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IMAX（IMAX）与Repay Holdings Corp（RPAY）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Repay Holdings Corp的1.6倍（$125.2M vs $78.6M），IMAX净利率更高（0.5% vs -178.3%，领先178.8%），IMAX同比增速更快（35.1% vs 0.4%），IMAX自由现金流更多（$28.0M vs $23.2M），过去两年IMAX的营收复合增速更高（25.8% vs -1.3%）
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。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
IMAX vs RPAY — 直观对比
营收规模更大
IMAX
是对方的1.6倍
$78.6M
营收增速更快
IMAX
高出34.7%
0.4%
净利率更高
IMAX
高出178.8%
-178.3%
自由现金流更多
IMAX
多$4.7M
$23.2M
两年增速更快
IMAX
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $78.6M |
| 净利润 | $637.0K | $-140.1M |
| 毛利率 | 57.6% | 74.2% |
| 营业利润率 | 19.3% | -182.2% |
| 净利率 | 0.5% | -178.3% |
| 营收同比 | 35.1% | 0.4% |
| 净利润同比 | -88.0% | -3304.1% |
| 每股收益（稀释后） | $0.02 | $-1.68 |
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IMAXRPAY
| Q4 25 | $125.2M | $78.6M | ||
| Q3 25 | $106.7M | $77.7M | ||
| Q2 25 | $91.7M | $75.6M | ||
| Q1 25 | $86.7M | $77.3M | ||
| Q4 24 | $92.7M | $78.3M | ||
| Q3 24 | $91.5M | $79.1M | ||
| Q2 24 | $89.0M | $74.9M | ||
| Q1 24 | $79.1M | $80.7M |
净利润IMAXRPAY
| Q4 25 | $637.0K | $-140.1M | ||
| Q3 25 | $20.7M | $-6.4M | ||
| Q2 25 | $11.3M | $-102.3M | ||
| Q1 25 | $2.3M | $-7.9M | ||
| Q4 24 | $5.3M | $-4.1M | ||
| Q3 24 | $13.9M | $3.2M | ||
| Q2 24 | $3.6M | $-4.1M | ||
| Q1 24 | $3.3M | $-5.2M |
毛利率IMAXRPAY
| Q4 25 | 57.6% | 74.2% | ||
| Q3 25 | 63.1% | 74.4% | ||
| Q2 25 | 58.5% | 75.7% | ||
| Q1 25 | 61.4% | 75.9% | ||
| Q4 24 | 52.2% | 76.3% | ||
| Q3 24 | 55.8% | 77.8% | ||
| Q2 24 | 49.4% | 78.2% | ||
| Q1 24 | 59.3% | 76.2% |
营业利润率IMAXRPAY
| Q4 25 | 19.3% | -182.2% | ||
| Q3 25 | 27.2% | -3.9% | ||
| Q2 25 | 15.6% | -138.7% | ||
| Q1 25 | 19.3% | -4.7% | ||
| Q4 24 | 10.3% | -1.5% | ||
| Q3 24 | 21.2% | -0.9% | ||
| Q2 24 | 3.2% | -4.6% | ||
| Q1 24 | 15.3% | -3.1% |
净利率IMAXRPAY
| Q4 25 | 0.5% | -178.3% | ||
| Q3 25 | 19.4% | -8.3% | ||
| Q2 25 | 12.3% | -135.2% | ||
| Q1 25 | 2.7% | -10.3% | ||
| Q4 24 | 5.7% | -5.3% | ||
| Q3 24 | 15.2% | 4.1% | ||
| Q2 24 | 4.0% | -5.4% | ||
| Q1 24 | 4.1% | -6.5% |
每股收益（稀释后）IMAXRPAY
| Q4 25 | $0.02 | $-1.68 | ||
| Q3 25 | $0.37 | $-0.08 | ||
| Q2 25 | $0.20 | $-1.15 | ||
| Q1 25 | $0.04 | $-0.09 | ||
| Q4 24 | $0.09 | $-0.04 | ||
| Q3 24 | $0.26 | $0.03 | ||
| Q2 24 | $0.07 | $-0.04 | ||
| Q1 24 | $0.06 | $-0.06 |
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 | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $337.9M | $484.4M |
| 总资产 | $894.0M | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资IMAXRPAY
| Q4 25 | $151.2M | $115.7M | ||
| Q3 25 | $143.1M | $95.7M | ||
| Q2 25 | $109.3M | $162.6M | ||
| Q1 25 | $97.1M | $165.5M | ||
| Q4 24 | $100.6M | $189.5M | ||
| Q3 24 | $104.5M | $168.7M | ||
| Q2 24 | $91.6M | $147.1M | ||
| Q1 24 | $81.0M | $128.3M |
总债务IMAXRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益IMAXRPAY
| Q4 25 | $337.9M | $484.4M | ||
| Q3 25 | $349.5M | $616.9M | ||
| Q2 25 | $320.4M | $633.7M | ||
| Q1 25 | $299.5M | $755.7M | ||
| Q4 24 | $299.5M | $761.3M | ||
| Q3 24 | $289.4M | $754.7M | ||
| Q2 24 | $267.2M | $815.4M | ||
| Q1 24 | $258.8M | $813.8M |
总资产IMAXRPAY
| Q4 25 | $894.0M | $1.2B | ||
| Q3 25 | $889.6M | $1.3B | ||
| Q2 25 | $868.6M | $1.4B | ||
| Q1 25 | $848.3M | $1.5B | ||
| Q4 24 | $830.4M | $1.6B | ||
| Q3 24 | $847.6M | $1.6B | ||
| Q2 24 | $827.4M | $1.5B | ||
| Q1 24 | $824.1M | $1.5B |
负债/权益比IMAXRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $28.0M | $23.2M |
| 自由现金流率自由现金流/营收 | 22.3% | 29.6% |
| 资本支出强度资本支出/营收 | 1.1% | 0.1% |
| 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 | $90.7M |
8季度趋势，按日历期对齐
经营现金流IMAXRPAY
| Q4 25 | $29.4M | $23.3M | ||
| Q3 25 | $67.5M | $32.2M | ||
| Q2 25 | $23.2M | $33.1M | ||
| Q1 25 | $7.0M | $2.5M | ||
| Q4 24 | $11.5M | $34.3M | ||
| Q3 24 | $35.3M | $60.1M | ||
| Q2 24 | $35.0M | $31.0M | ||
| Q1 24 | $-11.0M | $24.8M |
自由现金流IMAXRPAY
| Q4 25 | $28.0M | $23.2M | ||
| Q3 25 | $64.8M | $32.1M | ||
| Q2 25 | $20.9M | $33.0M | ||
| Q1 25 | $5.3M | $2.4M | ||
| Q4 24 | $6.9M | $34.0M | ||
| Q3 24 | $34.2M | $59.8M | ||
| Q2 24 | $33.5M | $30.5M | ||
| Q1 24 | $-12.1M | $24.7M |
自由现金流率IMAXRPAY
| Q4 25 | 22.3% | 29.6% | ||
| Q3 25 | 60.7% | 41.3% | ||
| Q2 25 | 22.8% | 43.6% | ||
| Q1 25 | 6.1% | 3.0% | ||
| Q4 24 | 7.4% | 43.5% | ||
| Q3 24 | 37.3% | 75.6% | ||
| Q2 24 | 37.6% | 40.7% | ||
| Q1 24 | -15.3% | 30.6% |
资本支出强度IMAXRPAY
| Q4 25 | 1.1% | 0.1% | ||
| Q3 25 | 2.6% | 0.2% | ||
| Q2 25 | 2.6% | 0.1% | ||
| Q1 25 | 1.9% | 0.2% | ||
| Q4 24 | 5.0% | 0.3% | ||
| Q3 24 | 1.2% | 0.3% | ||
| Q2 24 | 1.8% | 0.6% | ||
| Q1 24 | 1.4% | 0.1% |
现金转化率IMAXRPAY
| Q4 25 | 46.11× | — | ||
| Q3 25 | 3.27× | — | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | 2.99× | — | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 2.54× | 18.52× | ||
| 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% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
