Lionsgate Studios Corp. LION
Lionsgate (NYSE: LION) is one of the world's leading standalone, pure play content companies. It brings together diversified motion picture and television production and distribution businesses, a world-class portfolio of valuable brands and franchises, a premiere talent management and production powerhouse at 3 Arts Entertainment and a more than 20,000-title film and television library, all driven by Lionsgate's bold and entrepreneurial culture.
Refer to Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - Overview in this Annual Report for information related to the Starz Separation.
We classify our operations through two reportable business segments: Motion Picture and Television Production. Financial information for our segments is set forth in Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - Segment Results of Operations and Non-GAAP Measures in this Annual Report.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.63B | $2.58B | $2.45B | $3.08B | — | — |
| SG&A | $398.0M | $357.8M | $384.8M | $387.0M | — | — |
| Total operating expenses | $2.53B | $2.60B | $2.46B | $2.94B | — | — |
| Operating income | $97.1M | -$18.1M | -$14.5M | $139.6M | — | — |
| Interest expense | $259.7M | $261.7M | $246.6M | $162.6M | — | — |
| Pre-tax income | -$159.3M | -$277.3M | -$239.5M | $5.4M | — | — |
| Income tax | $16.2M | $17.2M | $21.7M | $14.3M | — | — |
| Net income | -$198.3M | -$362.0M | -$1.10B | -$2.01B | -$188.2M | -$18.9M |
| EPS, basic | -0.70 | -1.43 | -4.58 | 0.00 | — | — |
| EPS, diluted | -0.70 | -1.43 | -4.58 | 0.00 | — | — |
| Shares, diluted (wtd. avg.) | $285.4M | $248.9M | $243.6M | $253.4M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $341.5M | $212.5M | $277.0M | $251.4M | $270.3M | — |
| Receivables | $784.8M | $585.6M | $688.6M | — | — | — |
| Total current assets | $1.49B | $1.24B | $1.37B | — | — | — |
| Goodwill | $846.8M | $808.5M | $811.2M | $795.6M | — | — |
| Other intangibles | $25.8M | $20.8M | $25.7M | — | — | — |
| Total assets | $5.33B | $6.82B | $5.10B | — | — | — |
| Accounts payable | $213.4M | $256.5M | $246.7M | — | — | — |
| Short-term debt | $162.1M | $134.0M | $860.3M | — | — | — |
| Total current liabilities | $3.05B | $3.47B | $3.64B | — | — | — |
| Long-term debt | $1.78B | $1.84B | $923.0M | — | — | — |
| Total liabilities | $6.38B | $7.08B | $6.13B | — | — | — |
| Retained earnings | -$3.73B | -$3.53B | -$1.25B | — | — | — |
| Total equity | -$1.19B | -$264.7M | -$310.5M | $786.0M | -$259.5M | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $24.8M | -$166.0M | $396.8M | $346.1M | — | — |
| Depreciation and amortisation | $17.6M | $17.8M | $15.6M | $17.9M | — | — |
| Stock-based compensation | $78.0M | $57.0M | $70.2M | $73.4M | — | — |
| Capital expenditure | $13.4M | $13.5M | $9.9M | $6.5M | — | — |
| Investing cash flow | -$8.7M | -$53.0M | -$376.8M | $31.3M | — | — |
| Financing cash flow | $110.8M | $144.2M | $39.6M | -$394.5M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-321010.
Others in SIC 7812
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| FUBO | FuboTV Inc. | $3.85B | — | 18.6% |
| ANGX | Angel Studios, Inc. | $843.8M | — | 233.2% |
| STRZ | STARZ ENTERTAINMENT CORP /CN/ | $460.5M | — | — |
| CURI | CuriosityStream Inc. | $160.8M | — | 40.1% |
| TOON | Kartoon Studios, Inc. | $41.1M | — | 20.7% |
| GAIA | GAIA, INC | $39.9M | — | 10.8% |
| MPU | Mega Matrix Inc | — | — | -27.9% |