Filing Flows › AMC Global Media (AMCX) › Q4 2024
AMC Global Media (AMCX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 14, 2025
AMC Global Media (AMCX) reported revenue of $599M for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and -0.1% from the quarter before. Operating margin was -42.4%, net loss $290M (48.3% of revenue).
AMC Global Media, Q4 2024: revenue $599M (-12% year over year), operating margin -42.4%, net loss $290M, operating cash flow $58.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $599M | -0.1% | -12% |
| Operating profit | −$254M | — | — |
| Net earnings | −$290M | — | — |
| Operating cash flow | $58.1M | -7% | -20% |
| Free cash flow | $37.6M | — | -43% |
What changed
Revenue was $599.3M in Q4 2024, down 12% year over year and roughly flat from the previous quarter. Subscription was the largest line at 60% of revenue.
Operating costs exceeded revenue by $254.2M, an operating margin of -42.4%. Total costs grew 24% against a revenue fall of 12%. The fastest-growing cost line was Other operating costs (+270%). The quarter ended with a net loss of $289.5M, after a profit of $46.4M the previous quarter. Minority interests bore $5.0M of it: to shareholders the quarter was a loss of $284.5M.
Operating cash flow was $58.1M (down 20% year over year). Non-cash charges added back $22.6M of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items added $319.3M. After capital expenditures ($20.5M), free cash flow as the company reports it was $37.6M.
Questions
What was AMC Global Media's revenue in the fourth quarter 2024?
AMC Global Media (AMCX) reported revenue of $599M for the fourth quarter 2024 (Q4 2024), -12% from a year earlier and -0.1% from the quarter before.
Was AMC Global Media profitable in the fourth quarter 2024?
Operating loss was $254M (-42.4% of revenue) and net loss $290M.
Source: AMC Global Media 10-K on SEC EDGAR.