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Mar 31, 2022
IMAX Q1 2022 Earnings Report
Demonstrated continued industry-leading momentum and strong market position.
Key Takeaways
IMAX Corporation reported strong year-over-year improvement across key metrics in the first quarter of 2022. Total Gross Box Office increased to $173.2 million, Revenue increased to $60.0 million, and Gross Margin increased to $31.8 million.
Global Box Office of $173.2 Million (+57% YoY) Driven by Strong Performances of “The Batman” and “Spider-Man: No Way Home”
IMAX Continues Strong Market Share Gains of 2021, Capturing 4.7% of Domestic Box Office — a Record for the First Quarter (Q1)
Network Deal Activity Beginning to Accelerate, including Recently Completed Agreements in Growth Markets such as Japan and Thailand
IMAX China Network Approximately 65% Open — up from 52% on March 31 — Following Recent COVID Lockdowns
Forward Guidance
IMAX is well positioned to build on its success with a promising blockbuster slate that kicks into high gear next week and continues throughout 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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