Margin Quality & Cash ConversionStrong gross margins combined with positive operating cash flow provide durable internal liquidity that supports funding of maintenance capex, premium format upgrades and working capital. Margin strength reflects pricing and F&B mix, aiding sustained cash generation across film cycles.
Scale & Market PositionA large nationwide multiplex network delivers structural advantages: scale in advertising inventory, premium-screen pricing, distributor leverage and cross-selling of F&B. Scale helps absorb fixed costs, diversifies geography-driven demand and supports long-term pricing and commercial negotiation power.
Free Cash Flow GenerationPositive operating cash flow and demonstrated free cash flow, even if volatile, indicate the business converts box-office and ancillary revenues into cash. This underpins debt servicing and reinvestment capacity, reducing sole reliance on external equity for strategic investments.