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Side-by-side financial comparison of AlTi Global, Inc. (ALTI) and IMAX CORP (IMAX). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $86.6M, roughly 1.4× AlTi Global, Inc.). IMAX CORP runs the higher net margin — 0.5% vs -15.1%, a 15.6% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs 35.1%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $-52.2M). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs 25.8%).
Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. It was formed when The National Titanium Dioxide Company Ltd. combined with Millennium Chemicals. The headquarters are in Jeddah, Saudi Arabia. It is a significant shareholder in Bemax, the world’s 5th largest TiO2 feedstock producer.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
ALTI vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.6M | $125.2M |
| Net Profit | $-13.1M | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | -2.1% | 19.3% |
| Net Margin | -15.1% | 0.5% |
| Revenue YoY | 87.0% | 35.1% |
| Net Profit YoY | 75.6% | -88.0% |
| EPS (diluted) | — | $0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $86.6M | $125.2M | ||
| Q3 25 | $57.2M | $106.7M | ||
| Q2 25 | $53.1M | $91.7M | ||
| Q1 25 | $58.0M | $86.7M | ||
| Q4 24 | $46.3M | $92.7M | ||
| Q3 24 | $51.8M | $91.5M | ||
| Q2 24 | $49.5M | $89.0M | ||
| Q1 24 | $50.8M | $79.1M |
| Q4 25 | $-13.1M | $637.0K | ||
| Q3 25 | $-84.1M | $20.7M | ||
| Q2 25 | $-24.4M | $11.3M | ||
| Q1 25 | $1.9M | $2.3M | ||
| Q4 24 | $-53.8M | $5.3M | ||
| Q3 24 | $-72.5M | $13.9M | ||
| Q2 24 | $-6.4M | $3.6M | ||
| Q1 24 | $29.7M | $3.3M |
| Q4 25 | — | 57.6% | ||
| Q3 25 | — | 63.1% | ||
| Q2 25 | — | 58.5% | ||
| Q1 25 | — | 61.4% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | — | 55.8% | ||
| Q2 24 | — | 49.4% | ||
| Q1 24 | — | 59.3% |
| Q4 25 | -2.1% | 19.3% | ||
| Q3 25 | -49.8% | 27.2% | ||
| Q2 25 | -56.7% | 15.6% | ||
| Q1 25 | -23.3% | 19.3% | ||
| Q4 24 | -42.7% | 10.3% | ||
| Q3 24 | -18.4% | 21.2% | ||
| Q2 24 | -30.2% | 3.2% | ||
| Q1 24 | -28.9% | 15.3% |
| Q4 25 | -15.1% | 0.5% | ||
| Q3 25 | -147.0% | 19.4% | ||
| Q2 25 | -45.9% | 12.3% | ||
| Q1 25 | 3.3% | 2.7% | ||
| Q4 24 | -116.1% | 5.7% | ||
| Q3 24 | -140.0% | 15.2% | ||
| Q2 24 | -12.9% | 4.0% | ||
| Q1 24 | 58.4% | 4.1% |
| Q4 25 | — | $0.02 | ||
| Q3 25 | — | $0.37 | ||
| Q2 25 | $-0.33 | $0.20 | ||
| Q1 25 | $-0.04 | $0.04 | ||
| Q4 24 | $-0.71 | $0.09 | ||
| Q3 24 | $-0.88 | $0.26 | ||
| Q2 24 | $-0.18 | $0.07 | ||
| Q1 24 | $0.18 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.2M | $151.2M |
| Total DebtLower is stronger | $883.0K | — |
| Stockholders' EquityBook value | $600.1M | $337.9M |
| Total Assets | $1.2B | $894.0M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.2M | $151.2M | ||
| Q3 25 | $35.8M | $143.1M | ||
| Q2 25 | $42.4M | $109.3M | ||
| Q1 25 | $52.8M | $97.1M | ||
| Q4 24 | $64.4M | $100.6M | ||
| Q3 24 | $220.6M | $104.5M | ||
| Q2 24 | $60.0M | $91.6M | ||
| Q1 24 | $134.2M | $81.0M |
| Q4 25 | $883.0K | — | ||
| Q3 25 | $586.0K | — | ||
| Q2 25 | $673.0K | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $128.4M | — | ||
| Q2 24 | $164.0M | — | ||
| Q1 24 | $183.7M | — |
| Q4 25 | $600.1M | $337.9M | ||
| Q3 25 | $607.2M | $349.5M | ||
| Q2 25 | $685.4M | $320.4M | ||
| Q1 25 | $665.2M | $299.5M | ||
| Q4 24 | $658.4M | $299.5M | ||
| Q3 24 | $707.0M | $289.4M | ||
| Q2 24 | $540.2M | $267.2M | ||
| Q1 24 | $510.9M | $258.8M |
| Q4 25 | $1.2B | $894.0M | ||
| Q3 25 | $1.2B | $889.6M | ||
| Q2 25 | $1.2B | $868.6M | ||
| Q1 25 | $1.2B | $848.3M | ||
| Q4 24 | $1.3B | $830.4M | ||
| Q3 24 | $1.4B | $847.6M | ||
| Q2 24 | $1.3B | $827.4M | ||
| Q1 24 | $1.3B | $824.1M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | 0.30× | — | ||
| Q1 24 | 0.36× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-51.4M | $29.4M |
| Free Cash FlowOCF − Capex | $-52.2M | $28.0M |
| FCF MarginFCF / Revenue | -60.3% | 22.3% |
| Capex IntensityCapex / Revenue | 0.9% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-51.4M | $29.4M | ||
| Q3 25 | $-53.5M | $67.5M | ||
| Q2 25 | $-19.9M | $23.2M | ||
| Q1 25 | $-30.2M | $7.0M | ||
| Q4 24 | $-50.7M | $11.5M | ||
| Q3 24 | $-4.9M | $35.3M | ||
| Q2 24 | $-30.2M | $35.0M | ||
| Q1 24 | $-15.5M | $-11.0M |
| Q4 25 | $-52.2M | $28.0M | ||
| Q3 25 | — | $64.8M | ||
| Q2 25 | $-20.0M | $20.9M | ||
| Q1 25 | $-31.0M | $5.3M | ||
| Q4 24 | $-58.2M | $6.9M | ||
| Q3 24 | $-9.4M | $34.2M | ||
| Q2 24 | $-31.2M | $33.5M | ||
| Q1 24 | $-15.7M | $-12.1M |
| Q4 25 | -60.3% | 22.3% | ||
| Q3 25 | — | 60.7% | ||
| Q2 25 | -37.6% | 22.8% | ||
| Q1 25 | -53.4% | 6.1% | ||
| Q4 24 | -125.7% | 7.4% | ||
| Q3 24 | -18.2% | 37.3% | ||
| Q2 24 | -63.2% | 37.6% | ||
| Q1 24 | -30.9% | -15.3% |
| Q4 25 | 0.9% | 1.1% | ||
| Q3 25 | 0.0% | 2.6% | ||
| Q2 25 | 0.0% | 2.6% | ||
| Q1 25 | 1.3% | 1.9% | ||
| Q4 24 | 16.3% | 5.0% | ||
| Q3 24 | 8.7% | 1.2% | ||
| Q2 24 | 2.2% | 1.8% | ||
| Q1 24 | 0.4% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | -15.80× | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | — | 2.54× | ||
| Q2 24 | — | 9.78× | ||
| Q1 24 | -0.52× | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALTI
| Management Advisory Fees | $51.1M | 59% |
| Other | $32.7M | 38% |
| Distributions From Investments | $2.9M | 3% |
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
