National CineMedia Inc
For the period ended Mar 27, 2025. Filed May 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 27, 2025 · Filed May 6, 2025
NCMI$1.62-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions) (UNAUDITED)
| Three Months Ended | ||
|---|---|---|
| March 27, 2025 | March 28, 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Consolidated net loss | $(30.7) | $(34.7) |
| Adjustments to reconcile consolidated net loss to net cash provided by operating activities: | ||
| Depreciation expense | 1.1 | 1.0 |
| Amortization expense | 9.3 | 9.5 |
| Non-cash share-based compensation | 2.7 | 2.6 |
| Amortization of debt issuance costs | 0.1 | 0.2 |
| Loss on extinguishment of debt | 1.8 | — |
| Non-cash loss on re-measurement of the payable under the tax receivable agreement | 5.5 | 12.3 |
| Other | (0.1) | (0.2) |
| ESA integration and other encumbered theater payments | 0.3 | 0.3 |
| Other cash flows from operating activities | 0.1 | — |
| Changes in operating assets and liabilities: | ||
| Receivables, net | 38.7 | 47.9 |
| Accounts payable and accrued expenses | (16.8) | (17.1) |
| ESA amounts due to/from, net | (0.8) | (1.7) |
| Prepaid expenses | — | 0.9 |
| Deferred revenue | (5.2) | 3.2 |
| Other, net | — | (0.1) |
| Net cash provided by operating activities | 6.0 | 24.1 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchases of property and equipment | (0.7) | (1.5) |
| Proceeds received from equity method investment | — | 0.2 |
| Net cash used in investing activities | (0.7) | (1.3) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Payment of dividends | — | (0.3) |
| Purchases of NCM, Inc.'s common stock | (8.8) | — |
| Repayment of revolving credit facility | (10.0) | — |
| Payment of debt issuance costs | (1.5) | — |
| Repurchase of stock for restricted stock tax withholding | (0.1) | — |
| Net cash used in financing activities | (20.4) | (0.3) |
| CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | (15.1) | 22.5 |
| Cash, cash equivalents and restricted cash at beginning of period | 78.1 | 37.6 |
| Cash, cash equivalents and restricted cash at end of period | $63.0 | $60.1 |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)
(In millions)
| Three Months Ended | ||
|---|---|---|
| March 27, 2025 | March 28, 2024 | |
| Supplemental disclosure of non-cash financing and investing activity: | ||
| Right of use assets obtained in exchange for lease liabilities | $— | $7.2 |
| Accrued purchases of property and equipment | $0.1 | $0.5 |
| Increase in dividend equivalent accrual not requiring cash in the period | $2.9 | $— |
| Supplemental disclosure of cash flow information: | ||
| Cash paid for interest | $0.1 | $0.2 |
| Cash paid for income taxes | $— | $0.1 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.