Lionsgate Revenue was $948.6 MillionNet Loss Attributable to Lionsgate Shareholders was $163.3 Million or $0.68 Diluted Net Loss Per ShareAdjusted Net Loss Attributable to Lionsgate Shareholders was $102.5 Million or $0.43 Adjusted Diluted Net Loss Per ShareLionsgate Operating Loss was $88.6 Million; Adjusted OIBDA Loss was $17.7 MillionTrailing 12-Month Library Revenue Grew to $892 MillionSANTA MONICA, Calif. and VANCOUVER, BC, Nov. 7, 2024 /PRNewswire/ -- Lions Gate Entertainment Corp. (NYSE: LGF.A, LGF.B ...

MONTREAL, Nov. 6, 2024 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced its financial and operating results for the third quarter of fiscal year 2024, which ended on September 30, 2024. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards ("IFRS").Q3 2024 FINANCIAL HIGHLIGHTS Revenue of $30.6 million, down $49.7 million, ...

Financial Performance - Total revenues for the three months ended June 30, 2024, were $588.4 million, a decrease of 5.5% compared to $625.0 million for the same period in 2023[15]. - Net loss attributable to Lionsgate Studios Corp. shareholders for the three months ended June 30, 2024, was $43.5 million, compared to a net loss of $20.5 million for the same period in 2023[15]. - Basic and diluted net loss per common share for the three months ended June 30, 2024, was $(0.16), consistent with the previous year[16]. - Total expenses for the three months ended June 30, 2024, were $572.8 million, down from $588.0 million in the same period of 2023[15]. - Operating income for the three months ended June 30, 2024, was $15.6 million, a significant decrease from $37.0 million in the prior year[15]. - Comprehensive loss attributable to Lionsgate Studios Corp. shareholders for the three months ended June 30, 2024, was $51.1 million, compared to a comprehensive loss of $2.7 million for the same period in 2023[18]. - The company reported a loss before income taxes of $(39.4) million for the three months ended June 30, 2024, compared to a loss of $(14.8) million for the same period in 2023[15]. - The net loss for the three months ended June 30, 2024, was $44.4 million, compared to a net loss of $21.4 million in the same period of 2023[22]. - Total gross contribution for the three months ended June 30, 2024, was $143.2 million, up from $134.2 million in 2023, reflecting a 6.7% increase[121]. - Total segment profit for the three months ended June 30, 2024, was $96.8 million, an increase from $92.1 million in the same period of 2023, representing a growth of 7.6%[123]. Revenue Breakdown - The Starz business generated revenues of $103.8 million for the three months ended June 30, 2024, compared to $97.5 million in the same period of 2023, reflecting a growth of 6.6%[15]. - Motion Picture revenues totaled $347.3 million for the three months ended June 30, 2024, down 14.5% from $406.5 million in 2023[91]. - Television Production revenues increased to $241.1 million, up 10.3% from $218.5 million in the prior year[91]. - Theatrical revenue for the Motion Picture segment was $36.0 million, a significant decline from $65.9 million in the previous year[91]. - Digital Media revenue in Home Entertainment decreased to $140.1 million, down from $174.1 million in 2023, reflecting a 19.5% decline[91]. - Motion Picture segment revenue decreased to $347.3 million from $406.5 million, while Television Production segment revenue increased to $241.1 million from $218.5 million[121]. - Revenue from theatrical releases is recognized as sales or usage-based royalties starting at the exhibition date based on box office receipts[188]. Expenses and Costs - Total expenses decreased by $15.2 million to $572.8 million, with direct operating expenses slightly down by $6.3 million to $355.8 million[204]. - Distribution and marketing expenses dropped by $36.6 million to $92.6 million, reflecting lower Motion Picture theatrical P&A and Premium VOD expenses[207]. - General and administrative expenses rose by $3.7 million to $92.1 million, attributed to increased corporate and Television Production expenses, including approximately $7.0 million from eOne[208]. - Restructuring and other costs totaled $27.7 million for the three months ended June 30, 2024, compared to $4.1 million in the same period of 2023[113]. - The company incurred $6.7 million in transaction and other costs during the three months ended June 30, 2024, compared to $1.6 million in 2023[113]. Cash Flow and Investments - Cash flows used in operating activities amounted to $117.6 million, a significant decrease from cash flows provided by operating activities of $37.7 million in the prior year[22]. - Investment in films and television programs netted a cash outflow of $599.4 million, compared to $374.1 million in the same period last year[22]. - The company’s cash, cash equivalents, and restricted cash at the end of the period totaled $216.6 million, down from $299.8 million at the end of the previous year[22]. - The company raised approximately $330.0 million in gross proceeds from the business combination, including $254.3 million from PIPE financing[25]. Debt and Financing - Debt borrowings net of issuance and redemption costs were $879.5 million, compared to $490.0 million in the prior year[22]. - Total corporate debt as of June 30, 2024, was $1,571.2 million, down from $1,793.5 million as of March 31, 2024, representing a decrease of approximately 12.4%[53]. - The LGTV Revolver has a borrowing capacity of $1.1 billion, with $515.0 million available as of June 30, 2024[55]. - The effective interest rate for the LGTV Revolver and LGTV Term Loan A was 7.18% as of June 30, 2024, while the effective interest rate for LGTV Term Loan B was 7.68%[57]. - The Company prepaid $84.9 million of LGTV Term Loan A and $214.1 million of LGTV Term Loan B during the quarter ended June 30, 2024[63]. Acquisitions and Investments - The acquisition of eOne was completed for an aggregate cash purchase price of approximately $385.1 million, aimed at expanding the company's film and television library and strengthening its scripted and unscripted television business[39]. - The company invested approximately $35.0 million for a 51% interest in CP LG Library Holdings, LLC, which acquired a library of 46 films for approximately $68.6 million[38]. - The company accounted for the acquisition of eOne under the acquisition method, with financial results included in consolidated results from December 27, 2023[39]. - The preliminary fair value of net assets acquired from eOne is estimated at $368.5 million, with goodwill amounting to $16.6 million[40]. Shareholder Information - The weighted average number of common shares outstanding for the three months ended June 30, 2024, was 272.4 million, an increase from 253.4 million in the same period of 2023[16]. - The company issued a total of 35,245,430 LG Studios Common Shares in connection with the Business Combination, including 7,027,873 shares to SEAC public shareholders and 25,759,430 shares to PIPE Investors[32]. - The company’s common shares commenced trading on Nasdaq under the symbol "LION" on May 14, 2024, following the business combination[25]. Tax and Compliance - The company reported an income tax expense for the three months ended June 30, 2024, that differed from the U.S. federal statutory corporate income tax rate of 21% due to various factors including changes in valuation allowances[112]. - The company recorded a valuation allowance of $341.6 million against certain U.S. and foreign deferred tax assets that may not be realized on a more likely than not basis as of March 31, 2024[198]. - The Company is in compliance with all applicable covenants related to its debt agreements as of June 30, 2024[62]. Other Financial Metrics - The company recognized no gain or loss upon the initial consolidation of CP LG, as the fair value of the consideration paid equaled the fair value of the net assets on the acquisition date[38]. - The company recorded a noncontrolling interest representing approximately 49% of CP LG amounting to $34.5 million on June 5, 2024[88]. - The company reported a net loss attributable to redeemable noncontrolling interests of $(0.5) million for the three months ended June 30, 2024[83].

Exhibit 99.1 LIONSGATE AND LIONSGATE STUDIOS REPORT RESULTS FOR FIRST QUARTER FISCAL 2025 Lionsgate Revenue was $834.7 Million Net Loss Attributable to Lionsgate Shareholders was $59.4 Million or $0.25 Diluted Net Loss Per Share Adjusted Net Income Attributable to Lionsgate Shareholders was $20.9 Million or $0.09 Adjusted Diluted Earnings Per Share Lionsgate Operating Income was $18.8 Million Lionsgate Adjusted OIBDA was $104.5 Million North American Media Networks and Motion Picture Segment Profits Increas ...

Exhibit 99.1 LIONSGATE AND LIONSGATE STUDIOS REPORT RESULTS FOR FOURTH QUARTER FISCAL 2024 Lionsgate Fourth Quarter Revenue was $1.1 Billion; Operating Loss was $60.9 Million Net Loss Attributable to Lionsgate Shareholders was $39.5 Million or $0.22 Diluted Net Loss Per Share Adjusted Net Income Attributable to Lionsgate Shareholders was $63.4 Million or $0.27 Adjusted Diluted Earnings Per Share Quarterly Adjusted OIBDA was $140.3 Million Television Group Segment Profit Increased 83% in the Quarter, Driven ...