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Side-by-side financial comparison of IMAX CORP (IMAX) and MEDALLION FINANCIAL CORP (MFIN). Click either name above to swap in a different company.

IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $70.6M, roughly 1.8× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs 0.5%, a 16.8% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 25.4%). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 15.0%).

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.

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

IMAX vs MFIN — Head-to-Head

Bigger by revenue
IMAX
IMAX
1.8× larger
IMAX
$125.2M
$70.6M
MFIN
Growing faster (revenue YoY)
IMAX
IMAX
+9.7% gap
IMAX
35.1%
25.4%
MFIN
Higher net margin
MFIN
MFIN
16.8% more per $
MFIN
17.3%
0.5%
IMAX
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
15.0%
MFIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IMAX
IMAX
MFIN
MFIN
Revenue
$125.2M
$70.6M
Net Profit
$637.0K
$12.2M
Gross Margin
57.6%
Operating Margin
19.3%
29.3%
Net Margin
0.5%
17.3%
Revenue YoY
35.1%
25.4%
Net Profit YoY
-88.0%
20.3%
EPS (diluted)
$0.02
$0.50

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
IMAX
IMAX
MFIN
MFIN
Q4 25
$125.2M
$70.6M
Q3 25
$106.7M
$58.7M
Q2 25
$91.7M
$62.6M
Q1 25
$86.7M
$63.0M
Q4 24
$92.7M
$56.3M
Q3 24
$91.5M
$53.3M
Q2 24
$89.0M
$51.0M
Q1 24
$79.1M
$53.3M
Net Profit
IMAX
IMAX
MFIN
MFIN
Q4 25
$637.0K
$12.2M
Q3 25
$20.7M
$7.8M
Q2 25
$11.3M
$11.1M
Q1 25
$2.3M
$12.0M
Q4 24
$5.3M
$10.1M
Q3 24
$13.9M
$8.6M
Q2 24
$3.6M
$7.1M
Q1 24
$3.3M
$10.0M
Gross Margin
IMAX
IMAX
MFIN
MFIN
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
IMAX
IMAX
MFIN
MFIN
Q4 25
19.3%
29.3%
Q3 25
27.2%
33.2%
Q2 25
15.6%
31.1%
Q1 25
19.3%
32.1%
Q4 24
10.3%
32.8%
Q3 24
21.2%
26.6%
Q2 24
3.2%
24.3%
Q1 24
15.3%
33.6%
Net Margin
IMAX
IMAX
MFIN
MFIN
Q4 25
0.5%
17.3%
Q3 25
19.4%
13.2%
Q2 25
12.3%
17.7%
Q1 25
2.7%
19.1%
Q4 24
5.7%
18.0%
Q3 24
15.2%
16.1%
Q2 24
4.0%
13.9%
Q1 24
4.1%
18.8%
EPS (diluted)
IMAX
IMAX
MFIN
MFIN
Q4 25
$0.02
$0.50
Q3 25
$0.37
$0.32
Q2 25
$0.20
$0.46
Q1 25
$0.04
$0.50
Q4 24
$0.09
$0.43
Q3 24
$0.26
$0.37
Q2 24
$0.07
$0.30
Q1 24
$0.06
$0.42

Balance Sheet & Financial Strength

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

Metric
IMAX
IMAX
MFIN
MFIN
Cash + ST InvestmentsLiquidity on hand
$151.2M
$136.3M
Total DebtLower is stronger
$216.0M
Stockholders' EquityBook value
$337.9M
$408.6M
Total Assets
$894.0M
$3.0B
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMAX
IMAX
MFIN
MFIN
Q4 25
$151.2M
$136.3M
Q3 25
$143.1M
$72.5M
Q2 25
$109.3M
$110.4M
Q1 25
$97.1M
$131.5M
Q4 24
$100.6M
$98.2M
Q3 24
$104.5M
$120.6M
Q2 24
$91.6M
$87.7M
Q1 24
$81.0M
$54.8M
Total Debt
IMAX
IMAX
MFIN
MFIN
Q4 25
$216.0M
Q3 25
$215.7M
Q2 25
$199.9M
Q1 25
$199.7M
Q4 24
$232.2M
Q3 24
$232.0M
Q2 24
$230.8M
Q1 24
$225.6M
Stockholders' Equity
IMAX
IMAX
MFIN
MFIN
Q4 25
$337.9M
$408.6M
Q3 25
$349.5M
$397.4M
Q2 25
$320.4M
$389.9M
Q1 25
$299.5M
$380.2M
Q4 24
$299.5M
$370.2M
Q3 24
$289.4M
$362.4M
Q2 24
$267.2M
$354.0M
Q1 24
$258.8M
$349.0M
Total Assets
IMAX
IMAX
MFIN
MFIN
Q4 25
$894.0M
$3.0B
Q3 25
$889.6M
$2.9B
Q2 25
$868.6M
$2.9B
Q1 25
$848.3M
$2.8B
Q4 24
$830.4M
$2.9B
Q3 24
$847.6M
$2.9B
Q2 24
$827.4M
$2.8B
Q1 24
$824.1M
$2.6B
Debt / Equity
IMAX
IMAX
MFIN
MFIN
Q4 25
0.53×
Q3 25
0.54×
Q2 25
0.51×
Q1 25
0.53×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.65×
Q1 24
0.65×

Cash Flow & Capital Efficiency

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

Metric
IMAX
IMAX
MFIN
MFIN
Operating Cash FlowLast quarter
$29.4M
$126.3M
Free Cash FlowOCF − Capex
$28.0M
FCF MarginFCF / Revenue
22.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
46.11×
10.35×
TTM Free Cash FlowTrailing 4 quarters
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMAX
IMAX
MFIN
MFIN
Q4 25
$29.4M
$126.3M
Q3 25
$67.5M
$67.0M
Q2 25
$23.2M
$-10.7M
Q1 25
$7.0M
$36.3M
Q4 24
$11.5M
$108.7M
Q3 24
$35.3M
$24.6M
Q2 24
$35.0M
$27.6M
Q1 24
$-11.0M
$32.3M
Free Cash Flow
IMAX
IMAX
MFIN
MFIN
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
FCF Margin
IMAX
IMAX
MFIN
MFIN
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%
Capex Intensity
IMAX
IMAX
MFIN
MFIN
Q4 25
1.1%
Q3 25
2.6%
Q2 25
2.6%
Q1 25
1.9%
Q4 24
5.0%
Q3 24
1.2%
Q2 24
1.8%
Q1 24
1.4%
Cash Conversion
IMAX
IMAX
MFIN
MFIN
Q4 25
46.11×
10.35×
Q3 25
3.27×
8.63×
Q2 25
2.06×
-0.97×
Q1 25
2.99×
3.02×
Q4 24
2.16×
10.72×
Q3 24
2.54×
2.86×
Q2 24
9.78×
3.89×
Q1 24
-3.35×
3.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

MFIN
MFIN

Segment breakdown not available.

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