AMC Entertainment Holdings, Inc. IPO Info

AMC Entertainment Holdings, Inc.

Company Name: AMC Entertainment Holdings, Inc.
Stock Symbol: AMC
Exchange: NYSE
Status: Priced
IPO Date: 12/18/2013
IPO Price: 18.00 (14.17%)
Underwriters
Citigroup and BofA Merrill Lynch

Amount of Offering: N/A
Number of Shares Offered: 18.421 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
AMC Entertainment is one of the world's largest theatrical exhibition companies and an industry leader in innovation and operational excellence.
Financial Data
Financial summary from the company: "Across our entire circuit, approximately 200 million guests visited our theatres during calendar year 2012 and during the twelve months ended June 30, 2013. For the year ended December 31, 2012, our best ever, we had total revenues of $2.7 billion; Adjusted EBITDA of $438.3 million and net income of $51.5 million, and for the twelve months ended June 30, 2013, we generated total revenues of $2.7 billion, Adjusted EBITDA of $436.5 million and net income of $82.8 million. According to publically available information for our peers, during the calendar year ended December 31, 2012, our circuit led in revenues per head ($13.56), average ticket price ($9.04) and concessions per head ($3.92). For the same period, our attendance per screen (41,900) and admissions gross profit per screen ($179,000) were among the highest of our peers. In the last two years ended June 30, 2013, we have deployed a total of $144.4 million in growth-oriented capital, including $16.7 million contributed by landlords, into our circuit and infrastructure to help generate those results. We believe that it is the quality of our theatre locations and our customer-focused innovation that continue to drive improved productivity per location, return on investment and shareholder value."

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