IMAXIMAX CORP
Photographic Equipment & Supplies
- Revenue
- $410M
- 16% YoY
- Operating margin
- 20.5%
- 65% YoY
- EBITDA
- $84M
- 92% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -1.9×
- −$159M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear364% of net incomeCash flow under 80% of net income
- Dilutive SBCClear6% of revenueOver 10% of revenue
- Payouts exceed cash flowClear11% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear5% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $255M | $301M | $375M | $352M | $410M | 16% |
| Operating income | $11M | −$5M | $50M | $44M | $84M | 92% |
| Net income | −$22M | −$23M | $25M | $26M | $35M | 34% |
| Operating cash flow | $6M | $17M | $59M | $71M | $127M | 79% |
| Capex | $4M | $8M | $6M | $8M | $8M | 3.1% |
| Stock-based comp | $26M | $27M | $24M | $23M | $27M | 17% |
| Buybacks | $14M | — | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $6M · 2
- Net
- −$6M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $9M | $21M | 205 | 66 |
| FY2024 | $8M | $20M | 142 | 75 |
| FY2023 | $9M | $9M | 83 | 71 |
| FY2022 | $8M | $6M | 81 | 108 |
| FY2021 | $9M | $10M | 99 | 132 |