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Blue Chip Growth

Stock Report: IMAX Corporation (IMAX) Report Updated: Jul 25, 2016 | Print This Page

Get more stock ratings by Louis Navellier

IMAX Corporation (IMAX)

Rating: Sell Volatility: Conservative
Total Grade: D Industry: Media
Competitors: CABO,ETM,SGA,DWA
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IMAX Corporation© quotemedia

Company Profile

IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company specializing in motion picture technologies and presentations worldwide. The company operates in seven segments: IMAX Systems, Theater System Maintenance, Joint Revenue Sharing Arrangements, Film Production and IMAX Digital Re-Mastering (DMR), Film Distribution, Film Post-Production, and Other. The IMAX Systems segment designs, manufactures, sells, or leases IMAX theater projection system equipment. The Theater System Maintenance segment maintains IMAX theater projection system equipment in the IMAX theater network. The Joint Revenue Sharing Arrangements segment provides IMAX theater projection system equipment to exhibitors. The Film Production and IMAX DMR segment produces films and performs film re-mastering services. The Film Distribution segment distributes films for which the company has distribution rights. The Film Post-Production segment offers film post-production and film print services. The Other segment owns and operates IMAX theaters; rents two-dimensional and three-dimensional large-format film and digital cameras to third party production companies; and production technical support and post-production services. The company also sells or leases its theater systems to theme parks, private home theaters, tourist destination sites, fairs, and expositions, as well as is involved in the after-market sale of projection system parts and 3D glasses. It primarily serves commercial multiplex exhibitors, as well as institutional customers, such as science and natural history museums, zoos, aquaria, and other educational and cultural centers. As of December 31, 2014, the company operated 934 IMAX theaters systems, including 809 commercial multiplexes, 19 commercial destinations, and 106 institutions in 62 countries. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.