Overview

• Cineplex posted a Q1 2025 net loss of CAN$36.6 million, a sharp contrast to the CAN$5.2 million profit recorded in Q1 2024.
• Revenue for the quarter dropped to CAN$264.3 million, down from CAN$294.8 million a year earlier, driven by weaker attendance and box office performance.
• March saw the steepest decline, with box office revenue plunging 50% year-over-year to CAN$29.5 million.
• April ticket sales rebounded significantly, with box office revenue rising 76%, fueled by the success of films like *Sinners* and *A Minecraft Movie*.
• Cineplex leadership remains optimistic, citing strong international contributions and limited impact from proposed U.S. tariffs on foreign films.