UFO Moviez India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2022
May 26, 2022 at 11:20 am EDT
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UFO Moviez India Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 547.9 million compared to INR 327.4 million a year ago. Revenue was INR 561.3 million compared to INR 335.1 million a year ago. Net loss was INR 188.9 million compared to INR 255 million a year ago. Basic loss per share from continuing operations was INR 6.04 compared to INR 8.99 a year ago. Diluted loss per share from continuing operations was INR 6.04 compared to INR 8.99 a year ago.
For the full year, sales was INR 1,601.4 million compared to INR 881 million a year ago. Revenue was INR 1,639.4 million compared to INR 922.3 million a year ago. Net loss was INR 868.5 million compared to INR 1,175.9 million a year ago. Basic loss per share from continuing operations was INR 27.77 compared to INR 41.48 a year ago. Diluted loss per share from continuing operations was INR 27.77 compared to INR 41.48 a year ago.
UFO Moviez India Limited is engaged in providing digital cinema services. The Company enables cinema digitization with satellite technology in India. It also makes an in-cinema advertising platform, with approximately 1.8 billion viewers annually through 3400+ screens across 1150+ cities. It is focused on digital cinema services and sale of digital cinema equipment. Its businesses include Theatrical Business, Advertising Business and Other Initiatives. Its Other Initiatives business includes Nova Cinemaz, Club Cinema, Impact Ticketing and Caravan Talkies. It also provides digital cinema equipment to the cinema theatres comprising of a sophisticated digital projector and industrial grade digital cinema server supported by a 3KVA UPS system. Its wholly owned subsidiary, Scrabble Entertainment Limited, is provider of end-to-end digital cinema solutions, including supply, installation, and maintenance of 2K & 4K DCI compliant projectors, DCI Servers, 3D equipment, and peripherals.
UFO MOVIEZ INDIA LIMITED 
