IMAX and Cinemark Q4
IMAX Q4 revenue increases. We broke down their numbers and how they stacked up against last year:
$204 M global box office
↑ 20%
$93 M revenue
↑ 8%
$5 M Net Income
↑112%
But down from Q3’s $13.9 M
The top earner:
$31 M each from Gladiator II and Venom: The Last Dance
↓ from Deadpool & Wolverine’s $83 M
↓ from Oppenheimer’s $183 M
Richard Gelfond, IMAX CEO said:
“Expanding the roster of filmmakers working with our technology… including our deal with Netflix for the release of Greta Gerwig’s ‘Narnia’ across the IMAX global network in advance of its debut on the service.”
IMAX already has a massive uptick in 2025 due to the wild success of the Chinese film Ne Zha 2, earning IMAX $190 M.
IMAX expects to deliver a record box office of more than $1.2 billion in 2025, along with an Adjusted EBITDA margin of 40%.
Cinemark Theaters Q4 Revenue. Here are the gains and losses compared with a year ago:
$814.3 M revenue
↑27%
$51.3 M net income
Up from an $18 M loss
$156.9 M EBITDA
↑97%
Attendance increased 25.6% to 51 M patrons, with over 64% being in the US.
Sean Gamble, Cinemark CEO, stated:
“On better-than-expected industry performance, Cinemark delivered outsized box office proceeds and solid overall financial results driven by an intense focus on disciplined operational execution and the sustained impact of our strategic initiatives,”
The company beat out expectations with Wicked and Moana 2 fueling the growth from last year, which was plagued by a low theatrical output due to the strikes.