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Side-by-side financial comparison of IMAX CORP (IMAX) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.

CPI Card Group Inc. is the larger business by last-quarter revenue ($153.1M vs $125.2M, roughly 1.2× IMAX CORP). CPI Card Group Inc. runs the higher net margin — 4.8% vs 0.5%, a 4.3% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 22.3%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $28.0M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 16.9%).

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.

CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.

IMAX vs PMTS — Head-to-Head

Bigger by revenue
PMTS
PMTS
1.2× larger
PMTS
$153.1M
$125.2M
IMAX
Growing faster (revenue YoY)
IMAX
IMAX
+12.8% gap
IMAX
35.1%
22.3%
PMTS
Higher net margin
PMTS
PMTS
4.3% more per $
PMTS
4.8%
0.5%
IMAX
More free cash flow
PMTS
PMTS
$7.2M more FCF
PMTS
$35.2M
$28.0M
IMAX
Faster 2-yr revenue CAGR
IMAX
IMAX
Annualised
IMAX
25.8%
16.9%
PMTS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IMAX
IMAX
PMTS
PMTS
Revenue
$125.2M
$153.1M
Net Profit
$637.0K
$7.3M
Gross Margin
57.6%
31.5%
Operating Margin
19.3%
12.0%
Net Margin
0.5%
4.8%
Revenue YoY
35.1%
22.3%
Net Profit YoY
-88.0%
8.5%
EPS (diluted)
$0.02
$0.62

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
PMTS
PMTS
Q4 25
$125.2M
$153.1M
Q3 25
$106.7M
$138.0M
Q2 25
$91.7M
$129.8M
Q1 25
$86.7M
$122.8M
Q4 24
$92.7M
$125.1M
Q3 24
$91.5M
$124.8M
Q2 24
$89.0M
$118.8M
Q1 24
$79.1M
$111.9M
Net Profit
IMAX
IMAX
PMTS
PMTS
Q4 25
$637.0K
$7.3M
Q3 25
$20.7M
$2.3M
Q2 25
$11.3M
$518.0K
Q1 25
$2.3M
$4.8M
Q4 24
$5.3M
$6.8M
Q3 24
$13.9M
$1.3M
Q2 24
$3.6M
$6.0M
Q1 24
$3.3M
$5.5M
Gross Margin
IMAX
IMAX
PMTS
PMTS
Q4 25
57.6%
31.5%
Q3 25
63.1%
29.7%
Q2 25
58.5%
30.9%
Q1 25
61.4%
33.2%
Q4 24
52.2%
34.1%
Q3 24
55.8%
35.8%
Q2 24
49.4%
35.7%
Q1 24
59.3%
37.1%
Operating Margin
IMAX
IMAX
PMTS
PMTS
Q4 25
19.3%
12.0%
Q3 25
27.2%
9.4%
Q2 25
15.6%
7.3%
Q1 25
19.3%
11.5%
Q4 24
10.3%
12.7%
Q3 24
21.2%
14.3%
Q2 24
3.2%
12.5%
Q1 24
15.3%
12.6%
Net Margin
IMAX
IMAX
PMTS
PMTS
Q4 25
0.5%
4.8%
Q3 25
19.4%
1.7%
Q2 25
12.3%
0.4%
Q1 25
2.7%
3.9%
Q4 24
5.7%
5.4%
Q3 24
15.2%
1.0%
Q2 24
4.0%
5.1%
Q1 24
4.1%
4.9%
EPS (diluted)
IMAX
IMAX
PMTS
PMTS
Q4 25
$0.02
$0.62
Q3 25
$0.37
$0.19
Q2 25
$0.20
$0.04
Q1 25
$0.04
$0.40
Q4 24
$0.09
$0.56
Q3 24
$0.26
$0.11
Q2 24
$0.07
$0.51
Q1 24
$0.06
$0.46

Balance Sheet & Financial Strength

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

Metric
IMAX
IMAX
PMTS
PMTS
Cash + ST InvestmentsLiquidity on hand
$151.2M
$21.7M
Total DebtLower is stronger
$286.7M
Stockholders' EquityBook value
$337.9M
$-17.3M
Total Assets
$894.0M
$403.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMAX
IMAX
PMTS
PMTS
Q4 25
$151.2M
$21.7M
Q3 25
$143.1M
$16.0M
Q2 25
$109.3M
$17.1M
Q1 25
$97.1M
$31.5M
Q4 24
$100.6M
$33.5M
Q3 24
$104.5M
$14.7M
Q2 24
$91.6M
$7.5M
Q1 24
$81.0M
$17.1M
Total Debt
IMAX
IMAX
PMTS
PMTS
Q4 25
$286.7M
Q3 25
$308.4M
Q2 25
$310.9M
Q1 25
$280.7M
Q4 24
$280.4M
Q3 24
$280.2M
Q2 24
$269.7M
Q1 24
$265.3M
Stockholders' Equity
IMAX
IMAX
PMTS
PMTS
Q4 25
$337.9M
$-17.3M
Q3 25
$349.5M
$-25.7M
Q2 25
$320.4M
$-29.0M
Q1 25
$299.5M
$-29.7M
Q4 24
$299.5M
$-35.6M
Q3 24
$289.4M
$-42.8M
Q2 24
$267.2M
$-44.6M
Q1 24
$258.8M
$-48.5M
Total Assets
IMAX
IMAX
PMTS
PMTS
Q4 25
$894.0M
$403.2M
Q3 25
$889.6M
$407.1M
Q2 25
$868.6M
$399.8M
Q1 25
$848.3M
$351.9M
Q4 24
$830.4M
$349.7M
Q3 24
$847.6M
$342.3M
Q2 24
$827.4M
$321.4M
Q1 24
$824.1M
$319.8M

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
PMTS
PMTS
Operating Cash FlowLast quarter
$29.4M
$39.6M
Free Cash FlowOCF − Capex
$28.0M
$35.2M
FCF MarginFCF / Revenue
22.3%
23.0%
Capex IntensityCapex / Revenue
1.1%
2.9%
Cash ConversionOCF / Net Profit
46.11×
5.39×
TTM Free Cash FlowTrailing 4 quarters
$118.9M
$41.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMAX
IMAX
PMTS
PMTS
Q4 25
$29.4M
$39.6M
Q3 25
$67.5M
$10.0M
Q2 25
$23.2M
$4.3M
Q1 25
$7.0M
$5.6M
Q4 24
$11.5M
$26.7M
Q3 24
$35.3M
$12.5M
Q2 24
$35.0M
$-4.8M
Q1 24
$-11.0M
$8.9M
Free Cash Flow
IMAX
IMAX
PMTS
PMTS
Q4 25
$28.0M
$35.2M
Q3 25
$64.8M
$5.3M
Q2 25
$20.9M
$533.0K
Q1 25
$5.3M
$292.0K
Q4 24
$6.9M
$21.6M
Q3 24
$34.2M
$11.1M
Q2 24
$33.5M
$-6.0M
Q1 24
$-12.1M
$7.4M
FCF Margin
IMAX
IMAX
PMTS
PMTS
Q4 25
22.3%
23.0%
Q3 25
60.7%
3.8%
Q2 25
22.8%
0.4%
Q1 25
6.1%
0.2%
Q4 24
7.4%
17.3%
Q3 24
37.3%
8.9%
Q2 24
37.6%
-5.0%
Q1 24
-15.3%
6.6%
Capex Intensity
IMAX
IMAX
PMTS
PMTS
Q4 25
1.1%
2.9%
Q3 25
2.6%
3.4%
Q2 25
2.6%
2.9%
Q1 25
1.9%
4.3%
Q4 24
5.0%
4.0%
Q3 24
1.2%
1.2%
Q2 24
1.8%
1.0%
Q1 24
1.4%
1.3%
Cash Conversion
IMAX
IMAX
PMTS
PMTS
Q4 25
46.11×
5.39×
Q3 25
3.27×
4.32×
Q2 25
2.06×
8.39×
Q1 25
2.99×
1.17×
Q4 24
2.16×
3.94×
Q3 24
2.54×
9.70×
Q2 24
9.78×
-0.79×
Q1 24
-3.35×
1.63×

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%

PMTS
PMTS

US Debit And Credit$128.9M84%
US Prepaid Debit$24.4M16%

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