secwatch.observer — SEC 8-K summary
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Issuer:     IMAX CORP (IMAX)
CIK:        0000921582
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000950170-22-006536
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IMAX Q1 revenue $60M (+55% YoY); net loss $13.6M includes $6.9M Russia provision
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- Global box office $173.2M (+57% YoY); domestic market share record 4.7%.
- Revenue $60.0M (55% YoY); gross margin $31.8M (53% margin); Adjusted EBITDA $14.8M (up 429% YoY).
- Net loss attributable to common $13.6M ($0.23/share); adjusted net loss $8.2M ($0.14/share).
- Non-cash provision of $6.9M for Russia receivables due to Ukraine conflict; Russia ~3% of annual box office.
- IMAX China network ~65% open (up from 52%); new deals signed in Japan and Thailand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/921582/000095017022006536/0000950170-22-006536-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/921582/000095017022006536/imax-20220428.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-006536

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer