Q1 2025 UFO Moviez India Ltd Earnings Call Transcript
Key Points
- Consolidated revenue for Q1 FY25 increased to INR945 million from INR853 million in Q1 FY24.
- EBITDA for the quarter grew to INR66 million compared to INR163 million in Q1 FY24.
- The advertisement screen network expanded by 17% year-over-year, reaching 3,769 screens as of June 30, 2024.
- Revenue from government advertisements grew by 55%, from INR38 million in Q1 FY24 to INR59 million in Q1 FY25.
- The company remains net cash positive with a consolidated funds position of INR1,066 million as of June 2024.
- Net loss of INR42 million in Q1 FY25, compared to a net profit of INR25 million in Q1 FY24.
- Advertisement revenue declined to INR219 million from INR235 million in Q1 FY24.
- Corporate advertisement revenue dropped significantly to INR116 million from INR182 million in Q1 FY24.
- Technical revenues for the quarter decreased to INR240 million from INR248 million in Q1 FY24.
- The underperformance of major films and fewer movie releases negatively impacted the quarter's results.
Ladies and gentlemen, good day, and welcome to the UFO Moviez India Limited Q1 FY25 earnings conference call hosted by Ventura Securities Limited. (Operator Instructions) Please note that this conference is being recorded.
I would now like to hand over the call to Tushar from Ventura Securities Limited. Thank you, and over to you, Tushar.
Thank you. Good day, ladies and gentlemen. On behalf of Ventura Securities Limited, I welcome you all to UFO Moviez India Limited Q1 FY25 earnings conference call. The company is represented by Mr. Rajesh Mishra, Executive Director and Group CEO; along with Mr. Ashish Malushte, Chief Financial Officer of the company.
I would now like to hand over the call to Mr. Mishra for opening remarks, post which we can start the question-and-answer session. Thank you, and over to you, sir.
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