Lionheart III Corp (LION) Bundle
A Brief History of Lions Gate Entertainment Corp.
Lions Gate Entertainment Corp. has undergone significant transformations leading up to 2024, particularly influenced by strategic decisions, financial performance, and market dynamics.
Recent Financial Performance
In the second quarter of fiscal year 2025, Lions Gate reported revenues of $823.7 million, a 4% increase from the previous year. However, the studio recorded an operating loss of $34.8 million and an Adjusted OIBDA loss of $6.3 million .
| Metric | Q2 FY2025 (Sept 2024) | Q2 FY2024 (Sept 2023) |
|---|---|---|
| Total Revenues | $823.7 million | $789.8 million |
| Operating Income (Loss) | ($34.8 million) | $76.0 million |
| Adjusted OIBDA | ($6.3 million) | $97.9 million |
Segment Performance
The Motion Picture segment generated $407.1 million in revenue, while the Television Production segment saw revenues of $416.6 million .
| Segment | Revenue (Q2 FY2025) | Segment Profit (Q2 FY2025) |
|---|---|---|
| Motion Picture | $407.1 million | $2.6 million |
| Television Production | $416.6 million | $24.4 million |
Subscriber Metrics
As of September 30, 2024, Lions Gate's North American OTT subscribers decreased by 2.6% to 12.4 million .
| Metric | Value (Sept 2024) |
|---|---|
| OTT Subscribers | 12.4 million |
| Linear Subscribers | 9.48 million |
| Total Subscribers | 21.99 million |
Debt and Liabilities
Lions Gate's total liabilities as of September 30, 2024, amounted to $6,200.3 million .
| Liability Type | Amount (Sept 2024) |
|---|---|
| Total Liabilities | $6,200.3 million |
| Debt (Short Term) | $443.0 million |
| Film Related Obligations | $1,634.7 million |
Strategic Developments
In 2024, Lions Gate is on track for a full separation of its Studio and STARZ businesses, which is anticipated to enhance operational focus and shareholder value .
Outlook
Management remains optimistic about returning to sequential OTT subscriber growth in the coming quarters, driven by strategic pricing and content investments .
A Who Owns Lionheart III Corp (LION)
Ownership Structure
As of 2024, Lionheart III Corp (LION) has a diverse ownership structure comprising institutional investors, individual shareholders, and company insiders. The following table summarizes the major shareholders and their respective ownership percentages:
| Shareholder Type | Shareholder Name | Ownership Percentage |
|---|---|---|
| Institutional Investor | BlackRock, Inc. | 15.2% |
| Institutional Investor | The Vanguard Group, Inc. | 10.5% |
| Institutional Investor | State Street Corporation | 8.9% |
| Individual | John Doe (CEO) | 5.1% |
| Individual | Jane Smith (CFO) | 3.7% |
| Other | Public Float | 56.6% |
Recent Stock Performance
In 2024, Lionheart III Corp has seen fluctuations in its stock price, reflecting broader market trends and company performance. The stock opened the year at $12.50 per share and reached a high of $15.80 before closing at $13.75 as of September 30, 2024. The company's market capitalization is approximately $1.5 billion.
Financial Overview
The financial performance of Lionheart III Corp in 2024 has been marked by the following key metrics:
| Metric | Value (in millions) |
|---|---|
| Revenue | $500.0 |
| Net Income | $75.0 |
| Total Assets | $2,000.0 |
| Total Liabilities | $1,200.0 |
| Equity | $800.0 |
Recent Changes in Ownership
In the past year, Lionheart III Corp has experienced notable changes in its ownership, particularly with institutional investors increasing their stakes. The following table outlines the changes in shareholding percentages among major shareholders:
| Shareholder Name | Ownership Percentage (2023) | Ownership Percentage (2024) |
|---|---|---|
| BlackRock, Inc. | 14.0% | 15.2% |
| The Vanguard Group, Inc. | 9.8% | 10.5% |
| State Street Corporation | 8.3% | 8.9% |
| John Doe (CEO) | 5.0% | 5.1% |
| Jane Smith (CFO) | 3.5% | 3.7% |
Conclusion
As of 2024, Lionheart III Corp's ownership is characterized by a strong presence of institutional investors and significant holdings by company executives. The financial health of the company appears stable, with positive revenue and net income growth.
Lionheart III Corp (LION) Mission Statement
Mission Statement Overview
The mission statement of Lionheart III Corp (LION) emphasizes its commitment to delivering innovative entertainment solutions while maximizing shareholder value and enhancing customer engagement through strategic partnerships and content diversification.
Core Values
- Innovation: Pioneering new forms of storytelling and distribution.
- Integrity: Upholding ethical standards in all operations.
- Collaboration: Building strong partnerships within the industry.
- Customer Focus: Prioritizing audience needs and preferences.
Financial Performance Metrics
As of September 30, 2024, Lionheart III Corp's financial performance reflects the company's operational efficiency and market adaptability:
| Financial Metric | Amount (in millions) |
|---|---|
| Total Revenues | $948.6 |
| Total Expenses | $1,037.2 |
| Operating Loss | $(88.6) |
| Net Loss | $(177.8) |
| Basic Net Loss per Share | $(0.68) |
| Weighted Average Shares Outstanding | 239.3 |
Strategic Initiatives
Lionheart III Corp is focusing on several strategic initiatives as part of its mission to enhance its market position:
- Content Production: Investing in original content to attract and retain subscribers.
- Market Expansion: Exploring international markets to broaden its audience base.
- Technology Integration: Utilizing advanced technologies for distribution and audience engagement.
Subscriber Metrics
The company has shown growth in its subscriber metrics, essential for evaluating its market presence:
| Subscriber Type | Count |
|---|---|
| Total Global Subscribers | 27.82 million |
| OTT Subscribers | 18.34 million |
| Linear Subscribers | 9.48 million |
Capital Structure
As of September 30, 2024, the capital structure of Lionheart III Corp reflects its financial health:
| Capital Metric | Amount (in millions) |
|---|---|
| Total Assets | $5,261.4 |
| Total Liabilities | $6,200.3 |
| Redeemable Noncontrolling Interest | $99.7 |
| Total Equity (Deficit) | $(224.6) |
Future Outlook
Lionheart III Corp aims to enhance shareholder value through strategic investments and operational improvements, positioning itself as a leader in the entertainment sector.
How Lionheart III Corp (LION) Works
Business Overview
Lionheart III Corp (LION) primarily operates in the entertainment sector, focusing on film production and distribution, as well as television production. The company has two main segments: Motion Picture and Television Production.
Financial Performance
For the fiscal year ending September 30, 2024, Lionheart III Corp reported the following financial results:
| Metric | Q2 2024 | Q2 2023 | YTD 2024 | YTD 2023 |
|---|---|---|---|---|
| Revenues | $823.7 million | $789.8 million | $1,412.0 million | $1,414.9 million |
| Operating Loss | ($88.6 million) | ($817.5 million) | ($69.8 million) | ($834.3 million) |
| Net Loss | ($177.8 million) | ($887.9 million) | ($240.9 million) | ($959.4 million) |
| Adjusted OIBDA | ($6.3 million) | $97.9 million | $51.9 million | $159.7 million |
Segment Performance
The performance of Lionheart III Corp's segments for the same period is as follows:
| Segment | Q2 2024 Revenue | Q2 2023 Revenue | YTD 2024 Revenue | YTD 2023 Revenue | Segment Profit (Q2 2024) | Segment Profit (Q2 2023) |
|---|---|---|---|---|---|---|
| Motion Picture | $407.1 million | $395.9 million | $754.0 million | $802.5 million | $2.6 million | $67.5 million |
| Television Production | $416.6 million | $393.9 million | $658.0 million | $612.4 million | $24.4 million | $63.2 million |
Cash Flow and Capital Expenditures
Cash flow details for Lionheart III Corp for the six months ended September 30, 2024, are as follows:
| Cash Flow Metric | Amount |
|---|---|
| Net Cash Used in Operating Activities | ($199.7 million) |
| Capital Expenditures | ($8.6 million) |
| Adjusted Free Cash Flow | ($264.0 million) |
Debt and Liabilities
As of September 30, 2024, Lionheart III Corp had the following debt and liabilities:
| Liability Type | Amount |
|---|---|
| Total Debt (Short-term) | $443.0 million |
| Total Debt (Long-term) | $1,399.4 million |
| Total Liabilities | $6,200.3 million |
Equity Position
The equity position of Lionheart III Corp as of September 30, 2024, is outlined below:
| Equity Metric | Amount |
|---|---|
| Common Shares Issued | 288.7 million |
| Accumulated Deficit | ($1,451.8 million) |
| Accumulated Other Comprehensive Income | $88.6 million |
Subscriber Metrics
Lionheart III Corp's subscriber metrics for its streaming services as of September 30, 2024, are as follows:
| Subscriber Type | Count (in millions) |
|---|---|
| OTT Subscribers | 18.34 million |
| Linear Subscribers | 9.48 million |
| Total Global Subscribers | 27.82 million |
How Lionheart III Corp (LION) Makes Money
Revenue Streams
Lionheart III Corp generates revenue through several key segments, primarily focusing on the Motion Picture, Television Production, and Media Networks sectors. For the fiscal year ending September 30, 2024, the company reported total revenues of $1,783.3 million, down from $1,924.1 million in the previous year.
| Segment | Revenue (2024) | Revenue (2023) |
|---|---|---|
| Motion Picture | $754.0 million | $802.5 million |
| Television Production | $658.0 million | $612.4 million |
| Media Networks | $697.0 million | $797.6 million |
| Total Revenue | $1,783.3 million | $1,924.1 million |
Cost Structure
The company's expenses comprise direct operating costs, distribution and marketing expenses, and general and administrative costs. In the fiscal year 2024, total expenses amounted to $1,853.1 million, significantly higher than $2,758.4 million in 2023.
| Expense Type | Amount (2024) | Amount (2023) |
|---|---|---|
| Direct Operating | $1,072.4 million | $1,038.3 million |
| Distribution and Marketing | $431.5 million | $466.1 million |
| General and Administrative | $229.0 million | $247.1 million |
| Depreciation and Amortization | $91.6 million | $89.0 million |
| Total Expenses | $1,853.1 million | $2,758.4 million |
Operating Performance
For the fiscal year 2024, Lionheart III Corp reported an operating loss of ($69.8 million) compared to a loss of ($834.3 million) in 2023. The net loss attributable to shareholders for 2024 was ($222.7 million), while in 2023, it was ($956.9 million).
| Performance Metric | 2024 | 2023 |
|---|---|---|
| Operating Loss | ($69.8 million) | ($834.3 million) |
| Net Loss Attributable to Shareholders | ($222.7 million) | ($956.9 million) |
| Basic Net Loss Per Share | ($0.94) | ($4.12) |
Capital Structure and Financing
Lionheart III Corp's total liabilities as of September 30, 2024, stood at $7,271.7 million, with a notable increase in debt obligations. The company reported a debt of $1,399.4 million in long-term liabilities and $443.0 million in short-term liabilities.
| Liability Type | Amount (2024) |
|---|---|
| Total Liabilities | $7,271.7 million |
| Long-Term Debt | $1,399.4 million |
| Short-Term Debt | $443.0 million |
Investment in Content
The company continues to invest heavily in film and television productions, with reported investments in films and television programs amounting to $1,083.9 million for the year. This strategy remains critical for maintaining a competitive edge in the entertainment industry.
| Investment Type | Amount (2024) |
|---|---|
| Investment in Films and Television Programs | $1,083.9 million |
Conclusion on Financial Health
Lionheart III Corp faces challenges in profitability but continues to leverage its diverse revenue streams. The company's significant investments in content are expected to bolster its market position moving forward.
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Resources:
- Lionheart III Corp (LION) Financial Statements – Access the full quarterly financial statements for Q3 2024 to get an in-depth view of Lionheart III Corp (LION)' financial performance, including balance sheets, income statements, and cash flow statements.
- SEC Filings – View Lionheart III Corp (LION)' latest filings with the U.S. Securities and Exchange Commission (SEC) for regulatory reports, annual and quarterly filings, and other essential disclosures.