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State: 17.08.2024 | 11PM
Tue, 11.02.2025       Cineplex

TORONTO, Feb. 11, 2025 /CNW/ - (TSX: CGX) - Today, Cineplex Inc. ("Cineplex" or the "Company") released its financial results for the three months and year ended December 31, 2024. Unless otherwise specified, all amounts contained in this news release are in Canadian dollars.

Q4 2024 Highlights:

Reported $362.7 million in revenues, a 15.1% increase over the prior yearAchieved $40.3M in Adjusted EBITDAaL, an increase of 66.6% relative to the prior yearReported net income of $3.3 million, an increase of $12.3 million relative to the prior year net loss of $9.0 millionDelivered an all-time quarterly BPP record of $13.26 and an all-time Q4 CPP record of $9.41Grew media revenues by 25.7% over the prior year due to expanded digital-out-of-home network and improved Cinema advertising businessOpened 3 new Location-Based Entertainment venues and one new theatre

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