Cinemark Holdings (CNK) FY2021 results: revenue $1.5 billion, up 120.1% on the year
Cinemark Holdings, Inc. (CNK) reported revenue of $1.5 billion for fiscal 2021, the year ended 31 December 2021, up 120.1% on the year before. Net income was -$423 million, and diluted earnings per share $-3.55. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$1.5 billion
+120.1% on the year
FY2014FY2021
Operating margin
-16.7%
-110.0% a year earlier
FY2014FY2021
Net income
-$423 million
FY2014FY2021
Diluted EPS
-$3.55
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
166
-330
562
Capital expenditure
95.5
83.9
304
+13.8%
Free cash flow
70.7
-414
258
Free cash flow margin
4.7%
-60.3%
7.9%
Cash from investing
-89.3
-83.4
-311
Cash from financing
-19.9
584
-187
Depreciation and amortisation
265
260
261
+2.2%
Share-based compensation
29.3
19.4
14.6
+50.9%
Dividends paid
0.0
42.3
159
Dividend per share
n/a
$0.36
$1.36
Diluted shares, weighted
117m
117m
117m
+0.5%
Shares outstanding at period end
120m
119m
117m
+1.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
323
788
1,436
-59.0%
Non-controlling interest
11.6
11.0
12.5
+5.5%
Debt
2,501
2,528
1,801
-1.1%
Operating lease liabilities
1,078
1,138
1,223
-5.3%
Finance lease liabilities
103
125
141
-17.7%
Other liabilities
1,215
973
1,214
+24.8%
Total liabilities and equity
5,231
5,563
5,828
-6.0%
Fixed assets
1,383
1,615
1,735
-14.4%
Goodwill
1,249
1,254
1,283
-0.4%
Intangible assets
311
314
322
-1.1%
Cash and equivalents
707
655
488
+7.9%
Receivables
68.8
25.3
83.7
+172.5%
Inventory
15.5
12.6
21.7
+22.7%
Other assets
1,497
1,687
1,894
-11.3%
Total assets
5,231
5,563
5,828
-6.0%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.