AMC Entertainment Holdings, Inc. reported a transformational second quarter in 2021, marked by raising $1.25 billion in new equity capital and a resurgence in movie-going demand. The company welcomed over 22 million guests back to its theaters globally and saw financial results considerably ahead of expectations, driven by new blockbuster films and increased spending on food and beverage offerings.
Raised $1.25 billion of new equity capital, boosting quarter-ending liquidity to over $2 billion.
Welcomed more than 22 million guests back to theatres across the globe.
New blockbuster films drove successive new pandemic-era box office records.
Increased vaccination counts drove rising movie going demand.
AMC's journey through this pandemic is not finished, and the company is not yet out of the woods.
Visualization of income flow from segment revenue to net income