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Imax Corp

Communication Services US IMAX

17.66USD
0.22(1.26%)

Last update at 2024-04-24T20:11:00Z

Day Range

17.3117.82
LowHigh

52 Week Range

13.6321.82
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -9.76900M 10.99M -129.12400M 75.34M 43.60M
Minority interest 2.92M -12.75200M -13.71100M 11.71M 87.20M
Net income -19.87700M -9.57700M -155.62800M 46.87M 22.84M
Selling general administrative 138.04M 117.32M 108.48M 114.87M 104.70M
Selling and marketing expenses - - - 7.64M 11.07M
Gross profit 156.35M 134.41M 21.54M 214.17M 207.93M
Reconciled depreciation 56.66M 56.08M 53.61M 63.49M 57.44M
Ebit 9.05M 7.02M -98.55700M 77.28M 70.79M
Ebitda 65.72M 63.10M -42.56300M 142.98M 128.23M
Depreciation and amortization 56.66M 56.08M 55.99M 65.70M 57.44M
Non operating income net other 1.50M 7.56M 0.53M 2.11M 1.35M
Operating income 9.05M 7.02M -98.55700M 77.28M 45.18M
Other operating expenses 292.62M 250.08M 235.56M 318.27M 305.45M
Interest expense 5.88M 7.09M 7.01M 2.79M 2.92M
Tax provision 10.11M 20.56M 26.50M 16.77M 9.52M
Interest income 1.43M 2.22M 2.39M 2.10M 1.84M
Net interest income -4.44900M -4.87400M -4.62200M -0.68800M -1.07200M
Extraordinary items - - - - -
Non recurring 8.55M -5.72100M 22.71M 3.28M 21.28M
Other items - - - - -
Income tax expense 10.11M 20.56M 26.50M 16.77M 9.52M
Total revenue 300.81M 254.88M 137.00M 395.66M 374.40M
Total operating expenses 148.17M 129.61M 120.10M 136.78M 138.98M
Cost of revenue 144.45M 120.48M 115.46M 181.49M 166.47M
Total other income expense net -18.82400M 3.97M -30.56700M -1.94200M -24.27300M
Discontinued operations - - - - -
Net income from continuing ops -19.87700M -9.57700M -155.62800M 58.57M 33.59M
Net income applicable to common shares -22.80000M -22.32900M -143.77500M 46.87M 22.84M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 821.15M 883.25M 997.75M 889.07M 873.60M
Intangible assets 38.02M 27.32M 32.02M 48.27M 50.46M
Earning assets - - - - -
Other current assets 12.34M 11.80M 10.42M 10.24M 10.29M
Total liab 491.39M 452.88M 532.98M 245.97M 274.24M
Total stockholder equity 263.36M 356.08M 385.49M 547.69M 512.16M
Deferred long term liab 14.90M 17.64M 19.13M 1.50M 2.80M
Other current liab 117.29M 111.90M -206.32200M 94.55M 59.97M
Common stock 376.71M 409.98M 407.03M 423.39M 422.45M
Capital stock 376.71M 409.98M 407.03M 423.39M 422.45M
Retained earnings -293.12400M -234.97500M -202.84900M -40.25300M -85.38500M
Other liab 91.17M 98.92M 144.98M 140.57M 151.28M
Good will 52.81M 39.03M 39.03M 39.03M 39.03M
Other assets 77.31M 78.06M 241.82M 267.67M 279.46M
Cash 97.40M 189.71M 317.38M 109.48M 141.59M
Cash and equivalents - - - - -
Total current liabilities 249.57M 211.59M 208.17M 227.75M 236.49M
Current deferred revenue 70.94M 81.28M 87.98M 94.55M 106.71M
Net debt 165.62M 36.40M -11.70300M -91.25500M -103.83700M
Short term debt 36.11M 2.47M 305.68M 18.23M 37.75M
Short long term debt 36.11M 2.47M 305.68M 18.23M 37.75M
Short long term debt total 263.02M 226.11M 305.68M 18.23M 37.75M
Other stockholder equity 185.68M 174.62M 180.32M 167.75M 178.68M
Property plant equipment 252.90M 260.35M 277.40M 306.85M 280.66M
Total current assets 450.83M 523.75M 596.01M 430.30M 417.19M
Long term investments 2.04M 2.09M 14.63M 19.14M 4.59M
Net tangible assets 178.52M 293.98M 320.98M 484.23M 439.04M
Short term investments 1.00M 1.00M - - -
Net receivables 309.55M 295.32M 228.64M 267.59M 220.74M
Long term debt 226.91M 223.64M 305.68M 18.23M 37.75M
Inventory 31.53M 26.92M 39.58M 42.99M 44.56M
Accounts payable 25.24M 15.94M 20.84M 20.41M 32.06M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 65.69M 73.53M 78.52M 89.49M 80.76M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -5.91400M 6.46M 0.99M -3.19000M -3.58800M
Additional paid in capital - - - - -
Common stock total equity 376.71M 409.98M 407.03M 423.39M 422.45M
Preferred stock total equity - - - - -
Retained earnings total equity -293.12400M -234.97500M -202.84900M -40.25300M -85.38500M
Treasury stock - - -0.01100M -4.03800M -0.91600M
Accumulated amortization - - - - -
Non currrent assets other 15.66M 17.80M 21.67M 25.03M 50.41M
Deferred long term asset charges - - - - -
Non current assets total 370.33M 359.49M 401.74M 458.77M 456.42M
Capital lease obligations - - - - -
Long term debt total 226.91M 223.64M 305.68M 18.23M 37.75M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -53.29100M 17.77M -9.25500M -15.15300M -56.87400M
Change to liabilities -11.57200M -6.59100M -6.63700M -24.01600M 1.25M
Total cashflows from investing activities -53.29100M -0.00700M -9.25500M -65.99400M -56.87400M
Net borrowings 31.99M -80.33400M 286.54M -20.00000M 12.42M
Total cash from financing activities -58.51400M -132.72000M 240.57M -57.11800M -70.86200M
Change to operating activities -18.79700M -17.16400M -32.30500M -11.17800M -8.72800M
Net income -19.87700M -9.57700M -157.48600M 58.57M 33.59M
Change in cash -92.31000M -127.66800M 207.90M -32.10600M -17.13500M
Begin period cash flow 189.71M 317.38M 109.48M 141.59M 158.72M
End period cash flow 97.40M 189.71M 317.38M 109.48M 141.59M
Total cash from operating activities 17.32M 6.07M -23.01100M 90.38M 109.97M
Issuance of capital stock - - - - -
Depreciation 56.66M 56.08M 53.61M 63.49M 57.44M
Other cashflows from investing activities -44.86700M -14.18600M -8.55800M -2.93100M -8.69600M
Dividends paid 2.70M -0.88300M 4.21M 2.40M 64.08M
Change to inventory -5.52900M 11.45M 1.64M 1.94M -14.02200M
Change to account receivables -29.00300M -52.45300M 33.60M -8.62100M 33.94M
Sale purchase of stock -83.16700M -23.96500M -38.16900M -25.85900M -82.81200M
Other cashflows from financing activities 29.20M 198.85M 278.74M 23.74M 125.68M
Change to netincome 15.49M 34.56M 57.10M 14.46M 6.10M
Capital expenditures 32.62M 17.78M 9.26M 50.84M 56.87M
Change receivables -29.00300M -52.45300M 33.60M - -
Cash flows other operating 2.45M 10.86M -3.19300M -46.14500M 12.45M
Exchange rate changes - -1.00600M -0.40600M 0.63M 0.63M
Cash and cash equivalents changes -94.48400M -127.66800M 207.90M -32.10600M -17.13500M
Change in working capital -64.90100M -64.75700M -3.70800M -45.92900M 12.45M
Stock based compensation 27.57M 26.08M 22.04M 23.57M 23.72M
Other non cash items 19.94M -4.75800M 38.92M -16.08400M -10.30700M
Free cash flow -15.30000M -11.71100M -32.26600M 39.54M 53.10M

Fundamentals

  • Previous Close 17.44
  • Market Cap849.69M
  • Volume1999838
  • P/E Ratio34.58
  • Dividend Yield1.62%
  • EBITDA94.50M
  • Revenue TTM386.87M
  • Revenue Per Share TTM7.10
  • Gross Profit TTM 157.23M
  • Diluted EPS TTM0.45

Peer Comparison

Sector: Communication Services Industry: Entertainment

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
IMAX
Imax Corp
0.22 1.26% 17.66 34.58 18.76 2.21 2.98 2.58 8.47
NFLX
Netflix Inc
-22.63 3.92% 555.12 48.53 30.86 6.54 9.69 6.74 10.74
DIS
Walt Disney Company
0.23 0.20% 113.94 70.56 19.42 1.88 1.68 2.24 16.46
UNVGY
Universal Music Group N.V
-0.19 1.30% 14.44 40.46 27.47 4.82 18.29 5.11 28.19
UMGNF
Universal Music Group N.V.
-0.395 1.34% 29.00 40.11 27.55 4.82 18.30 5.11 28.19

Reports Covered

Stock Research & News

Profile

IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates through three segments: IMAX Technology Network; IMAX Technology Sales and Maintenance; and Film Distribution and Post-Production. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies. It also offers preventative and emergency maintenance services to the IMAX network; film post-production services; and IMAX film and digital cameras to content creators. In addition, the company engages in the distribution of large-format documentary films to institutional theaters, as well as live performances and interactive events with artists and creators; after-market sales of IMAX System parts and 3D glasses; operation of IMAX theater; provision of management services to three other theaters, as well as production advice and technical assistance to documentary and Hollywood filmmakers; and rental of Company's proprietary 2D and 3D large-format film. The company markets its theater systems through a direct sales force and marketing staff to science and natural history museums, zoos, aquaria, and other educational and cultural centers, as well as theme parks, private home theaters, tourist destination sites, fairs, and expositions. It offers its services under the IMAX, IMAX 3D, Experience It In IMAX, The IMAX Experience, DMR, Filmed For IMAXTM, IMAX LiveTM, IMAX Enhanced, and SSIMWAVE. The company operates a network of IMAX systems comprising commercial multiplexes, commercial destinations, and institutional facilities in 87 countries and territories. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.

Imax Corp

2525 Speakman Drive, Mississauga, ON, Canada, L5K 1B1

Key Executives

Name Title Year Born
Mr. Richard Lewis Gelfond CEO & Director 1956
Mr. Robert D. Lister Chief Legal Officer & Sr. EVP 1969
Mr. Mark Welton Pres of IMAX Theatres 1964
Ms. Megan Colligan Exec. VP & Pres of IMAX Entertainment 1973
Mr. Graeme Ferguson Co-Founder NA
Ms. Natasha Fernandes Chief Financial Officer 1981
Mr. Bruce Markoe Sr. VP of Post Production, Operations & DMR 1957
Mr. Kevin M. Delaney Sr. VP of Fin., Controller & Principal Accounting Officer 1973
Ms. Heather Anthony Head of Enterprise Transformation 1972
Mr. Pablo Calamera Exec. VP & CTO 1963

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