Q3 2023 Results - Cinemark slide image

Q3 2023 Results - Cinemark

3Q23 Financial Summary Worldwide Results 1) 2) 3Q23 3Q22 Variance Attendance 62 48 28% Revenue $875 $650 35% Adj. EBITDA $197 $100 98% Adj. EBITDA % 22.5% 15.3% 720 bps Operating Cash Flow $85 $(18) Free Cash Flow $50 $(43) End Cash Balance $806 $632 CINEMARK™ • 3Q23 Highlights Worldwide attendance increased 28% year-over-year driven by a steady recovery of film volume and a diverse slate of high-quality films Executed upon strategy to maximize attendance and box office and further monetize through ancillary revenue opportunities • • Average ticket price increased 7% in the U.S. and 30% internationally in constant currency Concession per cap increased 5% in the U.S. and 28% internationally in constant currency • Gained operating leverage over fixed costs and delivered Adj. EBITDA • of $197M with an Adj. EBITDA margin of 22.5% Further strengthened the balance sheet by generating $50M in free cash flow and ending the quarter with $806M of cash 1) in Millions 2) See Appendix reconciliation of Adjusted EBITDA and Free Cash Flow to the most directly comparable GAAP measures 12
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