vs
Side-by-side financial comparison of IMAX CORP (IMAX) and Repay Holdings Corp (RPAY). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $78.6M, roughly 1.6× Repay Holdings Corp). IMAX CORP runs the higher net margin — 0.5% vs -178.3%, a 178.8% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 0.4%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $23.2M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs -1.3%).
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.
Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.
IMAX vs RPAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $125.2M | $78.6M |
| Net Profit | $637.0K | $-140.1M |
| Gross Margin | 57.6% | 74.2% |
| Operating Margin | 19.3% | -182.2% |
| Net Margin | 0.5% | -178.3% |
| Revenue YoY | 35.1% | 0.4% |
| Net Profit YoY | -88.0% | -3304.1% |
| EPS (diluted) | $0.02 | $-1.68 |
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 | $78.6M | ||
| Q3 25 | $106.7M | $77.7M | ||
| Q2 25 | $91.7M | $75.6M | ||
| Q1 25 | $86.7M | $77.3M | ||
| Q4 24 | $92.7M | $78.3M | ||
| Q3 24 | $91.5M | $79.1M | ||
| Q2 24 | $89.0M | $74.9M | ||
| Q1 24 | $79.1M | $80.7M |
| Q4 25 | $637.0K | $-140.1M | ||
| Q3 25 | $20.7M | $-6.4M | ||
| Q2 25 | $11.3M | $-102.3M | ||
| Q1 25 | $2.3M | $-7.9M | ||
| Q4 24 | $5.3M | $-4.1M | ||
| Q3 24 | $13.9M | $3.2M | ||
| Q2 24 | $3.6M | $-4.1M | ||
| Q1 24 | $3.3M | $-5.2M |
| Q4 25 | 57.6% | 74.2% | ||
| Q3 25 | 63.1% | 74.4% | ||
| Q2 25 | 58.5% | 75.7% | ||
| Q1 25 | 61.4% | 75.9% | ||
| Q4 24 | 52.2% | 76.3% | ||
| Q3 24 | 55.8% | 77.8% | ||
| Q2 24 | 49.4% | 78.2% | ||
| Q1 24 | 59.3% | 76.2% |
| Q4 25 | 19.3% | -182.2% | ||
| Q3 25 | 27.2% | -3.9% | ||
| Q2 25 | 15.6% | -138.7% | ||
| Q1 25 | 19.3% | -4.7% | ||
| Q4 24 | 10.3% | -1.5% | ||
| Q3 24 | 21.2% | -0.9% | ||
| Q2 24 | 3.2% | -4.6% | ||
| Q1 24 | 15.3% | -3.1% |
| Q4 25 | 0.5% | -178.3% | ||
| Q3 25 | 19.4% | -8.3% | ||
| Q2 25 | 12.3% | -135.2% | ||
| Q1 25 | 2.7% | -10.3% | ||
| Q4 24 | 5.7% | -5.3% | ||
| Q3 24 | 15.2% | 4.1% | ||
| Q2 24 | 4.0% | -5.4% | ||
| Q1 24 | 4.1% | -6.5% |
| Q4 25 | $0.02 | $-1.68 | ||
| Q3 25 | $0.37 | $-0.08 | ||
| Q2 25 | $0.20 | $-1.15 | ||
| Q1 25 | $0.04 | $-0.09 | ||
| Q4 24 | $0.09 | $-0.04 | ||
| Q3 24 | $0.26 | $0.03 | ||
| Q2 24 | $0.07 | $-0.04 | ||
| Q1 24 | $0.06 | $-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 | $151.2M | $115.7M |
| Total DebtLower is stronger | — | $280.1M |
| Stockholders' EquityBook value | $337.9M | $484.4M |
| Total Assets | $894.0M | $1.2B |
| Debt / EquityLower = less leverage | — | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $151.2M | $115.7M | ||
| Q3 25 | $143.1M | $95.7M | ||
| Q2 25 | $109.3M | $162.6M | ||
| Q1 25 | $97.1M | $165.5M | ||
| Q4 24 | $100.6M | $189.5M | ||
| Q3 24 | $104.5M | $168.7M | ||
| Q2 24 | $91.6M | $147.1M | ||
| Q1 24 | $81.0M | $128.3M |
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
| Q4 25 | $337.9M | $484.4M | ||
| Q3 25 | $349.5M | $616.9M | ||
| Q2 25 | $320.4M | $633.7M | ||
| Q1 25 | $299.5M | $755.7M | ||
| Q4 24 | $299.5M | $761.3M | ||
| Q3 24 | $289.4M | $754.7M | ||
| Q2 24 | $267.2M | $815.4M | ||
| Q1 24 | $258.8M | $813.8M |
| Q4 25 | $894.0M | $1.2B | ||
| Q3 25 | $889.6M | $1.3B | ||
| Q2 25 | $868.6M | $1.4B | ||
| Q1 25 | $848.3M | $1.5B | ||
| Q4 24 | $830.4M | $1.6B | ||
| Q3 24 | $847.6M | $1.6B | ||
| Q2 24 | $827.4M | $1.5B | ||
| Q1 24 | $824.1M | $1.5B |
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $23.3M |
| Free Cash FlowOCF − Capex | $28.0M | $23.2M |
| FCF MarginFCF / Revenue | 22.3% | 29.6% |
| Capex IntensityCapex / Revenue | 1.1% | 0.1% |
| Cash ConversionOCF / Net Profit | 46.11× | — |
| TTM Free Cash FlowTrailing 4 quarters | $118.9M | $90.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.4M | $23.3M | ||
| Q3 25 | $67.5M | $32.2M | ||
| Q2 25 | $23.2M | $33.1M | ||
| Q1 25 | $7.0M | $2.5M | ||
| Q4 24 | $11.5M | $34.3M | ||
| Q3 24 | $35.3M | $60.1M | ||
| Q2 24 | $35.0M | $31.0M | ||
| Q1 24 | $-11.0M | $24.8M |
| Q4 25 | $28.0M | $23.2M | ||
| Q3 25 | $64.8M | $32.1M | ||
| Q2 25 | $20.9M | $33.0M | ||
| Q1 25 | $5.3M | $2.4M | ||
| Q4 24 | $6.9M | $34.0M | ||
| Q3 24 | $34.2M | $59.8M | ||
| Q2 24 | $33.5M | $30.5M | ||
| Q1 24 | $-12.1M | $24.7M |
| Q4 25 | 22.3% | 29.6% | ||
| Q3 25 | 60.7% | 41.3% | ||
| Q2 25 | 22.8% | 43.6% | ||
| Q1 25 | 6.1% | 3.0% | ||
| Q4 24 | 7.4% | 43.5% | ||
| Q3 24 | 37.3% | 75.6% | ||
| Q2 24 | 37.6% | 40.7% | ||
| Q1 24 | -15.3% | 30.6% |
| Q4 25 | 1.1% | 0.1% | ||
| Q3 25 | 2.6% | 0.2% | ||
| Q2 25 | 2.6% | 0.1% | ||
| Q1 25 | 1.9% | 0.2% | ||
| Q4 24 | 5.0% | 0.3% | ||
| Q3 24 | 1.2% | 0.3% | ||
| Q2 24 | 1.8% | 0.6% | ||
| 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× | 18.52× | ||
| 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% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
