NCMINational CineMedia, Inc.

$314M

Q1 2019 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$77M-4.1% YoY

Gross Profit

$70M90.5% margin

Operating Income

$11M14.2% margin

Net Income

-$1M-1.4% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-44.0%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$43M

Stock-Based Comp.

$800,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.2B

Stockholders' Equity

-$381M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$80M	-4.1%
Gross Profit	$70M	$73M	-4.9%
Operating Income	$11M	$11M	-0.9%
Net Income	-$1M	-$2M	+42.1%

Revenue Segments

National Advertising Revenue

$54M70%

Local Advertising Revenue

$13M17%

Founding Member Advertising Revenue From Beverage Concessionaire Agreements

$7M9%

Regional Advertising Revenue

$3M4%

NCMI Q1 2019 Earnings — National CineMedia, Inc. Revenue & Financial Results | Market Cap Arena