Imax Corp (USA) (N:IMAX)

Sector:  Consumer Cyclicals Industry:  Entertainment Production
 
See Regulatory Filings on SEC
Company Contact
Address: 2525 Speakman Drive
MISSISSAUGA ON L5K 1B1
Tel: N/A
Website: https://www.imax.com
IR: See website
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Key People
Richard Lewis Gelfond
Chief Executive Officer, Director
Anne Globe
Chief Marketing Officer
Natasha Fernandes
Chief Financial Officer, Executive Vice President
Daniel Wade Manwaring
Chief Executive Officer of IMAX China Holding
Mark Welton
President - IMAX Theatres
Michele Golden
Global Chief People Officer
Pablo Calamera
Executive Vice President, Chief Technology Officer
Robert Darin Lister
Chief Legal Officer and Senior Executive Vice President
Elizabeth Gitajn
Senior Vice President - Finance, Controller
Denny Tu
Senior Vice President
   
Business Overview
IMAX Corporation (IMAX) provides a technology platform for entertainment and events. Through its software, theater architecture, patented intellectual property, and specialized equipment, IMAX offers an end-to-end solution to create content experiences. The Company operates in two segments: Content Solutions and Technology Products and Services. Its Content Solutions segment includes the digital remastering of films and other content into IMAX formats for distribution to the IMAX network. This segment also offers distribution of large-format documentary films and exclusive experiences ranging from live performances to interactive events with artists and creators, as well as film post-production services. Its Technology Products and Services segment is engaged in the sale or lease of IMAX Systems, as well as in the maintenance of IMAX Systems. This segment also offers certain ancillary theater business activities, including after-market sales of IMAX System parts, and 3D glasses.
Financial Overview
For the three months ended 31 March 2024, Imax Corp (USA) revenues decreased 9% to $79.1M. Net income increased 33% to $3.3M. Revenues reflect Technology Products and Services segment decrease of 16% to $43.2M, All Other segment decrease of 38% to $2M, Greater China segment decrease of 19% to $21.5M, Canada segment decrease of 67% to $2.4M. Net income reflects Advertising Expense decrease of 55% to $3.2M (expense).
Employees: 697 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $1,096M as of Mar 31, 2024
Annual revenue (TTM): $367.02M as of Mar 31, 2024
EBITDA (TTM): $120.90M as of Mar 31, 2024
Net annual income (TTM): $26.16M as of Mar 31, 2024
Free cash flow (TTM): $11.02M as of Mar 31, 2024
Net Debt Last Fiscal Year: $216.95M as of Mar 31, 2024
Shares outstanding: 52,624,944 as of Apr 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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