Cineplex ( (TSE:CGX) ) has shared an update.
Cineplex reported February 2025 box office revenues of $34.9 million, a 124% increase compared to February 2024. The company’s international content strategy contributed significantly, with international films accounting for 24% of the month’s box office. Notably, ‘Ne Zha 2’ became the highest-grossing animated film globally, highlighting Cineplex’s strong market presence and strategic execution. This performance underscores Cineplex’s robust positioning in the entertainment industry and its ability to attract audiences despite challenging conditions, such as the heavy snowstorm during the release of ‘Captain America: Brave New World’.
More about Cineplex
Cineplex (TSX:CGX) is a leading Canadian brand in the Film Entertainment and Content, Amusement and Leisure, and Media sectors. It operates 172 movie theatres and location-based entertainment venues across Canada, offering a diverse range of experiences including ‘Eats & Entertainment’ at The Rec Room, family-oriented complexes at Playdium, and combined entertainment concepts at Cineplex Junxion. Cineplex also manages cinema media, digital place-based media, alternative programming, and motion picture distribution, and is a partner in Scene+, Canada’s largest entertainment and lifestyle loyalty program.
YTD Price Performance: -18.54%
Average Trading Volume: 37,497
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $435.7M
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