Imax Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 5.31
Dividend & YieldN/A$ (N/A)
Beta 1.37
Market capitalization 1.03B
Operating cash flow 17.32M
ESG Scores unknown

Company description

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.

Sector: Communication Services - Industry: Entertainment

Financial Ratios
Quick Ratio3.88
Working Capital-0.06
Return On Equity-0.06
Debt To Equity0.64
Fixed Asset Ratio0.03
Fixed Interest Cover0.75

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -12.24M -6.64M -6.59M -11.57M
Total Cashflows From Investing Activities -65.99M -9.26M -7k -53.29M
Net Borrowings -20M 287.61M -80.33M 33.32M
Total Cash From Financing Activities -57.12M 240.57M -132.72M -58.51M
Change To Operating Activities -50.45M -32.3M -17.16M -18.8M
Issuance Of Stock 2.4M 883k 883k
Net Income 46.87M -143.78M -22.33M -22.8M
Change In Cash -32.11M 207.9M -127.67M -92.31M
Effect Of Exchange Rate 630k -406k -1.01M 2.17M
Total Cash From Operating Activities 90.38M -23.01M 6.07M 17.32M
Depreciation 43.8M 43.87M 39.77M 39.78M
Change To Account Receivables -8.62M 33.6M -52.45M -29M
Other Cashflows From Financing Activities -22.44M -6.82M -35.7M -8.03M
Change To Netincome 49.39M 70.87M 34.56M 45.18M
Capital Expenditures -47.91M -7.35M -13.68M -28.23M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development 5.2M 5.72M 6.94M 5.3M
Income Before Tax 75.34M -130.98M 10.99M -9.77M
Net Income 46.87M -143.78M -22.33M -22.8M
Selling General Administrative 124.19M 115.08M 120.69M 138.9M
Gross Profit 216.38M 22.32M 133.87M 157.23M
Ebit 79.6M -122.48M 5.32M -347k
Operating Income 79.6M -122.48M 5.32M -347k
Interest Expense -2.79M -7.01M -7.09M -5.88M
Income Tax Expense 16.77M 26.5M 20.56M 10.11M
Total Revenue 395.66M 137M 254.88M 300.81M
Cost Of Revenue 179.28M 114.68M 121.01M 143.58M
Total Other Income ExpenseNet -4.26M -8.5M 5.67M -9.42M
Net Income From Continuing Ops 58.57M -157.49M -9.58M -19.88M
Net Income Applicable To Common Shares 46.87M -143.78M -22.33M -22.8M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 245.97M 532.98M 452.88M 491.39M
Total Stockholder Equity 547.69M 394M 356.08M 263.36M
Other Current Liabilities 1.87M 2.8M 5.21M 4.5M
Total Assets 889.07M 997.75M 883.25M 821.15M
Common Stock 423.39M 407.03M 409.98M 376.71M
Other Current Assets 602k 1.98M 184k 50k
Retained Earnings -40.25M -202.85M -231.04M -289.19M
Treasury Stock 164.56M 189.82M 177.15M 175.83M
Cash 109.48M 317.38M 189.71M 97.4M
Total Current Liabilities 88.84M 85.98M 110.35M 122.55M
Other Stockholder Equity 168.6M 189.83M 177.15M 175.83M
Property, Plant, and Equipment 306.85M 277.4M 260.35M 252.9M
Total Current Assets 365.19M 536.19M 455.23M 395.17M
Net Tangible Assets 478.32M 328.73M 293.98M 177.8M
Net Receivables 201.88M 166.83M 226.61M 253.84M
Accounts Payable 20.41M 20.84M 15.94M 25.24M


Insider Transactions

Here are the insider transactions of stock shares related to Imax Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
GELFOND RICHARD LD2023-01-04Chief Executive Officer159.54k
TU DENNYSale at price 17.26 per share.D2022-12-02Officer6k
WELTON MARKD2022-12-01Officer14.01k
WEISSMAN KENNETH IAND2022-12-01Officer2k
COLLIGAN MEGAND2022-12-01Officer14.45k
DOLCI GIOVANNI MD2022-12-01Officer1.75k
TU DENNYD2022-12-01Officer2.5k
FERNANDES NATASHAD2022-12-01Chief Financial Officer751
GELFOND RICHARD LStock Gift at price 0.00 per share.D2022-11-16Chief Executive Officer15k
DOUGLAS KEVIN GStock Award(Grant) at price 0.00 per share.D2022-06-10Director and Beneficial Owner of more than 10% of a Class of Security7.35k
SETTLE DANA RD2022-06-10Director7.35k
LEEBRON DAVID WD2022-06-10Director7.35k
DEMIRIAN ERICD2022-06-10Director7.35k
MACMILLAN MICHAELD2022-06-10Director7.35k
THROOP DARREN D.D2022-06-10Director9.99k
PAMON STEVED2022-06-10Director7.35k
SPARACIO JOSEPHD2022-04-29Chief Financial Officer4.95k
BASSANI JACQUELINESale at price 18.13 per share.D2022-03-16Officer6k
LISTER ROBERT DD2022-03-07Officer69.63k
WELTON MARKD2022-03-07Officer56.83k
DELANEY KEVIN MD2022-03-07Officer6.12k
WEISSMAN KENNETH IAND2022-03-07Officer8.76k
COLLIGAN MEGAND2022-03-07Officer67.56k
DOLCI GIOVANNI MD2022-03-07Officer8.61k
TU DENNYD2022-03-07Officer14.22k
BASSANI JACQUELINED2022-03-07Officer17.18k
GELFOND RICHARD LD2022-01-04Chief Executive Officer108.16k
SPARACIO JOSEPHD2021-12-31Chief Financial Officer29.76k
BASSANI JACQUELINED2021-12-13Officer10.64k
WELTON MARKSale at price 16.17 - 16.59 per share.D2021-12-02Officer20.81k
WELTON MARKStock Award(Grant) at price 0.00 per share.D2021-12-01Officer10.79k
WELTON MARKConversion of Exercise of derivative security at price 15.92 per share.D2021-12-01Officer10.79k
WEISSMAN KENNETH IAND2021-12-01Officer2.16k
DOLCI GIOVANNI MD2021-12-01Officer1.62k
TU DENNYD2021-12-01Officer1.62k
LISTER ROBERT DSale at price 20.39 per share.D2021-11-09Officer25k
DOUGLAS KEVIN GStock Award(Grant) at price 0.00 per share.I2021-06-10Director and Beneficial Owner of more than 10% of a Class of Security5.58k
SETTLE DANA RD2021-06-10Director5.58k
LEEBRON DAVID WD2021-06-10Director5.58k
DEMIRIAN ERICD2021-06-10Director5.58k
MACMILLAN MICHAELD2021-06-10Director5.58k
THROOP DARREN D.D2021-06-10Director7.6k
PAMON STEVED2021-06-10Director5.58k
COLLIGAN MEGANSale at price 23.29 per share.D2021-06-08Officer10.92k
WEISSMAN KENNETH IANSale at price 22.00 per share.D2021-05-26Officer2.5k
WELTON MARKSale at price 22.69 per share.D2021-03-11Officer5k
TU DENNYSale at price 22.86 - 23.54 per share.D2021-03-09Officer4k
GELFOND RICHARD LStock Gift at price 0.00 per share.D2021-03-08Chief Executive Officer10k
BASSANI JACQUELINESale at price 23.28 per share.D2021-03-08Officer1.56k
LISTER ROBERT DD2021-03-05Officer55.94k
WELTON MARKD2021-03-05Officer44.25k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Imax Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Imax Corp

Here is the result of two systematic investment strategies applied to Imax Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Imax Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Imax Corp:

Imax Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 3.92% on the backtest period.

Performance at glance

Performance

3.92 %

Latent gain

88.3 $

Invested capital

2253.98 $

Annualized return

0.95 %
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Momentum strategy results on Imax Corp

This is the result of two momentum investment strategies applied to Imax Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Imax Corp

The following chart shows all the entries opened by the momentum investment system on Imax Corp:

Imax Corp momentum entries
  • The first momentum investment strategy would give 2.76% of return on Imax Corp. That represents 131.19$ of latent gain with 4750.05$ of employed capital.
  • The second momentum investment strategy would give -3.75% of return on Imax Corp. That represents -102.99$ of latent gain with 2749.23$ of employed capital.
Performance at glance (1Q Momentum)

Performance

2.76 %

Latent gain

131.19 $

Invested capital

4750.05 $

Annualized return

11.06 %
Performance at glance (2Q Momentum)

Performance

-3.75 %

Latent gain

-102.99 $

Invested capital

2749.23 $

Annualized return

-1.02 %

Momentum equity curve on Imax Corp

The following chart shows the equity curve of the two momentum strategies applied to Imax Corp:

Imax Corp momentum equity

Note: the dividends potentially given by Imax Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Imax Corp

The following chart shows the employed capital evolution of the two momentum strategies on Imax Corp since the beginning:

Imax Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Imax Corp

Buy the dip entry openings on Imax Corp

Imax Corp

The performance achieved by the robo-advisor on Imax Corp is 23.66%. That represents 297.6$ of latent gain with 1257.96$ of employed capital. The following chart shows Imax Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Imax Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

23.66 %

Latent gain

297.6 $

Invested capital

1257.96 $

Annualized return

11.06 %

Equity curve of the strategy applied to Imax Corp

The following chart shows the result of the investment strategy applied to Imax Corp:

Imax Corp

Note: the dividends potentially given by Imax Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Imax Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Imax Corp:

Imax Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Imax Corp

In this section, I will compare the three previous investment strategies applied to Imax Corp.

Equity curve comparison on Imax Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Imax Corp investment strategy comparison

Employed capital comparison on Imax Corp

Imax Corp investment comparison

Performance comparison on Imax Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 3.92% 88.3$ 2253.98$ 0.95%
Momentum 1 quarter 2.76% 131.19$ 4750.05$ 0.71%
Momentum 2 quarters -3.75% -102.99$ 2749.23$ -1.02%
Non-directional 23.66% 297.6$ 1257.96$ 11.06%
Annualized return comparison

Automatic investment

0.95 %

Momentum 1Q

-1.02 %

Momentum 2Q

-1.02 %

Non-directional

11.06 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Imax Corp:

Note: The algorithm computes the probability of correlation between Imax Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Imax Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Imax Corp
Country Canada
City Mississauga
Address 2525 Speakman Drive
Phone 905 403 6500
Website www.imax.com
FullTime employees 779
Industry Entertainment
Sector Communication Services
Exchange XNYS
Ticker IMAX
Market www.nyse.com

Imax Corp ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown