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Side-by-side financial comparison of IMAX CORP (IMAX) and iQSTEL Inc (IQST). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $84.2M, roughly 1.5× iQSTEL Inc). IMAX CORP runs the higher net margin — 0.5% vs -3.2%, a 3.7% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs -14.9%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $-1.2M). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs 25.8%).
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.
iQSTEL Inc is a technology holding company operating three core segments: telecommunications, Internet of Things (IoT), and fintech. It offers connectivity services, smart IoT monitoring solutions, and digital financial tools, mainly serving small and medium-sized enterprises and retail customers in North and South American markets.
IMAX vs IQST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $125.2M | $84.2M |
| Net Profit | $637.0K | $-2.7M |
| Gross Margin | 57.6% | 3.5% |
| Operating Margin | 19.3% | -2.9% |
| Net Margin | 0.5% | -3.2% |
| Revenue YoY | 35.1% | -14.9% |
| Net Profit YoY | -88.0% | -44.5% |
| EPS (diluted) | $0.02 | $-0.92 |
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 | $125.2M | $84.2M | ||
| Q3 25 | $106.7M | $102.9M | ||
| Q2 25 | $91.7M | $72.2M | ||
| Q1 25 | $86.7M | $57.6M | ||
| Q4 24 | $92.7M | $98.9M | ||
| Q3 24 | $91.5M | $54.2M | ||
| Q2 24 | $89.0M | $78.6M | ||
| Q1 24 | $79.1M | $51.4M |
| Q4 25 | $637.0K | $-2.7M | ||
| Q3 25 | $20.7M | $-2.3M | ||
| Q2 25 | $11.3M | $-2.3M | ||
| Q1 25 | $2.3M | $-1.1M | ||
| Q4 24 | $5.3M | $-1.9M | ||
| Q3 24 | $13.9M | $-773.0K | ||
| Q2 24 | $3.6M | $-2.0M | ||
| Q1 24 | $3.3M | $-580.2K |
| Q4 25 | 57.6% | 3.5% | ||
| Q3 25 | 63.1% | 2.7% | ||
| Q2 25 | 58.5% | 2.6% | ||
| Q1 25 | 61.4% | 3.4% | ||
| Q4 24 | 52.2% | 2.7% | ||
| Q3 24 | 55.8% | 3.7% | ||
| Q2 24 | 49.4% | 2.8% | ||
| Q1 24 | 59.3% | 2.7% |
| Q4 25 | 19.3% | -2.9% | ||
| Q3 25 | 27.2% | -0.5% | ||
| Q2 25 | 15.6% | -0.9% | ||
| Q1 25 | 19.3% | -1.0% | ||
| Q4 24 | 10.3% | -0.3% | ||
| Q3 24 | 21.2% | -0.1% | ||
| Q2 24 | 3.2% | -0.4% | ||
| Q1 24 | 15.3% | -0.4% |
| Q4 25 | 0.5% | -3.2% | ||
| Q3 25 | 19.4% | -2.3% | ||
| Q2 25 | 12.3% | -3.3% | ||
| Q1 25 | 2.7% | -2.0% | ||
| Q4 24 | 5.7% | -1.9% | ||
| Q3 24 | 15.2% | -1.4% | ||
| Q2 24 | 4.0% | -2.5% | ||
| Q1 24 | 4.1% | -1.1% |
| Q4 25 | $0.02 | $-0.92 | ||
| Q3 25 | $0.37 | $-0.68 | ||
| Q2 25 | $0.20 | $-0.82 | ||
| Q1 25 | $0.04 | $-0.44 | ||
| Q4 24 | $0.09 | $-1.19 | ||
| Q3 24 | $0.26 | $-0.40 | ||
| Q2 24 | $0.07 | $-0.90 | ||
| Q1 24 | $0.06 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $151.2M | $2.2M |
| Total DebtLower is stronger | — | $4.1M |
| Stockholders' EquityBook value | $337.9M | $16.3M |
| Total Assets | $894.0M | $51.1M |
| Debt / EquityLower = less leverage | — | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $151.2M | $2.2M | ||
| Q3 25 | $143.1M | $2.3M | ||
| Q2 25 | $109.3M | $2.0M | ||
| Q1 25 | $97.1M | $1.1M | ||
| Q4 24 | $100.6M | $2.5M | ||
| Q3 24 | $104.5M | $2.1M | ||
| Q2 24 | $91.6M | $797.2K | ||
| Q1 24 | $81.0M | $2.7M |
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $2.7M | ||
| Q2 25 | — | $4.5M | ||
| Q1 25 | — | $3.5M | ||
| Q4 24 | — | $2.5M | ||
| Q3 24 | — | $3.2M | ||
| Q2 24 | — | $2.5M | ||
| Q1 24 | — | $194.0K |
| Q4 25 | $337.9M | $16.3M | ||
| Q3 25 | $349.5M | $17.9M | ||
| Q2 25 | $320.4M | $14.3M | ||
| Q1 25 | $299.5M | $11.6M | ||
| Q4 24 | $299.5M | $11.9M | ||
| Q3 24 | $289.4M | $8.1M | ||
| Q2 24 | $267.2M | $7.6M | ||
| Q1 24 | $258.8M | $8.4M |
| Q4 25 | $894.0M | $51.1M | ||
| Q3 25 | $889.6M | $46.9M | ||
| Q2 25 | $868.6M | $51.4M | ||
| Q1 25 | $848.3M | $42.0M | ||
| Q4 24 | $830.4M | $79.0M | ||
| Q3 24 | $847.6M | $32.4M | ||
| Q2 24 | $827.4M | $30.0M | ||
| Q1 24 | $824.1M | $22.1M |
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.40× | ||
| Q2 24 | — | 0.34× | ||
| Q1 24 | — | 0.02× |
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 | $29.4M | $-1.2M |
| Free Cash FlowOCF − Capex | $28.0M | $-1.2M |
| FCF MarginFCF / Revenue | 22.3% | -1.5% |
| Capex IntensityCapex / Revenue | 1.1% | 0.0% |
| Cash ConversionOCF / Net Profit | 46.11× | — |
| TTM Free Cash FlowTrailing 4 quarters | $118.9M | $-4.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.4M | $-1.2M | ||
| Q3 25 | $67.5M | $-953.0K | ||
| Q2 25 | $23.2M | $257.7K | ||
| Q1 25 | $7.0M | $-1.9M | ||
| Q4 24 | $11.5M | $-403.7K | ||
| Q3 24 | $35.3M | $625.0K | ||
| Q2 24 | $35.0M | $-2.6M | ||
| Q1 24 | $-11.0M | $-536.9K |
| Q4 25 | $28.0M | $-1.2M | ||
| Q3 25 | $64.8M | $-969.2K | ||
| Q2 25 | $20.9M | $211.7K | ||
| Q1 25 | $5.3M | $-2.0M | ||
| Q4 24 | $6.9M | $-421.3K | ||
| Q3 24 | $34.2M | $594.5K | ||
| Q2 24 | $33.5M | $-2.6M | ||
| Q1 24 | $-12.1M | $-608.5K |
| Q4 25 | 22.3% | -1.5% | ||
| Q3 25 | 60.7% | -0.9% | ||
| Q2 25 | 22.8% | 0.3% | ||
| Q1 25 | 6.1% | -3.4% | ||
| Q4 24 | 7.4% | -0.4% | ||
| Q3 24 | 37.3% | 1.1% | ||
| Q2 24 | 37.6% | -3.4% | ||
| Q1 24 | -15.3% | -1.2% |
| Q4 25 | 1.1% | 0.0% | ||
| Q3 25 | 2.6% | 0.0% | ||
| Q2 25 | 2.6% | 0.1% | ||
| Q1 25 | 1.9% | 0.1% | ||
| Q4 24 | 5.0% | 0.0% | ||
| Q3 24 | 1.2% | 0.1% | ||
| Q2 24 | 1.8% | 0.0% | ||
| Q1 24 | 1.4% | 0.1% |
| Q4 25 | 46.11× | — | ||
| Q3 25 | 3.27× | — | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | 2.99× | — | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 2.54× | — | ||
| Q2 24 | 9.78× | — | ||
| Q1 24 | -3.35× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
