Core Insights - AMC Entertainment and CJ 4DPLEX have formed a global partnership to introduce 65 premium ScreenX and 4DX locations worldwide, marking a significant step in enhancing the cinematic experience in theaters [1][2][5] Group 1: Partnership Details - The partnership will see the opening of 40 4DX theaters and 25 ScreenX theaters across key AMC and Odeon locations in the U.S. and Europe starting this summer [1][3] - This collaboration represents the first global partnership between AMC, the largest theatrical exhibitor, and CJ 4DPLEX, the leading producer of premium film formats [2][5] Group 2: Technology and Experience - ScreenX technology offers a 270-degree panoramic viewing experience, enhancing the storytelling by extending visuals onto the auditorium walls [3][7] - 4DX provides a multisensory experience with motion, vibration, and environmental effects, allowing audiences to connect with films in a unique way [3][9] Group 3: Market Context - The deal comes as theaters are striving to revive moviegoing after a prolonged slump, with premium formats showing increased popularity among ticket buyers [5][6] - AMC operates 900 theaters and 10,000 screens globally, while CJ 4DPLEX aims to expand its total premium screen count to over 1,200 worldwide [5][6] Group 4: Upcoming Titles - Upcoming films set to be featured in ScreenX and 4DX include major titles from Warner Bros., Marvel Studios, Paramount Pictures, and Universal Pictures, indicating a strong film slate for both formats [10]

Core Insights - Social media, particularly TikTok, has significantly influenced investment trends, with influencers reaching millions and impacting stock market decisions [1][2][3] - TikTok's short video format allows for rapid dissemination of stock tips, but raises questions about the long-term viability of these investment strategies and the qualifications of the influencers [2][3][15] - The phenomenon of meme stocks, exemplified by companies like GameStop and AMC, illustrates the volatile nature of stocks driven by social media hype [4][8] Group 1: TikTok's Role in Investing - TikTok has emerged as a leader in social media investing, leveraging its structure for easy virality and engagement [2][3] - Influencers on TikTok often promote both educational content and quick-gain strategies, leading to mixed reliability in stock recommendations [3][15] - The platform has created a new generation of young investors who are more aware of market dynamics, although the quality of analysis is often lacking [15][18] Group 2: Successes and Failures - Notable success stories from TikTok include stocks that saw massive gains during the meme stock craze, although their long-term performance is debatable [5][8] - Conversely, many hyped stocks failed to deliver on promises, serving as cautionary tales for investors [6][19] - The volatility of TikTok stock picks can lead to significant losses for those who invest based on trends without thorough analysis [9][12] Group 3: Risks and Considerations - TikTok stock advice can be exciting but often lacks rigorous analysis, making it essential for investors to conduct their own research [9][10][20] - The potential for pump-and-dump schemes exists, where influencers promote stocks they own to drive up prices before selling [14][16] - Investors should be cautious of unrealistic promises and verify claims against credible financial news sources [11][12]

Group 1 - AMC Entertainment Holdings Inc. reported better-than-expected fourth-quarter revenue, indicating a strong position for growth [1] - The company's fourth-quarter 2024 performance exceeded consensus expectations, highlighting strong consumer demand and operational efficiency [2] - AMC's improving financial flexibility, premium format expansion, and favorable content slate for 2025 and 2026 are key factors for its continued growth [2]

Financial Data and Key Metrics Changes - AMC's revenue in Q4 2024 increased by 18% year-over-year, reaching a post-pandemic record of $1.3 billion [9][26] - Adjusted EBITDA for Q4 2024 was $164.8 million, more than triple the adjusted EBITDA reported for Q4 2023, reflecting a 240% increase [10][30] - The company generated over $200 million in cash from operating activities and $114 million in free cash flow in Q4 2024, marking the highest quarterly cash flow post-pandemic [11][31] Business Line Data and Key Metrics Changes - Attendance reached over 62 million guests in Q4 2024, a 20% increase compared to Q4 2023, setting a post-pandemic record [12][25] - Food and beverage revenue per patron reached an all-time fourth quarter record of $7.15, while admissions revenue per patron was $11.56, the second highest for Q4 [25][26] - For the full year 2024, AMC achieved all-time records for admissions revenue per patron, food and beverage revenue per patron, and total revenue per patron [13] Market Data and Key Metrics Changes - The domestic industry box office increased from $3.6 billion in the first half of 2024 to $5.1 billion in the second half, indicating a significant recovery in the market [15][16] - The overall box office for 2024 was flat compared to 2023, primarily due to the impact of strikes in the first half of the year [20][121] Company Strategy and Development Direction - AMC's "GO Plan" aims to leverage strengths and accelerate recovery by enhancing guest experiences and increasing attendance [41][42] - The company plans to invest in premium experiences, including upgrading IMAX auditoriums and adding more Dolby Cinema screens [43][44] - AMC is focused on strengthening its balance sheet while pursuing growth initiatives to enhance financial returns [56][68] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2025, projecting a potential increase in the number of wide-release films by approximately 17% compared to 2024 [19] - The company believes that the box office will grow significantly in 2025 and 2026, with expectations of $0.5 billion to $1 billion growth compared to 2024 [22][124] - Management acknowledged the challenges faced by the industry, including a 40% decline in attendance compared to pre-pandemic levels, but highlighted improvements in profit per patron [61][63] Other Important Information - AMC successfully sold approximately $65 million in movie-themed merchandise in 2024, with a profit margin around 50% [88] - The company has expanded its popcorn sales significantly, doubling sales in 2024 compared to 2023 and increasing distribution to 11,000 retail stores [102][105] Q&A Session Summary Question: Regarding the AMC GO Plan and CapEx - Management indicated that CapEx will remain around $200 million until access to growth capital is secured, with future increases flagged in advance [73][75] Question: Thoughts on streaming and theatrical releases - Management noted that some streaming services are embracing theatrical releases, which could benefit both industries, and highlighted ongoing discussions with major studios about release windows [78][114] Question: Update on merchandise and collectible items - Management reported strong sales in movie-themed merchandise and plans to increase inventory to meet demand [88][93] Question: Opportunities for negotiating longer windows for theatrical releases - Management expressed hope for longer release windows, believing it would benefit both theaters and studios financially [109][115] Question: When might the industry reach a steady state closer to pre-pandemic levels? - Management projected that the box office will grow significantly in 2025 and 2026, with expectations of blockbuster films driving attendance [124]

Financial Performance - Total revenues for the year ended December 31, 2024, were $4,637.2 million, a decrease of 3.6% compared to $4,812.6 million in 2023 [459]. - Net loss for the year ended December 31, 2024, was $352.6 million, an improvement from a net loss of $396.6 million in 2023 [461]. - Admissions revenue decreased to $2,560.5 million in 2024 from $2,690.5 million in 2023, reflecting a decline of 4.8% [459]. - Food and beverage revenue also saw a decline, totaling $1,624.9 million in 2024 compared to $1,669.8 million in 2023, a decrease of 2.7% [459]. - Operating loss for 2024 was $79.3 million, slightly worse than the operating loss of $74.3 million in 2023 [459]. - Cash and cash equivalents decreased to $632.3 million as of December 31, 2024, down from $884.3 million in 2023 [464]. - Total assets decreased to $8,247.5 million in 2024 from $9,009.2 million in 2023, a decline of 8.4% [464]. - Total liabilities decreased to $10,008.0 million in 2024 from $10,857.1 million in 2023, a reduction of 7.8% [464]. - Net cash used in operating activities improved to $50.8 million in 2024 from $215.2 million in 2023 [466]. - The company reported a net cash decrease of $230.6 million for the period, compared to an increase of $257.0 million in the previous period [467]. Debt and Financing - The company has an aggregate principal balance of $2,014.2 million outstanding under New Term Loans, with interest rates ranging from 11.356% per annum [420]. - A 100-basis point increase in market interest rates would increase interest expense on New Term Loans by approximately $20.1 million for the year ended December 31, 2024 [421]. - The company had an aggregate principal balance of $1,905.0 million outstanding under Existing Term Loans as of December 31, 2023 [424]. - A 100-basis point change in market interest rates would have increased or decreased interest expense on Existing Term Loans by $19.1 million during the year ended December 31, 2023 [424]. - The company anticipates potential dilution of Common Stock due to future share issuances related to debt repayment and refinancing [15]. - The company plans to continue seeking to retire or purchase outstanding debt through cash purchases and/or exchanges for equity or debt [479]. - The company issued $414.4 million in new Exchangeable Notes on July 22, 2024, with a fair value of the derivative liability associated with the embedded conversion feature at $233.4 million [444]. - The Exchangeable Notes have an effective interest rate of 15.12%, with recorded interest expense of $18.2 million for the period from July 22, 2024, to December 31, 2024 [593]. - The New Term Loans mature on January 4, 2029, unless certain conditions regarding the Existing First Lien Notes are met, which could change the maturity date to October 5, 2028 [595]. - The company completed refinancing transactions on July 22, 2024, extending the maturities of approximately $1.6 billion of debt previously maturing in 2026 to 2029 and 2030 [577]. Impairment and Asset Management - The company reported an impairment charge of $51.9 million for long-lived assets in the US and $20.4 million in International markets for the year ended December 31, 2024 [438]. - The company evaluated its long-lived assets for impairment whenever events indicate that the carrying amount may not be fully recoverable [438]. - The company recorded non-cash impairment of long-lived assets totaling $72.3 million for the year ended December 31, 2024, compared to $107.9 million in 2023 and $133.1 million in 2022 [514]. - The company recorded a gain of $15.5 million from the sale of its 10% investment in Saudi Cinema Company LLC, which was sold for SAR 112.5 million ($30.0 million) on January 25, 2023 [561]. Currency and Market Risks - The company is exposed to fluctuations in foreign currency exchange rates, with a hypothetical 10% increase potentially impacting net income [417]. - A hypothetical 10% increase in foreign currency translation rates would increase the aggregate net loss of the company's International theatres by approximately $9.0 million for the year ended December 31, 2024 [427]. - The company experienced an aggregate net loss increase of approximately $10.9 million due to a hypothetical 10% increase in foreign currency translation rates for the year ended December 31, 2023 [427]. - The foreign currency translation rates increased by approximately 0.7% for the year ended December 31, 2024 compared to the previous year [428]. Internal Controls and Reporting - The company's internal control over financial reporting was deemed effective as of December 31, 2024, based on the COSO criteria [451]. - The company’s internal control over financial reporting has been audited by Ernst & Young LLP, confirming its effectiveness [434]. - The company’s management conducted an evaluation of the effectiveness of internal control over financial reporting as of December 31, 2024 [430]. - The company’s financial statements were audited and presented fairly in all material respects for the years ended December 31, 2024 and 2023 [433]. Stockholder Equity and Market Performance - The company’s total stockholders' deficit increased to $8.35 billion as of December 31, 2024 [470]. - The company issued 75,497,216 shares, raising $252.8 million during the reporting period [470]. - The company’s cash burn rates are not sustainable long-term, necessitating a return to pre-COVID-19 revenue levels [477]. - The company anticipates that achieving sustainable net positive cash flows will require significant revenue increases [477]. Pension and Employee Benefits - For the year ended December 31, 2024, the Company expects to contribute $2.4 million to the U.S. pension plans [520]. - The aggregated projected benefit obligation for U.S. pension benefits at the end of 2024 was $73.8 million, down from $79.3 million in 2023 [519]. - The Company’s net periodic benefit costs for the year ended December 31, 2024, were $1.8 million, an increase from $1.4 million in 2023 [522]. - The Company’s defined contribution plan expenses were $10.5 million, $9.8 million, and $9.0 million for the years ended December 31, 2024, 2023, and 2022, respectively [526]. Lease and Operating Costs - Total lease costs for the year ended December 31, 2024, were $989.2 million, compared to $967.4 million in 2023 [550]. - The weighted average remaining lease term for operating leases as of December 31, 2024, was 8.1 years, with a discount rate of 10.7% [550]. - The Company had signed additional operating lease agreements for six theatres with total lease payments of approximately $107.3 million, pending commencement [553]. - The Company recorded lease liabilities based on the present value of minimum lease payments, which include base rent and other fixed payments [511].

AMC Entertainment (AMC) Q4 2024 Earnings Call February 25, 2025 05:00 PM ET Company Participants John Merriwether - VP, Capital Markets and IRAdam Aron - Chairman, President & CEOSean Goodman - EVP & CFO Conference Call Participants None - Analyst Operator Greetings, and welcome to the AMC Entertainment Holdings Inc. Fourth Quarter and Full Year twenty twenty four Earnings Webcast. At this time, all participants are in a listen only mode. As a reminder, this conference is being recorded. It's now my pleasur ...

Core Insights - AMC Entertainment, the largest theater chain globally, reported a revenue increase of over 18% to $1.3 billion for the last three months of 2024, surpassing estimates [1] - Adjusted EBITDA more than tripled to $164.8 million from $49.9 million year-over-year, exceeding forecasts, while net losses narrowed to $136 million from $182 million [2] - The company generated over $200 million in cash from operating activities and approximately $114 million in free cash flow, marking its highest quarterly cash flow post-pandemic [3] Attendance and Revenue - More than 62 million guests visited AMC theaters worldwide in Q4, a record post-pandemic and a 20% increase compared to 2023 [5] - Food and beverage revenue per patron reached an all-time fourth quarter record of $7.15, driven by the variety and quality of offerings [5] Financial Health and Strategy - AMC reduced its debt obligations by over $375 million in 2024, ending the year with more than $630 million in available cash, which is crucial for funding operations until box office revenues improve [6] - The company is focused on enhancing the theater experience and plans to expand premium large format and special purpose screens as part of its growth strategy [7]

Exhibit 99.1 INVESTOR RELATIONS: John Merriwether, 866-248-3872 InvestorRelations@amctheatres.com MEDIA CONTACTS: Ryan Noonan, (913) 213-2183 rnoonan@amctheatres.com FOR IMMEDIATE RELEASE AMC Entertainment Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Results LEAWOOD, KANSAS - (February 25, 2025) -- AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company"), today reported results for the three months and year ended December 31, 2024. Fourth Quarter 2024 Summary Results: Full Year 2024 ...

In this articleAMCCNKPopcorn buckets are pictured during the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023.Valerie Macon | AFP | Getty ImagesFor decades, popcorn has been a staple of the movie theater experience and exhibitors' bottom lines. Now, the receptacle it comes in is becoming just as important.As recently as three years ago, AMC Entertainment didn't sell any merchandise. Last year it hawked novelty popcorn buckets, drink sippers and T-sh ...

A downtrend has been apparent in AMC Entertainment (AMC) lately with too much selling pressure. The stock has declined 24.1% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, f ...