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Side-by-side financial comparison of IMAX CORP (IMAX) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.
Vital Farms, Inc. is the larger business by last-quarter revenue ($213.6M vs $125.2M, roughly 1.7× IMAX CORP). Vital Farms, Inc. runs the higher net margin — 7.6% vs 0.5%, a 7.1% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 28.7%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $-32.1M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 20.2%).
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.
Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".
IMAX vs VITL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $125.2M | $213.6M |
| Net Profit | $637.0K | $16.3M |
| Gross Margin | 57.6% | 35.8% |
| Operating Margin | 19.3% | 10.0% |
| Net Margin | 0.5% | 7.6% |
| Revenue YoY | 35.1% | 28.7% |
| Net Profit YoY | -88.0% | 54.3% |
| EPS (diluted) | $0.02 | $0.35 |
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 | $213.6M | ||
| Q3 25 | $106.7M | $198.9M | ||
| Q2 25 | $91.7M | $184.8M | ||
| Q1 25 | $86.7M | $162.2M | ||
| Q4 24 | $92.7M | $166.0M | ||
| Q3 24 | $91.5M | $145.0M | ||
| Q2 24 | $89.0M | $147.4M | ||
| Q1 24 | $79.1M | $147.9M |
| Q4 25 | $637.0K | $16.3M | ||
| Q3 25 | $20.7M | $16.4M | ||
| Q2 25 | $11.3M | $16.6M | ||
| Q1 25 | $2.3M | $16.9M | ||
| Q4 24 | $5.3M | $10.6M | ||
| Q3 24 | $13.9M | $7.4M | ||
| Q2 24 | $3.6M | $16.3M | ||
| Q1 24 | $3.3M | $19.0M |
| Q4 25 | 57.6% | 35.8% | ||
| Q3 25 | 63.1% | 37.7% | ||
| Q2 25 | 58.5% | 38.9% | ||
| Q1 25 | 61.4% | 38.5% | ||
| Q4 24 | 52.2% | 36.1% | ||
| Q3 24 | 55.8% | 36.9% | ||
| Q2 24 | 49.4% | 39.1% | ||
| Q1 24 | 59.3% | 39.8% |
| Q4 25 | 19.3% | 10.0% | ||
| Q3 25 | 27.2% | 10.8% | ||
| Q2 25 | 15.6% | 12.9% | ||
| Q1 25 | 19.3% | 13.4% | ||
| Q4 24 | 10.3% | 7.8% | ||
| Q3 24 | 21.2% | 6.4% | ||
| Q2 24 | 3.2% | 11.6% | ||
| Q1 24 | 15.3% | 16.3% |
| Q4 25 | 0.5% | 7.6% | ||
| Q3 25 | 19.4% | 8.3% | ||
| Q2 25 | 12.3% | 9.0% | ||
| Q1 25 | 2.7% | 10.4% | ||
| Q4 24 | 5.7% | 6.4% | ||
| Q3 24 | 15.2% | 5.1% | ||
| Q2 24 | 4.0% | 11.1% | ||
| Q1 24 | 4.1% | 12.9% |
| Q4 25 | $0.02 | $0.35 | ||
| Q3 25 | $0.37 | $0.36 | ||
| Q2 25 | $0.20 | $0.36 | ||
| Q1 25 | $0.04 | $0.37 | ||
| Q4 24 | $0.09 | $0.23 | ||
| Q3 24 | $0.26 | $0.16 | ||
| Q2 24 | $0.07 | $0.36 | ||
| Q1 24 | $0.06 | $0.43 |
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 | $48.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $337.9M | $351.3M |
| Total Assets | $894.0M | $518.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $151.2M | $48.8M | ||
| Q3 25 | $143.1M | $93.8M | ||
| Q2 25 | $109.3M | $108.2M | ||
| Q1 25 | $97.1M | $156.3M | ||
| Q4 24 | $100.6M | $150.6M | ||
| Q3 24 | $104.5M | $149.5M | ||
| Q2 24 | $91.6M | $133.2M | ||
| Q1 24 | $81.0M | $113.8M |
| Q4 25 | $337.9M | $351.3M | ||
| Q3 25 | $349.5M | $331.2M | ||
| Q2 25 | $320.4M | $309.8M | ||
| Q1 25 | $299.5M | $288.9M | ||
| Q4 24 | $299.5M | $269.3M | ||
| Q3 24 | $289.4M | $253.4M | ||
| Q2 24 | $267.2M | $238.4M | ||
| Q1 24 | $258.8M | $213.3M |
| Q4 25 | $894.0M | $518.7M | ||
| Q3 25 | $889.6M | $481.5M | ||
| Q2 25 | $868.6M | $430.8M | ||
| Q1 25 | $848.3M | $376.9M | ||
| Q4 24 | $830.4M | $359.3M | ||
| Q3 24 | $847.6M | $344.7M | ||
| Q2 24 | $827.4M | $320.5M | ||
| Q1 24 | $824.1M | $300.2M |
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 | $5.8M |
| Free Cash FlowOCF − Capex | $28.0M | $-32.1M |
| FCF MarginFCF / Revenue | 22.3% | -15.1% |
| Capex IntensityCapex / Revenue | 1.1% | 17.8% |
| Cash ConversionOCF / Net Profit | 46.11× | 0.35× |
| TTM Free Cash FlowTrailing 4 quarters | $118.9M | $-48.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.4M | $5.8M | ||
| Q3 25 | $67.5M | $23.4M | ||
| Q2 25 | $23.2M | $-761.0K | ||
| Q1 25 | $7.0M | $5.3M | ||
| Q4 24 | $11.5M | $14.8M | ||
| Q3 24 | $35.3M | $10.0M | ||
| Q2 24 | $35.0M | $16.1M | ||
| Q1 24 | $-11.0M | $23.9M |
| Q4 25 | $28.0M | $-32.1M | ||
| Q3 25 | $64.8M | $-10.6M | ||
| Q2 25 | $20.9M | $-7.6M | ||
| Q1 25 | $5.3M | $2.1M | ||
| Q4 24 | $6.9M | $-3.4M | ||
| Q3 24 | $34.2M | $6.4M | ||
| Q2 24 | $33.5M | $10.5M | ||
| Q1 24 | $-12.1M | $22.6M |
| Q4 25 | 22.3% | -15.1% | ||
| Q3 25 | 60.7% | -5.3% | ||
| Q2 25 | 22.8% | -4.1% | ||
| Q1 25 | 6.1% | 1.3% | ||
| Q4 24 | 7.4% | -2.0% | ||
| Q3 24 | 37.3% | 4.4% | ||
| Q2 24 | 37.6% | 7.2% | ||
| Q1 24 | -15.3% | 15.3% |
| Q4 25 | 1.1% | 17.8% | ||
| Q3 25 | 2.6% | 17.1% | ||
| Q2 25 | 2.6% | 3.7% | ||
| Q1 25 | 1.9% | 1.9% | ||
| Q4 24 | 5.0% | 10.9% | ||
| Q3 24 | 1.2% | 2.5% | ||
| Q2 24 | 1.8% | 3.8% | ||
| Q1 24 | 1.4% | 0.9% |
| Q4 25 | 46.11× | 0.35× | ||
| Q3 25 | 3.27× | 1.43× | ||
| Q2 25 | 2.06× | -0.05× | ||
| Q1 25 | 2.99× | 0.31× | ||
| Q4 24 | 2.16× | 1.40× | ||
| Q3 24 | 2.54× | 1.34× | ||
| Q2 24 | 9.78× | 0.99× | ||
| Q1 24 | -3.35× | 1.26× |
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% |
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |
