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 theatreThe information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
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