Starz Entertainment Corp /Cn/STRZ

NasdaqMedia & TelecomServices-Motion Picture & Video Tape Production
Price (close)
$22.71
Market cap
$381.5M
P/E
—
Revenue (TTM)
$1.3B
Net income
-$427.6M
Dividend yield
—
1-year total return
60.8%
Net margin
-34.0%
Revenue growth
-36.0%
Debt / equity
2.08x

What Starz Entertainment Corp /Cn/ does.

Unless otherwise indicated or as the context requires, all references to the “Company,” “Starz,” “we,” “us,” and “our” refer to (i) following the Separation (as defined below), Starz Entertainment Corp., a corporation organized under the laws of the province of British Columbia, Canada, and its direct and indirect subsidiaries and (ii) prior to the Separation as the context requires, the Starz Business (as defined below). Prior to the Separation, as defined and further discussed below, the business of what would become Starz Entertainment Corp. (the “Company”) substantially consisted of Lions Gate Entertainment Corp's (“Old Lionsgate” or “Parent”) Media Networks segment consisting of (i) Starz Networks, which included the domestic distribution within the U.S. and Canada of STARZ branded premium subscription video services through over-the-top (“OTT”) streaming platforms and distributors, on a direct-to-consumer basis through the STARZ App and through wholesale U.S. and Canada OTT and multichannel video programming distributors (“MVPDs”), including cable operators, satellite television providers and telecommunications companies (in the aggregate the “Starz Platform”), and (ii) International, which at that time primarily consisted of the OTT distribution of subscription video services outside the U.S. and Canada. (“LIONSGATE+”) (collectively referred to as the “Starz Business”). Old Lionsgate also had a subsidiary Lionsgate Studios Corp. (formerly trading on the Nasdaq Stock Market under the ticker symbol LION) (“Legacy Lionsgate Studios”) that included the company’s motion picture and television studio operations (collectively referred to as the “LG Studios Business”).

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$3.3B$3.6B$1.4B$1.4B$1.4B—
Net income-$18.9M-$188.2M-$1.9B-$915.2M-$211.2M—
Free cash flow-$35.5M-$694.0M-$472.6M-$152.2M-$63.6M—

More on STRZ.

Figures from Starz Entertainment Corp /Cn/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.