IMAX Corporation reported strong financial results for the second quarter of 2025, driven by significant growth in network sales, installations, and box office performance. The company achieved a year-over-year increase of over 25% in Net Income, Adjusted EBITDA, and EPS. Total revenue for the quarter rose to $91.7 million, up from $89.0 million in the same period of 2024, marking a 3% increase. IMAX's box office revenues surged by 41% year-over-year to $281.1 million, contributing to a 19% increase in their global box office market share to 3.6%, despite having less than 1% of the total screens. The growth was bolstered by a record number of releases filmed for IMAX, including titles such as "Sinners," "Mission: Impossible - The Final Reckoning," and "F1 The Movie." The company expanded its network by opening 57 new IMAX locations worldwide and reported 36 system installations in the second quarter, reflecting a 50% year-over-year increase. Additionally, IMAX signed 123 new agreements so far in 2025, nearly matching the total of 130 for the entire year of 2024. IMAX's CEO, Rich Gelfond, highlighted the strength of their brand and the promising growth prospects ahead, supported by a robust slate and network expansion opportunities.
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