IMAX Imax
IMAX Corp. is an entertainment technology company, which engages in the business of motion picture technologies and presentations. It operates through following four business segments: Network Business, Theater Business, New Business, and Other. The Network Business segment represents box office results and which includes the reportable segment of IMAX DMR and contingent rent from the joint revenue sharing arrangements and IMAX systems segments. The Theater Business segment includes the sale and installation of theater systems and maintenance services, primarily related to the IMAX Systems and Theater System Maintenance. The New Business segment involves content licensing and distribution fees associated with the firm’s original content investments, virtual reality initiatives, IMAX Home Entertainment, and other business initiatives that are in the development and/or start-up phase. The Other segment refers to certain IMAX theaters that the company owns and operates, camera rentals and other miscellaneous items. The company was founded by Graeme Ferguson, Roman Kroitor, Robert P. Kerr and William Shaw in 1967 and is headquartered in Mississauga, Canada.
Company profile
Ticker
IMAX
Exchange
Website
CEO
Richard Gelfond
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Eastman Kodak • GoPro • Ballantyne Strong • Ikonics • Hawkeye Systems • Life Clips • Canon • MOVING iMAGE ...
SEC CIK
Corporate docs
IRS number
980140269
IMAX stock data
()
News
IMAX Raises $200M Via Convertible Senior Notes Offering
17 Mar 21
66 Biggest Movers From Yesterday
17 Mar 21
Why Some Are Speculating MoviePass Could Be Coming Back From The Dead
16 Mar 21
45 Stocks Moving In Tuesday's Mid-Day Session
16 Mar 21
"Avatar" Re-Release in China Earnsed $6.2M at IMAX Theaters this Weekend; Avatar Remains Highest Grossing Imax Film of All Time
14 Mar 21
Press releases
IMAX Stomps to Biggest Domestic Opening in Over a Year with $4.5 Million for "Godzilla vs. Kong"
4 Apr 21
Brad Wechsler to Step Down as Chairman of IMAX Corporation
30 Mar 21
IMAX Roars to Biggest Hollywood Opening in More Than a Year with $12.4 Million International Debut of "Godzilla vs. Kong"
28 Mar 21
IMAX Corporation Prices $200 Million Convertible Senior Notes Offering
17 Mar 21
IMAX Corporation Announces Proposed Convertible Senior Notes Offering
15 Mar 21
Calendar
4 Mar 21
13 Apr 21
31 Dec 21
Financial summary
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Financial data from Imax earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 317.38M | 317.38M | 317.38M | 317.38M | 317.38M | 317.38M |
| Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 4.83M | 10.15M | (positive/no burn) | 1.92M |
| Cash used (since last report) | n/a | n/a | 16.59M | 34.87M | n/a | 6.59M |
| Cash remaining | n/a | n/a | 300.79M | 282.51M | n/a | 310.79M |
| Runway (months of cash) | n/a | n/a | 62.3 | 27.8 | n/a | 162.1 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 Mar 21 | Welton Mark | common shares | Sell | Dispose S | No | No | 22.693 | 5,000 | 113.47K | 41,475 |
| 8 Mar 21 | Gelfond Richard L | common shares | Gift | Dispose G | No | No | 0 | 10,000 | 0 | 340,901 |
| 7 Mar 21 | Dolci Giovanni M. | common shares | Payment of exercise | Dispose F | No | No | 24.59 | 2,735 | 67.25K | 9,041 |
| 7 Mar 21 | Dolci Giovanni M. | common shares | Option exercise | Aquire M | No | No | 0 | 2,948 | 0 | 11,776 |
| 7 Mar 21 | Dolci Giovanni M. | common shares | Option exercise | Aquire M | No | No | 0 | 1,458 | 0 | 8,828 |
| 7 Mar 21 | Dolci Giovanni M. | common shares | Option exercise | Aquire M | No | No | 0 | 1,349 | 0 | 7,370 |
| 7 Mar 21 | Dolci Giovanni M. | restricted share units common shares | Grant | Aquire A | No | No | 0 | 10,691 | 0 | 10,691 |
| 7 Mar 21 | Dolci Giovanni M. | restricted share units common shares | Option exercise | Dispose M | No | No | 0 | 2,948 | 0 | 5,896 |
| 7 Mar 21 | Dolci Giovanni M. | restricted share units common shares | Option exercise | Dispose M | No | No | 0 | 1,458 | 0 | 3,210 |
| 7 Mar 21 | Dolci Giovanni M. | restricted share units common shares | Option exercise | Dispose M | No | No | 0 | 1,349 | 0 | 1,618 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
69.5% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 130 |
| Opened positions | 27 |
| Closed positions | 29 |
| Increased positions | 29 |
| Reduced positions | 55 |
13F shares |
Current |
|---|---|
| Total value | 966.49M |
| Total shares | 40.97M |
| Total puts | 236.6K |
| Total calls | 278.4K |
| Total put/call ratio | 0.8 |
Largest owners |
Shares | Value |
|---|---|---|
| Douglas Kevin | 3.83M | $69.02M |
| IVZ Invesco | 3.26M | $58.79M |
| BEN Franklin Resources | 2.77M | $49.97M |
| BLK Blackrock | 2.77M | $49.89M |
| Dimensional Fund Advisors | 1.96M | $35.25M |
| Renaissance Technologies | 1.86M | $33.6M |
| Primecap Management | 1.85M | $33.31M |
| Massachusetts Financial Services | 1.64M | $29.51M |
| Nantahala Capital Management | 1.62M | $29.16M |
| FMR | 1.54M | $27.83M |
Content analysis
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H.S. junior Bad
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New words:
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Removed:
accommodate, age, aged, Alita, Angel, annuity, anticipating, antidilutive, approve, arose, attributed, automatic, Battle, BEAT, Beautiful, begun, Black, bond, budget, cancelled, carryforward, carryover, categorized, chart, closely, coincident, collectability, collectible, concentrated, conclude, consecutive, constructed, CSSBP, Dalian, deductibility, deductible, deliverable, demonstrate, demonstrating, disclosing, discrete, documentation, doubtful, driven, environmental, episodic, expensing, externally, fall, FDII, forecasting, forfeit, forfeiture, forma, GILTI, grossed, Guaranty, guideline, hierarchy, hourly, imposing, initiation, intensively, isolating, judgement, leasing, library, lifetime, list, loan, low, Madagascar, main, Mandarin, Marvel, matching, measuring, minimal, Montreal, mortality, moveable, multinational, nominal, numerator, obsolescence, occurring, OCI, offered, owe, Pacific, parent, PBGC, percent, phase, Planet, population, precision, presently, pro, professional, proposed, provisional, qualitative, realizability, reclassification, recoup, redeployed, reimbursed, relieved, renegotiated, renegotiation, resemble, retired, reversed, reversing, roll, SAB, segmented, separating, setting, simplify, Simplifying, steady, step, Story, straight, stream, strike, stronger, sublease, subtract, suggest, supplier, track, transparency, uncollectability, uncollectible, understand, undistributed, unearned, unforeseeable, utilization, variability, vehicle, venue, West, yield
Financial reports
10-K
2020 FY
Annual report
4 Mar 21
10-Q
2020 Q3
Quarterly report
29 Oct 20
10-Q
2020 Q2
Quarterly report
28 Jul 20
10-Q
2020 Q1
Quarterly report
30 Apr 20
10-K
2019 FY
Annual report
19 Feb 20
10-Q
2019 Q3
Quarterly report
31 Oct 19
10-Q
2019 Q2
Quarterly report
30 Jul 19
10-Q
2019 Q1
Quarterly report
26 Apr 19
10-K
2018 FY
Annual report
26 Feb 19
10-Q
2018 Q3
Quarterly report
25 Oct 18
Current reports
8-K
Departure of Directors or Certain Officers
30 Mar 21
8-K
IMAX Corporation Announces Proposed Convertible Senior Notes Offering
19 Mar 21
8-K
Imax Corporation Reports Fourth Quarter and Full Year 2020 Results
4 Mar 21
8-K
Departure of Directors or Certain Officers
6 Jan 21
8-K
Imax Corporation Reports Third Quarter 2020 Results
29 Oct 20
8-K
Departure of Directors or Certain Officers
18 Sep 20
8-K
Imax Corporation Reports Second Quarter
28 Jul 20
8-K
IMAX Announces Extension of Current Share-Repurchase Program
26 Jun 20
8-K
Entry into a Material Definitive Agreement
11 Jun 20
8-K
Departure of Directors or Certain Officers
5 Jun 20
Registration and prospectus
S-8
Registration of securities for employees
4 Jun 20
S-8
Registration of securities for employees
6 Jun 16
S-3ASR
Automatic shelf registration
20 Feb 14
S-8
Registration of securities for employees
11 Jun 13
S-8 POS
Registration of securities for employees (post-effective amendment)
11 Jun 13
25
Voluntary exchange delisting
9 Feb 11
8-A12B
Registration of securities on exchange
30 Jan 11
RW
Registration withdrawal request
23 Jan 11
S-3ASR
Automatic shelf registration
23 Jan 11
S-3
Shelf registration
20 Jan 11
Proxies
DEF 14A
Definitive proxy
29 Apr 20
DEF 14A
Definitive proxy
29 Apr 19
DEF 14A
Definitive proxy
30 Apr 18
DEF 14A
Definitive proxy
19 Apr 17
DEF 14A
Definitive proxy
20 Apr 16
DEF 14A
Definitive proxy
20 Apr 15
DEF 14A
Definitive proxy
21 Apr 14
PRE 14A
Preliminary proxy
9 Apr 14
DEF 14A
Definitive proxy
23 Apr 13
PRE 14A
Preliminary proxy
10 Apr 13
Other
SD
Conflict minerals disclosure
29 May 20
UPLOAD
Letter from SEC
29 Mar 20
CORRESP
Correspondence with SEC
26 Mar 20
UPLOAD
Letter from SEC
18 Mar 20
UPLOAD
Letter from SEC
29 Jul 19
CORRESP
Correspondence with SEC
23 Jul 19
UPLOAD
Letter from SEC
9 Jul 19
SD
Conflict minerals disclosure
29 May 19
SD
Conflict minerals disclosure
31 May 18
UPLOAD
Letter from SEC
19 Jun 17
Ownership
4
IMAX / MARK WELTON ownership change
12 Mar 21
SC 13G
IMAX / SHAPIRO CAPITAL MANAGEMENT ownership change
11 Mar 21
4
IMAX / RICHARD L GELFOND ownership change
10 Mar 21
4
IMAX / Jacqueline Bassani ownership change
9 Mar 21
4
IMAX / KEVIN M DELANEY ownership change
9 Mar 21
4
IMAX / Patrick McClymont ownership change
9 Mar 21
4
IMAX / MARK WELTON ownership change
9 Mar 21
3
IMAX / Jacqueline Bassani ownership change
9 Mar 21
4
IMAX / Denny Tu ownership change
9 Mar 21
4
IMAX / Kenneth Ian Weissman ownership change
9 Mar 21
Patents
APP
Utility
Methods and Systems of Vibrating a Screen
25 Mar 21
Screen vibration systems are provided that can vibrate theatre screens using acoustical, electromagnetic, or another type of energy while reducing the presence of image artifacts that may otherwise be visible as result of vibrating the screen.
APP
Utility
Enhancing Image Data with Appearance Controls
4 Mar 21
A digital image sequence with multiple image frames can be enhanced.
GRANT
Utility
Despeckling system for projected light
16 Feb 21
Speckle artifacts as viewed in images projected on a display surface by a projector can be reduced.
GRANT
Utility
Systems and method for monitoring cinema loudspeakers and compensating for quality problems
16 Feb 21
Systems and processes for compensating for changes in a theatre sound system positioned in a theatre are described.
APP
Utility
Cinema Light Emitting Screen and Sound System
6 Jan 21
Light emitting displays can be used in cinemas for cinema presentations that integrate a sound system to achieve immersive conditions in cinema theatres.
Transcripts
2020 Q4
Earnings call transcript
5 Mar 21
2020 Q3
Earnings call transcript
29 Oct 20
2020 Q2
Earnings call transcript
28 Jul 20
2020 Q1
Earnings call transcript
30 Apr 20
2019 Q4
Earnings call transcript
19 Feb 20
2019 Q3
Earnings call transcript
31 Oct 19
2019 Q2
Earnings call transcript
31 Jul 19
2019 Q1
Earnings call transcript
26 Apr 19
2018 Q4
Earnings call transcript
26 Feb 19
2018 Q3
Earnings call transcript
25 Oct 18
Reddit threads
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5 Apr 21
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5 Apr 21
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3 Apr 21
Top Stock Picks: Week of 4/5
2 Apr 21
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29 Mar 21
Good for AMC CNK IMAX and rest of exhibitors - This weekend's box office was one of the most robust of the pandemic to date.
28 Mar 21
r/Stocks Daily Thread on Meme Stocks Tuesday - Mar 23, 2021
23 Mar 21
Looking for US stock options @ about $20
18 Mar 21
AMC Theatres® to Have 98% of Its U.S. Locations Open Beginning Friday, March 19
17 Mar 21