AMC - Cineplex Appears Overlooked As Many Canadians Focused On AMC

• Cineplex is Canada's market-leading movie theater chain with 75 percent market share.
• Despite COVID-19 restrictions in the most recent quarter, Cineplex reported box office revenues of 80 percent of October 2019 levels for October 2021.
• Canada is one of the most vaccinated countries in the world, and its recent announcement of eligibility for 5-11 year-old child vaccination in Canada may increase movie theater attendance.
• In the United Kingdom, where people were vaccinated sooner than Canada, rival Cineworld has reported October box office revenues 27 percent above October pre-pandemic 2019 levels.
• Cineplex has other businesses, including location-based-entertainment destinations that rival Dave & Buster's. Dave & Buster's saw EPS increase 18.9 percent compared to pre-pandemic levels for its most recent quarter.

For further details see: