National Cinemedia, Inc. · NASDAQ:NCMI
National Cinemedia — Q2 2025 Earnings Presentation
9 slides from National Cinemedia's earnings presentation, Aug 5, 2025
Slide 1: 2Q'25 Earnings Supplemental Presentation
2Q’25 Earnings Supplemental Presentation August 5, 2025
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: 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 GAAP
Slide 4: 2Q'25 Key Highlights
2Q’25 Key Highlights • 2Q’25 revenue of $51.8M decreased 5% as compared to 2Q’24 revenue of $54.7M due to economic uncertainty and tariff-related pressures impacting key verticals such as automotive, consumer packaged goods, and government ̶ Advertising revenue per attendee for the quarter was $0.41
Slide 5: 2Q'25 Results vs. Guidance
2Q’25 Results vs. Guidance 2Q’25 Revenue 2Q’25 Adjusted OIBDA $61.0 $7.5 $56.0 $51.8 $2.5 $0.7 Low High Actual Low High Actual Management Guidance Management Guidance 5
Slide 6: NCM, Inc. 2Q'25 & 2024 Financial Results
NCM, Inc. 2Q’25 & 2024 Financial Results Quarter Ended (in millions, unaudited) June 27, September 26, December 26, March 27, June 26, 2024 2024 2024 2025 2025 Attendance 92.8 121.6 100.7 72.3 115.3 Revenue $54.7 $62.4 $86.3 $34.9 $51.8 Operating Expenses Network Operating Costs 3.7 3.3 3.1 3.1 3.2
Slide 7: Adjusted OIBDA & Unlevered Free Cash Flow Reconciliation for NCM, Inc.
Adjusted OIBDA & Unlevered Free Cash Flow Reconciliation for NCM, Inc. Quarter Ended (in millions, unaudited) June 27, September 26, December 26, March 27, June 26, 2024 2024 2024 2025 2025 Operating (loss) income $(9.3) $(7.5) $20.0 $(23.9) $(12.0) Depreciation expense 1.1 1.3 1.1 1.1 1.1 Amortizat
Slide 8: Adjusted Operating Expense Reconciliation for NCM, Inc.
Adjusted Operating Expense Reconciliation for NCM, Inc. Quarter Ended (in millions, unaudited) June 27, September 26, December 26, March 27, June 26, 2024 2024 2024 2025 2025 Operating expense $64.0 $69.9 $66.3 $58.8 $63.8 Depreciation expense (1.1) (1.3) (1.1) (1.1) (1.1) Amortization expense (9.5)
Slide 9: Investor Contact Media Contact
Investor Contact Media Contact Chan Park Doug Serton investors@ncm.com press@ncm.com