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IMAX（IMAX）与OCTAVE SPECIALTY GROUP INC（OSG）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OCTAVE SPECIALTY GROUP INC的1.9倍（$125.2M vs $66.9M），IMAX净利率更高（0.5% vs -73.8%，领先74.3%），IMAX同比增速更快（35.1% vs 2.6%），过去两年IMAX的营收复合增速更高（25.8% vs 16.2%）
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。
奥克塔夫专业集团是一家专业保险控股企业，主营定制化财产与意外伤害保险产品，核心业务聚焦超额剩余保险领域，为北美地区的商业及个人客户提供定制化风险保障解决方案。
IMAX vs OSG — 直观对比
营收规模更大
IMAX
是对方的1.9倍
$66.9M
营收增速更快
IMAX
高出32.5%
2.6%
净利率更高
IMAX
高出74.3%
-73.8%
两年增速更快
IMAX
近两年复合增速
16.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $66.9M |
| 净利润 | $637.0K | $-29.7M |
| 毛利率 | 57.6% | — |
| 营业利润率 | 19.3% | -76.7% |
| 净利率 | 0.5% | -73.8% |
| 营收同比 | 35.1% | 2.6% |
| 净利润同比 | -88.0% | -41.7% |
| 每股收益（稀释后） | $0.02 | $-0.82 |
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IMAXOSG
| Q4 25 | $125.2M | $66.9M | ||
| Q3 25 | $106.7M | $66.6M | ||
| Q2 25 | $91.7M | $55.0M | ||
| Q1 25 | $86.7M | $62.8M | ||
| Q4 24 | $92.7M | $65.2M | ||
| Q3 24 | $91.5M | $70.0M | ||
| Q2 24 | $89.0M | $51.0M | ||
| Q1 24 | $79.1M | $49.6M |
净利润IMAXOSG
| Q4 25 | $637.0K | $-29.7M | ||
| Q3 25 | $20.7M | $-112.6M | ||
| Q2 25 | $11.3M | $-72.7M | ||
| Q1 25 | $2.3M | $-44.7M | ||
| Q4 24 | $5.3M | $-20.9M | ||
| Q3 24 | $13.9M | $-27.5M | ||
| Q2 24 | $3.6M | $-750.0K | ||
| Q1 24 | $3.3M | $20.8M |
毛利率IMAXOSG
| 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IMAXOSG
| Q4 25 | 19.3% | -76.7% | ||
| Q3 25 | 27.2% | -48.2% | ||
| Q2 25 | 15.6% | -41.8% | ||
| Q1 25 | 19.3% | -24.1% | ||
| Q4 24 | 10.3% | -55.5% | ||
| Q3 24 | 21.2% | -29.7% | ||
| Q2 24 | 3.2% | -28.9% | ||
| Q1 24 | 15.3% | -6.5% |
净利率IMAXOSG
| Q4 25 | 0.5% | -73.8% | ||
| Q3 25 | 19.4% | -169.1% | ||
| Q2 25 | 12.3% | -132.3% | ||
| Q1 25 | 2.7% | -71.3% | ||
| Q4 24 | 5.7% | -55.1% | ||
| Q3 24 | 15.2% | -39.3% | ||
| Q2 24 | 4.0% | -1.5% | ||
| Q1 24 | 4.1% | 41.9% |
每股收益（稀释后）IMAXOSG
| Q4 25 | $0.02 | $-0.82 | ||
| Q3 25 | $0.37 | $-2.35 | ||
| Q2 25 | $0.20 | $-1.54 | ||
| Q1 25 | $0.04 | $-1.22 | ||
| Q4 24 | $0.09 | $-11.75 | ||
| Q3 24 | $0.26 | $-0.63 | ||
| Q2 24 | $0.07 | $-0.02 | ||
| Q1 24 | $0.06 | $0.44 |
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 | $146.4M |
| 总债务越低越好 | — | $117.6M |
| 股东权益账面价值 | $337.9M | $715.8M |
| 总资产 | $894.0M | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资IMAXOSG
| Q4 25 | $151.2M | $146.4M | ||
| Q3 25 | $143.1M | $27.5M | ||
| Q2 25 | $109.3M | $22.5M | ||
| Q1 25 | $97.1M | $34.1M | ||
| Q4 24 | $100.6M | $157.2M | ||
| Q3 24 | $104.5M | $40.8M | ||
| Q2 24 | $91.6M | $14.6M | ||
| Q1 24 | $81.0M | $13.8M |
总债务IMAXOSG
| Q4 25 | — | $117.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $518.0M | ||
| Q2 24 | — | $515.0M | ||
| Q1 24 | — | $512.0M |
股东权益IMAXOSG
| Q4 25 | $337.9M | $715.8M | ||
| Q3 25 | $349.5M | $843.4M | ||
| Q2 25 | $320.4M | $859.8M | ||
| Q1 25 | $299.5M | $852.2M | ||
| Q4 24 | $299.5M | $798.4M | ||
| Q3 24 | $289.4M | $1.5B | ||
| Q2 24 | $267.2M | $1.4B | ||
| Q1 24 | $258.8M | $1.4B |
总资产IMAXOSG
| Q4 25 | $894.0M | $2.2B | ||
| Q3 25 | $889.6M | $2.1B | ||
| Q2 25 | $868.6M | $8.5B | ||
| Q1 25 | $848.3M | $8.3B | ||
| Q4 24 | $830.4M | $8.1B | ||
| Q3 24 | $847.6M | $9.3B | ||
| Q2 24 | $827.4M | $8.2B | ||
| Q1 24 | $824.1M | $8.4B |
负债/权益比IMAXOSG
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.38× | ||
| Q1 24 | — | 0.38× |
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 | $-52.3M |
| 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IMAXOSG
| Q4 25 | $29.4M | $-52.3M | ||
| Q3 25 | $67.5M | $-41.2M | ||
| Q2 25 | $23.2M | $2.1M | ||
| Q1 25 | $7.0M | $-12.6M | ||
| Q4 24 | $11.5M | $762.0K | ||
| Q3 24 | $35.3M | $48.9M | ||
| Q2 24 | $35.0M | $20.4M | ||
| Q1 24 | $-11.0M | $7.1M |
自由现金流IMAXOSG
| Q4 25 | $28.0M | — | ||
| Q3 25 | $64.8M | — | ||
| Q2 25 | $20.9M | — | ||
| Q1 25 | $5.3M | — | ||
| Q4 24 | $6.9M | — | ||
| Q3 24 | $34.2M | — | ||
| Q2 24 | $33.5M | — | ||
| Q1 24 | $-12.1M | — |
自由现金流率IMAXOSG
| Q4 25 | 22.3% | — | ||
| Q3 25 | 60.7% | — | ||
| Q2 25 | 22.8% | — | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 7.4% | — | ||
| Q3 24 | 37.3% | — | ||
| Q2 24 | 37.6% | — | ||
| Q1 24 | -15.3% | — |
资本支出强度IMAXOSG
| Q4 25 | 1.1% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | 1.4% | — |
现金转化率IMAXOSG
| 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× | 0.34× |
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% |
OSG
| Other | $28.7M | 43% |
| Specialty Property Casualty Program | $23.1M | 34% |
| Accident Health | $9.6M | 14% |
| Specialty Automobile | $3.1M | 5% |
| Niche Specialty Risks | $2.4M | 4% |
