AMC ENTERTAINMENT HOLDINGS INC
For the period ended Jun 30, 2024. Filed Aug 2, 2024.
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.
Jun 30, 2024 · Filed Aug 2, 2024
AMC$3.46+1.8%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
Condensed Consolidated Statements of Operations
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended · · Six Months Ended | ||||||||||||
| (In millions, except share and per share amounts) · June 30, 2024 · June 30, 2023 · June 30, 2024 · June 30, 2023 | ||||||||||||
| | | (unaudited) | | (unaudited) | ||||||||
| Revenues | | | | | | | | | | | | |
| Admissions | | $564.4 | | $744.1 | | $1,094.9 | | $1,278.2 | ||||
| Food and beverage | | 367.1 | | 488.2 | | 688.3 | | 816.9 | ||||
| Other theatre | | 99.1 | | 115.6 | | 198.8 | | 207.2 | ||||
| Total revenues | | | 1,030.6 | | | 1,347.9 | | | 1,982.0 | | | 2,302.3 |
| Operating costs and expenses | | | | | | | | | | | | |
| Film exhibition costs | | | 272.3 | | | 383.1 | | 511.6 | | 629.3 | ||
| Food and beverage costs | | 69.9 | | 91.7 | | 132.9 | | 153.1 | ||||
| Operating expense, excluding depreciation and amortization below | | 389.5 | | 412.0 | | 783.3 | | 795.2 | ||||
| Rent | | 218.4 | | 220.8 | | 442.9 | | 426.5 | ||||
| General and administrative: | | | | | | | | | | | | |
| Merger, acquisition and other costs | | 0.1 | | 0.6 | | — | | 0.8 | ||||
| Other, excluding depreciation and amortization below | | 49.0 | | 58.1 | | 106.7 | | 130.4 | ||||
| Depreciation and amortization | | | 78.8 | | | 96.8 | | | 160.4 | | | 190.4 |
| Operating costs and expenses | | 1,078.0 | | | 1,263.1 | | 2,137.8 | | | 2,325.7 | ||
| Operating income (loss) | | | (47.4) | | | 84.8 | | | (155.8) | | | (23.4) |
| Other expense (income), net | | | | | | | | | | | | |
| Other expense (income) | | (108.2) | | (31.9) | | (151.0) | | 5.9 | ||||
| Interest expense: | | | | | | | | | | | | |
| Corporate borrowings | | 89.2 | | 92.0 | | 180.2 | | 182.7 | ||||
| Finance lease obligations | | 0.6 | | 1.0 | | 1.5 | | 1.9 | ||||
| Non-cash NCM exhibitor services agreement | | | 9.2 | | | 9.6 | | | 18.5 | | | 19.1 |
| Investment expense (income) | | (6.1) | | 5.1 | | (11.2) | | (8.4) | ||||
| Total other expense (income), net | | (15.3) | | | 75.8 | | 38.0 | | | 201.2 | ||
| Earnings (loss) before income taxes | | (32.1) | | | 9.0 | | (193.8) | | | (224.6) | ||
| Income tax provision | | 0.7 | | 0.4 | | 2.5 | | | 2.3 | |||
| Net earnings (loss) | | $(32.8) | | $8.6 | | $(196.3) | | $(226.9) | ||||
| Net earnings (loss) per share: | | | | | | | | | | | | |
| Basic | | $(0.10) | | $0.06 | | $(0.67) | | $(1.57) | ||||
| Diluted | | $(0.10) | | $0.06 | | $(0.67) | | $(1.57) | ||||
| Average shares outstanding: | | | | | | | | | | | | |
| Basic (in thousands) | | | 321,581 | | | 151,302 | | | 292,496 | | | 144,387 |
| Diluted (in thousands) | | | 321,581 | | | 151,347 | | | 292,496 | | | 144,387 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.