Jose Zlatar
On April 23, 2025, the Board of Directors of IMAX Corporation (the “Company”) appointed Jose Zlatar, the Company’s Senior Vice President, Finance, to the role of principal accounting officer, effective April 30, 2025.
Highest-materiality recent filing
IMAX say-on-pay vote receives 32% dissent; all directors elected at 2026 AGM
All 10 director nominees elected with majority support; broker non-votes ranged from 1,937,310 to 1,937,312.
IMAX Q1 net income up 83% YoY; box office $260M; reaffirms FY $1.4B guidance
Q1 global box office $260M; North America +75%, Rest of World (ex-China) +60% YoY.
IMAX appoints Robert Lister interim PEO while CEO Gelfond on medical leave through May 1
CEO Richard Gelfond on temporary medical leave of absence since March 30, 2026.
IMAX CEO Richard Gelfond on temporary medical leave for pneumonia; senior execs assume duties
CEO Richard Gelfond on temporary medical leave due to pneumonia, recovering, not participating in events.
Record revenue of $410M (+16% YoY); net income margin 11%; adjusted EBITDA margin 45%.
IMAX issues $250M 0.75% convertible notes due 2030, repurchases $229.7M of 2026 notes
Issued $250M aggregate principal of 0.750% Convertible Senior Notes due 2030 (including $30M greenshoe).
IMAX Q3 2025: revenue $106.7M record; global box office $368M (+50% YoY); EPS up >30%
Record Q3 revenue $106.7M; net income margin 21%; adjusted EBITDA margin 49%.
IMAX Q2 net income +25% YoY; box office +41%; record North American $143M
Net income, Adjusted EBITDA, EPS, and Adjusted EPS all up >25% YoY; net income margin 13% (+760 bps).
IMAX extends CEO Gelfond's contract to Dec 2028 with increased equity awards
Term extended to December 31, 2028; base salary remains $1.2 million annually.
IMAX enters new $375M credit facility maturing 2030 with accordion to $515M
New Seventh Amended and Restated Credit Agreement increases revolving borrowing capacity to $375M.
IMAX expands share buyback by $100M to $500M; extends program to mid-2027
IMAX increased share repurchase authorization by $100M; total now $500M with ~$250M remaining.
IMAX appoints Jose Zlatar as principal accounting officer effective April 30, 2025
Jose Zlatar, currently SVP Finance, becomes principal accounting officer; CFO Natasha Fernandes remains principal financial officer.
IMAX Q1 revenue $87M (+10% YoY), net income $8M (+52% YoY), box office record $298M
Q1 revenues $87M (+10% YoY); net income $8M (+52% YoY) at 9% margin.
IMAX Q4 net income up 112% to $5M; Chinese New Year record $130M+ boosts 2025 outlook
Q4 net income $5M (+112% YoY), EPS $0.10 (+100%), adjusted EPS $0.27 (+59%).
IMAX partners with Netflix for exclusive two-week 'Narnia' theatrical run in 2026
Greta Gerwig's 'Narnia' to debut exclusively on IMAX for two weeks starting Thanksgiving 2026.
IMAX Q3 2024: Net income $14M (+16% YoY), installs up 63%, signs 119 systems to date
Diluted EPS of $0.26 (+18% YoY); adjusted EPS of $0.35 matches Q3 record.
IMAX principal accounting officer resigns effective Oct 31, CFO to serve as interim
Elizabeth Gitajn, SVP Finance & Controller and principal accounting officer, resigns effective Oct 31, 2024.
IMAX Q2 2024: Revenue $89M, Net Income $3.6M; Raises FY installation guidance to 130-150 systems
Revenue $89M, Net Income $3.6M, EPS $0.07; Adjusted EPS $0.18, Adjusted EBITDA $31M.
IMAX held 2024 AGM; all 10 director nominees elected, say-on-pay passes with 27% against
All 10 director nominees elected: Gail Berman, Eric Demirian, Kevin Douglas, Richard Gelfond, David Leebron, Michael MacMillan, Steve Pamon, Dana Settle, Darren Throop, Jennifer Wong.
IMAX Q1 revenue $79M, net income up 33% YoY, EBITDA margin 40.5%
Revenue of $79M; Net Income $3.3M, up 33% YoY; Total Adjusted EBITDA Margin 40.5% (+300 bps YoY).
IMAX FY23 net income $25M vs FY22 loss; adj EPS $0.94, up from $0.06
Full-year GAAP EPS $0.46 (vs loss of $0.40 in FY22); adjusted EPS $0.94 (vs $0.06).
IMAX Q3: Revenue +51% YoY, record adj EBITDA $45M, net income $12M
Revenue +51% YoY; gross margin +98%; adj EBITDA +174% to record $45M (47% margin).
IMAX Q2 2023 revenue up 32% YoY; signs 84 systems YTD vs 47 in all 2022
Revenue +32% YoY; gross margin +31%; adjusted EBITDA +29% (non-GAAP).
IMAX offers HK$10/share to acquire remaining 28.4% of IMAX China, ~49% premium to 30-day average
Total consideration ~HK$965M ($124M) for 96.3M shares not already owned; HK$10 per share in cash.
IMAX extends share-repurchase program through June 2026; shareholders reject say-on-pay
Share-repurchase program extended 3 years to June 30, 2026; $191.5M of $400M authorization remains available.
IMAX Q1 revenue +45%, EBITDA +84%; system signings 63 YTD exceed all of 2022's 47
Q1 revenue increased 45% YoY; gross margin up 58%; adjusted EBITDA up 84%.
IMAX Corporation changes segment reporting to Content Solutions and Technology Products and Services
Effective Q1 2023, IMAX updated reportable segments to two: Content Solutions and Technology Products and Services.
IMAX President of Entertainment Megan Colligan to depart April 30, 2023
Megan Colligan, President of IMAX Entertainment and EVP, leaving effective April 30, 2023.
IMAX appoints Gail Berman and Jen Wong to Board of Directors, expanding to 10 members
Board expanded from 8 to 10 with appointment of Gail Berman (CEO, The Jackal Group) and Jen Wong (COO, Reddit) effective March 6, 2023.
IMAX appoints Elizabeth Gitajn as principal accounting officer effective March 6, 2023
Gitajn joins as SVP, Finance & Controller; previously VP Risk Management at Hudbay Minerals (2015-2023).
IMAX announces Q4 and full-year 2022 earnings; specific figures not in provided text
Results cover the quarter and year ended December 31, 2022.
IMAX board adopts bylaw amendment aligning with SEC Universal Proxy Rules
Amendment updates director nomination procedures per Rule 14a-19.
Kevin Delaney, SVP Finance & Controller and principal accounting officer, resigns effective Jan 27, 2023 to pursue another professional opportunity.
IMAX reports Q3 2022 results; specific figures not in provided filing excerpt
Press release for quarter ended Sep 30, 2022 was issued on Oct 31, 2022 as Exhibit 99.1.
IMAX acquires SSIMWAVE for $21M cash and stock; adds AI video quality solutions for streaming
Total consideration up to ~$25M: $18.5M cash, $2.5M stock (160,547 shares), plus $4M earnout tied to milestones.
IMAX extends CEO Richard Gelfond's employment agreement to Dec 31, 2025
Second amendment effective Jan 1, 2023 extends term to Dec 31, 2025.
IMAX increases share-repurchase program by $200M to $400M total authority
Board authorized $200M increase, raising total buyback authority to $400M through June 30, 2023.
IMAX releases Q2 2022 earnings; no details in filing body
Press release for quarter ended June 30, 2022 furnished as Exhibit 99.1.
IMAX extends $200M share-repurchase program through June 2023; $26.2M remains
12-month extension of share-repurchase program through June 30, 2023, effective July 1, 2022.
IMAX shareholders reject advisory say-on-pay at 2022 annual meeting
Say-on-pay failed: 22,542,950 against vs. 21,392,843 for, with 876,108 abstentions.
IMAX appoints Natasha Fernandes CFO effective May 1, 2022 with detailed compensation terms
Base salary of CAD $460,161.37, increasing to CAD $500,000 on April 1, 2023.
IMAX Q1 revenue $60M (+55% YoY); net loss $13.6M includes $6.9M Russia provision
Global box office $173.2M (+57% YoY); domestic market share record 4.7%.
IMAX promotes Natasha Fernandes to CFO, effective May 1, 2022
Natasha Fernandes appointed CFO effective May 1, succeeding interim CFO Joseph Sparacio.
IMAX enters $300M revolving credit facility maturing March 2027
Facility provides $300M revolving capacity, expandable to $440M via accordion.
IMAX Corporation Reports 2021 Full Year and Q4 Financial Results
Press release issued on February 23, 2022, covering financial and operating results for the quarter and year ended December 31, 2021.
IMAX reports Q3 2021 results; no specific figures provided in filing
Press release dated October 28, 2021, attached as Exhibit 99.1, contains financial and operating results for the quarter ended September 30, 2021.
IMAX amends credit agreement to allow $30M in share repurchases, increases China buyback limit
Amendment adds $30M in permitted share repurchases for IMAX, subject to $300M minimum liquidity covenant.
IMAX reports Q2 2021 financial results; specific figures not available in filing text
Filing indicates earnings press released on July 27, 2021, for quarter ended June 30, 2021.
On April 23, 2025, the Board of Directors of IMAX Corporation (the “Company”) appointed Jose Zlatar, the Company’s Senior Vice President, Finance, to the role of principal accounting officer, effective April 30, 2025.
Natasha Fernandes, the Company’s Chief Financial Officer and Executive Vice President, will assume the role and responsibilities of principal accounting officer on an interim basis effective as of Ms. Gitajn’s departure until a replacement is identified.
On September 11, 2024, Elizabeth Gitajn, Senior Vice President, Finance & Controller and principal accounting officer of IMAX Corporation (the “Company”), notified the Company of her intent to resign from her position effective October 31, 2024 to accept another professional opportunity.
On March 13, 2023, IMAX Corporation (the “Company”) and Megan Colligan, President, IMAX Entertainment and Executive Vice President of the Company agreed to conclude Ms. Colligan’s employment with the Company, effective April 30, 2023.
appointed Gail Berman, the Chairman and Chief Executive Officer of The Jackal Group, and Jen Wong, the Chief Operating Officer of Reddit, Inc., as directors of the Board effective immediately
appointed Gail Berman, the Chairman and Chief Executive Officer of The Jackal Group, and Jen Wong, the Chief Operating Officer of Reddit, Inc., as directors of the Board effective immediately
On February 22, 2023, the Board of Directors of IMAX Corporation (the “Company”) appointed Elizabeth Gitajn, age 57, as the Company’s principal accounting officer effective March 6, 2023 (the “Effective Date”).
Natasha Fernandes, the Company’s Chief Financial Officer and Executive Vice President, will assume the role and responsibilities of principal accounting officer on an interim basis effective as of Mr. Delaney’s departure until a permanent replacement is identified.
On December 6, 2022, Kevin Delaney, Senior Vice President, Finance & Controller and principal accounting officer of IMAX Corporation (the “Company”), notified the Company of his intent to resign from his position effective January 27, 2023 to pursue another professional opportunity.
On April 19, 2022, IMAX Corporation (the “Company”) filed a Current Report on Form 8-K with the Securities and Exchange Commission reporting the appointment of Natasha Fernandes as the Company’s Chief Financial Officer, effective as of May 1, 2022.
On April 30, 2022, Joseph Sparacio will conclude his role as Interim Chief Financial Officer and Principal Financial Officer of IMAX Corporation (the “Company”).
The Board of Directors of the Company appointed Natasha Fernandes as the Company’s Chief Financial Officer, effective May 1, 2022.
Max materiality 0.85 · Median 0.60 · Most common event earnings