Impressive Revenue and EBITDA Growth
AMC Entertainment reported a 35.6% revenue growth and a 391.4% increase in adjusted EBITDA compared to Q2 2024. The revenue reached $1.4 billion, and adjusted EBITDA was $189.2 million.
Record-Breaking Attendance and Per Patron Metrics
Global attendance rose by 25.6%, welcoming 63 million moviegoers, and total revenue per patron reached an all-time high of $22.26. Admissions revenue per patron also hit a record of $12.14.
Successful Strategic Initiatives
AMC's new pricing strategies, especially the 50% off Tuesdays and Wednesdays, showed promising initial results. The A-List membership is up 15% year-over-year, and new VIP Stubs tier gained nearly 500,000 members in 7 months.
Strengthened Financial Position
AMC raised more than $240 million in new capital, extended debt maturities to 2029, and reduced principal debt by over $1.1 billion since 2022.
Expansion of Premium Formats
AMC is expanding its IMAX and Dolby Cinema screens and adding more premium large-format (PLF) auditoriums, enhancing the moviegoing experience.