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IMAX（IMAX）与NOODLES & Co（NDLS）财务数据对比。点击上方公司名可切换其他公司
IMAX的季度营收约是NOODLES & Co的1.0倍（$125.2M vs $122.1M），IMAX净利率更高（0.5% vs -7.5%，领先8.0%），IMAX同比增速更快（35.1% vs -4.1%），IMAX自由现金流更多（$28.0M vs $-2.8M），过去两年IMAX的营收复合增速更高（25.8% vs -1.2%）
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。
Noodles & Company是源自美国的休闲快餐连锁品牌，主打融合多国风味及美式特色的面条菜品，同时也供应汤品和沙拉。品牌由亚伦·肯尼迪创立于1995年，总部位于科罗拉多州布鲁姆菲尔德，截至2022年年中，品牌已在美国31个州开出了458家门店。
IMAX vs NDLS — 直观对比
营收规模更大
IMAX
是对方的1.0倍
$122.1M
营收增速更快
IMAX
高出39.2%
-4.1%
净利率更高
IMAX
高出8.0%
-7.5%
自由现金流更多
IMAX
多$30.8M
$-2.8M
两年增速更快
IMAX
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $122.1M |
| 净利润 | $637.0K | $-9.2M |
| 毛利率 | 57.6% | — |
| 营业利润率 | 19.3% | -5.2% |
| 净利率 | 0.5% | -7.5% |
| 营收同比 | 35.1% | -4.1% |
| 净利润同比 | -88.0% | 32.8% |
| 每股收益（稀释后） | $0.02 | $-0.20 |
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IMAXNDLS
| Q4 25 | $125.2M | — | ||
| Q3 25 | $106.7M | $122.1M | ||
| Q2 25 | $91.7M | $123.8M | ||
| Q1 25 | $86.7M | — | ||
| Q4 24 | $92.7M | $122.8M | ||
| Q3 24 | $91.5M | $127.4M | ||
| Q2 24 | $89.0M | $121.4M | ||
| Q1 24 | $79.1M | $124.3M |
净利润IMAXNDLS
| Q4 25 | $637.0K | — | ||
| Q3 25 | $20.7M | $-9.2M | ||
| Q2 25 | $11.3M | $-9.1M | ||
| Q1 25 | $2.3M | — | ||
| Q4 24 | $5.3M | $-6.8M | ||
| Q3 24 | $13.9M | $-13.6M | ||
| Q2 24 | $3.6M | $-6.1M | ||
| Q1 24 | $3.3M | $-6.1M |
毛利率IMAXNDLS
| 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% | — |
营业利润率IMAXNDLS
| Q4 25 | 19.3% | — | ||
| Q3 25 | 27.2% | -5.2% | ||
| Q2 25 | 15.6% | -5.2% | ||
| Q1 25 | 19.3% | — | ||
| Q4 24 | 10.3% | -3.9% | ||
| Q3 24 | 21.2% | -9.0% | ||
| Q2 24 | 3.2% | -3.4% | ||
| Q1 24 | 15.3% | -3.7% |
净利率IMAXNDLS
| Q4 25 | 0.5% | — | ||
| Q3 25 | 19.4% | -7.5% | ||
| Q2 25 | 12.3% | -7.3% | ||
| Q1 25 | 2.7% | — | ||
| Q4 24 | 5.7% | -5.5% | ||
| Q3 24 | 15.2% | -10.7% | ||
| Q2 24 | 4.0% | -5.1% | ||
| Q1 24 | 4.1% | -4.9% |
每股收益（稀释后）IMAXNDLS
| Q4 25 | $0.02 | — | ||
| Q3 25 | $0.37 | $-0.20 | ||
| Q2 25 | $0.20 | $-0.20 | ||
| Q1 25 | $0.04 | — | ||
| Q4 24 | $0.09 | $-0.15 | ||
| Q3 24 | $0.26 | $-0.30 | ||
| Q2 24 | $0.07 | $-0.14 | ||
| Q1 24 | $0.06 | $-1.64 |
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 | $4.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $337.9M | $-38.9M |
| 总资产 | $894.0M | $280.6M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资IMAXNDLS
| Q4 25 | $151.2M | — | ||
| Q3 25 | $143.1M | $4.7M | ||
| Q2 25 | $109.3M | $1.4M | ||
| Q1 25 | $97.1M | — | ||
| Q4 24 | $100.6M | $3.3M | ||
| Q3 24 | $104.5M | $1.8M | ||
| Q2 24 | $91.6M | $1.3M | ||
| Q1 24 | $81.0M | $3.0M |
股东权益IMAXNDLS
| Q4 25 | $337.9M | — | ||
| Q3 25 | $349.5M | $-38.9M | ||
| Q2 25 | $320.4M | $-13.9M | ||
| Q1 25 | $299.5M | — | ||
| Q4 24 | $299.5M | $3.7M | ||
| Q3 24 | $289.4M | $9.6M | ||
| Q2 24 | $267.2M | $21.9M | ||
| Q1 24 | $258.8M | $27.2M |
总资产IMAXNDLS
| Q4 25 | $894.0M | — | ||
| Q3 25 | $889.6M | $280.6M | ||
| Q2 25 | $868.6M | $319.4M | ||
| Q1 25 | $848.3M | — | ||
| Q4 24 | $830.4M | $340.5M | ||
| Q3 24 | $847.6M | $346.3M | ||
| Q2 24 | $827.4M | $360.4M | ||
| Q1 24 | $824.1M | $368.1M |
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 | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $28.0M | $-2.8M |
| 自由现金流率自由现金流/营收 | 22.3% | -2.3% |
| 资本支出强度资本支出/营收 | 1.1% | 5.8% |
| 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 | $-7.5M |
8季度趋势，按日历期对齐
经营现金流IMAXNDLS
| Q4 25 | $29.4M | — | ||
| Q3 25 | $67.5M | $4.3M | ||
| Q2 25 | $23.2M | $4.0M | ||
| Q1 25 | $7.0M | — | ||
| Q4 24 | $11.5M | $5.8M | ||
| Q3 24 | $35.3M | $4.7M | ||
| Q2 24 | $35.0M | $7.0M | ||
| Q1 24 | $-11.0M | $164.0K |
自由现金流IMAXNDLS
| Q4 25 | $28.0M | — | ||
| Q3 25 | $64.8M | $-2.8M | ||
| Q2 25 | $20.9M | $1.1M | ||
| Q1 25 | $5.3M | — | ||
| Q4 24 | $6.9M | $-1.3M | ||
| Q3 24 | $34.2M | $-4.5M | ||
| Q2 24 | $33.5M | $-1.6M | ||
| Q1 24 | $-12.1M | $-15.2M |
自由现金流率IMAXNDLS
| Q4 25 | 22.3% | — | ||
| Q3 25 | 60.7% | -2.3% | ||
| Q2 25 | 22.8% | 0.9% | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 7.4% | -1.1% | ||
| Q3 24 | 37.3% | -3.5% | ||
| Q2 24 | 37.6% | -1.4% | ||
| Q1 24 | -15.3% | -12.2% |
资本支出强度IMAXNDLS
| Q4 25 | 1.1% | — | ||
| Q3 25 | 2.6% | 5.8% | ||
| Q2 25 | 2.6% | 2.4% | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 5.0% | 5.8% | ||
| Q3 24 | 1.2% | 7.2% | ||
| Q2 24 | 1.8% | 7.1% | ||
| Q1 24 | 1.4% | 12.3% |
现金转化率IMAXNDLS
| Q4 25 | 46.11× | — | ||
| Q3 25 | 3.27× | — | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | 2.99× | — | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 2.54× | — | ||
| Q2 24 | 9.78× | — | ||
| Q1 24 | -3.35× | — |
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% |
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
