MARKETS / NASDAQ / NCMI

NASDAQ · SERVICES-ADVERTISING · MID CAP

National CineMedia, Inc. NCMI

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$243.2M

▲ 1.0% YoY

Net income

$-10.6M

Free cash flow

$2.8M

▼ 94.9% YoY

In brief

What this company does

NCM's cinema advertising platform consists of more than 17,000 screens in over 1,300 theaters in 184 Designated Market Areas, including all of the top 50. It had 248 full-time employees as of January 1, 2026. NCM, Inc. is a holding company that manages its consolidated subsidiary, NCM LLC, and has no business operations or material assets other than its cash and cash equivalents and its ownership interest in NCM LLC. NCM, Inc., a Delaware corporation, was organized on October 5, 2006 and began operations on February 13, 2007 upon completion of its IPO.

Written from the business description in National CineMedia, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 243.2M

Revenue, FY2025 · full 17-year series below

Revenue $M Net income $M

FY2025 · Revenue 243.2 · Net income -10.6

Compound annual growth

Revenue

−0.8%

+21.9%

−5.9%

−3.7%

Returned to shareholders

+52.1%

+0.9%

−4.4%

−0.3%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +21.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−4 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating -5.7% · Net -4.4%

ROE

FY2025 · ROE -2.7%

Gross margin94.7%

Operating margin-5.7%

Net margin-4.4%

Return on assets-2.0%

EBITDA—

Each USD of equity lost 3 cents this year.

Cash & shareholders

USD 33.4M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 2.8

Net buybacks $M Dividends $M

FY2025 · Dividends 11.4 · Net buybacks 22.0

Dividends paidUSD 11.4M

Net buybacksUSD 22.0M

Share of profit-315.1%

Consecutive raises—

USD 11.4M in dividends and USD 22.0M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 490.6M

EquityUSD 375.4M

CashUSD 34.6M

Gross debtUSD 12.0M

Net debtUSD -22.6M

Current ratio2.22×

The company holds more cash than debt.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	0.2	0.2	0.2	0.2	0.1	0.1	0.4	0.4	0.4	0.4	0.4	0.4	0.5	0.4	0.4	0.4	0.4
Operating income $B	−0.0	−0.0	−0.0	0.0	−0.1	−0.1	0.2	0.2	0.2	0.2	0.1	0.2	0.2	0.2	0.2	0.2	0.2
EBITDA $B	·	·	·	·	·	·	·	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	·
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.2	0.0	0.0	0.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	−0.0	−0.0	0.7	−0.0	−0.0	−0.1	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.0	0.1	−0.0	−0.1	−0.1	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
EPS, diluted $	−0.11	−0.23	14.34	−3.50	−0.61	−0.84	0.46	0.37	0.48	0.54	0.19	0.23	0.73	0.24	0.58	0.62	0.62
Dividend / sh $	0.12	·	·	0.11	0.20	0.40	0.68	0.68	0.88	0.88	0.88	1.38	0.88	0.88	0.84	0.72	0.64
Payout %	−108	−1	0	−33	−35	−49	148	183	101	166	463	604	119	363	144	119	105
ROE %	−2.7	−5.3	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Shares out B	0.09	0.10	0.10	·	0.00	0.08	0.08	0.08	0.08	0.06	0.06	0.06	0.06	0.05	0.05	0.05	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 26 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityServices-Advertising

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2009