Cinemark Investor Presentation
Highlights of FY 2023 Results
CINEMARK™
We continue to make significant progress recovering from the pandemic and have consistently
demonstrated our ability to flex and adapt in a dynamic landscape
Box
• Domestic box office outperformed the North American industry results by 700 bps comparing FY23 against FY19 with the
largest share gain among the major U.S. exhibitors (~100 bps)
Office
XD
D-BOX
Premium
Formats
•
Food &
Beverage
MOVIE CLUB
MOVIE REWARDS Loyalty
International admissions also surpassed Latin American industry benchmarks by 600 bps comparing FY23 against FY19
Achieved all-time high XD box office with FY23 and exceeded FY19 box office by 13%
• As a percentage of global box office, XD remains nearly 300 bps higher than FY19
Delivered record DBOX motion seat box office revenue and surpassed FY19 box office by 87%
•
Achieved all-time food & beverage revenue that exceeded FY19 by 3%
.
•
Generated record food & beverage per cap of $7.45 domestically, an increase of 40% compared with FY19; international
per cap increased 33% versus FY19 in USD
Continued to offset inflationary pressures through product alternatives, category management and strategic pricing actions
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an increase of 25% from 2019; represented 24% of FY23 box office
Movie Club exceeded 1.2 million members
O Global consumer reach of 22 million addressable customers
$
Profitability
Delivered $3B total revenue (within 7% of FY19 on 25% less attendance)
•
Delivered $594M AEBITDA with a 19.4% AEBITDA margin
•
Generated free cash flow of $295M and increased cash balance to $849M at the end of the year
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1) See Appendix for reconciliation of Adjusted EBITDA to the most directly comparable GAAP measuresView entire presentation