IMAX · Imax Corp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · IMAX

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$410.21M	$352.21M	$374.84M	$300.81M	$254.88M	$137.00M
Cost of Revenue	$164.02M	$162.01M	$160.50M	$144.45M	$120.48M	$115.46M
Gross Profit	$246.19M	$190.20M	$214.34M	$156.35M	$134.41M	$21.54M
R&D	$5.82M	$5.10M	$10.11M	$5.30M	$6.94M	$5.62M
SG&A	$138.46M	$132.70M	$144.41M	$108.48M	$117.32M◇	-
Total Operating Expenses	-	-	-	-	-	-
D&A	-	-	-	-	-	$53.61M
Operating Income	$84.23M	$43.86M	$50.40M	($4.83M)	$10.98M	($121.82M)
Interest Expense	$7.36M	$8.08M	$6.82M	$5.88M	$7.09M	$7.01M
Income Tax	$17.77M	$5.00M	$13.05M	$10.11M	$20.56M	$26.50M
Net Income	$34.88M	$26.06M	$25.34M	($22.80M)	($22.33M)	($143.78M)
EPS - Basic	$0.65	$0.49	$0.47	($2.43)	($0.38)◇	-
EPS - Diluted	$0.63	$0.48	$0.46	($2.43)	($0.38)◇	-

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$151.17M	$100.59M	$76.20M	$97.40M	$189.71M	$317.38M
Accounts Receivable	$108.08M	$107.67M	$136.26M	$136.14M	$110.05M	$56.30M
Inventory	$32.51M	$32.84M	$31.58M	$31.53M	$26.92M	$39.58M
Accounts Payable	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-
Total Assets	$894.03M	$830.40M	$814.67M	$821.15M	$883.25M	$997.75M
Current Liabilities	-	-	-	-	-	-
Long-term Debt	-	-	-	-	$2.47M	$305.68M
Total Liabilities	$466.30M	$452.18M	$469.08M	$491.39M	$452.88M	$532.98M
Stockholders' Equity	$337.89M	$299.47M	$273.14M	$263.36M	$356.08M	$385.49M
Retained Earnings	($239.97M)	($274.68M)	($292.85M)	($293.12M)	($234.97M)	($202.85M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$127.07M	$70.84M	$58.62M	$17.32M	$6.07M	($23.01M)
Investing Cash Flow	($41.92M)	($41.22M)	($31.79M)	($53.29M)	($7.0K)	($9.26M)
Financing Cash Flow	($34.08M)	($6.04M)	($48.53M)	($58.51M)	($132.72M)	$240.57M
CapEx	$8.17M	$8.43M	$6.49M	$8.42M	$3.59M	$697.0K
Free Cash Flow	$118.90M	$62.41M	$52.12M	$8.90M	$2.48M	($23.71M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	60.0%	54.0%	57.2%	52.0%	52.7%	15.7%
Operating margin	20.5%	12.5%	13.4%	-1.6%	4.3%	-88.9%
EBITDA margin	-	-	-	-	-	-49.8%
Net margin	8.5%	7.4%	6.8%	-7.6%	-8.8%	-104.9%
Free cash flow margin	29.0%	17.7%	13.9%	3.0%	1.0%	-17.3%
FCF / Net income	3.41	2.39	2.06	-0.39	-0.11	0.16
R&D / Revenue	1.4%	1.4%	2.7%	1.8%	2.7%	4.1%
SG&A / Revenue	33.8%	37.7%	38.5%	36.1%	46.0%	-
Effective tax rate	33.7%	16.1%	34.0%	-	-	-
Return on assets	3.9%	3.1%	3.1%	-2.8%	-2.5%	-14.4%
Return on equity	10.3%	8.7%	9.3%	-8.7%	-6.3%	-37.3%
Return on invested capital	-	-	-	-	2.4%	-13.9%
Liquidity
Current ratio	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-
Leverage
Debt / Equity	-	-	-	-	0.01	0.79
Debt / Assets	-	-	-	-	0.00	0.31
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	11.4x	5.4x	7.4x	-0.8x	1.5x	-17.4x
Equity multiplier	2.65	2.77	2.98	3.12	2.48	2.59
Liabilities / Assets	0.52	0.54	0.58	0.60	0.51	0.53
Efficiency
Asset turnover	0.46	0.42	0.46	0.37	0.29	0.14
Inventory turnover	5.05	4.93	5.08	4.58	4.47	2.92
Days sales outstanding	96d	112d	133d	165d	158d	150d
Days inventory outstanding	72d	74d	72d	80d	82d	125d
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	58.7x	53.3x	32.7x	-	-	-
P / B	6.1x	4.6x	3.0x	3.2x	3.0x	2.8x
P / S	5.0x	3.9x	2.2x	2.8x	4.1x	7.8x
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	16.5%	-6.0%	24.6%	18.0%	86.0%	-65.4%
Revenue CAGR (3y)	10.9%	11.4%	39.9%	-8.7%	-12.0%	-28.9%
Revenue CAGR (5y)	24.5%	-2.3%	0.0%	-4.6%	-7.5%	-18.2%
Gross profit growth (YoY)	29.4%	-11.3%	37.1%	16.3%	524.0%	-89.9%
Operating income growth (YoY)	92.0%	-13.0%	-	-	-	-
Net income growth (YoY)	33.8%	2.9%	-	-2.1%	84.5%	-
EPS growth (YoY)	31.3%	4.3%	-	-539.5%	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	5.0%	-	-	-
FCF growth (YoY)	90.5%	19.7%	485.9%	259.5%	-	-
FCF CAGR (5y)	-	-5.5%	-11.6%	-32.0%	-47.6%	-
Book value growth (YoY)	12.8%	9.6%	3.7%	-26.0%	-7.6%	-29.6%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$647.03M total

Reportable Segment Aggregation Before Other Operating Segment$402.54M · 62.2%

Content Solutions Segment$142.35M · 22.0%

Technology Products And Services Segment$94.47M · 14.6%

All Other Segments$7.68M · 1.2%

Product / service

$552.56M total

Service$217.93M · 39.4%

Image Enhancement And Maintenance Services$142.35M · 25.8%

Technology Sales$98.34M · 17.8%

Technology Rentals$82.22M · 14.9%

Finance Income$11.73M · 2.1%

Geographic

$410.21M total

US$144.85M · 35.3%

Greater China$102.34M · 24.9%

Asia Excluding Greater China$66.63M · 16.2%

Western Europe$51.76M · 12.6%

Rest Of World$24.15M · 5.9%

CA$11.52M · 2.8%

Latin America$8.97M · 2.2%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
-Current ratio improved
✗No share dilution
✓Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Photographic Equipment & Supplies

Company	Revenue (last FY)	Net margin	ROE
GPRO	$651.54M	-14.3%	-122.1%
KODK	$1.07B	-12.0%	-20.8%
FGH	$41.24M	-17.3%	-15.3%
SGE	-	-	-
MITQ	-	-	-19.5%

Comparing IMAX CORP against the 5 most active filers in the same SIC group.

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.