National Cinemedia vs Nexxen International
Nexxen International is the larger business, with $365m of revenue in fiscal 2025 against $243m for National Cinemedia (1.5 times as much). National Cinemedia grew faster (1.0% against -0.2%). Nexxen International kept more of each dollar of sales as profit: a net margin of 6.9% against -4.4%. Nexxen International carries less debt relative to equity (0.0% against 3.2%).
| Latest fiscal year | National CinemediaNCMI, 2025 | Nexxen InternationalNEXN, 2025 |
|---|---|---|
| Revenue | $243m | $365m |
| Revenue growth | 1.0% | -0.2% |
| Net income | −$10.6m | $25.0m |
| Operating margin | -5.7% | 8.9% |
| Net margin | -4.4% | 6.9% |
| Return on equity | -2.7% | 5.0% |
| Free cash flow | $2.8m | $98.0m |
| Cash | $34.6m | $133m |
| Total debt | $12.0m | $0 |
| Debt to equity | 3.2% | 0.0% |
| Dividend per share | $0.12 | — |
| Dividend yield | 7.5% | — |
| Share buybacks | $22.0m | $102m |
| Employees | 248 | — |
| Market value | $144m | $529m |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 23 (Weak) | — |
| Insider trades, 12 months | 0 buys, 22 sales | 0 buys, 32 sales |