← AMC ENTERTAINMENT HOLDINGS, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net loss | — | — | — | ($149.1m) | ($4.6b) | ($1.3b) | ($973.6m) | ($396.6m) | ($352.6m) | ($632.4m) | — | |
| Net Income (Loss) Attributable to Parent | — | ($487.2m) |
$110.1m
+122.60%
|
($149.1m)
-235.42%
|
($4.6b)
-2977.87%
|
($1.3b)
+72.35%
|
($973.6m)
+23.28%
|
($396.6m)
+59.26%
|
($352.6m)
+11.09%
|
($632.4m)
-79.35%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $111.7m | — | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | ($487.2m) | $110.1m | ($149.1m) | ($4.6b) | ($1.3b) | ($973.6m) | ($396.6m) | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | ($300k) | ($700k) | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $268.2m | $538.6m | $537.8m | $450.0m | $498.3m | $425.0m | $396.0m | $365.0m | $319.5m | $313.4m | $311.3m | |
| Amortization of Debt Issuance Costs | — | — | — | $15.8m | $14.2m | $23.3m | $12.6m | $9.6m | $8.3m | $11.3m | — | |
| Amortization of Intangible Assets | $9.6m | $20.0m | $19.2m | $5.1m | $4.5m | $3.5m | $2.6m | $2.1m | $800k | — | — | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | — | $23.3m | — | — | |
| Depreciation | $239.9m | $495.2m | $498.2m | $413.6m | $453.2m | $382.0m | $359.0m | $337.5m | $295.4m | $286.8m | $311.3m | |
| Amortization of net discount (premium) on corporate borrowings to interest expense | $201k | ($2.7m) | $200k | $11.3m | ($22.0m) | ($3.9m) | ($65.4m) | ($55.6m) | ($17.5m) | $14.6m | — | |
| Amortization of deferred financing costs to interest expense | — | $12.7m | $16.0m | $15.8m | $14.2m | $23.3m | $12.6m | $9.6m | $8.3m | $11.3m | — | |
| Deferred Income Tax Expense (Benefit) | $34.1m | $157.8m | ($6.4m) | ($33.7m) | $64.0m | ($7.6m) | $1.7m | $700k | $1.5m | $1.8m | $1.3m | |
| Share-based Payment Arrangement, Noncash Expense | $4.9m | $5.7m | $14.9m | $4.4m | $25.4m | $43.1m | $22.5m | $42.5m | $22.0m | $16.9m | $15.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $6.5m | $1.7m | $1.3m | $5.1m | $19.1m | $52.3m | $14.2m | $2.2m | $4.4m | — | |
| Share-based Payment Arrangement, Expense | $4.9m | $5.7m | — | — | — | $43.1m | $22.5m | $42.5m | $22.0m | $16.9m | $15.8m | |
| Non-cash portion of stock-based compensation | $4.9m | $5.7m | $14.9m | $4.4m | $25.4m | $43.1m | $22.5m | $42.5m | $22.0m | $16.9m | — | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | $3.6m | $8.6m | — | — | — | — | — | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $10.3m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | $2.3b | — | — | — | — | — | $53.8m | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | — | — | $14.4m | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | $0 | $0 | $0 | $15.2m | $0 | $0 | $0 | $0 | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | $60.0m | — | — | — | — | — | — | — | |
| Impairment of long-lived assets | $5.5m | $43.6m | $13.8m | $84.3m | — | $77.2m | $133.1m | $106.9m | $72.3m | $43.5m | — | |
| Impairment of equity investments recorded in investment income | — | — | — | — | — | — | — | $1.0m | — | $10.3m | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | $5.5m | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $47.7m | ($185.2m) | $86.7m | $30.6m | ($30.9m) | $11.0m | ($1.6m) | $7.7m | $12.4m | $6.8m | — | |
| Other Nonoperating Income (Expense) | $446k | $1.7m | $108.1m | ($13.4m) | ($28.9m) | $87.9m | ($53.6m) | $69.1m | $156.2m | ($112.4m) | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $15 | $4 | $40 | ($3) | ($45) | ($1) | ($8) | $0 | $2 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Receivables | ($56.8m) | ($36.6m) | ($200k) | $700k | $159.3m | ($82.7m) | $4.0m | ($45.6m) | $37.4m | $13.2m | ($11.1m) | |
| Increase (Decrease) in Accounts Payable | $21.5m | $34.7m | ($85.6m) | $104.8m | ($176.4m) | $63.8m | ($40.4m) | ($700k) | $60.1m | ($7.5m) | $98.2m | |
| Construction payables at period end | $86.9m | $82.7m | $100.8m | $97.0m | $18.2m | $40.4m | $36.3m | $42.3m | $35.1m | $43.1m | — | |
| Accrued expenses and other liabilities | ($18.4m) | ($21.4m) | $68.5m | ($600k) | $102.5m | $164.3m | ($39.2m) | ($26.7m) | ($13.8m) | $10.9m | — | |
| Other assets | ($29.1m) | $18.3m | ($400k) | $30.9m | $76.8m | ($5.8m) | $2.3m | ($6.7m) | ($10.7m) | $4.6m | — | |
| Net Cash Provided by (Used in) Operating Activities | $431.7m |
$558.7m
+29.43%
|
$523.2m
-6.35%
|
$579.0m
+10.67%
|
($1.1b)
-295.08%
|
($614.1m)
+45.63%
|
($628.5m)
-2.34%
|
($215.2m)
+65.76%
|
($50.8m)
+76.39%
|
($119.8m)
-135.83%
|
$218.7m
+282.55%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $2.4m | $2.5m | $3.2m | $17.4m | $17.4m | ($300k) | ($1.1m) | — | — | — | $217.6m | |
| Capital expenditures | ($421.7m) | ($626.8m) | ($576.3m) | ($518.1m) | ($173.8m) | ($92.4m) | ($202.0m) | ($225.6m) | ($245.5m) | ($246.1m) | ($241.1m) | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | ($13.5m) | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | ($6.3m) | ($12.6m) | ($3.0m) | $34.4m | $200k | |
| Loss (gain) on investments in Hycroft | — | — | — | — | — | — | $6.3m | $12.6m | $3.0m | ($34.4m) | — | |
| Proceeds from sale/disposition investments | — | $98.2m | $208.3m | $14.0m | — | — | — | $30.0m | — | $24.1m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $11.8m | — | $8.2m | $17.8m | $4.0m | — | — | ($4.0m) | |
| Payments for (Proceeds from) Other Investing Activities | $6.5m | $2.3m | $2.1m | ($300k) | ($2.5m) | $400k | $600k | ($3.0m) | ($2.1m) | ($1.5m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($1.4b) | ($965.2m) | ($317.2m) | ($516.1m) | ($154.6m) | ($68.2m) | ($224.0m) | ($180.1m) | ($242.9m) | ($221.6m) | ($185.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | $16.6m | $93.6m | ($14.1m) | ($92.8m) | $142.8m | $38.9m | ($196.0m) | — | |
| Loss (gain) on extinguishment of debt | — | $500k | $400k | $16.6m | ($93.6m) | $14.1m | $92.8m | ($142.8m) | ($38.9m) | $196.0m | — | |
| Proceeds from issuance of debt | $498.8m | $327.8m | — | $2.0b | — | — | — | — | $27.0m | $244.4m | $660.9m | |
| Scheduled principal payments under Term Loan borrowings | ($8.8m) | ($12.6m) | ($13.8m) | ($21.9m) | ($20.0m) | ($20.0m) | $20.0m | $20.0m | ($20.1m) | ($20.1m) | — | |
| Debt extinguishment costs | — | — | — | — | — | ($5.3m) | ($101.2m) | ($233.3m) | ($3.9m) | ($2.4m) | — | |
| Payments for Repurchase of Common Stock | — | $34.0m | $21.8m | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $1.6b | — | — | — | — | $334.6m | |
| Dividends paid | $80 | $105 | $258 | $84 | $6 | — | $1 | — | — | — | $0 | |
| Dividends Payable | $0 | $1 | $4 | $2 | $0 | — | — | — | — | — | — | |
| Cash used to pay deferred financing costs | ($65.9m) | ($33.6m) | ($15.5m) | ($11.9m) | ($15.4m) | ($19.9m) | ($26.1m) | ($2.0m) | ($46.7m) | ($40.5m) | — | |
| Net Cash Provided by (Used in) Financing Activities | $918.3m |
$492.3m
-46.39%
|
($194.8m)
-139.57%
|
($112.9m)
+42.04%
|
$1.3b
+1278.30%
|
$2.0b
+49.64%
|
($91.3m)
-104.59%
|
$649.3m
+811.17%
|
$68.4m
-89.47%
|
$125.2m
+83.04%
|
$313.7m
+150.56%
|
|
| Net increase (decrease) in cash and cash equivalents and restricted cash | $19.0m | $88.1m | $5.7m | ($48.5m) | $45.9m | $1.3b | ($965.9m) | $257.0m | ($230.6m) | ($203.5m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $5.7m | ($48.5m) | $45.9m | $1.3b | ($965.9m) | $257.0m | ($230.6m) | ($203.5m) | $821.9m | |
| Cash and cash equivalents and restricted cash at beginning of period | $230.2m | $318.3m | $324.0m | $275.5m | $321.4m | $1.6b | $654.4m | $911.4m | $680.8m | $477.3m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $324.0m | $275.5m | $321.4m | $1.6b | $654.4m | $911.4m | $680.8m | $477.3m | $821.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | ($22.1m) | $3.0m | ($5.3m) | $12.7m | ($2.4m) | |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | $600k | $17.7m | ($5.5m) | $1.5m | ($300k) | ($9.5m) | ($22.1m) | $3.0m | ($5.3m) | $12.7m | ($2.4m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $105.4m | $226.7m | $278.3m | $284.5m | $237.5m | $274.7m | $379.0m | $421.2m | $401.6m | $406.9m | — | |
| Income Taxes Paid, Net | $4.7m | $10.9m | $19.5m | ($1.7m) | $10.5m | $7.4m | ($800k) | ($4.3m) | ($700k) | ($2.8m) | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | ($66.4m) | ($5.8m) | ($109.0m) | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | $3.0m | ($1.4m) | ($1.5m) | $2.8m | — | — | — | — | $28.1m | — | |
| General and Administrative Expense | — | — | — | $153.0m | — | — | — | — | — | — | — | |
| Goodwill | $3.9b | $4.9b | $4.8b | $4.8b | $2.5b | $2.4b | $2.3b | $2.4b | $2.3b | $2.4b | $53.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $111.7m | ($487.2m) | $110.1m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($4.6b) | ($1.3b) | ($973.6m) | ($396.6m) | — | — | — | |
| Income Tax Expense (Benefit) | $38.0m | $154.1m | $13.6m | ($22.5m) | $59.9m | ($10.2m) | $2.5m | $3.4m | $2.1m | $4.5m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $530.2m | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $19.2m | $8.0m | — | |
| Operating Expenses | $20.1m | $20.6m | $24.0m | $14.8m | ($9.4m) | $200k | $8.0m | $2.5m | $5.4m | $14.6m | — | |
| Operating Lease, Expense | — | — | — | $967.8m | $884.1m | $828.0m | $886.2m | $873.5m | $873.6m | $887.3m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($342k) | $900k | — | — | — | — | — | — | — | — | — | |
| Payments of Financing Costs | $65.9m | $33.6m | $15.5m | $11.9m | $15.4m | $19.9m | $26.1m | $2.0m | $46.7m | $40.5m | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | $37.0m | — | — | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | — | — | ($400k) | — | — | — | — | — | |
| Gain on derivatives | — | — | — | — | — | — | — | — | ($75.8m) | ($37.4m) | — | |
| PIK interest expense | — | — | — | — | $73.4m | $116.2m | — | — | $14.7m | $44.4m | — | |
| Equity in earnings from non-consolidated entities, net of distributions | ($15.5m) | ($3.9m) | ($40.0m) | $2.7m | $45.4m | $1.3m | $7.6m | ($200k) | ($1.6m) | ($200k) | — | |
| Lease incentives | $125.1m | $133.3m | $127.6m | $106.5m | $43.6m | $22.0m | $19.9m | $23.9m | $31.8m | $45.6m | — | |
| Non-cash rent benefit | — | — | — | — | — | — | — | ($159.1m) | ($106.1m) | ($109.3m) | — | |
| Net periodic benefit cost | $730k | $600k | $1.1m | $1.7m | $1.8m | ($900k) | ($600k) | $1.4m | $1.8m | $1.2m | — | |
| Other, net | ($6.5m) | ($2.3m) | ($2.1m) | $300k | $2.5m | ($400k) | ($600k) | $3.0m | $2.1m | $1.5m | — | |
| Acquisition of theatre assets | — | — | — | ($11.8m) | — | ($8.2m) | ($17.8m) | ($4.0m) | — | — | — | |
| Proceeds from disposition of long-term assets | $19.9m | $24.1m | $14.2m | $23.2m | $26.0m | $7.9m | $11.3m | $16.5m | $500k | $2.9m | — | |
| Investment in non-consolidated entities | — | ($11.1m) | ($11.4m) | ($9.7m) | ($9.3m) | ($9.3m) | ($27.9m) | — | — | ($4.0m) | — | |
| Net proceeds from equity issuances | — | — | — | — | — | $1.8b | $220.4m | $832.7m | $254.9m | $169.6m | — | |
| Principal payments under notes | ($593.2m) | ($313.9m) | — | ($605.0m) | — | ($35.0m) | ($873.5m) | — | ($5.0m) | ($215.9m) | — | |
| Principal payments under finance lease obligations | — | — | ($71.0m) | ($10.9m) | ($6.2m) | ($9.0m) | ($9.4m) | ($5.6m) | ($4.6m) | ($4.2m) | — | |
| Repurchase of Senior Subordinated Notes due | — | — | — | — | — | — | ($69.9m) | ($141.6m) | ($104.0m) | ($1.3m) | — | |
| Principal payments under Term Loan due 2026 | — | ($350.0m) | — | — | — | — | — | — | $27.0m | — | — | |
| Other third-party equity issuance costs payable | — | — | — | — | — | — | $2.8m | $100k | $1.2m | — | — | |
| Deferred financing costs payable | — | — | — | — | — | — | — | — | $200k | $4.7m | — | |
| Extinguishment of Notes due in exchange | — | — | — | — | — | — | — | $238.6m | $825.7m | $937.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.