Q1’20 Earnings Supplemental Presentation Liquidity and COVID-19 Update slide image

Q1’20 Earnings Supplemental Presentation Liquidity and COVID-19 Update

Q1 2020 Highlights versus Q1 2019 Financial: Total revenue decreased 15.9% to $64.7 million. Adjusted OIBDA (1) decreased 34.8% to $14.4 million. National and Regional Sales revenue decreased 13.2% to $49.8 million. Attendance decline of 19.0% during the quarter. ● ● ● ● Local revenue decreased 26.6% to $9.4 million. Beverage revenue decreased 17.9% to $5.5 million related to 19.4% founding member attendance decline. Other: Total first and second party data sets for our digital platform are over 146 million as of March 26, 2020, up from 39 million a year ago. (1) Adjusted OIBDA represents a non-GAAP measure (operating income before depreciation and amortization and excluding non-cash share based costs and CEO transition costs). See reconciliation to the comparable GAAP measure on slide 17 of this presentation. NCM NATIONAL CINEMEDIA 6
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