Stock Markets January 27, 2026

Everyman Media Group posts revenue and EBITDA gains as net debt edges higher

Admissions, ticket prices and food-and-beverage spending rise while expansion is paused to prioritise debt reduction

By Sofia Navarro
Everyman Media Group posts revenue and EBITDA gains as net debt edges higher

Everyman Media Group reported an 8.7% increase in revenue to £116.5 million for the 52 weeks ended January 1, 2026, with admissions, average ticket price and food-and-beverage spend per head all higher year-on-year. Group EBITDA rose 4.9% to £17.0 million. The operator added two venues during the period, bringing its estate to 49 locations and 171 screens, but net debt increased to £22.0 million and the company has signalled no new venue openings in 2026 as it focuses on reducing leverage.

Key Points

  • Revenue increased 8.7% to £116.5 million for the 52 weeks ended January 1, 2026, supported by higher admissions and per-customer spend - impacts consumer discretionary and entertainment sectors.
  • Group EBITDA rose 4.9% to £17.0 million while average ticket price increased to £12.51 and food-and-beverage spend per head climbed to £11.32 - relevant to leisure and concession revenue trends.
  • The estate expanded by two venues during the fiscal year to 49 locations and 171 screens, but management will pause openings in 2026 to prioritise reducing net debt, which increased to £22.0 million from £18.1 million - affecting retail property and balance-sheet-sensitive investors.

Everyman Media Group PLC reported a solid set of top-line and operating results for the 52-week period ended January 1, 2026, despite operating in what it described as a challenging economic environment. Revenue for the 52-week period rose 8.7% to £116.5 million, driven by growth in admissions and higher per-customer spending.

Admissions climbed 2.3% to 4.4 million from 4.3 million in the prior year. The group recorded a rise in average ticket price to £12.51, an increase of 4.4% year-on-year, while food-and-beverage spend per head increased 6.4% to £11.32. Those increases contributed to group EBITDA expanding 4.9% to £17.0 million over the period.

Everyman also improved its share of the market to 5.8%, up 40 basis points from 5.4% the previous year. Expansion during the fiscal period added two sites to the estate: a five-screen venue at The Whiteley, Bayswater opened in August, followed by a three-screen location in Brentford in February. The openings bring the group's total to 49 venues operating across 171 screens nationwide.

Balance-sheet dynamics were mixed. Net debt increased to £22.0 million from £18.1 million the year before. In line with a stated strategy to focus on debt reduction, the company indicated it does not plan to open any new venues in 2026.

Interim CEO Farah Golant CBE said the group continued to make progress through a tough economic backdrop, and highlighted both the resilience of Everyman's business model and the strength of the brand as factors underpinning results.

The reported numbers show growth across attendance, pricing and concession spend, while management is prioritising deleveraging over immediate further physical expansion. The combination of modest operational gains and a deliberate pause on openings frames the company’s near-term strategy as one of consolidation and balance-sheet management.


What this means for markets

  • Consumer discretionary and entertainment sectors may take note of resilient consumer spending on out-of-home leisure as reflected in higher ticket and food-and-beverage revenues.
  • Retail property and leisure real-estate stakeholders could track Everyman’s pause in expansion as evidence of caution in capital allocation amid an effort to reduce leverage.

Risks

  • Higher net debt - Net debt rose to £22.0 million from £18.1 million, presenting a leverage risk that management is seeking to address; this affects creditors and investors focused on balance-sheet resilience.
  • Challenging economic environment - Management highlighted a difficult macro backdrop, which could pressure discretionary spending and admissions if conditions deteriorate further, impacting the entertainment and leisure sectors.
  • Growth constrained by pause in openings - The decision not to open new venues in 2026 to focus on debt reduction may limit near-term revenue expansion tied to physical estate growth, relevant to commercial real-estate and retail-focused investors.

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