Cinemark Holdings, Inc. · NYSE:CNK
Cinemark — Q4 2021 Earnings Presentation
22 slides from Cinemark's earnings presentation, Feb 25, 2022
Slide 1: Investor Presentation
Investor Presentation February 25, 2022 1
Slide 2: Forward Looking Statements
Forward Looking Statements CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS PURSUANT TO THE U.S. PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: This presentation contains, and our officers and representatives may from time to time make, “forward–looking statements” within the meaning of the s
Slide 3: Cinemark Overview
Cinemark Overview 3
Slide 4: Cinemark Overview
Cinemark Overview 321 Theatres 4,408 Screens(1) • One of the largest and most influential movie theatre companies in the world – 522 theatres with 5,868 screens in 16 countries (1) • U.S. Operations (1) – Third largest exhibitor – 42 states, 104 DMAs – #1 or #2 in box office revenues in 80% of our t
Slide 5: Highly Experienced Management Team
Highly Experienced Management Team Lee Roy Mitchell Sean Gamble Founder & Executive Chairman President & CEO Founded Cinemark in 1987, served as CEO 15+ years of industry experience. Joined as through 2006 and has served as Executive Cinemark’s CFO in 2014 after spending 5+ Chairman since 1996 years
Slide 6: Exhibition Industry Trends
Exhibition Industry Trends Stable, long-term industry growth trends across technology innovations and economic cycles North America Box Office Trends Recliners and enhanced food DVD player Digital projector conversion Investments ... drops to$100 (DVD heyday) Mass OTT streaming adoption ... Recessio
Slide 7: Pre-COVID Summary & Financials
Pre-COVID Summary & Financials 7
Slide 8: Broad and Leading Presence in the Americas
Broad and Leading Presence in the Americas Strong presence across the U.S. and Latin America that is strategically important to film distributors as well as promotional partners 2019 Market Share - North America1 2019 Market Share - Key Latin American Markets1 Cinemark 27% Cinepolis 37% Kinoplex AMC
Slide 9: Initiatives to Drive Growth and Outperformance
Initiatives to Drive Growth and Outperformance Cinemark’s strategic initiatives drove growth and consistent outperformance leading into the crisis. While the initiatives are currently being reprioritized, we expect these to be a focus over the long-term. 1 Create an extraordinary in- theatre guest e
Slide 10: Consistent Industry Outperformance
Consistent Industry Outperformance Cinemark has surpassed North American industry box office growth 12 out of the past 13 years and has 3 consistently led the industry in profitability 2014 - 2019 Admission Revenue Growth 1 CNK WW Adjusted EBITDA Growth 1, 2 +6% 22.9% CAGR $745 17.3% $551 10.1% Nort
Slide 11: 2019 Financial Summary
2019 Financial Summary 2019 Worldwide Results Highlights Amounts in millions • Served ~280 million patrons globally • Achieved 5th consecutive year of record revenue with top- 5-Year line growth in U.S. and International2 segments 2019 CAGR • Exceeded North America industry box office growth by Atte
Slide 12: Pandemic Recovery Update and Financial Results
Pandemic Recovery Update and Financial Results 12
Slide 13: Pandemic Recovery Status
Pandemic Recovery Status Positive momentum regarding the rebound of theatrical exhibition; Cinemark is well-positioned to reignite theatrical moviegoing, drive share, and boost loyalty Recovery Update • 100% of domestic and international theaters fully operational Recovery Considerations throughout
Slide 14: Operational and Promotional Advancements
Operational and Promotional Advancements Have enacted, and are continuing to pursue, varied productivity and efficiency initiatives while focusing on efforts to maximize attendance and box office and drive new ancillary revenue opportunities. Optimizing operating hours and showtime schedules through
Slide 15: Highlights of 4Q21 Results
Highlights of 4Q21 Results We continue to make significant progress in recovering from the effects of the pandemic and are extremely well-positioned to benefit during the ongoing resurgence of theatrical moviegoing • Domestic box office over-indexed the N. American industry results by ~700 bps Box •
Slide 16: Full Year 2021 Financial Summary
Full Year 2021 Financial Summary Amounts in millions Full Year 2021 Worldwide Results Highlights • Delivered positive Free Cash Flow of $71MM and Adj. EBITDA of FY FY $80MM for the full-year driven by the strength of the fourth quarter results 2021 2019 • The industry ramp up continues to progress,
Slide 17: A Look Ahead
A Look Ahead 17
Slide 18: 2022 Notable Film Titles
2022 Notable Film Titles Quarter 1 Quarter 2 Quarter 3 Quarter 4 July 1 November 4 May 6 Universal Warner Bros. January 14 Disney Paramount November 11 July 8 May 20 Disney Disney February 4 Warner Bros. Paramount February 18 May 27 July 15 December 16 Sony Paramount Sony Disney March 4 December 16
Slide 19: 2022 Film Slate
2022 Film Slate Black Panther: Wakanda Forever Avatar 2 Disney Disney Doctor Strange in the Thor: December 16 November 11 Multiverse of Madness Love & Thunder Disney Disney Uncharted The Batman July 8 May 6 Sony Warner Bros. February 18 Sonic the Scream March 4 Nope Paramount Hedgehog 2 January 14 P
Slide 20: Appendix
Appendix 20
Slide 21: FY 2021 Non-GAAP Measure Reconciliations
FY 2021 Non-GAAP Measure Reconciliations $’s in thousands Reconciliation of Cash Flows (Used for) Reconciliation of Net Income/(Loss) to Adjusted EBITDA Provided by Operating Activities to Free Cash Flow FY 2021 FY 2019 FY 2021 FY 2019 Net Income/(Loss) ($422,215) $193,848 Cash flows (used for) prov
Slide 22: Thank You
Thank You Chanda Brashears SVP Investor Relations cbrashears@cinemark.com 972-665-1671 22