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home / news releases / CPXGF - Cineplex: A Climb Back To Profitability


CPXGF - Cineplex: A Climb Back To Profitability

  • Cineplex's Adjusted EBITDA for 2020 was a loss of $51.8 million from $417 million a year earlier.
  • Management tried to cut costs and raise new cash where possible by selling its head office and reaching a new Scene Card agreement with its partner, Scotiabank.
  • Cineplex generated a lot of interest in its bond sale. This is going to help fund its turnaround.

For further details see:

Cineplex: A Climb Back To Profitability
Stock Information

Company Name: Cineplex Inc
Stock Symbol: CPXGF
Market: OTC
Website: cineplex.com

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