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Earnings Call Summary | CINEPLEX INC(CPXGF.US) Q4 2023 Earnings Conference

Earnings Call Summary | CINEPLEX INC(CPXGF.US) Q4 2023 Earnings Conference

業績電話會議摘要 | CINEPLEX INC (CPXGF.US) 2023 年第四季度業績發佈會
富途資訊 ·  02/09 10:05  · 電話會議

The following is a summary of the Cineplex Inc. (CPXGF) Q4 2023 Earnings Call Transcript:

以下是Cineplex Inc.(CPXGF)2023年第四季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Cineplex demonstrated an impressive annual total revenue increase of 25.9% to $1.4 billion in 2023.

  • Adjusted EBITDA nearly tripled to $157.4 million, with a significantly improved margin of 11.3%.

  • The company outperformed the North American box office relative to 2022, up by 785 basis points.

  • In the film exhibition and content segment, there was an increase in attendance by 25.8% and the revenue grew by 29.3%.

  • Revenue from the media segment grew by 6%, while their Leisure and Entertainment (LBE) segment saw a revenue increase of 19.6% from 2022.

  • Cineplex saw a tremendous net income increase to $167.2 million from only $0.1 million in 2020.

  • 2023年,Cineplex的年總收入增長了25.9%,達到14億美元,令人印象深刻。

  • 調整後的息稅折舊攤銷前利潤增長了近三倍,達到1.574億美元,利潤率顯著提高了11.3%。

  • 與2022年相比,該公司的票房超過了北美的票房,增長了785個點子。

  • 在電影展覽和內容領域,出席人數增加了25.8%,收入增長了29.3%。

  • 與2022年相比,媒體板塊的收入增長了6%,而其休閒和娛樂(LBE)板塊的收入增長了19.6%。

  • Cineplex的淨收入從2020年的10萬美元大幅增長至1.672億美元。

Business Progress:

業務進展:

  • Cineplex's loyalty program expanded to over 14 million members, contributing to improved customer engagement.

  • Cineplex plans for additional ScreenX and IMAX screens, owing to premium experiences accounting for 41.1% of 2023 box office revenue.

  • The company made notable expansions in diversified businesses, including alternative content, and partnerships with major brands.

  • Cineplex Junxion is set to expand with new locations in 2024.

  • The company completed the sale of Player One Amusement Group (P1AG) for $155 million, which was used to repay debt.

  • A comprehensive refinancing plan is underway, aiming to extend maturities, remove restrictions, and ultimately introducing a dividend.

  • Cineplex plans to expand its LBE operations with four new locations in Toronto and Montreal.

  • Cineplex expects a boost in customer engagement and site purchases through the rollout of its mobile concession app throughout 2024.

  • They have added Cadillac Fairview to their digital media business, providing significant contributions to the cinema media business in 2024.

  • Cineplex的忠誠度計劃擴大到超過1400萬會員,爲提高客戶參與度做出了貢獻。

  • 由於優質體驗佔2023年票房收入的41.1%,Cineplex計劃增加ScreenX和IMAX屏幕。

  • 該公司在多元化業務方面取得了顯著的擴張,包括替代內容以及與主要品牌的合作伙伴關係。

  • Cineplex Junxion計劃在2024年擴建新地點。

  • 該公司以1.55億美元的價格完成了對Player One娛樂集團(P1AG)的出售,這筆錢用於償還債務。

  • 一項全面的再融資計劃正在進行中,旨在延長到期日,取消限制,並最終引入股息。

  • Cineplex計劃擴大其LBE業務,在多倫多和蒙特利爾開設四個新地點。

  • Cineplex預計,通過在2024年全年推出其移動特許權應用程序,客戶參與度和網站購買量將得到提高。

  • 他們已將凱迪拉克Fairview加入其數字媒體業務,爲2024年的電影媒體業務做出了重大貢獻。

More details: CINEPLEX INC IR

更多詳情: CINEPLEX INC

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