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AMC Entertainment Q4 Beats Street, Stock Pops, CEO Adam Aron Sees “Material Growth” In 2025
AMCAMC(AMC) Deadline·2025-02-25 21:38

Core Insights - AMC Entertainment, the largest theater chain globally, reported a revenue increase of over 18% to 1.3billionforthelastthreemonthsof2024,surpassingestimates[1]−AdjustedEBITDAmorethantripledto1.3 billion for the last three months of 2024, surpassing estimates [1] - Adjusted EBITDA more than tripled to 164.8 million from 49.9millionyear−over−year,exceedingforecasts,whilenetlossesnarrowedto49.9 million year-over-year, exceeding forecasts, while net losses narrowed to 136 million from 182million[2]−Thecompanygeneratedover182 million [2] - The company generated over 200 million in cash from operating activities and approximately 114millioninfreecashflow,markingitshighestquarterlycashflowpost−pandemic[3]AttendanceandRevenue−Morethan62millionguestsvisitedAMCtheatersworldwideinQ4,arecordpost−pandemicanda20114 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 375millionin2024,endingtheyearwithmorethan375 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]