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Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 919M | 31.8% |
Gross Profit | 919M | 31.8% |
Cost of Revenue | 3.8M | 280% |
Operating expense | -100,000 | 105.9% |
Net Income | 188M | 310% |
EBITDA | 920M | 954.9% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 1.58B | 0.3% |
Total Liabilities | 4.37B | 1% |
Shares Outstanding | 120M | 0.1% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | 901M | 19.3% |
Cash from financing | -3.9M | 2.6% |
EPS
Financial Highlights for Cinemark in Q3 '24
Cinemark reported a revenue of 919M, which is a 31.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 919M, marking a 31.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.8M, a 280% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were -100,000, showing a -105.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 188M, showing a 310% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 920M, showing a 954.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Cinemark with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.