NYSE : IMAX
IMAX Corporation — Financial statements
Communication Services · Entertainment · Canada
Last price 50.61 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.78B
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Financial statements
IMAX Corporation (IMAX) reported revenue of 416.08M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 404.52M | 398.48M | 342.52M | 366.11M | 292.32M | 244.09M |
| Other Revenue | 11.56M | 11.73M | 9.69M | 8.73M | 8.48M | 10.79M |
| Revenue | 416.08M | 410.21M | 352.21M | 374.84M | 300.81M | 254.88M |
| Cost of Revenue | 167.56M | 163.39M | 158.61M | 159.74M | 143.48M | 121.01M |
| Gross Profit | 248.52M | 246.82M | 193.60M | 215.10M | 157.33M | 133.87M |
| Selling, General & Admin | 136.88M | 138.70M | 133.09M | 144.82M | 138.60M | 120.69M |
| Research & Development | 6.42M | 5.82M | 5.10M | 10.11M | 5.30M | 6.94M |
| Amortization of Goodwill & Intangibles | 8.17M | 7.52M | 5.76M | 4.58M | 4.83M | 4.88M |
| Operating Expenses | 153.49M | 152.73M | 142.98M | 161.26M | 157.28M | 128.56M |
| Operating Income | 95.03M | 94.09M | 50.62M | 53.83M | 53.00K | 5.32M |
| Interest Expense | -7.49M | -7.36M | -8.08M | -6.82M | -5.88M | -7.09M |
| Interest & Investment Income | 2.27M | 2.80M | 2.18M | 2.49M | 1.43M | 2.22M |
| EBT Excluding Unusual Items | 89.81M | 89.53M | 44.72M | 49.50M | -4.40M | 441.00K |
| Merger & Restructuring Charges | -2.00M | -2.48M | -3.75M | -2.95M | ||
| Impairment of Goodwill | -7.00M | -7.00M | ||||
| Gain (Loss) on Sale of Investments | -878.00K | -867.00K | 127.00K | 465.00K | 70.00K | 5.34M |
| Asset Writedown | -2.33M | -630.00K | -3.40M | -900.00K | -5.44M | -364.00K |
| Legal Settlements | 1.77M | |||||
| Other Unusual Items | -15.26M | -15.26M | 3.80M | |||
| Pretax Income | 62.33M | 63.29M | 37.70M | 46.12M | -9.77M | 10.99M |
| Income Tax Expense | 15.21M | 17.77M | 5.00M | 13.05M | 10.11M | 20.56M |
| Earnings From Continuing Operations | 47.12M | 45.53M | 32.70M | 33.07M | -19.88M | -9.58M |
| Minority Interest in Earnings | -6.20M | -10.65M | -6.64M | -7.73M | -2.92M | -12.75M |
| Net Income | 40.92M | 34.88M | 26.06M | 25.34M | -22.80M | -22.33M |
| Net Income to Common | 40.92M | 34.88M | 26.06M | 25.34M | -22.80M | -22.33M |
| Shares Outstanding (Basic) | 54.18M | 53.64M | 52.65M | 54.31M | 56.67M | 59.13M |
| Shares Outstanding (Diluted) | 56.25M | 55.54M | 53.86M | 55.15M | 56.67M | 59.13M |
| EPS (Basic) | 0.76 | 0.65 | 0.49 | 0.47 | -0.40 | -0.38 |
| EPS (Diluted) | 0.73 | 0.63 | 0.48 | 0.46 | -0.40 | -0.38 |
| Free Cash Flow | 104.11M | 90.48M | 38.07M | 34.12M | -10.91M | -7.62M |
| Free Cash Flow Per Share | 1.85 | 1.63 | 0.71 | 0.62 | -0.19 | -0.13 |
| Gross Margin | 59.73% | 60.17% | 54.97% | 57.38% | 52.30% | 52.52% |
| Operating Margin | 22.84% | 22.94% | 14.37% | 14.36% | 0.02% | 2.08% |
| Profit Margin | 9.84% | 8.50% | 7.40% | 6.76% | -7.58% | -8.76% |
| Free Cash Flow Margin | 25.02% | 22.06% | 10.81% | 9.10% | -3.63% | -2.99% |
| EBITDA | 138.22M | 135.54M | 89.23M | 90.90M | 37.10M | 42.29M |
| EBITDA Margin | 33.22% | 33.04% | 25.33% | 24.25% | 12.33% | 16.59% |
| D&A For EBITDA | 43.18M | 41.45M | 38.61M | 37.06M | 37.05M | 36.98M |
| EBIT | 95.03M | 94.09M | 50.62M | 53.83M | 53.00K | 5.32M |
| EBIT Margin | 22.84% | 22.94% | 14.37% | 14.36% | 0.02% | 2.08% |
| Effective Tax Rate | 24.40% | 28.07% | 13.25% | 28.30% | 187.17% | |
| Revenue as Reported | 416.08M | 410.21M | 352.21M | 374.84M | 300.81M | 254.88M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 159.92M | 151.17M | 100.59M | 76.20M | 97.40M | 189.71M |
| Cash & Short-Term Investments | 159.92M | 151.17M | 100.59M | 76.20M | 97.40M | 189.71M |
| Accounts Receivable | 274.99M | 261.30M | 249.74M | 262.17M | 240.86M | 211.78M |
| Other Receivables | 22.86M | 20.23M | 17.42M | 12.97M | 14.83M | |
| Receivables | 274.99M | 284.16M | 269.97M | 279.58M | 253.84M | 226.61M |
| Inventory | 39.24M | 32.51M | 32.84M | 31.58M | 31.53M | 26.92M |
| Prepaid Expenses | 14.33M | 14.88M | 13.12M | 12.35M | 12.34M | 11.80M |
| Other Current Assets | 992.00K | 846.00K | 50.00K | 184.00K | ||
| Total Current Assets | 488.49M | 483.70M | 416.52M | 400.56M | 395.17M | 455.23M |
| Property, Plant & Equipment | 238.95M | 242.91M | 240.13M | 243.30M | 252.90M | 260.35M |
| Long-Term Investments | 1.00M | 1.00M | 2.04M | 2.09M | ||
| Goodwill | 45.81M | 45.81M | 52.81M | 52.81M | 52.81M | 39.03M |
| Other Intangible Assets | 29.74M | 32.39M | 35.12M | 35.02M | 32.74M | 23.08M |
| Long-Term Accounts Receivable | 55.42M | 60.14M | 60.41M | 65.58M | 68.69M | 83.54M |
| Long-Term Deferred Tax Assets | 12.46M | 12.58M | 14.50M | 7.99M | 9.90M | 13.91M |
| Long-Term Deferred Charges | 743.00K | 1.09M | 1.24M | 1.34M | 1.42M | |
| Other Long-Term Assets | 47.01M | 15.75M | 8.81M | 7.16M | 5.58M | 4.60M |
| Total Assets | 917.90M | 894.03M | 830.40M | 814.67M | 821.15M | 883.25M |
| Accounts Payable | 22.51M | 19.48M | 19.80M | 26.39M | 25.24M | 15.94M |
| Accrued Expenses | 90.56M | 81.64M | 74.84M | 87.48M | 91.80M | 85.84M |
| Current Portion of Leases | 3.33M | 518.00K | 3.36M | |||
| Other Current Liabilities | 1.49M | 6.70M | 8.73M | 4.73M | 4.50M | 5.21M |
| Total Current Liabilities | 114.56M | 111.15M | 103.37M | 119.11M | 121.54M | 110.35M |
| Long-Term Debt | 282.64M | 278.61M | 266.26M | 252.06M | 263.02M | 226.11M |
| Long-Term Leases | 7.74M | 11.86M | 12.70M | 15.65M | 11.33M | |
| Long-Term Unearned Revenue | 53.24M | 50.40M | 52.69M | 67.11M | 70.94M | 81.28M |
| Pension & Post-Retirement Benefits | 4.50M | 5.88M | 5.49M | 5.59M | 5.33M | 6.16M |
| Long-Term Deferred Tax Liabilities | 12.52M | 12.52M | 12.52M | 12.52M | 14.90M | 17.64M |
| Total Liabilities | 467.46M | 466.30M | 452.18M | 469.08M | 491.39M | 452.88M |
| Common Stock | 441.34M | 419.16M | 401.42M | 389.05M | 376.71M | 409.98M |
| Retained Earnings | -226.60M | -235.75M | -270.62M | -288.91M | -289.19M | -231.04M |
| Comprehensive Income & Other | 141.15M | 154.48M | 168.67M | 173.01M | 175.83M | 177.15M |
| Total Common Equity | 355.89M | 337.89M | 299.47M | 273.14M | 263.36M | 356.08M |
| Minority Interest | 94.54M | 89.84M | 78.75M | 72.45M | 66.41M | 74.29M |
| Shareholders' Equity | 450.43M | 427.73M | 378.21M | 345.59M | 329.77M | 430.37M |
| Total Liabilities & Equity | 917.90M | 894.03M | 830.40M | 814.67M | 821.15M | 883.25M |
| Total Debt | 282.64M | 289.68M | 278.12M | 265.27M | 278.68M | 240.80M |
| Net Cash (Debt) | -122.72M | -138.51M | -177.53M | -189.07M | -181.27M | -51.09M |
| Net Cash Per Share | -2.18 | -2.49 | -3.30 | -3.43 | -3.20 | -0.86 |
| Filing Date Shares Outstanding | 54.84M | 53.99M | 53.02M | 52.95M | 53.97M | 58.65M |
| Total Common Shares Outstanding | 54.84M | 53.92M | 52.95M | 53.26M | 54.15M | 58.65M |
| Working Capital | 373.92M | 372.55M | 313.15M | 281.45M | 273.63M | 344.88M |
| Book Value Per Share | 6.49 | 6.27 | 5.66 | 5.13 | 4.86 | 6.07 |
| Tangible Book Value | 280.33M | 259.69M | 211.53M | 185.30M | 177.80M | 293.98M |
| Tangible Book Value Per Share | 5.11 | 4.82 | 4.00 | 3.48 | 3.28 | 5.01 |
| Land | 8.20M | 8.20M | 8.20M | 8.20M | 8.20M | |
| Buildings | 81.57M | 81.26M | 81.37M | 81.05M | 80.97M | |
| Machinery | 399.98M | 380.79M | 380.22M | 393.04M | 382.79M | |
| Construction In Progress | 13.51M | 15.11M | 20.12M | 14.38M | 10.23M | |
| Leasehold Improvements | 6.72M | 6.86M | 7.93M | 7.96M | 8.11M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 40.92M | 34.88M | 26.06M | 25.34M | -22.80M | -22.33M |
| Depreciation & Amortization | 45.68M | 43.95M | 40.73M | 39.74M | 39.78M | 39.77M |
| Other Amortization | 18.92M | 20.48M | 26.74M | 22.52M | 20.06M | 18.83M |
| Asset Writedown & Restructuring Costs | 10.27M | 8.94M | 3.61M | 1.34M | 6.43M | 874.00K |
| Loss (Gain) From Sale of Investments | 878.00K | 867.00K | -127.00K | -465.00K | -70.00K | -5.34M |
| Stock-Based Compensation | 27.23M | 26.82M | 23.21M | 24.23M | 27.57M | 26.08M |
| Provision & Write-off of Bad Debts | 2.03M | 696.00K | -973.00K | 1.76M | 8.55M | -3.95M |
| Other Operating Activities | 22.84M | 26.81M | -1.40M | 6.61M | 2.70M | 16.89M |
| Change in Accounts Receivable | 8.82M | -1.32M | 29.11M | -1.91M | -29.00M | -52.45M |
| Change in Inventory | -2.90M | -76.00K | -1.50M | -285.00K | -5.53M | 11.45M |
| Change in Accounts Payable | -9.04M | -481.00K | -6.38M | -535.00K | ||
| Change in Unearned Revenue | -2.60M | -2.40M | -14.31M | -3.88M | -11.57M | -6.59M |
| Change in Other Net Operating Assets | -30.14M | -32.11M | -53.93M | -55.85M | -18.80M | -17.16M |
| Operating Cash Flow | 132.90M | 127.07M | 70.84M | 58.62M | 17.32M | 6.07M |
| Capital Expenditures | -28.80M | -36.59M | -32.77M | -24.49M | -28.23M | -13.68M |
| Cash Acquisitions | -15.94M | |||||
| Sale (Purchase) of Intangibles | -4.10M | -5.32M | -8.45M | -8.34M | -4.39M | -4.09M |
| Investment in Securities | 1.04M | -4.73M | 17.77M | |||
| Investing Cash Flow | -32.90M | -41.92M | -41.22M | -31.79M | -53.29M | -7.00K |
| Long-Term Debt Issued | 382.87M | 55.00M | 40.04M | 37.87M | 227.28M | |
| Long-Term Debt Repaid | -385.53M | -43.38M | -53.78M | -4.55M | -307.61M | |
| Net Debt Issued (Repaid) | -10.26M | -2.66M | 11.62M | -13.74M | 33.32M | -80.33M |
| Issuance of Common Stock | 18.23M | 4.00M | 5.29M | 883.00K | ||
| Repurchase of Common Stock | -31.62M | -9.74M | -22.83M | -33.29M | -83.81M | -17.57M |
| Other Financing Activities | -25.18M | -25.68M | -116.00K | -1.50M | -8.03M | -35.70M |
| Financing Cash Flow | -48.83M | -34.08M | -6.04M | -48.53M | -58.51M | -132.72M |
| Foreign Exchange Rate Adjustments | -505.00K | -497.00K | 812.00K | 504.00K | 2.17M | -1.01M |
| Net Cash Flow | 50.67M | 50.58M | 24.39M | -21.20M | -92.31M | -127.67M |
| Free Cash Flow | 104.11M | 90.48M | 38.07M | 34.12M | -10.91M | -7.62M |
| Free Cash Flow Margin | 25.02% | 22.06% | 10.81% | 9.10% | -3.63% | -2.99% |
| Free Cash Flow Per Share | 1.85 | 1.63 | 0.71 | 0.62 | -0.19 | -0.13 |
| Levered Free Cash Flow | 109.16M | 91.14M | 68.88M | 52.81M | 32.90M | 39.61M |
| Unlevered Free Cash Flow | 111.79M | 93.76M | 71.96M | 54.84M | 33.39M | 41.53M |
| Cash Interest Paid | 4.88M | 4.88M | 5.72M | 3.93M | 715.00K | 3.25M |
| Cash Income Tax Paid | 15.85M | 15.85M | 14.58M | 17.81M | 13.96M | 18.48M |
| Change in Working Capital | -35.86M | -36.38M | -47.02M | -62.46M | -64.90M | -64.76M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.73B | 1.99B | 1.35B | 816.75M | 820.57M | 1.05B |
| Enterprise Value | 2.85B | 2.19B | 1.61B | 1.04B | 1.04B | 1.19B |
| Last Close Price | 50.61 | 36.96 | 25.60 | 15.02 | 14.66 | 17.84 |
| PE Ratio | 68.33 | 57.01 | 51.76 | 32.24 | ||
| Forward PE | 18.57 | 24.27 | 22.35 | 23.05 | 17.00 | 44.61 |
| PS Ratio | 6.63 | 4.85 | 3.83 | 2.18 | 2.73 | 4.13 |
| PB Ratio | 7.80 | 4.65 | 3.57 | 2.36 | 2.49 | 2.45 |
| P/TBV Ratio | 9.84 | 7.66 | 6.38 | 4.41 | 4.62 | 3.58 |
| P/FCF Ratio | 26.49 | 21.98 | 35.43 | 23.93 | ||
| P/OCF Ratio | 20.75 | 15.65 | 19.04 | 13.93 | 47.37 | 173.79 |
| PEG Ratio | 0.96 | 1.32 | 0.14 | 0.05 | 0.06 | 2.97 |
| EV/Sales Ratio | 6.92 | 5.34 | 4.57 | 2.78 | 3.47 | 4.68 |
| EV/EBITDA Ratio | 20.84 | 16.16 | 18.05 | 11.47 | 28.13 | 28.20 |
| EV/EBIT Ratio | 30.31 | 23.27 | 31.81 | 19.38 | 19,687.99 | 224.41 |
| EV/FCF Ratio | 27.67 | 24.20 | 42.30 | 30.57 | ||
| Debt / Equity Ratio | 0.63 | 0.68 | 0.73 | 0.77 | 0.84 | 0.56 |
| Debt / EBITDA Ratio | 2.04 | 2.13 | 3.11 | 2.90 | 7.39 | 5.60 |
| Debt / FCF Ratio | 2.71 | 3.20 | 7.31 | 7.77 | ||
| Net Debt / Equity Ratio | 0.27 | 0.32 | 0.47 | 0.55 | 0.55 | 0.12 |
| Net Debt / EBITDA Ratio | 0.89 | 1.02 | 1.99 | 2.08 | 4.89 | 1.21 |
| Net Debt / FCF Ratio | 1.18 | 1.53 | 4.66 | 5.54 | -16.62 | -6.71 |
| Asset Turnover | 0.47 | 0.48 | 0.43 | 0.46 | 0.35 | 0.27 |
| Inventory Turnover | 4.41 | 5.00 | 4.92 | 5.06 | 4.91 | 3.64 |
| Quick Ratio | 3.80 | 3.92 | 3.58 | 2.99 | 2.89 | 3.77 |
| Current Ratio | 4.26 | 4.35 | 4.03 | 3.36 | 3.25 | 4.12 |
| Return on Equity (ROE) | 11.02% | 11.30% | 9.04% | 9.79% | -5.23% | -2.14% |
| Return on Assets (ROA) | 6.65% | 6.82% | 3.85% | 4.11% | 0.00% | 0.35% |
| Return on Invested Capital (ROIC) | 12.53% | 12.06% | 8.05% | 7.38% | 0.01% | -0.97% |
| Return on Capital Employed (ROCE) | 11.80% | 12.00% | 7.00% | 7.70% | 0.00% | 0.70% |
| Earnings Yield | 1.46% | 1.75% | 1.93% | 3.10% | -2.78% | -2.12% |
| FCF Yield | 3.77% | 4.55% | 2.82% | 4.18% | -1.33% | -0.72% |
| Buyback Yield / Dilution | -2.83% | -3.12% | 2.33% | 2.70% | 4.15% | 0.19% |