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Communication Services - Entertainment - NYSE - CA
$ 24.21
-1.43 %
$ 1.28 B
Market Cap
55.02
P/E
1. INTRINSIC VALUE

IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company worldwide. It offers cinematic solution through proprietary software, theater architecture, intellectual property, and specialized equipment. The company offers IMAX Digital Re-Mastering (DMR), a proprietary technology that digitally enhances the image resolution, visual clarity, and sound quality of motion picture films for projection on IMAX screens; IMAX theater systems to exhibitor customers through sales, leases, and joint revenue sharing arrangements; and digital projection systems. It also provides preventative and emergency maintenance services to IMAX network; distributes large-format documentary films; film post-production and quality control services for large-format films, and digital post-production services; owns and operates IMAX theaters; and rents 2D and 3D large-format film and digital cameras, as well as offers production advice and technical assistance services to documentary and Hollywood filmmakers.[ Read More ]

The intrinsic value of one IMAX stock under the base case scenario is HIDDEN Compared to the current market price of 24.2 USD, IMAX Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IMAX

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FINANCIALS
375 M REVENUE
24.61%
50.4 M OPERATING INCOME
456.58%
25.3 M NET INCOME
227.46%
58.6 M OPERATING CASH FLOW
238.40%
-31.8 M INVESTING CASH FLOW
40.35%
-48.5 M FINANCING CASH FLOW
17.06%
91.5 M REVENUE
2.80%
19.4 M OPERATING INCOME
277.72%
13.9 M NET INCOME
287.83%
35.3 M OPERATING CASH FLOW
1.19%
-14.7 M INVESTING CASH FLOW
-75.36%
-7.56 M FINANCING CASH FLOW
53.42%
Balance Sheet Decomposition IMAX Corporation
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Current Assets 401 M
Cash & Short-Term Investments 76.2 M
Receivables 328 M
Other Current Assets -3.39 M
Non-Current Assets 367 M
Long-Term Investments 1 M
PP&E 243 M
Other Non-Current Assets 122 M
Current Liabilities 119 M
Accounts Payable 26.4 M
Short-Term Debt 22.9 M
Other Current Liabilities 69.8 M
Non-Current Liabilities 146 M
Long-Term Debt 239 M
Other Non-Current Liabilities -92.6 M
EFFICIENCY
Earnings Waterfall IMAX Corporation
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Revenue 375 M
Cost Of Revenue 166 M
Gross Profit 209 M
Operating Expenses 165 M
Operating Income 50.4 M
Other Expenses 25.1 M
Net Income 25.3 M
RATIOS
55.69% GROSS MARGIN
55.69%
13.45% OPERATING MARGIN
13.45%
6.76% NET MARGIN
6.76%
9.28% ROE
9.28%
3.11% ROA
3.11%
6.88% ROIC
6.88%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis IMAX Corporation
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Net Income 25.3 M
Depreciation & Amortization 60 M
Capital Expenditures -14.8 M
Stock-Based Compensation 24.2 M
Change in Working Capital -62.5 M
Others -46.8 M
Free Cash Flow 43.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets IMAX Corporation
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Wall Street analysts predict an average 1-year price target for IMAX of $24.6 , with forecasts ranging from a low of $22 to a high of $30 .
IMAX Lowest Price Target Wall Street Target
22 USD -9.13%
IMAX Average Price Target Wall Street Target
24.6 USD 1.49%
IMAX Highest Price Target Wall Street Target
30 USD 23.92%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership IMAX Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
526 K USD 2
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 months ago
Apr 26, 2024
Sell 105 K USD
PABLO CALAMERA
CTO & EVP
- 6130
17.0518 USD
8 months ago
Mar 14, 2024
Sell 422 K USD
LISTER ROBERT D
Chief Legal & Sr Exec VP
- 25000
16.873 USD
1 year ago
Jul 28, 2023
Sell 66.7 K USD
PABLO CALAMERA
CTO & EVP
- 3516
18.98 USD
1 year ago
May 01, 2023
Sell 208 K USD
Tu Denny
Chief Marketing Officer
- 10000
20.8123 USD
1 year ago
May 01, 2023
Sell 211 K USD
Weissman Kenneth Ian
Deputy GC & Corp. Secretary
- 10000
21.1216 USD
1 year ago
May 01, 2023
Sell 2.09 M USD
GELFOND RICHARD L
Chief Executive Officer
- 100000
20.9472 USD
1 year ago
Mar 07, 2023
Sell 367 K USD
WELTON MARK
President, IMAX Theatres
- 20000
18.3488 USD
1 year ago
Mar 07, 2023
Sell 141 K USD
PABLO CALAMERA
CTO & EVP
- 7697
18.32 USD
1 year ago
Dec 02, 2022
Sell 104 K USD
Tu Denny
director: Chief Marketing Officer
- 6000
17.26 USD
2 years ago
Mar 16, 2022
Sell 109 K USD
Bassani Jacqueline
director: EVP & Chief People Officer
- 6000
18.1319 USD
2 years ago
Dec 02, 2021
Sell 92 K USD
WELTON MARK
President, IMAX Theatres
- 5542
16.5947 USD
2 years ago
Dec 02, 2021
Sell 87.1 K USD
WELTON MARK
President, IMAX Theatres
- 5249
16.5947 USD
2 years ago
Dec 01, 2021
Sell 162 K USD
WELTON MARK
President, IMAX Theatres
- 10016
16.17 USD
3 years ago
Nov 09, 2021
Sell 510 K USD
LISTER ROBERT D
Chief Legal & Sr Exec VP
- 25000
20.3944 USD
3 years ago
Jun 08, 2021
Sell 254 K USD
Colligan Megan
President, IMAX Entertainment
- 10916
23.29 USD
3 years ago
May 26, 2021
Sell 55 K USD
Weissman Kenneth Ian
Sr VP & Corporate Secretary
- 2500
22 USD
3 years ago
Mar 11, 2021
Sell 113 K USD
WELTON MARK
President, IMAX Theatres
- 5000
22.693 USD
3 years ago
Mar 08, 2021
Sell 36.3 K USD
Bassani Jacqueline
Chief People Officer
- 1559
23.28 USD
3 years ago
Mar 08, 2021
Sell 45.7 K USD
Tu Denny
Chief Marketing Officer
- 2000
22.8601 USD
3 years ago
Mar 09, 2021
Sell 47.1 K USD
Tu Denny
Chief Marketing Officer
- 2000
23.5359 USD
4 years ago
Mar 17, 2020
Bought 37.1 K USD
WELTON MARK
President, IMAX Theatres
+ 5000
7.417 USD
4 years ago
Mar 17, 2020
Bought 40.4 K USD
LISTER ROBERT D
Chief Legal & Sr Exec VP
+ 5000
8.0849 USD
4 years ago
Mar 17, 2020
Bought 196 K USD
GELFOND RICHARD L
Chief Executive Officer
+ 25000
7.8514 USD
4 years ago
Mar 09, 2020
Sell 81.9 K USD
Colligan Megan
President, IMAX Entertainment
- 5778
14.1817 USD
4 years ago
Mar 09, 2020
Sell 201 K USD
McClymont Patrick
CFO & EVP, Finance
- 14206
14.1817 USD
4 years ago
Mar 09, 2020
Sell 19.7 K USD
Dolci Giovanni M.
Head of Global Sales
- 1392
14.1817 USD
7. News
IMAX CEO on 'Glicked' & 2025 Box Office Richard Gelfond, IMAX CEO speaks with Scarlet Fu and Romaine Bostick about the weekend of Gladiator and Wicked release as well as the big box office year coming up in 2025. -------- More on Bloomberg Television and Markets Like this video? youtube.com - 1 day ago
JPMorgan Flags IMAX, H.B. Fuller, ZIM As Top Short Picks With Challenges JPMorgan has unveiled his latest picks for short positions, flagging three stocks — IMAX Corp IMAX, ZIM Integrated Shipping Services Ltd ZIM, and H.B. Fuller Company FUL— as potential downside plays. benzinga.com - 1 week ago
Why Imax (IMAX) is a Top Growth Stock for the Long-Term Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. zacks.com - 1 week ago
IMAX Corporation (IMAX) Hit a 52 Week High, Can the Run Continue? Imax (IMAX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. zacks.com - 1 week ago
Investing in Imax (IMAX)? Don't Miss Assessing Its International Revenue Trends Examine Imax's (IMAX) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock. zacks.com - 1 week ago
IMAX CEO: 2025 looks like an 'inflection year' IMAX (IMAX) shares surged on expectations of a record-setting 2025 after the company's third quarter. Results showed earnings growth despite revenue falling short of tough "Oppenheimer" comps. youtube.com - 2 weeks ago
IMAX Q3 Earnings Beat, Revenues Fall Y/Y on Box Office Slump IMAX's Q3 2024 results reflect the negative impacts of sluggish total revenues and box office performance, compounded by declining Greater China sales. zacks.com - 2 weeks ago
Imax (IMAX) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates Although the revenue and EPS for Imax (IMAX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 2 weeks ago
IMAX Corporation (IMAX) Q3 2024 Earnings Call Transcript IMAX Corporation (NYSE:IMAX ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Jennifer Horsley - Head-Investor Relations Richard Gelfond - Chief Executive Officer Natasha Fernandes - Chief Financial Officer Conference Call Participants Eric Handler - Roth Capital Chad Beynon - Macquarie David Karnovsky - JP Morgan Omar Mejias - Wells Fargo David Joyce - Seaport Research Partners Patrick Sholl - Barrington Research Stephen Laszczyk - Goldman Sachs Mike Hickey - The Benchmark Company Operator Good day and thank you for standing by. Welcome to the Q3 2024 IMAX Corporation's Earnings Call. seekingalpha.com - 2 weeks ago
Imax (IMAX) Beats Q3 Earnings Estimates Imax (IMAX) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.35 per share a year ago. zacks.com - 2 weeks ago
Imax CEO Anticipates Record $1.2 Billion Of Global Box Office Grosses In 2025 As Solid Q3 Weathers Tough Comps From ‘Oppenheimer' Imax share nosed higher in after-market trading, up over 3% on solid numbers, new installations, and a roaring good outlook by CEO Rich Gelfond. Content revenues of $30 million fell 32% year-over-year, up against Christopher Nolan's phenomenon Oppenheimer — the company's fifth highest grossing title of all time — in the year prior. deadline.com - 2 weeks ago
Will Imax (IMAX) Beat Estimates Again in Its Next Earnings Report? Imax (IMAX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 4 weeks ago
8. Profile Summary

IMAX Corporation IMAX

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COUNTRY CA
INDUSTRY Entertainment
MARKET CAP $ 1.28 B
Dividend Yield 0.00%
Description IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company worldwide. It offers cinematic solution through proprietary software, theater architecture, intellectual property, and specialized equipment. The company offers IMAX Digital Re-Mastering (DMR), a proprietary technology that digitally enhances the image resolution, visual clarity, and sound quality of motion picture films for projection on IMAX screens; IMAX theater systems to exhibitor customers through sales, leases, and joint revenue sharing arrangements; and digital projection systems. It also provides preventative and emergency maintenance services to IMAX network; distributes large-format documentary films; film post-production and quality control services for large-format films, and digital post-production services; owns and operates IMAX theaters; and rents 2D and 3D large-format film and digital cameras, as well as offers production advice and technical assistance services to documentary and Hollywood filmmakers. 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 owns or otherwise has rights to trademarks and trade names, which include IMAX, IMAX Dome, IMAX 3D, IMAX 3D Dome, Experience It in IMAX, The IMAX Experience, An IMAX Experience, An IMAX 3D Experience, IMAX DMR, DMR, IMAX Enhanced, IMAX nXos, and Films To The Fullest. As of December 31, 2021, the company had a network of 1,683 IMAX theater systems comprising 1,599 commercial multiplexes, 12 commercial destinations, and 72 institutional facilities operating in 87 countries and territories. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.
Contact 2525 Speakman Drive, Mississauga, ON, L5K 1B1 https://www.imax.com
IPO Date June 10, 1994
Employees 669
Officers Ms. Heather Anthony Head of Enterprise Transformation Mr. Giovanni M. Dolci Chief Sales Officer Ms. Jennifer Horsley Senior Vice President & Head of Investor Relations Mr. Graeme Ferguson Co-Founder Mr. Mark Jafar Global Head of Corporate Communications Mr. Mark Welton President of IMAX Global Theatres Mr. Daniel Wade Manwaring Chief Executive Officer of IMAX China Ms. Natasha Fernandes Executive Vice President & Chief Financial Officer Mr. Pablo Calamera Executive Vice President & Chief Technology Officer Mr. Robert Darin Lister Chief Legal Officer & Senior EVice President