AMC(US:AMC) Deadline·2025-02-25 21:38Core 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]