National CineMedia, Inc.
NCMI Nasdaq· Services-Advertising
Last close · Oct 27, 2026
$1.84
KIRA · Stoqly’s AI analyst, in plain words
- National CineMedia, Inc. had $243M of revenue in fiscal 2025, up 1.0% on the year before. Over five years, revenue changed +21.9% a year on average.
- Its operating margin was −5.7%, up 2.4 pts: of every 100 in sales, about −6 is left after running the business.
- National CineMedia, Inc. lost $10.6M in fiscal 2025.
- Free cash flow was $2.8M in fiscal 2025, 1.2% of revenue.
- National CineMedia, Inc. returned $33.4M to shareholders in fiscal 2025, 1,193% of free cash flow. The diluted share count fell 1.8%.
- National CineMedia, Inc. has $22.6M more cash than debt.
Market cap
$172M
P/E
—
Revenue
$243M
Net income
−$10.6M
Free cash flow
$2.8M
Operating margin
−5.7%
National CineMedia, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+1.0%
Only a little. Sales grew 1.0% last year.
Does it make a profit?
−4.4%
No. It lost money last year.
Does profit turn into cash?
1.2%
Partly. 1.2% of sales ends up as free cash.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What National CineMedia, Inc. does
No business description yet.
- Fiscal year ends
- January 1, 2026
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- National CineMedia, Inc.
- CIK
- 0001377630
National CineMedia, Inc. · NCMI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $115M | $249M | $165M | $241M | $243M |
| Revenue growth | 26.8% | 117.5% | −33.7% | 45.8% | 1.0% |
| Gross margin | — | — | 93.6% | 94.3% | 94.7% |
| Operating margin | −59.9% | 2.8% | −16.5% | −8.1% | −5.7% |
| Net income | −$48.7M | −$28.7M | $705M | −$22.3M | −$10.6M |
| Net margin | −42.5% | −11.5% | 426.9% | −9.3% | −4.4% |
| Diluted EPS | −$0.61 | −$3.50 | $14.34 | −$0.23 | −$0.11 |
| Cash | |||||
| Cash from operations | −$95.2M | −$47.3M | −$6.7M | $60.3M | $8.4M |
| Capital expenditure | $5.7M | $2.9M | $3.3M | $5.8M | $5.6M |
| Free cash flow | −$101M | −$50.2M | −$10.0M | $54.5M | $2.8M |
| FCF margin | −88.0% | −20.1% | −6.1% | 22.6% | 1.2% |
| Dividends paid | $16.9M | $9.5M | $0.5M | $0.3M | $11.4M |
| Share buybacks | — | — | $0.0M | $13.1M | $22.0M |
| Share count change | 2.5% | −89.7% | 492.6% | 97.4% | −1.8% |
| Debt and strength | |||||
| Cash and short-term investments | $102M | $62.4M | $34.6M | $75.2M | $34.6M |
| Debt incl. finance leases | $1.1B | $2.2B | $10.0M | $10.0M | $12.0M |
| Shareholders' equity | −$527M | −$515M | $435M | $411M | $375M |
| Net debt / EBITDA | — | 162.7x | — | — | — |
| Current ratio | 2.3x | 0.1x | 2.5x | 2.4x | 2.2x |
| Interest coverage | −1.1x | 0.1x | −1.0x | −11.5x | −23.2x |
| Returns and quality | |||||
| Return on capital | −11.5% | 0.3% | −6.7% | −4.5% | −3.1% |
| Return on equity | — | — | — | −5.3% | −2.7% |
| Return on tangible equity | — | — | 1,754.2% | −36.9% | −16.0% |
| Piotroski F-score | 2 | 3 | 4 | 5 | 6 |
| Altman Z'' | −1.6 | −10.5 | 5.9 | 5.3 | 5.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$2.2M
3 insiders
Of sales under plans
20%
$0.4M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
National CineMedia, Inc. · NCMI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $1.84 a share, the company is worth $172M.
Source: SEC EDGAR XBRL filings (CIK 0001377630). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.