earnings
confidence high
sentiment positive
materiality 0.75
IMAX Q1 revenue +45%, EBITDA +84%; system signings 63 YTD exceed all of 2022's 47
IMAX CORP
2023-Q1 EPS reported
$0.04
revenue$86,946,000
- Q1 revenue increased 45% YoY; gross margin up 58%; adjusted EBITDA up 84%.
- Global box office hit record $273M for Q1; highest Q1 market share ever.
- Year-to-date system signings of 63, surpassing the 47 signed in all of 2022.
- Cash from operations improved to $21.2M from ($3.8M) in Q1 2022.
- Strong upcoming slate includes 'Guardians of the Galaxy Vol. 3', 'Fast X', 'The Flash', etc.