IMAX Q4 net income up 112% to $5M; Chinese New Year record $130M+ boosts 2025 outlook

IMAX CORP

2024-FY EPS reported $0.48 revenue$352,208,000

Q4 net income $5M (+112% YoY), EPS $0.10 (+100%), adjusted EPS $0.27 (+59%).
Q4 Total Adjusted EBITDA $37M (+48% YoY) at 40% margin; FY2024 Adj. EBITDA $139M (-4%) at 39.4% margin.
2024 system installations 146 (high-end of 120-150 guidance); 2025 guidance: box office >$1.2B record, 145-160 installations.
Chinese New Year box office $130M+ (up 90% from prior best); 'Ne Zha 2' becomes highest-grossing IMAX release in China ever.
Strong 2025 slate including more 'Filmed for IMAX' releases and Netflix deal for Greta Gerwig's 'Narnia'.

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