National Cinemedia Inc (NCMI) FinancialsNCMINational Cinemedia Inc

National Cinemedia Inc (NCMI) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is National advertising revenue, accounting for 76.7% of total sales, equivalent to $44.80M. Other significant revenue streams include Local and regional advertising revenue and Founding member advertising revenue from beverage concessionaire agreements. Understanding this composition is critical for investors evaluating how NCMI navigates market cycles within the Advertising & Marketing industry.

Evaluating the bottom line, National Cinemedia Inc maintains a gross margin of 13.01%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -16.44%, while the net margin is -16.95%. These profitability ratios, combined with a Return on Equity (ROE) of -2.28%, provide a clear picture of how effectively NCMI converts its operational activities into shareholder value.

In the context of the broader market, NCMI competes directly with industry leaders such as VERI and STFS. With a market capitalization of $152.39M, it holds a leading position in the sector. When comparing efficiency, NCMI's gross margin of 13.01% stands against VERI's 39.93% and STFS's 7.10%. Such benchmarking helps identify whether National Cinemedia Inc is trading at a premium or discount relative to its financial performance.

The company has faced significant revenue fluctuations, with Q1 2026 revenue at $34 million, down from $93 million in Q4 2025. The gross margin has also been inconsistent, with a recent low of -12.06% in Q1 2026, suggesting operational challenges.