IMAX Q1 2023 Earnings — IMAX Corporation Revenue & Financial Results | Market Cap Arena

IMAXIMAX Corporation

$2B

Q1 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$87M+44.8% YoY

Gross Profit

$50M57.6% margin

Operating Income

$11M13.1% margin

Net Income

$2M2.8% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-11.3%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$17M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$822M

Total Liabilities

$488M

Stockholders' Equity

$264M

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$60M	+44.8%
Gross Profit	$50M	$32M	+57.5%
Operating Income	$11M	-$8M	+241.9%
Net Income	$2M	-$14M	+118.0%

Revenue Segments

Service

$47M54%

Technology Rentals

$20M23%

Technology Sales

$18M20%

Finance Income

$2M2%

Geographic Segments

UNITED STATES

$27M31%

Greater China

$27M31%

Asia Excluding Greater China

$11M12%

Western Europe

$10M12%

CANADA

$7M8%

Rest Of World

$4M4%

Latin America

$2M2%