Imax Corporation Company profile
About Imax Corp (USA)
IMAX Corporation is an entertainment technology company. The Company’s segments include IMAX DMR; Joint Revenue Sharing Arrangements (JRSA); IMAX Systems; IMAX Maintenance; Other Theater Business; New Business Initiatives; Film Distribution and Film Post-Production. The Company organizes its segments into four categories, which are identified by the nature of the product sold or service provided. The IMAX Technology Network is focused on contingent box office receipts and includes the IMAX DMR segment and contingent rent from the JRSA segment. IMAX Technology Sales and Maintenance includes results from the IMAX Systems, IMAX Maintenance and Other Theater Business segments, as well as the JRSA segment. New Business Initiatives includes activities related to the exploration of new lines of business and new initiatives outside of its core business. Film Distribution and Post-Production includes activities related to the licensing of film content and the distribution of films.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Imax Corp (USA) revenues increased 86% to $254.9M. Net loss decreased 84% to $22.3M. Revenues reflect IMAX DMR segment increase from $28.3M to $70.7M, Theater system maintenance segment increase from $22M to $53.3M, Greater China segment increase from $52.3M to $112.8M, United States segment increase from $30.2M to $73.5M.
Equity composition
Common Stock no Par, 4/11 unlim. auth., 64,254,939 issd., Insiders own 14.49%. IPO 6/94, 3.25M shs. @ C$13.50 by Goldman Sachs. *FY'91-'94 fincls. restated for the 3/94 acq. of TCI. 5/97, 2-for-1 split. FY'99-'00 fincls. are restated for disc. ops. 2/11, Exchanged from NASDAQ to NYSE.
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