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IMAX（IMAX）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）财务数据对比。点击上方公司名可切换其他公司
VIRTUS INVESTMENT PARTNERS, INC.的季度营收约是IMAX的1.6倍（$199.5M vs $125.2M），VIRTUS INVESTMENT PARTNERS, INC.净利率更高（3.6% vs 0.5%，领先3.0%），IMAX同比增速更快（35.1% vs -4.1%），过去两年IMAX的营收复合增速更高（25.8% vs -5.7%）
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。
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
IMAX vs VRTS — 直观对比
营收规模更大
VRTS
是对方的1.6倍
$125.2M
营收增速更快
IMAX
高出39.2%
-4.1%
净利率更高
VRTS
高出3.0%
0.5%
两年增速更快
IMAX
近两年复合增速
-5.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $199.5M |
| 净利润 | $637.0K | $7.1M |
| 毛利率 | 57.6% | — |
| 营业利润率 | 19.3% | 7.7% |
| 净利率 | 0.5% | 3.6% |
| 营收同比 | 35.1% | -4.1% |
| 净利润同比 | -88.0% | -78.1% |
| 每股收益（稀释后） | $0.02 | $1.05 |
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IMAXVRTS
| Q1 26 | — | $199.5M | ||
| Q4 25 | $125.2M | $208.0M | ||
| Q3 25 | $106.7M | $216.4M | ||
| Q2 25 | $91.7M | $210.5M | ||
| Q1 25 | $86.7M | $217.9M | ||
| Q4 24 | $92.7M | $233.5M | ||
| Q3 24 | $91.5M | $227.0M | ||
| Q2 24 | $89.0M | $224.4M |
净利润IMAXVRTS
| Q1 26 | — | $7.1M | ||
| Q4 25 | $637.0K | $33.9M | ||
| Q3 25 | $20.7M | $31.3M | ||
| Q2 25 | $11.3M | $42.7M | ||
| Q1 25 | $2.3M | $28.1M | ||
| Q4 24 | $5.3M | $39.5M | ||
| Q3 24 | $13.9M | $49.1M | ||
| Q2 24 | $3.6M | $26.0M |
毛利率IMAXVRTS
| 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IMAXVRTS
| Q1 26 | — | 7.7% | ||
| Q4 25 | 19.3% | 19.1% | ||
| Q3 25 | 27.2% | 21.7% | ||
| Q2 25 | 15.6% | 21.5% | ||
| Q1 25 | 19.3% | 16.8% | ||
| Q4 24 | 10.3% | 21.7% | ||
| Q3 24 | 21.2% | 24.3% | ||
| Q2 24 | 3.2% | 19.7% |
净利率IMAXVRTS
| Q1 26 | — | 3.6% | ||
| Q4 25 | 0.5% | 16.3% | ||
| Q3 25 | 19.4% | 14.5% | ||
| Q2 25 | 12.3% | 20.3% | ||
| Q1 25 | 2.7% | 12.9% | ||
| Q4 24 | 5.7% | 16.9% | ||
| Q3 24 | 15.2% | 21.6% | ||
| Q2 24 | 4.0% | 11.6% |
每股收益（稀释后）IMAXVRTS
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.02 | $5.15 | ||
| Q3 25 | $0.37 | $4.65 | ||
| Q2 25 | $0.20 | $6.12 | ||
| Q1 25 | $0.04 | $4.05 | ||
| Q4 24 | $0.09 | $4.65 | ||
| Q3 24 | $0.26 | $5.71 | ||
| Q2 24 | $0.07 | $2.43 |
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 | $136.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $337.9M | $93.6B |
| 总资产 | $894.0M | — |
| 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IMAXVRTS
| Q1 26 | — | $136.6M | ||
| 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IMAXVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M |
股东权益IMAXVRTS
| Q1 26 | — | $93.6B | ||
| Q4 25 | $337.9M | $934.0M | ||
| Q3 25 | $349.5M | $918.7M | ||
| Q2 25 | $320.4M | $896.4M | ||
| Q1 25 | $299.5M | $893.7M | ||
| Q4 24 | $299.5M | $897.5M | ||
| Q3 24 | $289.4M | $889.0M | ||
| Q2 24 | $267.2M | $868.7M |
总资产IMAXVRTS
| Q1 26 | — | — | ||
| Q4 25 | $894.0M | $4.3B | ||
| Q3 25 | $889.6M | $3.9B | ||
| Q2 25 | $868.6M | $3.7B | ||
| Q1 25 | $848.3M | $3.7B | ||
| Q4 24 | $830.4M | $4.0B | ||
| Q3 24 | $847.6M | $3.6B | ||
| Q2 24 | $827.4M | $3.6B |
负债/权益比IMAXVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× |
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IMAXVRTS
| Q1 26 | — | — | ||
| Q4 25 | $29.4M | $-67.2M | ||
| Q3 25 | $67.5M | $108.3M | ||
| Q2 25 | $23.2M | $75.8M | ||
| Q1 25 | $7.0M | $-3.8M | ||
| Q4 24 | $11.5M | $1.8M | ||
| Q3 24 | $35.3M | $69.1M | ||
| Q2 24 | $35.0M | $70.0M |
自由现金流IMAXVRTS
| Q1 26 | — | — | ||
| Q4 25 | $28.0M | $-74.1M | ||
| Q3 25 | $64.8M | $106.9M | ||
| Q2 25 | $20.9M | $74.2M | ||
| Q1 25 | $5.3M | $-6.8M | ||
| Q4 24 | $6.9M | $-3.8M | ||
| Q3 24 | $34.2M | $68.7M | ||
| Q2 24 | $33.5M | $68.6M |
自由现金流率IMAXVRTS
| Q1 26 | — | — | ||
| Q4 25 | 22.3% | -35.6% | ||
| Q3 25 | 60.7% | 49.4% | ||
| Q2 25 | 22.8% | 35.2% | ||
| Q1 25 | 6.1% | -3.1% | ||
| Q4 24 | 7.4% | -1.6% | ||
| Q3 24 | 37.3% | 30.3% | ||
| Q2 24 | 37.6% | 30.6% |
资本支出强度IMAXVRTS
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 3.3% | ||
| Q3 25 | 2.6% | 0.7% | ||
| Q2 25 | 2.6% | 0.7% | ||
| Q1 25 | 1.9% | 1.4% | ||
| Q4 24 | 5.0% | 2.4% | ||
| Q3 24 | 1.2% | 0.2% | ||
| Q2 24 | 1.8% | 0.6% |
现金转化率IMAXVRTS
| Q1 26 | — | — | ||
| Q4 25 | 46.11× | -1.99× | ||
| Q3 25 | 3.27× | 3.45× | ||
| Q2 25 | 2.06× | 1.77× | ||
| Q1 25 | 2.99× | -0.13× | ||
| Q4 24 | 2.16× | 0.04× | ||
| Q3 24 | 2.54× | 1.41× | ||
| Q2 24 | 9.78× | 2.69× |
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% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
