I N V E S T O R P R E S E N T A T I O N Strategic Update F E B R U A R Y 2 0 2 6 ® IMAX Corp. F O R W A R D - L O O K I N G S T A T E M E N T S This presentation contains forward looking statements that are based on IMAX Corporation (the "Company") management's assumptions and existing information and involve certain risks and uncertainties which could affect our future results and cause those results or other outcomes to differ materially from future results expressed or implied by such forward looking sta ...

Imax saw revenue and operating earnings surge last quarter with numbers meeting and exceeding forecasts as the big screen exhibitor posted its best ever $1.28 billion global box office haul in 2025 and anticipates the number will grow to $1.4 billion this year. The stock popped 4% in after hours trading. Fourth quarter gross box office increased 62% year-over-year to $336.2 million, setting a new fourth quarter record anchored by Avatar: Fire and Ash. The James Cameron juggernaut released Dec. 19 contribut ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

IMAX To Present at the Morgan Stanley Technology, Media & Telecom ConferenceFeb 23, 2026 8:30 AM Eastern Standard Time# IMAX To Present at the Morgan Stanley Technology, Media & Telecom ConferenceShare---NEW YORK--([BUSINESS WIRE])--IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the Morgan Stanley Technology, Media & Telecom Conference.Event: Morgan Stanley Technology, Media & Telecom Conference Location: San Francisco, CA Fireside Date: Monday, March 2nd Fireside Time: 4 ...

IMAX Corporation (NYSE:IMAX – Get Free Report) was the target of some unusual options trading on Wednesday. Investors acquired 18,484 put options on the stock. This is an increase of approximately 1,914% compared to the average daily volume of 918 put options. Get IMAX alerts: Analyst Upgrades and DowngradesSeveral brokerages recently issued reports on IMAX. Weiss Ratings restated a “buy (b)” rating on shares of IMAX in a research report on Monday, December 29th. Barrington Research reiterated an “outperfor ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Imax (IMAX) reports results for the quarter ended December 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 25, might help the stock move higher if these key numbers are better than expectations ...

Core Insights - The article provides a comprehensive evaluation of Netflix in comparison to its competitors in the Entertainment industry, focusing on financial indicators, market positioning, and growth potential [1] Company Overview - Netflix operates a single business model centered around its streaming service, boasting over 300 million subscribers globally and the largest television entertainment subscriber base in the U.S. and internationally [2] - The company has expanded its revenue streams by introducing ad-supported subscription plans in 2022, diversifying its income beyond traditional subscription fees [2] Financial Performance - Netflix's Price to Earnings (P/E) ratio stands at 33.02, which is 0.52x lower than the industry average, suggesting potential for growth at a reasonable price [5] - The Price to Book (P/B) ratio is 13.31, indicating that Netflix may be overvalued in terms of book value compared to its peers [5] - The Price to Sales (P/S) ratio of 8.03 is 1.86x higher than the industry average, which may also suggest overvaluation in sales performance [5] - The Return on Equity (ROE) is 9.2%, slightly above the industry average, indicating efficient use of equity to generate profits [5] - Netflix's EBITDA is $7.37 billion, which is 6.82x above the industry average, highlighting strong profitability and cash flow generation [5] - The gross profit of $5.35 billion is 2.88x above the industry average, indicating robust earnings from core operations [5] - Revenue growth of 4.7% is significantly higher than the industry average of 1.07%, showcasing strong demand for Netflix's offerings [5] Debt Management - Netflix has a debt-to-equity (D/E) ratio of 0.54, which is lower than that of its top four peers, indicating a stronger financial position and a favorable balance between debt and equity [9]

Group 1 - Orbis Investment Management reported a positive year in 2025, with returns driven by stock-specific research rather than post-pandemic valuation rebounds [1] - The strategy emphasizes disciplined bottom-up investing and improved execution across several portfolio holdings [1] - Rising global government debt supports equities as core real assets, with non-US markets offering attractive valuations [1] - Orbis suggests a potential shift from the long period of US market dominance, focusing on fundamentally undervalued businesses [1] Group 2 - IMAX Corporation is highlighted as a key entertainment holding benefiting from renewed strength in theatrical releases [2] - IMAX shares experienced a one-month return of approximately -5.61% but gained about 50.98% over the last 52 weeks, closing at approximately $35.39 per share with a market capitalization of about $1.9 billion [2] - The recent bidding war for Warner Bros Discovery between Paramount and Netflix underscores the value placed on scarce content and platforms for developing high-value Intellectual Property [3] - The theatrical window is identified as crucial for maximizing the value of IP, generating significant cash flow and marketing benefits [3]

Core Insights - IMAX China experienced significant growth in 2025, with a 20% increase in box office revenue to $7.4 billion, driven by popular animated sequels like "Ne Zha 2" and "Zootopia 2" [3][4] - The company anticipates continued growth in 2026, supported by character-driven stories that foster emotional attachment and repeat engagement [4][15] - IMAX's unique immersive experience positions it as a competitive player in the evolving moviegoing landscape, transforming traditional cinema into cultural events [5][12] Box Office Performance - IMAX China's box office rose by 5% in 2025, reaching $407 million, contributing to a global box office record of $1.28 billion for IMAX films, a more than 40% increase from 2024 [7] - China is home to the largest number of IMAX screens globally, with 787 compared to 424 in the United States, highlighting its strategic importance for IMAX [8] Audience Engagement and Trends - The trend of "eventisizing" moviegoing is emerging, where films become social events, as evidenced by fan gatherings for live events like F1 racing and Taylor Swift's concert film [5][6] - Character-driven IPs are outperforming traditional narratives, with films like "Ne Zha 2" and "Zootopia 2" achieving high repeat-viewing rates [4][16] Future Growth Strategies - IMAX plans to expand its screen network in China through a partnership with Wanda Film, converting up to 27 theaters to IMAX systems by 2029 [13] - The company is also exploring a diverse "film+" ecosystem that includes merchandise development and movie tourism, with film-related merchandise revenue in China surging 120% year-over-year [14] Cultural Impact - The success of "Ne Zha 2" illustrates the potential for Chinese stories to resonate globally, achieving 91% approval from critics on Rotten Tomatoes, emphasizing the importance of culturally resonant storytelling [16]

Core Viewpoint - Imax (IMAX) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - A strong correlation exists between changes in earnings estimates and near-term stock price movements, making the Zacks rating system valuable for investors [4][6]. Institutional Investor Influence - Institutional investors utilize earnings estimates to determine the fair value of a company's shares, impacting stock price movements through their investment actions [4]. Business Improvement Indicators - The upgrade in Imax's rating signifies an improvement in the company's underlying business, which is expected to drive the stock price higher as investors recognize this trend [5][10]. Earnings Estimate Revisions - For the fiscal year ending December 2025, Imax is projected to earn $1.31 per share, with the Zacks Consensus Estimate having increased by 8.2% over the past three months [8]. Zacks Rank System Overview - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - Only the top 20% of Zacks-covered stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [9][10].