National CineMedia Inc

For the period ended Mar 28, 2024. Filed May 6, 2024.

About 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 28, 2024 · Filed May 6, 2024

NCMI$1.62-2.4%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Statements of Operations

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months Ended
	March 28, 2024	March 30, 2023
REVENUE (including revenue from related parties of $0.0, and $3.3, respectively)	$37.4	$34.9
OPERATING EXPENSES:
Network operating costs	3.6	3.9
ESA Parties and network affiliate fees (including fees to related parties of $0.0, and $13.9, respectively)	22.5	23.8
Selling and marketing costs	10.0	9.5
Administrative and other costs	13.5	20.8
Depreciation expense	1.0	1.3
Amortization expense	9.5	6.2
Total	60.1	65.5
OPERATING LOSS	(22.7)	(30.6)
NON-OPERATING EXPENSE (INCOME):
Interest on borrowings	0.4	24.0
Loss (gain) on re-measurement of the payable under the tax receivable agreement	12.3	(0.6)
Other non-operating income	(0.7)	—
Total	12.0	23.4
LOSS BEFORE INCOME TAXES	(34.7)	(54.0)
Income tax expense	—	—
CONSOLIDATED NET LOSS	(34.7)	(54.0)
Less: Net loss attributable to noncontrolling interests	—	(8.5)
NET LOSS ATTRIBUTABLE TO NCM, INC.	$(34.7)	$(45.5)
COMPREHENSIVE LOSS ATTRIBUTABLE TO NCM, INC.	$(34.7)	$(45.5)
NET LOSS PER NCM, INC. COMMON SHARE:
Basic	$(0.36)	$(3.13)
Diluted	$(0.36)	$(3.13)
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic	96,918,564	14,550,799
Diluted	96,918,564	14,550,799

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.