|
|
Overview
Highlights
News
Technology
Chart
Contacts
|
|
|
|
|
|
|
|
|
| | "Harry
Potter and the Order of the Phoenix: An IMAX 3D Experience opened on 126
IMAX screens worldwide on July 11, which made it the largest opening in
IMAX's 40-year history. It has shattered all records for sales."
|
| |
|
| |
|
|
|
| Approximate
Financial Snapshot as of 8/27/07 |
|
| Shares
Outstanding |
40.3M |
| 52
Wk Hi/Lo |
5.68/
3.32
|
| Market
Cap |
$160.8M |
| Recent
Price |
$3.99 |
|
|
|
|
|
|
IMAX
Corporation (IMAX)
Website:
www.imax.com
The
Ultimate Movie Experience.
Overview
Imax Corporation (IMAX) is one
of the world's leading entertainment technology companies, specializing in
digital and film-based motion picture technologies. The worldwide IMAX
network is among the most important and successful theatrical distribution
platforms for major event Hollywood films around the globe, with IMAX
theatres delivering the world's best cinematic presentations using
proprietary IMAX, IMAX 3D, and IMAX DMR technology.
The IMAX Theatre Network
currently consists of more than 280 IMAX affiliated theaters in 40
countries. Approximately 60 percent of the theatres are located in North
America, while the remaining 40 percent are spread internationally. Roughly
50 percent of the theatres are located in institutional venues, such as
museums, planetariums, and maritime centers, while the other half are part
of commercial theatre complexes. More than 100 of these theatres are
equipped with IMAX 3D technology.
IMAX also designs and
manufactures cameras, projectors and consistently commits significant
funding to ongoing research and development.
To date, more than 800 million
people have enjoyed The IMAX Experience at specially designed theatres
around the world.
This is an abbreviated profile
and we encourage readers interested in learning more about Imax Corporation to visit
the company website at www.imax.com.
IMAX
Investor Highlights
- $11.6 million in ticket
sales for Harry Potter and the Order of the Phoenix is an opening-week
record for the company. It has now grossed over $28 million.
- Announced that "TRANSFORMERS,"
one of the highest grossing movies of the year, will be digitally
re-mastered into IMAX's immersive format and released to IMAX theaters
on September 21.
- Warner Bros. Pictures' 300: The IMAX
Experience, grossed approximately $24.0 million.
- Sony's Spider-Man 3: The IMAX Experience,
has grossed over $24.2 million to date.
- Announced that it has opened a prototype
theatre for its new digital projection system in Canada, and has begun
testing of the IMAX digital image. The Company indicated it remains on
track to debut its digital system in late 2008 to mid-2009.
- IMAX has signed joint revenue sharing
agreements for five theaters: a two-theatre joint revenue sharing
agreement with Regal Cinemas in the first quarter and three-theatre deal
with Muvico Theaters in the second quarter. Four of those five theaters
have since opened and have experienced strong early results.
- Announced it it would open another venue
in China in 2010, IMAX currently operates 12 venues in China, and is set
to open at least 13 more by the end of the decade.
- Announced an agreement with Art Science
Cinema Distribution, the leading exhibitor in Siberia, Russia, to
install an IMAX theatre in the city of Novosibirsk.
- Announced it will be releasing " I Am
Legend" starring two-time Academy Award-nominated actor Will Smith
and directed by Francis Lawrence in December.
- Announced that it was partnering with
Paramount Pictures, Shangri-La Entertainment and Concert Productions
International to release an IMAX DMR version of the Rolling Stones
concert film Shine A Light, which is directed by Academy Award winning
filmmaker Martin Scorsese.
Recent
News and Press Releases
IMAX
announces financing deals to fund digital JV roll-out
IMAX
and Warner Bros. Pictures Hit $400 Million Box Office Milestone
IMAX
Announces Opening Box Office Results for Shine A Light: The Imax Experience
IMAX
Expands Network in Russia With Three New Locations
IMAX
Corporation appoints Northstar Media as exclusive worldwide representative
for the IMAX XXI Film Package with 21 titles
IMAX
and Regal Cinemas sign thirty-one theatre joint venture deal
IMAX
Corporation reports fourth quarter and fiscal 2007 financial results
IMAX
Signs Exclusive Thirty-Five Theatre Deal for South and Central America
IMAX
seeks to enforce estimated $11 million unanimous arbitration award against
E-City Entertainment
IMAX
Signs Two-Theatre Deal in Philippines
IMAX
Delivers Sensational Box Office Results For 2007
IMAX
Signs 10-Cinema China Deal
IMAX
Signs Theatre Deal With National Amusements
I
Am Legend Opens Strong With Most IMAX(R) Shows Selling Out
IMAX
signs 100-theatre deal with AMC Entertainment
IMAX
signs four picture deal with Dreamworks Animation
IMAX
Signs Ten Theatre Deal With China's Top Performing Exhibitor
For the latest Quote
and News on IMAX Click
Here.
Technology 
Images of unsurpassed size, clarity and impact, enhanced by a superb
specially-designed six-channel, multi-speaker sound system, are projected
onto giant rectangular screens, up to eight-stories high, in the case of
IMAX technology and in the case of IMAX Dome theatres onto domes as large as
eighty eight feet in diameter.
The
IMAX projector uses film ten times larger than a conventional 35mm frame and
three times bigger than a standard 70mm frame. The sheer size of a 15/70
film frame, combined with the unique IMAX projection technology, is the key
to the extraordinary sharpness and clarity of 15/70 format films.
IMAX projectors are the most
advanced, highest-precision and most powerful projectors ever built. The key
to their superior performance and reliability is the unique "Rolling
Loop" film movement. The Rolling Loop, originally invented by Ron
Jones, an Australian, adapted and enhanced by IMAX, advances the film
horizontally in a smooth, wave-like motion. During projection, each frame is
positioned on fixed registration pins, and the film is held firmly against
the rear element of the lens by a vacuum. As a result, the picture and focus
steadiness are far above normal standards. IMAX
Corporation also offers extensive customer support services to filmmakers
who lease IMAX cameras. The company's camera rental inventory offers 26
cameras including three compact dual-strip IMAX 3D cameras and two
lightweight IMAX MK II cameras for steadicam work. The IMAX Theatre Network
currently consists of more than 280 IMAX affiliated theatres in 40
countries. Approximately 60 percent of the theatres are located in North
America, while the remaining 40 percent are spread internationally. Roughly
50 percent of the theatres are located in institutional venues, such as
museums, planetariums, and maritime centers while the other half are part of
commercial theatre complexes. More than 100 of these theatres are equipped
with IMAX 3D technology.
Three
Month Chart
Contacts
IMAX Corporation
2525 Speakman Drive
Mississauga, ON L5K 1B1
Phone: 905-403-6500
Fax: 905-403-6450
SEC Filings
IMAX filings with the SEC can be found here.
All Fillings are current and the Company is fully reporting.
Disclaimer
SmallCapReview.com
feature stock reports are intended to be stock ideas, NOT recommendations.
Please do your own research before investing. It is crucial that you at
least look at current SEC filings and read the latest press releases.
For continuing coverage of IMAX, please sign up for our free newsletter.
Information contained in this report was extracted from current documents
filed with the SEC, the company web site and other publicly available
sources deemed reliable. For more information see our disclaimer section, a
link of which can be found on our web site. This document contains
forward-looking statements, particularly as related to the business plans of
the Company, within the meaning of Section 27A of the Securities Act of 1933
and Sections 21E of the Securities Exchange Act of 1934, and are subject to
the safe harbor created by these sections. Actual results may differ
materially from the Company's expectations and estimates. The information
provided in this report is not intended for distribution to, or use by, any
person or entity in any jurisdiction or country where such distribution or
use would be contrary to law or regulation or which would subject us to any
registration requirement within such jurisdiction or country.
Copyright
SmallCapReview.com. All rights reserved. SmallCapReview.com is not a
Registered Broker/Dealer or Financial Advisor, nor do we hold ourselves out
to be. All materials presented on our web site and individual reports
released to the public through this web site, e-mail or any other means of
transmission are not to be regarded as investment advice and are only
for informative purposes. Before making a purchase or sale of any securities featured
on our web site or mentioned in our reports, we strongly encourage and
recommend consultation with a registered securities representative.
This is not to be construed as a solicitation or recommendation to buy or
sell securities. As with any stock, companies we select to profile involve a
degree of investment risk and volatility. Particularly Small-Caps and OTC-BB
stocks. All investors are cautioned that they may lose all or a portion of
their investment if they decide to make a purchase in any of our profiled
companies. Past performance of our profiled stocks is not indicative of
future results. The accuracy or completeness of the information on our web
site or within our reports is only as reliable as the sources they were
obtained from. The profile and opinions expressed herein are expressed
as of the date the profile is posted on site and are subject to change
without notice. No investor should assume that reliance on the views,
opinions or recommendations contained herein will produce profitable
results. SmallCapReview.com may hold
positions in securities mentioned herein, and may make purchases or sales in
such securities featured on our web site or within our reports. In order to
be in full compliance with the Securities Act of 1933, Section 17(b),
SmallCapReview.com will disclose in it's disclaimer, what, if any
compensation was received for our efforts in researching, presenting
and disseminating this information to our subscriber database and featuring
the report on the SmallCapReview.com web site. SmallCapReview.com
has not been compensated for its efforts in presenting the Imax Corporation profile on its website and distributing it to its
database of subscribers. SmallCapReview.com
may decide to purchase or sell shares on a voluntary basis in the open
market before, during or after the profiling period of this report.
Information presented on our web site and within our reports contain
"forward looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Any statements that express or
involve discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, goals, assumptions or future events or
performance are not statements of historical fact and may be "forward
looking statements." Forward looking statements are based on
expectations, estimates and projections at the time the statements are made
that involve a number of risks and uncertainties which could cause actual
results or events to differ materially from those presently anticipated.
Forward looking statements in this action may be identified through the use
of words such as “expects’”, “will,” “anticipates,”
“estimates, “believes,” or that by statements indicating certain
actions “may,” “could,” or “might” occur.
THE
READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE
INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SMALL CAP
SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We
encourage our readers to invest carefully and read the investor information
available at the web sites of the Securities and Exchange Commission (SEC)
at: http://www.sec.gov
and/or the National Association of Securities Dealers (NASD) at: http://www.nasd.com
. Readers can review all public filings by companies at the SEC's EDGAR
page. The NASD has published information on how to invest carefully at its
web site.
|