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Imax IMAX Q2 2024 earnings

Reported July 25, 2024 · Before market open

Revenue$89.0MMiss by $5.6M
EPS$0.18Beat by $0.12
Revenue estimate$94.6M
EPS estimate$0.06

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$119.0M
EPS estimate$0.53

Financials

Q2 2024

Income statement

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Revenue$89.0M-9.2%
Gross profit$43.9M-24.1%
Operating income$2.9M-79.8%
Net income$3.6M-57.1%
EPS (diluted)$0.07-53.3%

Balance sheet

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Cash & equivalents$91.6M-3.9%
Total debt$12.2M-14.4%
Total equity$267.2M-1.3%
Total assets$827.4M+1.4%

Cash flow

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Operating cash flow$35.0M+656%
CapEx$1.6M+146%
Free cash flow$33.5M+738%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$880.44M-5.1%
Enterprise value$801.1M-5.4%
P/E41.2×
P/S2.5×-0.2×

Profitability

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Gross margin55.1%+1.5pp
Operating margin11.1%
Net margin6%
FCF margin13.6%+1.7pp

Returns & leverage

See full
Return on equity8%
Debt / equity0.0×

Segments

By geography

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Greater China$22.8M+19.0%
Western Europe$10.5M-34.1%
Asia (excluding Greater China)$9.6M-51.6%
Rest of the World$2.4M-28.7%
Latin America$2.3M-45.0%

By product

See full
Image enhancement and maintenance services$52.2M
Technology sales$20.4M-30.4%
Technology rentals$14.0M-28.2%
Finance income$2.3M+4.7%

By segment

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Technology Products and Services Segment$50.9M-20.4%
Content Solutions$35.1M+12.1%
All Other$3.0M

Versus estimates

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Questions, answered.

When did Imax report Q2 2024 earnings?
Imax (IMAX) reported Q2 2024 earnings on July 25, 2024 before market open.
What were Imax's Q2 2024 revenue and EPS?
Imax reported revenue of $89.0M and eps of $0.18 for Q2 2024.
Did Imax beat estimates in Q2 2024?
Revenue missed the consensus estimate of $94.6M by $5.6M. EPS beat the consensus estimate of $0.06 by $0.12.
Where can I find Imax's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0000921582-24-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.