Cinema operator Everyman Media (LON: EMAN) is reporting its 2023 figures on Tuesday 16 April. The company is still losing money, but things are looking up for the cinema sector with admissions improving.
Revenues are expected to grow from £78.8m to £90.9m, while the loss could rise from £1.3m to £2.9m. EBITDA should have improved. Next year the loss should fall.
After spending £17.4m on capital investment, net debt is set to edge up from £18.5m to £19.7m. Two Tivoli sites were acquired at the end of 2023. That indicates the cash generative ability of the business. There will be fu...