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IMAX（IMAX）与PAMT CORP（PAMT）财务数据对比。点击上方公司名可切换其他公司
PAMT CORP的季度营收约是IMAX的1.1倍（$141.3M vs $125.2M），IMAX净利率更高（0.5% vs -20.7%，领先21.2%），IMAX同比增速更快（35.1% vs -15.1%），IMAX自由现金流更多（$28.0M vs $-25.0M），过去两年IMAX的营收复合增速更高（25.8% vs -12.0%）
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。
IMAX vs PAMT — 直观对比
营收规模更大
PAMT
是对方的1.1倍
$125.2M
营收增速更快
IMAX
高出50.2%
-15.1%
净利率更高
IMAX
高出21.2%
-20.7%
自由现金流更多
IMAX
多$52.9M
$-25.0M
两年增速更快
IMAX
近两年复合增速
-12.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $141.3M |
| 净利润 | $637.0K | $-29.3M |
| 毛利率 | 57.6% | — |
| 营业利润率 | 19.3% | -27.0% |
| 净利率 | 0.5% | -20.7% |
| 营收同比 | 35.1% | -15.1% |
| 净利润同比 | -88.0% | 7.4% |
| 每股收益（稀释后） | $0.02 | $-1.38 |
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IMAXPAMT
| Q4 25 | $125.2M | $141.3M | ||
| Q3 25 | $106.7M | $150.3M | ||
| Q2 25 | $91.7M | $151.1M | ||
| Q1 25 | $86.7M | $155.3M | ||
| Q4 24 | $92.7M | $166.5M | ||
| Q3 24 | $91.5M | $182.6M | ||
| Q2 24 | $89.0M | $182.9M | ||
| Q1 24 | $79.1M | $182.6M |
净利润IMAXPAMT
| Q4 25 | $637.0K | $-29.3M | ||
| Q3 25 | $20.7M | $-5.6M | ||
| Q2 25 | $11.3M | $-9.6M | ||
| Q1 25 | $2.3M | $-8.1M | ||
| Q4 24 | $5.3M | $-31.6M | ||
| Q3 24 | $13.9M | $2.4M | ||
| Q2 24 | $3.6M | $-2.9M | ||
| Q1 24 | $3.3M | $281.0K |
毛利率IMAXPAMT
| 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IMAXPAMT
| Q4 25 | 19.3% | -27.0% | ||
| Q3 25 | 27.2% | -3.8% | ||
| Q2 25 | 15.6% | -7.3% | ||
| Q1 25 | 19.3% | -5.9% | ||
| Q4 24 | 10.3% | -22.6% | ||
| Q3 24 | 21.2% | 1.3% | ||
| Q2 24 | 3.2% | -0.4% | ||
| Q1 24 | 15.3% | -0.4% |
净利率IMAXPAMT
| Q4 25 | 0.5% | -20.7% | ||
| Q3 25 | 19.4% | -3.7% | ||
| Q2 25 | 12.3% | -6.4% | ||
| Q1 25 | 2.7% | -5.2% | ||
| Q4 24 | 5.7% | -19.0% | ||
| Q3 24 | 15.2% | 1.3% | ||
| Q2 24 | 4.0% | -1.6% | ||
| Q1 24 | 4.1% | 0.2% |
每股收益（稀释后）IMAXPAMT
| Q4 25 | $0.02 | $-1.38 | ||
| Q3 25 | $0.37 | $-0.27 | ||
| Q2 25 | $0.20 | $-0.46 | ||
| Q1 25 | $0.04 | $-0.37 | ||
| Q4 24 | $0.09 | $-1.44 | ||
| Q3 24 | $0.26 | $0.11 | ||
| Q2 24 | $0.07 | $-0.13 | ||
| Q1 24 | $0.06 | $0.01 |
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 | $83.7M |
| 总债务越低越好 | — | $333.9M |
| 股东权益账面价值 | $337.9M | $210.5M |
| 总资产 | $894.0M | $697.9M |
| 负债/权益比越低杠杆越低 | — | 1.59× |
8季度趋势，按日历期对齐
现金及短期投资IMAXPAMT
| Q4 25 | $151.2M | $83.7M | ||
| Q3 25 | $143.1M | $115.6M | ||
| Q2 25 | $109.3M | $117.3M | ||
| Q1 25 | $97.1M | $102.7M | ||
| Q4 24 | $100.6M | $110.7M | ||
| Q3 24 | $104.5M | $92.3M | ||
| Q2 24 | $91.6M | $114.0M | ||
| Q1 24 | $81.0M | $125.8M |
总债务IMAXPAMT
| Q4 25 | — | $333.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $325.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IMAXPAMT
| Q4 25 | $337.9M | $210.5M | ||
| Q3 25 | $349.5M | $239.5M | ||
| Q2 25 | $320.4M | $244.9M | ||
| Q1 25 | $299.5M | $269.6M | ||
| Q4 24 | $299.5M | $277.5M | ||
| Q3 24 | $289.4M | $308.9M | ||
| Q2 24 | $267.2M | $306.7M | ||
| Q1 24 | $258.8M | $314.6M |
总资产IMAXPAMT
| Q4 25 | $894.0M | $697.9M | ||
| Q3 25 | $889.6M | $715.2M | ||
| Q2 25 | $868.6M | $707.9M | ||
| Q1 25 | $848.3M | $712.6M | ||
| Q4 24 | $830.4M | $741.7M | ||
| Q3 24 | $847.6M | $756.7M | ||
| Q2 24 | $827.4M | $733.5M | ||
| Q1 24 | $824.1M | $746.4M |
负债/权益比IMAXPAMT
| Q4 25 | — | 1.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $-5.8M |
| 自由现金流经营现金流 - 资本支出 | $28.0M | $-25.0M |
| 自由现金流率自由现金流/营收 | 22.3% | -17.7% |
| 资本支出强度资本支出/营收 | 1.1% | 13.6% |
| 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 | $-23.4M |
8季度趋势，按日历期对齐
经营现金流IMAXPAMT
| Q4 25 | $29.4M | $-5.8M | ||
| Q3 25 | $67.5M | $5.9M | ||
| Q2 25 | $23.2M | $12.2M | ||
| Q1 25 | $7.0M | $5.0M | ||
| Q4 24 | $11.5M | $15.2M | ||
| Q3 24 | $35.3M | $15.5M | ||
| Q2 24 | $35.0M | $18.7M | ||
| Q1 24 | $-11.0M | $9.6M |
自由现金流IMAXPAMT
| Q4 25 | $28.0M | $-25.0M | ||
| Q3 25 | $64.8M | $2.5M | ||
| Q2 25 | $20.9M | $5.9M | ||
| Q1 25 | $5.3M | $-6.8M | ||
| Q4 24 | $6.9M | $-39.9M | ||
| Q3 24 | $34.2M | $-33.6M | ||
| Q2 24 | $33.5M | $4.1M | ||
| Q1 24 | $-12.1M | $-12.2M |
自由现金流率IMAXPAMT
| Q4 25 | 22.3% | -17.7% | ||
| Q3 25 | 60.7% | 1.7% | ||
| Q2 25 | 22.8% | 3.9% | ||
| Q1 25 | 6.1% | -4.4% | ||
| Q4 24 | 7.4% | -24.0% | ||
| Q3 24 | 37.3% | -18.4% | ||
| Q2 24 | 37.6% | 2.2% | ||
| Q1 24 | -15.3% | -6.7% |
资本支出强度IMAXPAMT
| Q4 25 | 1.1% | 13.6% | ||
| Q3 25 | 2.6% | 2.3% | ||
| Q2 25 | 2.6% | 4.2% | ||
| Q1 25 | 1.9% | 7.6% | ||
| Q4 24 | 5.0% | 33.1% | ||
| Q3 24 | 1.2% | 26.9% | ||
| Q2 24 | 1.8% | 8.0% | ||
| Q1 24 | 1.4% | 12.0% |
现金转化率IMAXPAMT
| Q4 25 | 46.11× | — | ||
| Q3 25 | 3.27× | — | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | 2.99× | — | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 2.54× | 6.44× | ||
| Q2 24 | 9.78× | — | ||
| Q1 24 | -3.35× | 34.11× |
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% |
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
