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IMAX（IMAX）与Merchants Bancorp（MBIN）财务数据对比。点击上方公司名可切换其他公司
Merchants Bancorp的季度营收约是IMAX的1.4倍（$175.2M vs $125.2M），Merchants Bancorp净利率更高（38.6% vs 0.5%，领先38.1%），过去两年IMAX的营收复合增速更高（25.8% vs 4.8%）
IMAX公司是加拿大的影视放映技术企业，1967年创立于蒙特利尔，总部位于多伦多地区，在纽约、洛杉矶均设有业务点。核心业务包括IMAX摄影机与放映系统的设计制造，同时面向全球合作影院提供影片开发、制作、后期及发行服务，是沉浸式观影技术领域的领先企业。
Ameris Bancorp是总部位于美国佐治亚州亚特兰大的银行控股企业，旗下设有Ameris Bank子公司，在佐治亚州、阿拉巴马州、佛罗里达州、北卡罗来纳州、南卡罗来纳州运营全服务网点，同时在上述五州及弗吉尼亚州、马里兰州、田纳西州设立仅办理抵押贷款业务的网点，为个人和企业客户提供线上及移动端银行服务。
IMAX vs MBIN — 直观对比
营收规模更大
MBIN
是对方的1.4倍
$125.2M
净利率更高
MBIN
高出38.1%
0.5%
两年增速更快
IMAX
近两年复合增速
4.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $175.2M |
| 净利润 | $637.0K | $67.7M |
| 毛利率 | 57.6% | — |
| 营业利润率 | 19.3% | — |
| 净利率 | 0.5% | 38.6% |
| 营收同比 | 35.1% | — |
| 净利润同比 | -88.0% | 16.3% |
| 每股收益（稀释后） | $0.02 | $1.25 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IMAXMBIN
| Q1 26 | — | $175.2M | ||
| Q4 25 | $125.2M | $185.3M | ||
| Q3 25 | $106.7M | $171.1M | ||
| Q2 25 | $91.7M | $179.2M | ||
| Q1 25 | $86.7M | $145.9M | ||
| Q4 24 | $92.7M | $193.8M | ||
| Q3 24 | $91.5M | $149.6M | ||
| Q2 24 | $89.0M | $159.5M |
净利润IMAXMBIN
| Q1 26 | — | $67.7M | ||
| Q4 25 | $637.0K | — | ||
| Q3 25 | $20.7M | $54.7M | ||
| Q2 25 | $11.3M | $38.0M | ||
| Q1 25 | $2.3M | $58.2M | ||
| Q4 24 | $5.3M | — | ||
| Q3 24 | $13.9M | $61.3M | ||
| Q2 24 | $3.6M | $76.4M |
毛利率IMAXMBIN
| Q1 26 | — | — | ||
| 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% | — |
营业利润率IMAXMBIN
| Q1 26 | — | — | ||
| Q4 25 | 19.3% | 39.9% | ||
| Q3 25 | 27.2% | 37.8% | ||
| Q2 25 | 15.6% | 27.3% | ||
| Q1 25 | 19.3% | 52.4% | ||
| Q4 24 | 10.3% | 66.0% | ||
| Q3 24 | 21.2% | 54.4% | ||
| Q2 24 | 3.2% | 62.2% |
净利率IMAXMBIN
| Q1 26 | — | 38.6% | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 19.4% | 32.0% | ||
| Q2 25 | 12.3% | 21.2% | ||
| Q1 25 | 2.7% | 39.9% | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 15.2% | 41.0% | ||
| Q2 24 | 4.0% | 47.9% |
每股收益（稀释后）IMAXMBIN
| Q1 26 | — | $1.25 | ||
| Q4 25 | $0.02 | $1.28 | ||
| Q3 25 | $0.37 | $0.97 | ||
| Q2 25 | $0.20 | $0.60 | ||
| Q1 25 | $0.04 | $0.93 | ||
| Q4 24 | $0.09 | $1.84 | ||
| Q3 24 | $0.26 | $1.17 | ||
| Q2 24 | $0.07 | $1.49 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $151.2M | $83.2M |
| 总债务越低越好 | — | $32.0M |
| 股东权益账面价值 | $337.9M | $2.3B |
| 总资产 | $894.0M | $20.3B |
| 负债/权益比越低杠杆越低 | — | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资IMAXMBIN
| Q1 26 | — | $83.2M | ||
| Q4 25 | $151.2M | — | ||
| Q3 25 | $143.1M | — | ||
| Q2 25 | $109.3M | — | ||
| Q1 25 | $97.1M | — | ||
| Q4 24 | $100.6M | — | ||
| Q3 24 | $104.5M | — | ||
| Q2 24 | $91.6M | — |
总债务IMAXMBIN
| Q1 26 | — | $32.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IMAXMBIN
| Q1 26 | — | $2.3B | ||
| Q4 25 | $337.9M | $2.3B | ||
| Q3 25 | $349.5M | $2.2B | ||
| Q2 25 | $320.4M | $2.2B | ||
| Q1 25 | $299.5M | $2.2B | ||
| Q4 24 | $299.5M | $2.2B | ||
| Q3 24 | $289.4M | $1.9B | ||
| Q2 24 | $267.2M | $1.9B |
总资产IMAXMBIN
| Q1 26 | — | $20.3B | ||
| Q4 25 | $894.0M | $19.4B | ||
| Q3 25 | $889.6M | $19.4B | ||
| Q2 25 | $868.6M | $19.1B | ||
| Q1 25 | $848.3M | $18.8B | ||
| Q4 24 | $830.4M | $18.8B | ||
| Q3 24 | $847.6M | $18.7B | ||
| Q2 24 | $827.4M | $18.2B |
负债/权益比IMAXMBIN
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $29.4M | — |
| 自由现金流经营现金流 - 资本支出 | $28.0M | — |
| 自由现金流率自由现金流/营收 | 22.3% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | 46.11× | — |
| 过去12个月自由现金流最近4个季度 | $118.9M | — |
8季度趋势，按日历期对齐
经营现金流IMAXMBIN
| Q1 26 | — | — | ||
| Q4 25 | $29.4M | $-341.2M | ||
| Q3 25 | $67.5M | $29.8M | ||
| Q2 25 | $23.2M | $-121.2M | ||
| Q1 25 | $7.0M | $148.0M | ||
| Q4 24 | $11.5M | $-835.3M | ||
| Q3 24 | $35.3M | $-492.6M | ||
| Q2 24 | $35.0M | $51.1M |
自由现金流IMAXMBIN
| Q1 26 | — | — | ||
| Q4 25 | $28.0M | $-362.2M | ||
| Q3 25 | $64.8M | $24.0M | ||
| Q2 25 | $20.9M | $-125.7M | ||
| Q1 25 | $5.3M | $141.2M | ||
| Q4 24 | $6.9M | $-853.7M | ||
| Q3 24 | $34.2M | $-497.2M | ||
| Q2 24 | $33.5M | $45.8M |
自由现金流率IMAXMBIN
| Q1 26 | — | — | ||
| Q4 25 | 22.3% | -195.5% | ||
| Q3 25 | 60.7% | 14.0% | ||
| Q2 25 | 22.8% | -70.1% | ||
| Q1 25 | 6.1% | 96.8% | ||
| Q4 24 | 7.4% | -440.6% | ||
| Q3 24 | 37.3% | -332.4% | ||
| Q2 24 | 37.6% | 28.7% |
资本支出强度IMAXMBIN
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 11.3% | ||
| Q3 25 | 2.6% | 3.4% | ||
| Q2 25 | 2.6% | 2.5% | ||
| Q1 25 | 1.9% | 4.7% | ||
| Q4 24 | 5.0% | 9.5% | ||
| Q3 24 | 1.2% | 3.0% | ||
| Q2 24 | 1.8% | 3.3% |
现金转化率IMAXMBIN
| Q1 26 | — | — | ||
| Q4 25 | 46.11× | — | ||
| Q3 25 | 3.27× | 0.54× | ||
| Q2 25 | 2.06× | -3.19× | ||
| Q1 25 | 2.99× | 2.54× | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 2.54× | -8.04× | ||
| Q2 24 | 9.78× | 0.67× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
MBIN
| Net Interest Income | $128.6M | 73% |
| Noninterest Income | $46.6M | 27% |
