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Side-by-side financial comparison of Emerald Holding, Inc. (EEX) and IMAX CORP (IMAX). Click either name above to swap in a different company.
Emerald Holding, Inc. is the larger business by last-quarter revenue ($132.7M vs $125.2M, roughly 1.1× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -22.8%, a 23.3% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 24.3%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $11.7M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs -0.3%).
TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.
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.
EEX vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $132.7M | $125.2M |
| Net Profit | $-30.2M | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | -11.8% | 19.3% |
| Net Margin | -22.8% | 0.5% |
| Revenue YoY | 24.3% | 35.1% |
| Net Profit YoY | -692.2% | -88.0% |
| EPS (diluted) | $-0.15 | $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 | $132.7M | $125.2M | ||
| Q3 25 | $77.5M | $106.7M | ||
| Q2 25 | $105.5M | $91.7M | ||
| Q1 25 | $147.7M | $86.7M | ||
| Q4 24 | $106.8M | $92.7M | ||
| Q3 24 | $72.6M | $91.5M | ||
| Q2 24 | $86.0M | $89.0M | ||
| Q1 24 | $133.4M | $79.1M |
| Q4 25 | $-30.2M | $637.0K | ||
| Q3 25 | $-14.4M | $20.7M | ||
| Q2 25 | $-1.4M | $11.3M | ||
| Q1 25 | $15.3M | $2.3M | ||
| Q4 24 | $5.1M | $5.3M | ||
| Q3 24 | $-11.1M | $13.9M | ||
| Q2 24 | $-2.8M | $3.6M | ||
| Q1 24 | $11.0M | $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 | -11.8% | 19.3% | ||
| Q3 25 | -10.1% | 27.2% | ||
| Q2 25 | 9.7% | 15.6% | ||
| Q1 25 | 24.2% | 19.3% | ||
| Q4 24 | 19.5% | 10.3% | ||
| Q3 24 | -6.5% | 21.2% | ||
| Q2 24 | 7.4% | 3.2% | ||
| Q1 24 | 18.2% | 15.3% |
| Q4 25 | -22.8% | 0.5% | ||
| Q3 25 | -18.6% | 19.4% | ||
| Q2 25 | -1.3% | 12.3% | ||
| Q1 25 | 10.4% | 2.7% | ||
| Q4 24 | 4.8% | 5.7% | ||
| Q3 24 | -15.3% | 15.2% | ||
| Q2 24 | -3.3% | 4.0% | ||
| Q1 24 | 8.2% | 4.1% |
| Q4 25 | $-0.15 | $0.02 | ||
| Q3 25 | $-0.07 | $0.37 | ||
| Q2 25 | $-0.01 | $0.20 | ||
| Q1 25 | $0.08 | $0.04 | ||
| Q4 24 | $0.01 | $0.09 | ||
| Q3 24 | $-0.05 | $0.26 | ||
| Q2 24 | $-0.03 | $0.07 | ||
| Q1 24 | $0.00 | $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 | $100.9M | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $338.8M | $337.9M |
| Total Assets | $1.2B | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $100.9M | $151.2M | ||
| Q3 25 | $95.4M | $143.1M | ||
| Q2 25 | $156.4M | $109.3M | ||
| Q1 25 | $276.8M | $97.1M | ||
| Q4 24 | $194.8M | $100.6M | ||
| Q3 24 | $188.9M | $104.5M | ||
| Q2 24 | $193.2M | $91.6M | ||
| Q1 24 | $186.8M | $81.0M |
| Q4 25 | $338.8M | $337.9M | ||
| Q3 25 | $369.5M | $349.5M | ||
| Q2 25 | $389.4M | $320.4M | ||
| Q1 25 | $392.1M | $299.5M | ||
| Q4 24 | $385.9M | $299.5M | ||
| Q3 24 | $391.1M | $289.4M | ||
| Q2 24 | $407.6M | $267.2M | ||
| Q1 24 | $-90.7M | $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 | $1.0B | $830.4M | ||
| Q3 24 | $1.1B | $847.6M | ||
| Q2 24 | $1.1B | $827.4M | ||
| Q1 24 | $1.1B | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.3M | $29.4M |
| Free Cash FlowOCF − Capex | $11.7M | $28.0M |
| FCF MarginFCF / Revenue | 8.8% | 22.3% |
| Capex IntensityCapex / Revenue | 0.5% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $41.4M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $29.4M | ||
| Q3 25 | $1.8M | $67.5M | ||
| Q2 25 | $15.9M | $23.2M | ||
| Q1 25 | $12.6M | $7.0M | ||
| Q4 24 | $20.6M | $11.5M | ||
| Q3 24 | $9.1M | $35.3M | ||
| Q2 24 | $9.8M | $35.0M | ||
| Q1 24 | $7.3M | $-11.0M |
| Q4 25 | $11.7M | $28.0M | ||
| Q3 25 | $1.5M | $64.8M | ||
| Q2 25 | $15.8M | $20.9M | ||
| Q1 25 | $12.4M | $5.3M | ||
| Q4 24 | $19.9M | $6.9M | ||
| Q3 24 | $9.0M | $34.2M | ||
| Q2 24 | $9.6M | $33.5M | ||
| Q1 24 | $7.0M | $-12.1M |
| Q4 25 | 8.8% | 22.3% | ||
| Q3 25 | 1.9% | 60.7% | ||
| Q2 25 | 15.0% | 22.8% | ||
| Q1 25 | 8.4% | 6.1% | ||
| Q4 24 | 18.6% | 7.4% | ||
| Q3 24 | 12.4% | 37.3% | ||
| Q2 24 | 11.2% | 37.6% | ||
| Q1 24 | 5.2% | -15.3% |
| Q4 25 | 0.5% | 1.1% | ||
| Q3 25 | 0.4% | 2.6% | ||
| Q2 25 | 0.1% | 2.6% | ||
| Q1 25 | 0.1% | 1.9% | ||
| Q4 24 | 0.7% | 5.0% | ||
| Q3 24 | 0.1% | 1.2% | ||
| Q2 24 | 0.2% | 1.8% | ||
| Q1 24 | 0.2% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | 0.82× | 2.99× | ||
| Q4 24 | 4.04× | 2.16× | ||
| Q3 24 | — | 2.54× | ||
| Q2 24 | — | 9.78× | ||
| Q1 24 | 0.66× | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EEX
| Connections Segment | $121.9M | 92% |
| Commerce Segment | $5.5M | 4% |
| Content | $5.3M | 4% |
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% |
