Latest news with #NCMI
Yahoo
07-05-2025
- Business
- Yahoo
National CineMedia Inc (NCMI) Q1 2025 Earnings Call Highlights: Navigating Revenue Declines and ...
Q : Has the strength of pacing seen in Q4 weakened in Q1, and how is it affecting the upcoming quarter? A : The pipeline remains active, but there are headwinds in certain categories like government and auto due to tariff discussions. The pacing has softened slightly since Q4, reflecting uncertainty impacting advertisers' decisions. However, the scatter business is performing well, with bookings more than double compared to last year. (Thomas Lesinski, CEO; Ronnie Ng, CFO) Government policy shifts and tariff uncertainties have led to reduced government ad spend and delayed ad spending decisions across various categories. The first quarter of 2025 saw a 7% year-over-year decline in total revenue, primarily due to a weaker box office performance and advertiser uncertainty regarding tariffs. NCMI's programmatic and self-serve platforms are gaining traction, with programmatic revenue contributing 3% of total revenue for the first quarter. The introduction of new products like Bullseye and Blueprint, powered by artificial intelligence, strengthens NCMI's innovative solutions for advertisers. NCMI has secured a five-year extension of its contract with AMC Theaters, enhancing its advertising inventory and modernizing lobby video screens. The company has reinstated its dividend and is committed to generating long-term value for shareholders through a share repurchase program. National CineMedia Inc ( NASDAQ:NCMI ) is well-positioned as the leading platform in cinema advertising with a strong competitive edge and attractive industry tailwinds. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Story Continues Q: Are you planning to be more flexible with upfront commitments given the current environment? A: While advertisers are expected to be more flexible in future upfront negotiations, we plan to adhere to current cancellation policies for the next two quarters. The upcoming upfront period may see more advertisers buying closer to air dates, and we are prepared to compete in the scatter market with our programmatic and self-serve capabilities. (Thomas Lesinski, CEO) Q: How is the ability to deliver ads quickly helping with monetization during strong box office periods? A: Quick ad delivery is beneficial when movies outperform, allowing us to capitalize on increased demand. With programmatic capabilities, we can deliver ads within 24 hours, improving utilization and monetization during high-performing film releases. (Thomas Lesinski, CEO) Q: What is the incremental revenue opportunity from the new AMC agreement, particularly with the Platinum Spot? A: The new AMC agreement allows us to sell Platinum across the entire network, enhancing growth potential. While specific dollar amounts aren't disclosed, Platinum's growth was significant in 2024, and we expect greater impact in the second half of 2025. (Thomas Lesinski, CEO; Ronnie Ng, CFO) Q: How is NCMX helping compete with other digital video platforms, and what feedback are you receiving from advertisers? A: NCMX's data and targeting tools allow us to compete effectively with digital media companies. Advertisers appreciate the ability to deliver outcome-based results. Our new product, Blueprint, enhances targeting capabilities by using construction data to reach high-intent consumers. (Thomas Lesinski, CEO) Q: How does the strong upcoming film slate affect media buyers' interest in placing ads with NCM? A: The strong film slate, including titles like Mission Impossible and Jurassic World, generates excitement and positive buzz, attracting advertisers. The consistency and quality of upcoming releases are expected to drive increased interest and ad placements. (Thomas Lesinski, CEO) Q: What are the current trends in advertising categories, and how are they impacting NCM? A: There is a pause in brand awareness advertising due to economic uncertainty, while performance-based categories like CPG, pharma, and travel continue to invest in marketing. NCM's platform is well-suited for delivering measurable outcomes, attracting advertisers in these sectors. (Thomas Lesinski, CEO) Q: Can you provide more details on the new product, Blueprint, and its impact on NCM's offerings? A: Blueprint uses real-time renovation permit data to target homeowners engaged in remodeling projects, offering brands a unique opportunity to reach high-intent consumers. This addition strengthens NCM's competitive edge in delivering targeted advertising solutions. (Thomas Lesinski, CEO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Associated Press
08-04-2025
- Business
- Associated Press
NCMI Applauds JOGMEC investment into Rare Earth Separation and Provides Update on Accelerated Value Engineering at Lofdal Dysprosium-Terbium Project
HALIFAX, NS / ACCESS Newswire / April 8, 2025 / Namibia Critical Metals Inc. ('Namibia Critical Metals' or the 'Company' or 'NCMI') (TSXV:NMI)(OTCQB:NMREF) is pleased to comment on the recent announcement by its JV partner, JOGMEC and Iwatani Corporation to invest in rare earth separation project Caremag. JOGMEC and Iwatani Corporation are investing up to 110 million euros into the heavy rare earth separation plant Caremag SAS owned by Carester of France. See JOGMEC Press Release dated March 17, 2025 below: 'JOGMEC continues to be at the forefront of investment in the rare earth sector with its strategic investments in Lynas, NCMI and now Caremag and underscores the need to establish diversified rare earth supply chains,' said Darrin Campbell, President of NCMI. The company also provides updates on progress of its intense value engineering for the Prefeasibility Study for the expanded Lofdal 2B-4 Project. All work streams have commenced earlier in the year and show encouraging results to achieve the planned OPEX savings. The key work streams are: Increase of feed grade to flotation: Based on positive XRT and XRF sorting tests, the Company decided to alter the original flowsheet by the introduction of sorting for the lower grade material. The resulting flowsheet is expected to increase the feed grade to flotation by 50%. As higher efficiency of flotation was demonstrated in previous test work on higher grade feed, the resulting flotation concentrate is expected to increase significantly, further reducing OPEX and CAPEX in the final hydrometallurgical circuit. Update of mine schedule and plan: Increase of run-of-mine from 2.1 Mt/a to 3.0 Mt/a with a high-grade and low-grade stream. While the high-grade material of about 1 Mt/a will directly undergo flotation, the low-grade material will be upgraded by XRT sorting and possibly XRF sorting. Additional geotechnical drilling: commenced on 3 April 2025. It is expected that the higher density of geotechnical data will allow steeper slope angles at the planned pits, and thus, decrease the stripping ratio. Water supply: SLR Namibia commenced with the work to identify a groundwater resource for sustainable extraction of Lofdal's water demand in February 2025. Power supply: The Company aims now at a power supply solution by an Independent Power Producer (IPP) based on photovoltaic with battery and limited diesel generator backup. Offers received demonstrate highly competitive resulting electricity prices. Darrin Campbell, President of Namibia Critical Metals, stated: 'Exciting progress at our fully licensed Lofdal heavy rare earth project as we move towards completion of our PFS this year. The recent events in Myanmar which have caused supply disruptions of rare earths combined with the announcement by China to restrict exports of rare earth metals and permanent magnets amplifies the need to diversify supply chains, particularly for heavy rare earths dysprosium and terbium. NCMI is uniquely positioned with its strategic partner, JOGMEC, to develop this advanced globally significant source of heavy rare earths.' On site activities at Lofdal in support of the current value engineering The Area 4 pit was extended and over 2,100 t of bulk samples extracted from a depth between 12 and 17 m. The bulk samples were taken according to the four ore blocks from the footwall to the hanging wall, representing ore variability with different country rocks forming the matrix of the mineralization and enveloping the ore zone. The bulk samples are currently crushed and screened for extended XRT and XRF sorting tests at Gecko Namibia and RADOS South Africa. About the Lofdal Heavy Rare Earth Project The Lofdal REE project is one of the few rare earth deposits in the world that contains mostly heavy rare earth elements (~75% HREO distribution) with Dysprosium and Terbium being the economically most important elements. The heavy rare earth element ('HREE') mineralization comprises zones of hydrothermal alteration, predominantly albitization and carbonatization, associated with carbonatite dykes. The mineralization with the heavy rare earth phosphate mineral xenotime is structurally controlled and continues to depth with a general dip of 50-55°SSE in most sub-deposits. The HREE mineralization covers a huge area of over 15 km by 10 km. Only a very small fraction of the known mineralized systems underwent resource drilling so far, namely Area 2B and Area 4, see map below. These two sub-deposits form the basis for the current Prefeasibility Study 'Lofdal 2B-4". Therefore, the project can most likely be significantly expanded by future exploration. The Lofdal project is fully licensed with a valid Mining License until May 10, 2046. The Mining License ML200 covers the entire prospective area of mineralized zones of the district-scale Lofdal HREE system. About Namibia Critical Metals Inc. NCMI is developing the Tier-1 Heavy Rare Earth Project, Lofdal, a globally significant deposit of the heavy rare earth metals dysprosium and terbium. Demand for these critical metals used in permanent magnets for electric vehicles, wind turbines and other electronics is driven by innovations linked to energy and technology transformations. The geopolitical risks associated with sourcing many of these metals has become a repeated concern for manufacturers and end users. Namibia is a proven and stable mining jurisdiction. The Lofdal Project is fully permitted with a 25-year Mining License and is under a Joint Venture agreement with Japan Organization for Metals and Energy Security (JOGMEC). About Japan Organization for Metals and Energy Security (JOGMEC) and the JV JOGMEC is a Japanese government independent administrative agency which seeks to secure stable resource supplies for Japan. JOGMEC has a strong reputation as a long term, strategic partner in mineral projects globally. JOGMEC facilitates opportunities with Japanese private companies to secure supplies of natural resources for the benefit of the country's economic development. Rare earth elements are of critical importance to Japanese industrial interests and JOGMEC has extensive experience with all aspects of the sector. JOGMEC provided Lynas with USD$250,000,000 in loans and equity in 2011 to ensure supplies of the Light Rare Earths metals suite to the Japanese industry and invested a further $134 million in 2023. In March 2025 JOGMEC announced a partnership with Iwatani Corporation to invest 110 million euros in Carester heavy rare earth separation plant, Caremag, located in Lyon, France. Namibia Critical Metals owns a 95% interest in the Lofdal project with the remaining 5% held for the benefit of historically disadvantaged Namibians. The terms of the JOGMEC joint venture agreement with the Company stipulate that JOGMEC provides C$3,000,000 in Term 1 and C$7,000,000 in Term 2 to earn a 40% interest in the Lofdal project. Term 3 calls for a further C$10,000,000 of expenditures to earn an additional 10% interest. JOGMEC can also purchase another 1% for C$5,000,000 and has first right of refusal to fully fund the project through to commercial production and to purchase all production at market prices. The collective interests of NCMI and historically disadvantaged Namibians cannot be diluted below a 26% carried working interest upon payment of C$5,000,000 to JOGMEC for the dilution protection. NMI may elect to participate up to a maximum of 44% by funding pro rata after the earn in period is completed. To date, JOGMEC has completed Term 2 and earned a 40% interest by reaching the C$10 million expenditure requirement. Total approved project funding to date is C$16,245,000 of the $20,000,000 Earn-In requirement to reach 50% interest. Rainer Ellmies, PhD, MScGeol, EurGeol, AusIMM and Vice President of Namibia Critical Metals Inc., is the Company's Qualified Person and has reviewed and approved this press release. The common shares of Namibia Critical Metals Inc. trade on the TSX Venture Exchange under the symbol 'NMI' and the OTCQB Market under the symbol 'NMREF'. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For more information please contact - Namibia Critical Metals Inc. Darrin Campbell, President Tel: +01 (902) 835-8760 This news release contains certain 'forward-looking information' within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate', 'may', 'will', 'would', 'potential', 'proposed' and other similar words, or statements that certain events or conditions 'may' or 'will' occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
Yahoo
17-03-2025
- Business
- Yahoo
North American Box Office Revenue Expected to Grow in 2025, Wedbush Upgrades NCMI Stock
North American box office revenue is projected to grow at least 7% in 2025, according to Wedbush. The firm anticipates a strong performance across multiple quarters, citing blockbuster releases and a sustained recovery in theater attendance. Warning! GuruFocus has detected 2 Warning Signs with NCMI. Major movie releases in late spring and summer could fuel the double-digit increase in second-quarter income. Though challenging comparisons to 2024 and 2023, holiday and autumn releases in the third and fourth quarters are expected to be robust. While the first quarter of 2026 is expected to show a 9% year-over-year increase, first-quarter 2025 box office revenue is tracking 2.8% higher than the same time in changed National CineMedia from "neutral," rating it "outperform," based on hope for rising theater attendance and changes in advertising practices. The company expects movie advertising to gain from the shift from linear television to more focused, programmatic advertising. While National CineMedia has added 50% more self-serve and programmatic ad purchasing alternatives, higher movie attendance is projected to produce higher sponsor bookings. Especially in regional campaigns, Wedbush hopes for better targeting and ad optimization. Maintaining a $7.50 price objective, the company represented a 26% increase over existing levels. Friday after the release, National CineMedia shares ended 4.2% higher. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
07-03-2025
- Business
- Yahoo
National CineMedia Inc (NCMI) Q4 2024 Earnings Call Highlights: Strong Box Office Growth Amid ...
Release Date: March 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. National CineMedia Inc (NASDAQ:NCMI) reported a 26% year-over-year increase in the total box office for Q4 2024, generating approximately $2.4 billion. The company welcomed 25 new advertisers in Q4 2024, indicating a growing interest in cinema advertising. NCMI's platinum advertising product saw significant growth, with revenue more than doubling year-over-year. The company's NCMX data intelligence platform is playing an increasing role in driving measurable impact and value for advertising partners. NCMI reported revenue of $86.3 million for Q4 2024, slightly exceeding their revenue guidance of $82 to $86 million. National advertising revenues decreased to $69.2 million in Q4 2024 compared to $71.9 million in Q4 2023, driven by a 22% decrease in utilization. Local and regional advertising revenue was $13.5 million in Q4 2024, down from $16.2 million in Q4 2023. Total revenue for Q4 2024 decreased by 5% year-over-year, primarily due to an unfavorable mix of harder-to-monetize G and PG-rated movies. The company expects softer performance in Q1 2025 compared to the prior year, driven by a weaker film slate and a slight decline in attendance. NCMI's full-year 2024 revenue of $240.8 million was lower than the $259.8 million reported in 2023, largely due to lower attendance during the year. Warning! GuruFocus has detected 4 Warning Signs with NCMI. Q: Can you provide more detail on the temporary nature of the advertising headwinds and what you expect in the second half of the year? A: Tom Lasinski, CEO, explained that while the first quarter is challenging due to external factors like tariffs and policy shifts, the second quarter is pacing well compared to last year. He expressed optimism for the second half, although specific details were not provided at this time. Q: How have KPI-based ad sales supported advertiser retention and efforts to increase the client base? A: Tom Lasinski noted that about half of their business is supported through NCMX, which includes KPI-based advertising. This has been a significant focus, and they are pleased with the attention and retention from clients. Q: What percentage of national advertisers have not returned to cinema advertising post-pandemic? A: Tom Lasinski mentioned that they would need to calculate the exact percentage but did not have the figure readily available during the call. Q: What are your expectations for attendance growth in 2025 and 2026, and is higher attendance the primary driver of revenue growth? A: Tom Lasinski stated that attendance is the primary driver, with the quality of attendance being secondary. He feels aligned with industry forecasts and is optimistic about the recovery in attendance post-COVID and strike. Q: How is advertiser sentiment compared to previous years, and when might this translate into higher media buys? A: Tom Lasinski indicated that advertiser sentiment is positive, with improvements in the macro environment and their business. He expects this to translate into higher media buys as the industry stabilizes. Q: Does higher advertiser sentiment position you better for growth in the upfront season? A: Tom Lasinski believes they will perform well in the upfronts, given the industry's strong performance compared to linear and broadcast television. He anticipates a better upfront season than last year. Q: What is the demand for advertising on premium screens, and how significant can this be in 2025? A: Tom Lasinski noted that there is strong demand for premium screens, particularly for their platinum inventory. This trend is expected to benefit them as advertisers show interest in these formats. Q: What are your expectations for the local and regional advertising business in 2025 and 2026? A: Tom Lasinski expressed optimism for a comeback in local advertising, having reinvested in their sales team and allocated more resources to this area, expecting growth in the coming years. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
27-02-2025
- Business
- Yahoo
National CineMedia, Inc. to Release Fourth Quarter and Full Year 2024 Results on March 6, 2025
CENTENNIAL, Colo., February 27, 2025--(BUSINESS WIRE)--National CineMedia, Inc. (NASDAQ: NCMI), the managing member of National CineMedia, LLC ("NCM LLC"), the operator of the largest cinema advertising platform in the U.S., plans to issue its fourth quarter and full year 2024 earnings results after the market closes on Thursday, March 6, 2025. A conference call and audio webcast to discuss the results will take place at 5:00 p.m. Eastern Time. The conference call can be accessed by dialing 1-844-481-2522 or for international participants 1-412-317-0550. Participants should register at least 15 minutes prior to the commencement of the call to register, download, and install necessary audio software. Additionally, a live audio webcast will be available to interested parties at under the Investor Relations section. The replay of the conference call will be available until midnight Eastern Time, March 20, 2025, by dialing 1-844-512-2921 or for international participants 1-412-317-6671, and conference ID 10197410. A replay of the audio webcast will also be available at under the Investor Relations section. About NCMNational CineMedia, Inc. (NCM, NASDAQ:NCMI) is the largest cinema advertising platform in the US. With unparalleled reach and scale, NCM connects brands to sought-after young, diverse audiences through the power of movies and pop culture. A premium video, full-funnel marketing solution for advertisers, NCM enhances marketers' ability to measure and drive results. NCM's Noovie® Show is presented exclusively in 41 leading national and regional theater circuits including the only three national chains, AMC Entertainment Inc. (NYSE:AMC), Cinemark Holdings, Inc. (NYSE:CNK) and Regal Entertainment Group (a subsidiary of Cineworld Group PLC). NCM's cinema advertising platform consists of more than 18,100 screens in over 1,400 theaters in 195 Designated Market Areas® (all of the top 50). NCM is the managing member and owner of approximately 100% of National CineMedia, LLC. For more information, visit and View source version on Contacts Investor Contact: Chan Parkinvestors@ Media Contact: Doug Sertonpress@ Sign in to access your portfolio
