vs

Side-by-side financial comparison of Business First Bancshares, Inc. (BFST) 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 $83.1M, roughly 1.5× Business First Bancshares, Inc.). On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 7.1%). Business First Bancshares, Inc. produced more free cash flow last quarter ($92.0M vs $28.0M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 16.8%).

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.

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.

BFST vs IMAX — Head-to-Head

Bigger by revenue
IMAX
IMAX
1.5× larger
IMAX
$125.2M
$83.1M
BFST
Growing faster (revenue YoY)
IMAX
IMAX
+28.0% gap
IMAX
35.1%
7.1%
BFST
More free cash flow
BFST
BFST
$64.1M more FCF
BFST
$92.0M
$28.0M
IMAX
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
16.8%
BFST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFST
BFST
IMAX
IMAX
Revenue
$83.1M
$125.2M
Net Profit
$637.0K
Gross Margin
57.6%
Operating Margin
33.2%
19.3%
Net Margin
0.5%
Revenue YoY
7.1%
35.1%
Net Profit YoY
-88.0%
EPS (diluted)
$0.71
$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.

Revenue
BFST
BFST
IMAX
IMAX
Q4 25
$83.1M
$125.2M
Q3 25
$80.9M
$106.7M
Q2 25
$81.5M
$91.7M
Q1 25
$79.2M
$86.7M
Q4 24
$77.6M
$92.7M
Q3 24
$66.9M
$91.5M
Q2 24
$66.2M
$89.0M
Q1 24
$60.9M
$79.1M
Net Profit
BFST
BFST
IMAX
IMAX
Q4 25
$637.0K
Q3 25
$22.9M
$20.7M
Q2 25
$22.1M
$11.3M
Q1 25
$20.5M
$2.3M
Q4 24
$5.3M
Q3 24
$17.8M
$13.9M
Q2 24
$17.2M
$3.6M
Q1 24
$13.6M
$3.3M
Gross Margin
BFST
BFST
IMAX
IMAX
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%
Operating Margin
BFST
BFST
IMAX
IMAX
Q4 25
33.2%
19.3%
Q3 25
35.7%
27.2%
Q2 25
34.4%
15.6%
Q1 25
32.6%
19.3%
Q4 24
27.5%
10.3%
Q3 24
34.0%
21.2%
Q2 24
32.9%
3.2%
Q1 24
28.2%
15.3%
Net Margin
BFST
BFST
IMAX
IMAX
Q4 25
0.5%
Q3 25
28.2%
19.4%
Q2 25
27.1%
12.3%
Q1 25
25.9%
2.7%
Q4 24
5.7%
Q3 24
26.7%
15.2%
Q2 24
26.0%
4.0%
Q1 24
22.3%
4.1%
EPS (diluted)
BFST
BFST
IMAX
IMAX
Q4 25
$0.71
$0.02
Q3 25
$0.73
$0.37
Q2 25
$0.70
$0.20
Q1 25
$0.65
$0.04
Q4 24
$0.51
$0.09
Q3 24
$0.65
$0.26
Q2 24
$0.62
$0.07
Q1 24
$0.48
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFST
BFST
IMAX
IMAX
Cash + ST InvestmentsLiquidity on hand
$411.2M
$151.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$896.9M
$337.9M
Total Assets
$8.2B
$894.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFST
BFST
IMAX
IMAX
Q4 25
$411.2M
$151.2M
Q3 25
$399.1M
$143.1M
Q2 25
$495.8M
$109.3M
Q1 25
$312.9M
$97.1M
Q4 24
$319.1M
$100.6M
Q3 24
$213.2M
$104.5M
Q2 24
$208.1M
$91.6M
Q1 24
$185.9M
$81.0M
Stockholders' Equity
BFST
BFST
IMAX
IMAX
Q4 25
$896.9M
$337.9M
Q3 25
$878.4M
$349.5M
Q2 25
$848.4M
$320.4M
Q1 25
$826.3M
$299.5M
Q4 24
$799.5M
$299.5M
Q3 24
$699.5M
$289.4M
Q2 24
$664.5M
$267.2M
Q1 24
$649.0M
$258.8M
Total Assets
BFST
BFST
IMAX
IMAX
Q4 25
$8.2B
$894.0M
Q3 25
$8.0B
$889.6M
Q2 25
$7.9B
$868.6M
Q1 25
$7.8B
$848.3M
Q4 24
$7.9B
$830.4M
Q3 24
$6.9B
$847.6M
Q2 24
$6.7B
$827.4M
Q1 24
$6.7B
$824.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BFST
BFST
IMAX
IMAX
Operating Cash FlowLast quarter
$92.1M
$29.4M
Free Cash FlowOCF − Capex
$92.0M
$28.0M
FCF MarginFCF / Revenue
110.7%
22.3%
Capex IntensityCapex / Revenue
0.1%
1.1%
Cash ConversionOCF / Net Profit
46.11×
TTM Free Cash FlowTrailing 4 quarters
$165.6M
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFST
BFST
IMAX
IMAX
Q4 25
$92.1M
$29.4M
Q3 25
$32.4M
$67.5M
Q2 25
$14.0M
$23.2M
Q1 25
$28.7M
$7.0M
Q4 24
$61.4M
$11.5M
Q3 24
$21.4M
$35.3M
Q2 24
$15.1M
$35.0M
Q1 24
$7.6M
$-11.0M
Free Cash Flow
BFST
BFST
IMAX
IMAX
Q4 25
$92.0M
$28.0M
Q3 25
$32.1M
$64.8M
Q2 25
$13.8M
$20.9M
Q1 25
$27.7M
$5.3M
Q4 24
$59.8M
$6.9M
Q3 24
$21.0M
$34.2M
Q2 24
$14.0M
$33.5M
Q1 24
$7.2M
$-12.1M
FCF Margin
BFST
BFST
IMAX
IMAX
Q4 25
110.7%
22.3%
Q3 25
39.6%
60.7%
Q2 25
16.9%
22.8%
Q1 25
34.9%
6.1%
Q4 24
77.1%
7.4%
Q3 24
31.4%
37.3%
Q2 24
21.2%
37.6%
Q1 24
11.8%
-15.3%
Capex Intensity
BFST
BFST
IMAX
IMAX
Q4 25
0.1%
1.1%
Q3 25
0.4%
2.6%
Q2 25
0.3%
2.6%
Q1 25
1.3%
1.9%
Q4 24
2.0%
5.0%
Q3 24
0.6%
1.2%
Q2 24
1.6%
1.8%
Q1 24
0.6%
1.4%
Cash Conversion
BFST
BFST
IMAX
IMAX
Q4 25
46.11×
Q3 25
1.42×
3.27×
Q2 25
0.63×
2.06×
Q1 25
1.40×
2.99×
Q4 24
2.16×
Q3 24
1.20×
2.54×
Q2 24
0.88×
9.78×
Q1 24
0.56×
-3.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BFST
BFST

Segment breakdown not available.

IMAX
IMAX

Technology Sales$46.6M37%
Image Enhancement And Maintenance Services$38.1M30%
Joint Revenue Sharing Arrangement$20.4M16%
Maintenance$16.3M13%
Finance Income$2.8M2%
Other Content Solutions$1.6M1%

Related Comparisons