AMC Entertainment Holdings Inc (AMC)

[Prudent Capitalist]

Bingo! Exactly bio. Unless or until AMC dramatically reduces its massive debt load, too much of the revenue is going to pay the monthly debt service, specifically the interest payments on the outstanding debt. Last quarter AMC reported record revenue for a quarter, but still had to report the adjusted loss when special one-time and non-recurring items were excluded., which adjusted loss is the benchmark for analysts and investors. It sure would have been better if shareholders had approved the issuance of new common shares in mid-2021, which would have enabled AA and AMC to sell shares at inflated prices which were in the $45 - $50+ range (equal to $450 - $550+ post RS now). If that had happened no one would be upset with the financial situation and share price today.