0m | $79.9m | $82.0m | $47.9m | $95.9m | 94.2m | $94.2m | $93.6m | |
| Diluted (in shares) | $151.1m | $157.4m | $77.8m | $78.0m | $79.9m | $82.0m | $48.6m | $95.9m | 94.2m | $94.2m | $93.6m | |
| Weighted Average Number of Shares Outstanding, Basic | 65.2m | 76.9m | 77.3m | 78.0m | 79.9m | 82.0m | 47.9m | 95.9m | 94.2m | $94.2m | 93.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 151.1m | 157.4m | 77.8m | 78.0m | 79.9m | 82.0m | 48.6m | 95.9m | 94.2m | $94.2m | 93.6m | |
| Additional Financial Items | ||||||||||||
| Costs and Expenses | $272.2m | $287.1m | $283.5m | $151.4m | $183.2m | $242.3m | $192.5m | $260.3m | $257.1m | — | — | |
| Theater exhibition fees (including fees to related parties of $0.0, $0.0 and $16.5, respectively) | — | — | — | — | — | — | $69.5m | $111.9m | — | $118.5m | — | |
| Depreciation expense | $11.0m | $12.6m | $13.6m | $13.1m | $10.9m | $6.5m | $3.1m | $4.6m | — | $4.6m | $37.0m | |
| Amortization expense | $26.6m | $27.3m | $26.7m | $24.6m | $24.7m | $25.0m | $22.4m | $37.8m | — | $33.3m | — | |
| Total | ($33.8m) | $50.6m | $62.2m | ($96.9m) | $49.8m | $73.1m | ($724.0m) | $2.6m | — | ($3.3m) | $242.3m | |
| Interest on borrowings | $52.8m | $55.4m | $58.0m | $55.8m | $64.8m | $79.7m | $27.9m | $1.7m | $600k | $600k | — | |
| (Gain) loss on re-measurement of the payable under the tax receivable agreement | ($103.6m) | ($3.8m) | $1.1m | ($152.7m) | ($16.1m) | ($2.2m) | ($9.3m) | $4.6m | — | ($3.7m) | — | |
| Loss on debt extinguishment | $0 | $700k | $5.6m | $400k | $1.2m | — | $0 | $0 | — | $1.8m | — | |
| Gain on deconsolidation of affiliate | — | — | — | — | — | — | ($557.7m) | $0 | — | $0 | — | |
| Gain on re-measurement of investment in NCM LLC | — | — | — | — | — | $0 | ($35.5m) | $0 | — | $0 | — | |
| Gain on reconsolidation of NCM LLC | — | — | — | — | — | — | $167.8m | $0 | — | $0 | — | |
| CONSOLIDATED NET (LOSS) INCOME | $58.7m | $80.2m | $86.7m | ($126.3m) | ($118.4m) | ($66.2m) | $696.7m | ($22.3m) | ($10.6m) | |||
| NET (LOSS) INCOME ATTRIBUTABLE TO NCM, INC. | $2.5m | $29.8m | $36.1m | ($65.4m) | ($48.7m) | ($28.7m) | $705.2m | ($22.3m) | ($10.6m) | ($10.6m) | ||
| COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO NCM, INC. | $58.3m | $29.8m | $36.1m | ($65.4m) | ($48.7m) | ($28.7m) | $705.2m | ($22.3m) | ($10.6m) | |||
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $58.7m | $80.2m | $86.7m | ($126.3m) | ($118.4m) | ($66.2m) | $696.7m | ($22.3m) | — | ($10.6m) | — |