National Cinemedia, Inc. · NASDAQ:NCMI
National Cinemedia — Q4 2024 Earnings Presentation
9 slides from National Cinemedia's earnings presentation, Mar 6, 2025
Slide 1: 4Q'24 & FY'24 Earnings Supplemental Presentation
4Q’24 & FY’24 Earnings Supplemental Presentation
Slide 2: Forward-looking Statements
Forward-looking Statements This presentation contains various forward-looking statements that reflect management’s current expectations or beliefs regarding future events, including statements regarding the Company’s anticipated future financial performance. Investors are cautioned that reliance on
Slide 3: National CineMedia, LLC 4Q'24 & FY'24 Key Highlights
National CineMedia, LLC 4Q’24 & FY’24 Key Highlights ▪ 4Q’24 revenue of $86.3M (vs. $90.9M in the prior year) exceeded our revenue guidance range of $82.0M to $86.0M ̶ Total advertising revenue of $82.7M was down 6% driven by a decrease in utilization while pricing remained flat. ̶ While the overall
Slide 4: National CineMedia, LLC 4Q'24 & FY'24 Financial Results
National CineMedia, LLC 4Q’24 & FY’24 Financial Results Condensed Statements of Income (dollars in millions) Quarter Ended Year Ended (unaudited) March 28, 2024 June 27, 2024 September 26, 2024 December 26, 2024 December 26, 2024 REVENUE $ 37.4 $ 54.7 $ 62.4 $ 86.3 $ 240.8 OPERATING EXPENSES Network
Slide 5: Non-GAAP Financial Measures
Non-GAAP Financial Measures: Adjusted OIBDA, Unlevered Free Cash Flow and Adjusted Operating Expense Adjusted Operating Income Before Depreciation and Amortization (“Adjusted OIBDA”), Unlevered free cash flow and Adjusted Operating Expense are not financial measures calculated in accordance with GAA
Slide 6: Adjusted OIBDA and Unlevered Free Cash Flow Reconciliation for NCM, LLC
Adjusted OIBDA and Unlevered Free Cash Flow Reconciliation for NCM, LLC (dollars in millions) Quarter Ended Year Ended (unaudited) March 28, 2024 June 27, 2024 September 26, 2024 December 26, 2024 December 26, 2024 Operating loss $ (22.7) $ (9.2) $ (7.6) $ 20.0 $ (19.5) Depreciation expense 1.1 1.1
Slide 7: Adjusted Operating Expense Reconciliation for NCM, LLC
Adjusted Operating Expense Reconciliation for NCM, LLC (dollars in millions) Quarter Ended Year Ended (unaudited) March 28, 2024 June 27, 2024 September 26, 2024 December 26, 2024 December 26, 2024 Operating Expense $ 60.1 $ 63.9 $ 70.0 $ 66.3 $ 260.3 Depreciation expense (1.1) (1.1) (1.3) (1.1) (4.
Slide 8: 4Q'24 Results vs. Guidance
4Q’24 Results vs. Guidance 4Q’24 Revenue 4Q’24 Adjusted OIBDA $86.0 $86.3 $35.0 $82.0 $30.0 $28.0 Low High Actual Low High Actual Management Guidance Management Guidance 8
Slide 9: Investor Contact, Media Contact
Investor Contact Media Contact Chan Park Doug Serton investors@ncm.com press@ncm.com 9