Lionsgate Studios Corp.

Revenue Slightly Increases Total revenues reached $1.73B USD for nine months, up 0.4% compared to prior period, driven by Motion Picture segment.

Continuing Loss Narrows Net loss from continuing operations $247.6M USD, loss narrowed $46.6M (15.8%) for nine months ended December 31, 2025.

Goodwill Increases Via Acquisitions Total goodwill reached $846.8M USD, increasing due to $35.6M from business acquisitions during the nine months period.

Cash Position Declines Cash and equivalents totaled $182.4M USD as of December 31, 2025, down $30.1M from March 31, 2025 balance sheet.

Equity Deficit Widens Total equity deficit reached $(1.25B) USD at period end, significantly increasing from $(352.7M) USD at March 31, 2025.

Other Income Swings Negative Other income (loss), net resulted in $(21.5)M USD loss for nine months, compared to $(5.2)M income previous period.

Restructuring Costs Remain High Restructuring and other expenses totaled $39.8M USD for nine months, reflecting ongoing integration and strategic transaction costs.

Reliance on External Financing Future liquidity depends on cash flow, credit facilities, and intellectual property financing; obtaining future financing uncertain.

Marketing Spend Expected Higher Expect cash requirements for productions consistent; marketing spend projected to increase in fiscal 2026 compared to fiscal 2025.

Debt Covenants Compliance Maintained Company remains in compliance with all applicable covenants under Lionsgate Credit Agreement as of December 31, 2025.

Evaluating New Accounting Guidance Currently evaluating impact of adopting ASU 2023-09 regarding income tax disclosures effective beginning fiscal year 2026.

Content Licensing Drives Revenue Revenue generation relies principally on licensing content across theatrical, home entertainment, and international marketplaces.