**Summary of Everyman Media Group PLC Interim Results (H1 2025)**
**Financial Performance Highlights**
**Revenue Growth** £56.5 million (up 21% from H1 2024: £46.9 million), driven by strong admissions, higher ticket prices, and increased food & beverage (F&B) spend.
**Admissions** 2.2 million (up 15% from H1 2024: 1.9 million), supported by a consistent film slate and new venue openings.
**EBITDA** £8.2 million (up 33% from H1 2024: £6.2 million), reflecting operational efficiency and cost management.
**Average Ticket Price** £12.46 (up 6.0% from H1 2024: £11.76), due to premium locations and blockbuster releases.
**F&B Spend per Head** £11.09 (up 5.9% from H1 2024: £10.47), driven by menu innovation and member spending.
**Net Debt** £24.2 million (down 6.2% from H1 2024: £25.8 million), with further reductions expected in H2 2025.
**Strategic and Operational Achievements**
**Market Share Growth** Increased to 5.8% (up from 5.6% in H1 2024), showcasing the strength of the Everyman brand.
**Membership Expansion** Membership grew to 66,814 (up 46% from H1 2024: 45,684), with members exhibiting higher visit frequency and spend.
**Venue Expansion** Opened a three-screen venue in Brentford in February 2025 and a five-screen flagship at The Whiteley, Bayswater, post-period end. Now operates 49 cinemas and 171 screens.
**Operational Enhancements** Launched an in-house Guest Services Centre, improving customer service and reducing costs. Strengthened senior leadership with appointments of an Operations Director and Technology Director.
**Outlook and Confidence**
**Strong Film Slate** Upcoming releases include *Downton Abbey: The Grand Finale*, *Wicked: For Good*, and *Avatar: Fire and Ash*, expected to drive admissions in H2 2025.
**Trading Performance** Despite a challenging economic environment and record UK summer heat, the Group is trading in line with market expectations for the full year ending 1 January 2026.
**Leverage Reduction** Committed to reducing net debt, with no further venue openings in 2025 and a disciplined approach to expansion.
**CEO’s Statement (Alex Scrimgeour)**
Highlighted strong H1 performance, operational progress, and the resilience of Everyman’s unique hospitality-focused cinema model. Emphasized confidence in the second half, supported by a compelling customer offering, reduced leverage, and a robust film slate.
**Financial Summary**
**Gross Profit Margin** Slightly declined to 65.7% (from 66.5% in H1 2024) due to higher film hire costs for blockbusters.
**Administrative Expenses** Increased to £37.3 million (from £33.2 million in H1 2024) due to estate expansion and higher labour costs.
**Cash Flow** Net cash outflow of £5.0 million (compared to £4.5 million in H1 2024), primarily due to capital expenditure on new venues.
**Conclusion**
Everyman Media Group PLC demonstrated robust H1 2025 performance, with significant growth across key metrics, strategic operational advancements, and a positive outlook for the remainder of the year. The Group remains focused on sustainable growth, debt reduction, and enhancing its premium cinema experience.