Buy IMAX stocks

IMAX (IMAX) Stocks

ABOUT IMAX

๐Ÿ“Š IMAX Corporation is an entertainment technology company. It specializes large format motion pictures and technologies.

๐Ÿ“Š Its portfolio includes the design and manufacturing of projection systems and cameras as well as film development, production and distribution. The company has approximately 1 400 IMAX theatres across the globe in 75 countries.

๐Ÿ“Š Approximately 1 200 of these are commercial multiplexes such as IMAX 3D, Digital IMAX and IMAX Dome. IMAX Corporation partners with some of the best filmmakers in the world and developed the highest resolution camera.

๐Ÿ“Š IMAX Corporation employs nearly 550 people and is headquartered in Mississauga, Ontario, Canada.

HISTORY OF IMAX

  • In 1967 the company is founded by Graeme Ferguson, Robert Kerr and Roman Kroitor. The company gains great success by offering its viewers large and more realistic film experiences.

  • During the next few years the first 3D camera is designed and sent to the International Space Station to be used in IMAX films.

  • In 1994 Gelfond and Bradley Wechsler, investment bankers, buys the company and lists it on the NASDAQ Stock Exchange. The company is soon gaining attraction from well-known Hollywood production houses and it expands its portfolio with new viewing possibilities and products.

  • In 2009 the company assist in the movie, Avatar, which becomes very popular.

  • In 2011 Wanda Cinema Line from China enters a 75-theatre deal with the company.

  • Its Chinese subsidiary is listed on the Hong Kong Stock Exchange in 2015.

  • By 2017 the companyโ€™s portfolio includes 1 302 theatres across 75 countries.

VISION & VALUES OF IMAX

  • IMAX Corporation aims to create an enjoyable, positive experience for its customers. The company generates long-term value for its shareholders, and it values its employees.

  • IMAX Corporation is corporately and socially responsible. The companyโ€™s Corporate Social Responsibility (CSR) philosophy changes its environment and improve overall life on the planet for future generation to have a more sustainable live.

  • The company is committed to fighting poverty, climate change and inequality.

  • It focuses on education and engagement to encourage a better future.

  • IMAX Corporation partners with The United Nations Environment Program and All-American High School Film Festival to encourage its message.

MARKET PERFORMANCE OF IMAX

  • IMAX Corporation trades on the New York Stock Exchange under the NYSE stock symbol IMAX.

  • Data analysis for the companyโ€™s second quarter results for 2019 reports a growth revenue of 6.6 percent.

  • Its commercial network increased with 10.0 percent and its IMAX Greater China box office increased with 28.8 percent. GAAP net income is $ 0.19 per share and adjusted net income is $ 0.32 per share.

  • Potential investors can buy affordably priced shares now.

You might also like these stocks

More Similar Posts

Menu