AMC Entertainment Reports 45.2% YOY Revenue Increase in Q3 FY2023, Net Income Up 105.4%
November 21, 2023
☀️Earnings Overview
On November 8th 2023, AMC ($NYSE:AMC) Entertainment announced its earnings results for Q3 of FY2023 with a total revenue of USD 1405.9 million, a 45.2% increase from the same time last year, and a net income of USD 12.3 million, which was 105.4% higher than the previous year.
Analysis
GoodWhale presents an analysis of AMC ENTERTAINMENT‘s fundamentals. According to the Star Chart, AMC ENTERTAINMENT has a low health score of 2/10 with regard to its cashflows and debt, making it less likely to pay off debt and fund future operations. Additionally, AMC ENTERTAINMENT is strong in growth, medium in profitability and weak in asset and dividend. Based on these metrics, AMC ENTERTAINMENT is classified as a ‘Cheetah’ type of company, which indicates that it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given this assessment, investors looking for short-term gains may be interested in investing in AMC ENTERTAINMENT. However, those looking for more long-term investments may want to look elsewhere due to the company’s overall lower health score and lower profitability. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amc Entertainment. More…
| Total Revenues | Net Income | Net Margin |
| 4.7k | -502.3 | -8.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amc Entertainment. More…
| Operations | Investing | Financing |
| -170.7 | -186.7 | 399.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amc Entertainment. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.79k | 10.93k | -10.78 |
Key Ratios Snapshot
Some of the financial key ratios for Amc Entertainment are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.0% | -4.0% | -1.9% |
| FCF Margin | ROE | ROA |
| -8.5% | 2.4% | -0.6% |
Peers
AMC Entertainment Holdings Inc is one of the world’s largest movie theater chains. It has several competitors, including Shine Trend International Multimedia Tec, Bonhill Group PLC, and DEAG Deutsche Entertainment AG.
– Shine Trend International Multimedia Tec ($TPEX:6856)
Shine Trend International Multimedia Tec is a global technology company that provides innovative solutions for the communications, media, and entertainment industries. The company has a market cap of 1.93B as of 2022 and a return on equity of 18.8%. Shine Trend International Multimedia Tec is a leading provider of innovative communications and media solutions that enable its customers to connect, interact, and collaborate. The company’s products and services include: broadband and IPTV solutions, cloud-based solutions, content management and delivery solutions, and enterprise communications solutions. Shine Trend International Multimedia Tec is headquartered in Shenzhen, China.
– Bonhill Group PLC ($LSE:BONH)
Bonhill Group PLC is a United Kingdom-based company, which provides business-to-business media and events services. The company operates through four segments: Vitesse Media, Information Media, Investment Media and Events. Vitesse Media segment comprises of online and print publications, which provide news and information for small and medium-sized enterprises (SMEs) in the United Kingdom. Information Media segment provides market intelligence, news and analysis on the technology, media and telecom sectors. Investment Media segment focuses on the private equity and venture capital markets. Events segment consists of conferences, exhibitions and awards.
Summary
AMC Entertainment reported strong financial results for the third quarter of FY2023, with total revenue increasing 45.2% year-over-year and net income increasing 105.4% year-over-year. This indicates that the company is effectively adapting to the new market environment and is in a better financial position than it was in the past. Investors should take note of the company’s positive performance and consider the potential for future growth and potential dividend returns. Given the current market conditions, AMC Entertainment may be an attractive investment opportunity for those looking to capitalize on this strong performance.
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