National Cinemedia, Inc. · NASDAQ:NCMI
National Cinemedia — Q2 2024 Earnings Presentation
7 slides from National Cinemedia's earnings presentation, Aug 5, 2024
Slide 1: 2Q'24 Earnings Supplemental Presentation
2Q’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: NCM LLC 2Q'24 & YTD'24 Key Highlights
NCM LLC 2Q’24 & YTD’24 Key Highlights ▪ 2Q’24 revenue of $54.7M (vs. $64.4M in the prior year) exceeded our revenue guidance range of $49.5M to $51.5M ̶ Despite a 31% y/y decrease in 2Q’24 network attendance, inventory utilization continued to improve which resulted in 23% y/y growth in total revenu
Slide 4: National CineMedia, Inc. Q2 & YTD 2024 Financial Results
National CineMedia, Inc. Q2 & YTD 2024 Financial Results National CineMedia, Inc. Condensed Statements of Income (dollars in millions) Quarter ended Year to date (unaudited) March 28, 2024 June 27, 2024 Six Months Ended REVENUE $ 37.4 $ 54.7 $ 92.1 OPERATING EXPENSES Network operating costs 3.6 3.7
Slide 5: National CineMedia, Inc. Q2 & YTD 2024 Financial Results
National CineMedia, Inc. Q2 & YTD 2024 Financial Results Adjusted OIBDA Reconciliation Quarter ended Year to date (unaudited) March 28, 2024 June 27, 2024 Six Months Ended Operating (loss) income $ (22.7) $ (9.3) $ (32.0) Depreciation expense 1.1 1.1 2.2 Amortization expense 9.4 9.5 18.9 Share-based
Slide 6: Q2'24 Results vs. Guidance
Q2’24 Results vs. Guidance Q2’24 Revenue Q2’24 Adjusted OIBDA $54.7 $49.5 $51.5 $7.6 $4.5 $3.5 Low High Actual Low High Actual Management Guidance Management Guidance 6
Slide 7: Investor Contact Media Contact
Investor Contact Media Contact Chan Park Amy Tunick investors@ncm.com press@ncm.com 7