CinemaONE Reports Increased Revenue Despite Wider Losses

CinemaONE Group, in its annual report for 2025, revealed an uptick in revenue and improved performance despite larger losses. The losses were attributed to lease charges and financing pressures stemming from accounting rules. The cinema industry, according to Chairman Brian Jahra, is still recovering from the effects of COVID-19 and Hollywood disruptions, triggering a slow growth phase and reevaluation of business models. Despite a 3% rise in admissions and gross revenue, accounting for an increase to $20.5 million from $20.0 million, and a profit gain to $12.7 million from $12.4 million, the net loss expanded to $9.2 million. This was due to a surge in lease depreciation and finance costs owing to new leases. Jahra noted that the revenue growth, although positive, was surpassed by structural costs. The group ended the year with negative working capital after failing to restructure its borrowings, which were then classified as current liabilities.

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