Everyman Media Group — Interim Results

(AIM: EMAN) Everyman Media Group plc announced its unaudited interim results for the 26 weeks ended 02 July 2026, reporting revenue of £69.8m, up 23.5% from £56.5m in H1 2025. Admissions increased to 2.6m, a 20.5% rise from 2.2m, and market share grew to 6.4%, up 60 basis points from 5.8%. Adjusted EBITDA post-IFRS 16 rose 32.0% to £10.8m (H1 2025: £8.2m), while statutory EBITDA post-IFRS 16 was £12.6m (H1 2025: £7.5m), up 68.7%. Statutory profit before tax reached £1.9m, reversing a £3.4m loss in H1 2025, and includes a one-off £2.2m share-based payment credit. Net bank debt reduced to £17.4m from £24.2m, and gross debt was cut by £5.0m to £25.0m since year-end. Membership increased 13.4% to 75,788 (H1 2025: 66,814). Food and Beverage spend per head rose 3.0% to £11.41, and average ticket price increased 4.1% to £12.97. Five venues ranked in the top 20 nationally with growth of 40-50%. The company is investing in technology, CRM, and operational training, and is planning new venue openings at Lichfield, Elephant & Castle, and High Street Kensington in H2 2027, funded through free cash flow. Partnerships with brands such as Range Rover, Ella's Kitchen, Emirates, Diet Coke, and Rolex contributed to revenue growth. The Directors expect full-year performance to be marginally ahead of 2025, but retain caution due to the challenging economic environment and the significance of Q4 trading.

Corporate and Trading Update

(AIM: EMAN) Everyman Media Group plc reported admissions of 2.6m for the 26 weeks ending 2 July 2026, up 20.5% from 2.2m in H1 2025. Revenue reached £70.0m, an increase of 23.9% compared to £56.5m in H1 2025. Adjusted EBITDA post-IFRS16 was £10.8m, up 32.0% from £8.2m in H1 2025. The Paid-for Average Ticket Price was £12.97, up 4.1% from £12.46, and Food and Beverage Spend per Head was £11.41, up 3.0% from £11.09. Net debt decreased to £17.1m, down 29.0% from £24.2m, attributed to strong operational cashflows, timing of working capital payments, and limited venue expansion capital expenditure. The company projects financial year performance to be marginally ahead of 2025 and expects to publish its interim results for the 26 weeks ended 2 July 2026 on 24 September 2026. A further announcement regarding a Delisting is expected before the end of August 2026.

Corporate and trading update

(AIM: EMAN) Everyman Media Group plc announced a Corporate and Trading Update, including a potential cancellation of trading in the Company's ordinary shares on AIM (the "Delisting"). Adam Kaye, Charles Dorfman and Michael Rosehill, who are directors of the Company, account for 45.6 per cent. of the issued share capital through direct and indirect holdings and have communicated their support for the Delisting. The Board believes there are additional shareholders holding no less than 11.0 per cent. of the issued share capital who would be supportive of the Delisting. For the 21-week period ended 28 May 2026, admissions were 2.2m, up 23.1% (2025: 1.8m), revenue was £58.5m, up 26.5% (2025: £46.3m), and adjusted EBITDA post-IFRS16 was £9.4m, up 45.2% (2025: £6.5m). Market share increased to 6.7%, up 80bps (2025: 5.9%), and average net debt was £17.6m (2025: £23.3m), down 24.4%. The Directors currently expect financial year performance to be marginally ahead of 2025.