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Imax (IMAX) Reliance on International Sales: What Investors Need to Know
IMAXIMAX(IMAX) ZACKS·2025-02-24 15:15

Core Insights - IMAX's total revenue for the quarter ending December 2024 was 92.67million,reflectinga7.792.67 million, reflecting a 7.7% increase year-over-year [4] International Revenue Trends - Latin America contributed 2.32 million, accounting for 2.51% of total revenue, which was a significant decline of 43.37% from the expected 4.1million[5]AsiaexcludingGreaterChinagenerated4.1 million [5] - Asia excluding Greater China generated 22.05 million, representing 23.79% of total revenue, exceeding expectations by 34.85% compared to the forecast of 16.35million[6]WesternEuropeaccountedfor16.35 million [6] - Western Europe accounted for 12.37 million, or 13.35% of total revenue, falling short of the 13.1millionexpectedby5.5613.1 million expected by 5.56% [7] - The Rest of the World brought in 3.87 million, constituting 4.18% of total revenue, which was 37.75% below the anticipated 6.22million[8]GreaterChinagenerated6.22 million [8] - Greater China generated 15.47 million, making up 16.69% of total revenue, which was a 43.04% shortfall from the expected 27.16million[9]Canadacontributed27.16 million [9] - Canada contributed 2.09 million, accounting for 2.26% of total revenue, which was 44.71% lower than the forecast of 3.78million[10]RevenueForecastsAnalystsprojectIMAXwillachieverevenuesof3.78 million [10] Revenue Forecasts - Analysts project IMAX will achieve revenues of 82.35 million for the ongoing fiscal quarter, a 4.1% increase year-over-year, with contributions from various regions detailed [11][12] - For the full year, total revenue is expected to reach $406.79 million, up 15.5% from the previous year, with specific contributions from different regions outlined [13] Closing Remarks - The reliance on global markets for revenue presents both opportunities and challenges for IMAX, making the analysis of international revenue trends crucial for future forecasts [14] - Wall Street analysts are closely monitoring these trends, especially in light of increasing global interconnections and geopolitical tensions [15]