Vista Group International Limited (NZX & ASX: VGL) has reported strong moviegoer attendance globally, commercialisation of Vista Cloud and a strengthened competitive position in its 2021 Full Year Result.
Revenue of $98.1m (up 12% on 2020) was within guidance range, while recurring revenue of $81.4m (up 24% on 2020) and EBITDA profit of $6.5m saw an improvement of $17.9m on 2020.
Positive operating cashflow of $11.3m was up 277% on 2020, with cash of $60.4m, up $2.3m from 30 June 2021, and net cash of $43.6m.
Maintaining 51% market share of the 20+ screens segment excluding China, good progress was made with Vista Cloud and Vista Digital, and new customers in Vista Cinema, Veezi and Mica saw Vista Cinema expand its Odeon footprint.
Full details can be found in the 2021 Annual Report, 2021 Full Year Result Investor Presentation, 2021 Full Year Result Media Announcement and 2021 Full Year NZX Results Announcement.
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