EVERYMAN MEDIA GROUP (EMAN) Trading Update summary

Financial performance

• Revenue rose 17.9% year-on-year to £107.2m, with EBITDA stable at £16.1m.

• Market share increased to 5.4% from 4.8% in 2022.

• Net debt reduced to £18.2m from £19.4m.

Operational developments

• Three new venues opened, bringing the total to 47 venues and 163 screens.

• Average ticket price increased 2.8% to £11.98; food and beverage spend per head up 3.4% to £10.64.

• Membership grew 65% to over 56,000.

Market and trading conditions

• Q4 box office performance was below expectations due to underperforming titles and release congestion.

• Guest spend per head softened in late 2024, partly due to a higher proportion of family content.

• Board is reviewing outlook for 2025 and 2026 amid increased uncertainty.