earnings
confidence high
sentiment positive
materiality 0.70
Cinemark FY2023 revenue $3.1B, net income $191M, Adj. EBITDA $594M; Q4 net loss $18M
Cinemark Holdings, Inc.
2023-FY EPS reported
$1.34
revenue$3,066,700,000
- FY2023 total revenue $3.1B, up 25% YoY; net income $191M ($1.34 diluted EPS) vs. prior-year loss.
- Q4 2023 revenue $638.9M (+6.5% YoY); net loss $(18.0)M, diluted EPS $(0.15) vs. $(0.82) a year ago.
- Record concession per cap $5.68 for FY2023; concession revenue exceeded FY2019 by 3% despite 25% less attendance.
- Adj. EBITDA $594M (19.4% margin) for FY2023, up 77% YoY; free cash flow $295M; cash balance $849M at year-end.
- Domestic and international market share gains vs. 2019; reduced pandemic debt by over $100M in 2023.