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Side-by-side financial comparison of Ellington Financial Inc. (EFC) 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 $78.2M, roughly 1.6× Ellington Financial Inc.). Ellington Financial Inc. runs the higher net margin — 28.9% vs 0.5%, a 28.4% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 8.7%). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 1.8%).
Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.
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.
EFC vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $125.2M |
| Net Profit | $22.6M | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | 7.4% | 19.3% |
| Net Margin | 28.9% | 0.5% |
| Revenue YoY | 8.7% | 35.1% |
| Net Profit YoY | -26.2% | -88.0% |
| EPS (diluted) | $0.10 | $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 | $78.2M | $125.2M | ||
| Q3 25 | $82.8M | $106.7M | ||
| Q2 25 | $92.5M | $91.7M | ||
| Q1 25 | $82.9M | $86.7M | ||
| Q4 24 | $72.0M | $92.7M | ||
| Q3 24 | $67.0M | $91.5M | ||
| Q2 24 | $91.2M | $89.0M | ||
| Q1 24 | $75.5M | $79.1M |
| Q4 25 | $22.6M | $637.0K | ||
| Q3 25 | $29.5M | $20.7M | ||
| Q2 25 | $42.9M | $11.3M | ||
| Q1 25 | $31.6M | $2.3M | ||
| Q4 24 | $30.7M | $5.3M | ||
| Q3 24 | $16.2M | $13.9M | ||
| Q2 24 | $52.3M | $3.6M | ||
| Q1 24 | $26.9M | $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 | 7.4% | 19.3% | ||
| Q3 25 | 31.1% | 27.2% | ||
| Q2 25 | 38.3% | 15.6% | ||
| Q1 25 | 37.3% | 19.3% | ||
| Q4 24 | 28.0% | 10.3% | ||
| Q3 24 | 24.0% | 21.2% | ||
| Q2 24 | 52.8% | 3.2% | ||
| Q1 24 | 42.2% | 15.3% |
| Q4 25 | 28.9% | 0.5% | ||
| Q3 25 | 35.7% | 19.4% | ||
| Q2 25 | 46.4% | 12.3% | ||
| Q1 25 | 38.2% | 2.7% | ||
| Q4 24 | 42.6% | 5.7% | ||
| Q3 24 | 24.1% | 15.2% | ||
| Q2 24 | 57.4% | 4.0% | ||
| Q1 24 | 35.6% | 4.1% |
| Q4 25 | $0.10 | $0.02 | ||
| Q3 25 | $0.29 | $0.37 | ||
| Q2 25 | $0.45 | $0.20 | ||
| Q1 25 | $0.35 | $0.04 | ||
| Q4 24 | $0.23 | $0.09 | ||
| Q3 24 | $0.19 | $0.26 | ||
| Q2 24 | $0.62 | $0.07 | ||
| Q1 24 | $0.32 | $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 | $201.9M | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.8B | $337.9M |
| Total Assets | $19.4B | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $201.9M | $151.2M | ||
| Q3 25 | $184.8M | $143.1M | ||
| Q2 25 | $211.0M | $109.3M | ||
| Q1 25 | $203.3M | $97.1M | ||
| Q4 24 | $192.4M | $100.6M | ||
| Q3 24 | $217.7M | $104.5M | ||
| Q2 24 | $198.5M | $91.6M | ||
| Q1 24 | $187.5M | $81.0M |
| Q4 25 | $1.8B | $337.9M | ||
| Q3 25 | $1.8B | $349.5M | ||
| Q2 25 | $1.7B | $320.4M | ||
| Q1 25 | $1.6B | $299.5M | ||
| Q4 24 | $1.6B | $299.5M | ||
| Q3 24 | $1.6B | $289.4M | ||
| Q2 24 | $1.6B | $267.2M | ||
| Q1 24 | $1.5B | $258.8M |
| Q4 25 | $19.4B | $894.0M | ||
| Q3 25 | $17.8B | $889.6M | ||
| Q2 25 | $17.1B | $868.6M | ||
| Q1 25 | $16.6B | $848.3M | ||
| Q4 24 | $16.3B | $830.4M | ||
| Q3 24 | $16.0B | $847.6M | ||
| Q2 24 | $15.1B | $827.4M | ||
| Q1 24 | $15.1B | $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 | $-925.5M | $29.4M |
| Free Cash FlowOCF − Capex | — | $28.0M |
| FCF MarginFCF / Revenue | — | 22.3% |
| Capex IntensityCapex / Revenue | 0.0% | 1.1% |
| Cash ConversionOCF / Net Profit | -40.92× | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-925.5M | $29.4M | ||
| Q3 25 | $-290.4M | $67.5M | ||
| Q2 25 | $-210.5M | $23.2M | ||
| Q1 25 | $-126.4M | $7.0M | ||
| Q4 24 | $-430.5M | $11.5M | ||
| Q3 24 | $-141.7M | $35.3M | ||
| Q2 24 | $-88.6M | $35.0M | ||
| Q1 24 | $-59.5M | $-11.0M |
| Q4 25 | — | $28.0M | ||
| Q3 25 | — | $64.8M | ||
| Q2 25 | — | $20.9M | ||
| Q1 25 | — | $5.3M | ||
| Q4 24 | — | $6.9M | ||
| Q3 24 | — | $34.2M | ||
| Q2 24 | — | $33.5M | ||
| Q1 24 | — | $-12.1M |
| Q4 25 | — | 22.3% | ||
| Q3 25 | — | 60.7% | ||
| Q2 25 | — | 22.8% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 37.3% | ||
| Q2 24 | — | 37.6% | ||
| Q1 24 | — | -15.3% |
| Q4 25 | 0.0% | 1.1% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | 0.0% | 5.0% | ||
| Q3 24 | 0.0% | 1.2% | ||
| Q2 24 | 0.0% | 1.8% | ||
| Q1 24 | 0.0% | 1.4% |
| Q4 25 | -40.92× | 46.11× | ||
| Q3 25 | -9.84× | 3.27× | ||
| Q2 25 | -4.90× | 2.06× | ||
| Q1 25 | -3.99× | 2.99× | ||
| Q4 24 | -14.04× | 2.16× | ||
| Q3 24 | -8.76× | 2.54× | ||
| Q2 24 | -1.69× | 9.78× | ||
| Q1 24 | -2.21× | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EFC
Segment breakdown not available.
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% |
