AMC ENTERTAINMENT HOLDINGS INC
For the period ended Mar 31, 2025. Filed May 7, 2025.
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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 31, 2025 · Filed May 7, 2025
AMC$3.46+1.8%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows
| | | | | | | |
|---|---|---|---|---|---|---|
| | | | | | | |
| · · Three Months Ended | ||||||
| (In millions) · · March 31, 2025 · · March 31, 2024 | ||||||
| Cash flows from operating activities: · · (unaudited) | ||||||
| Net loss | | $(202.1) | | $(163.5) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | | | | | | |
| Depreciation and amortization | | | 76.1 | | | 81.6 |
| Gain on extinguishment of debt | | | — | | | (5.8) |
| Gain on derivative liability | | | (45.1) | | | — |
| Deferred income taxes | | | 0.9 | | | 0.5 |
| Unrealized loss (gain) on investments in Hycroft | | | (2.8) | | | 1.0 |
| Amortization of net discount (premium) on corporate borrowings to interest expense | | | 4.2 | | | (11.2) |
| Amortization of deferred financing costs to interest expense | | | 1.9 | | | 2.5 |
| PIK interest expense | | | 8.6 | | | — |
| Non-cash portion of stock-based compensation | | | 5.7 | | | 4.3 |
| Equity in earnings from non-consolidated entities, net of distributions | | | 0.1 | | | (2.4) |
| Lease incentives | | | 4.2 | | | 4.6 |
| Deferred rent | | | (26.8) | | | (28.1) |
| Net periodic benefit cost | | | 0.3 | | | 0.7 |
| Change in assets and liabilities: | | | | | | |
| Receivables | | | 73.9 | | | 58.8 |
| Other assets | | | (14.4) | | | (23.7) |
| Accounts payable | | | (134.4) | | | (48.1) |
| Accrued expenses and other liabilities | | | (109.5) | | | (62.5) |
| Other, net | | | (10.8) | | | 3.0 |
| Net cash used in operating activities | | | (370.0) | | | (188.3) |
| Cash flows from investing activities: | | | | | | |
| Capital expenditures | | | (47.0) | | | (50.5) |
| Other, net | | | 0.1 | | | 0.5 |
| Net cash used in investing activities | | | (46.9) | | | (50.0) |
| Cash flows from financing activities: | | | | | | |
| Net proceeds (disbursements) from equity issuances | | | 169.6 | | | (0.5) |
| Scheduled principal payments under Term Loan borrowings | | | (5.0) | | | (5.0) |
| Principal payments under finance lease obligations | | | (0.8) | | | (1.2) |
| Repurchase of Senior Subordinated Notes due 2025 | | | (1.3) | | | — |
| Cash used to pay deferred financing costs | | | (0.1) | | | (0.1) |
| Taxes paid for restricted unit withholdings | | | (4.4) | | | (2.2) |
| Net cash provided by (used in) financing activities | | | 158.0 | | | (9.0) |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | | | 5.8 | | | (3.4) |
| Net decrease in cash and cash equivalents and restricted cash | | | (253.1) | | | (250.7) |
| Cash and cash equivalents and restricted cash at beginning of period | | | 680.8 | | | 911.4 |
| Cash and cash equivalents and restricted cash at end of period | | $427.7 | | $660.7 | ||
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | | | | | | |
| Cash paid during the period for: | | | | | | |
| Interest | | $92.9 | | $77.8 | ||
| Income taxes paid, net | | $0.9 | | $0.2 | ||
| Schedule of non-cash activities: | | | | | | |
| Construction payables at period end | | $28.5 | | $23.8 | ||
| Other third-party equity issuance costs payable | | $— | | $0.1 | ||
| Extinguishment of Second Lien Notes due 2026 in exchange for share issuance | | $— | | $19.9 | ||
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