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Mar 31, 2020
Lionsgate Q4 2020 Earnings Report
Reported a strong quarter to end a solid fiscal year despite the disruption posed by the COVID-19 global pandemic.
Key Takeaways
Lionsgate reported Q4 revenue of $944 million, an operating loss of $12 million, and a net loss attributable to Lionsgate shareholders of $45 million, or $0.20 diluted net loss per share. Adjusted diluted EPS was $0.21, with adjusted OIBDA of $126 million. The company's global over-the-top paid subscribers increased to 10.6 million, driven by strong gains at Starz, which reached 6.8 million domestic OTT paid subscribers.
Fourth Quarter Revenue was $944 Million.
Operating Loss was $12 Million.
Net Loss Attributable to Lionsgate Shareholders was $45 Million or $0.20 Diluted Net Loss per Share
Adjusted Diluted EPS was $0.21 with Adjusted OIBDA of $126 Million
Lionsgate
Lionsgate
Lionsgate Revenue by Segment
Revenue by Segment
Motion Picture Revenue
CapyFin.comTelevision Production Revenue
CapyFin.comMedia Networks Revenue
CapyFin.com Forward Guidance
Lionsgate is closely monitoring the impact of the COVID-19 global pandemic and is working to mitigate its effects on the business.
Positive Outlook
- Television and streaming consumption around the globe has increased.
- Home entertainment demand has increased.
- STARZ has experienced an increase in viewership of its content across all platforms.
- STARZ has experienced increase in subscribers to its OTT services, both domestically and internationally.
- The company has been able to adapt to new circumstances by releasing theatrical films earlier on streaming platforms.
Challenges Ahead
- The impact of the ongoing COVID-19 global pandemic and measures to prevent its spread, and the resulting unprecedented economic uncertainty, are affecting our business in a number of ways.
- Experienced early termination of the theatrical run of one of our films domestically and one of our films in the UK.
- Experienced delayed theatrical distribution of several films domestically and internationally.
- Experienced delayed production of film and television content resulting in changes in future release dates for some titles and series.
- Partners have also closed several location-based entertainment attractions based on our film and television properties.
Revenue & Expenses
Visualization of income flow from segment revenue to net income