National Cinemedia, Inc. · NASDAQ:NCMI
National Cinemedia — Q4 2023 Earnings Presentation
7 slides from National Cinemedia's earnings presentation, Mar 18, 2024
Slide 1: Q4'23 Earnings Supplemental Presentation
Q4’23 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. Investors are cautioned that reliance on these forward-looking statements involves risks and uncertainties. Although the Company
Slide 3: Q4'23 Key Highlights
Q4’23 Key Highlights ▪ Fourth quarter attendance exceeded 82M, reaching 94% of 2022 levels ▪ Q4’23 revenue was $90.9M (vs. $91.7M in the prior year), exceeded our revenue guidance of $85M to $88M ▪ Q4’23 adj. OIBDA was $39.8M (vs. $42.1M in the prior year), also exceeded our guidance range of $30M t
Slide 4: National CineMedia, LLC Q4 2023 Financial Results
National CineMedia, LLC Q4 2023 Financial Results National CineMedia LLC Condensed Statements of Income (1) (dollars in millions) Quarter ended Year to date (unaudited) March 23, 2023 June 29, 2023 September 28, 2023 December 28, 2023 Year Ended REVENUE $ 34.9 $ 64.4 $ 69.6 $ 90.9 $ 259.8 OPERATING
Slide 5: National CineMedia, LLC Q4 2023 Financial Results
National CineMedia, LLC Q4 2023 Financial Results Adjusted OIBDA Reconciliation Quarter ended Year to date (unaudited) March 23, 2023 June 29, 2023 September 28, 2023 December 28, 2023 Year Ended Operating (loss) income $ (30.6) $ (20.8) $ (150.7) $ 21.3 $ (180.9) Depreciation expense 1.3 1.3 1.0 1.
Slide 6: Q4'23 Results vs. Guidance
Q4’23 Results vs. Guidance Q4’23 Revenue Q4’23 Adjusted OIBDA $88.0 $90.9 $85.0 $39.8 $33.0 $30.0 Low High Actual Low High Actual Management Guidance Management Guidance 6
Slide 7: Investor Contact, Media Contact
Investor Contact Media Contact Chan Park Pam Workman investors@ncm.com press@ncm.com 7