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Prudent Capitalist

11/20/23 11:00 AM

#133351 RE: Hazel2323 #133339

Hmmmmmmm....... What company are you describing? Certainly not AMC with its mountain of debt under which it is being crushed. Amazing financial statements? And, AMC is certainly not profitable and is predicted to report losses for several quarters going forward. AMC just reported a quarter with record revenue, but it still reported an official adjusted significant (loss) when special one time and non-recurring items were excluded. Most of the record revenue was sopped up in debt service payments on the huge monthly interest on its massive debt. Until AMC reduces its debt substantially, it will continue to struggle.

I really don’t understand why a well-run, extremely profitable, cutting-edge company with amazing financial statements that dominates a dynamic growth industry cannot show an increase in share price.