Everyman still reporting losses despite improved revenue, admissions

28th Apr 2026 13:38

(Sharecast News) - Everyman Media Group reported growth in revenue, admissions and market share for 2025 on Tuesday, although the premium cinema operator remained loss-making and net debt increased.

The AIM-traded group said revenue rose 12.4% on an adjusted 52-week basis to £116.6m in the year to 1 January, from £103.7m a year earlier.

On a statutory basis, revenue increased 8.8% from £107.2m, with the prior year reflecting a 53-week reporting period.

Admissions rose 6.1% on an adjusted basis to 4.4m, while market share increased by 40 basis points to 5.8% from 5.4%.

Everyman said the increase reflected the strength of its premium proposition and audience appeal.

Adjusted EBITDA after IFRS 16 rose 10.6% to £17.0m from £15.4m, while the adjusted loss before tax narrowed to £5.2m from £6.3m.

On a statutory basis, the loss before tax was broadly unchanged at £10.2m, compared with a £10.2m loss in the prior year.

Food and beverage spend per head increased 5.9% to £11.32 from £10.69, while paid-for average ticket price rose 4.3% to £12.51 from £11.99.

Net debt increased to £21.6m from £18.1m, reflecting investment in venue expansion, the purchase of the Barnet long leasehold and working capital requirements.

Everyman opened two new venues during the year, in Brentford and at its Whiteley flagship site in Bayswater.

Membership rose 18.5% to 66,910 members, which the company said reinforced the value of its loyal audience.

Looking ahead, Everyman said it would prioritise optimisation rather than expansion, with no new venues planned in 2026.

It said planning was under way for a limited number of new sites in 2027, to be funded through free cash flow.

The firm said its growth priorities included using data and consumer insight to refine film curation across core and growing segments, including family and Gen Z audiences, as well as expanding income from partnerships, events and corporate private hire.

It said it also planned to invest selectively in technology, improve operational efficiency and continue developing its food and beverage offer.

Chief executive Farah Golant said Everyman entered 2026 with "positive momentum and clearly defined priorities".

"The year ahead is about resetting to drive growth by building strong audience engagement, creating operational efficiencies, unlocking emerging new sources of income whilst reducing debt," she said.

Everyman said trading in the first quarter of 2026 had started well and that it was encouraged by a strong film slate, with highlights expected to include Hamnet, Wuthering Heights, Michael, The Devil Wears Prada 2, Toy Story 5, The Odyssey, Spider-Man: Brand New Day, Avengers: Doomsday and Dune: Part Three.

The company said its new chief executive and chief financial officer were focused on delivering shareholder value by maintaining the Everyman customer experience, executing its growth priorities and reducing leverage.

"Through expert film curation, beautifully designed signature spaces and a differentiated hospitality offering in strategically located venues, the Everyman brand is well placed to meet the demand for premium cinema experience," Golant said.

At 1204 BST, shares in Everyman Media Group were down 0.91% at 32.7p.

Reporting by Josh White for Sharecast.com.

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