Cineplex Inc operates in the Motion picture theaters, ex drive-in sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cineplex Inc with three other
movie companies in North America:
Fubotv Inc
of UNITED STATES
(2020
sales of $217.75 million
of which 100%
was Digital human technology),
Boat Rocker Media Inc
(226.80 million Canadian Dollars [US$184.24 million]
of which 59%
was Television), and
WildBrain Ltd
(425.63 million Canadian Dollars [US$345.76 million]
of which 85%
was Content).
Sales Analysis.
Sales levels dropped significantly in the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Cineplex Inc totalled
C$41.41 million.
This is a drop of 85.4%
from the C$282.80 million in sales at the company during the first quarter in 2020.
There appears to be at least some degree of seasonality in the sales at Cineplex Inc: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2020, when the
first quarter was the best quarter, accounting for
68% of sales (during that same year, the
fourth quarter accounted for 13% of sales).
Sales fell dramatically in 2020:
Cineplex Inc reported sales of C$418.26 million (US$339.78 million)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 74.9%
versus 2019, when the company's sales were C$1.67 billion.
Contributing to the drop in overall sales was the 77.9% decline
in Film Entertainment and Content, from C$1.21 billion to C$267.95 million.
There were also decreases in sales in
Media (down 66.9% to C$64.76 million)
and
Amusement and Leisure (down 76.7% to C$60.03 million)
.