IMAX also released its Q3 earnings this week, reporting results that show tremendous growth in both revenue and income, with the action film F1: THE MOVIE achieving record-setting returns. The Toronto-based exhibitor and technology company posted revenues of $106.6M, up 17%, and income of $22.6M, up 48%. ]
In addition to F1, IMAX also saw success from several foreign titles, including Japanese movies THE FIRST SLAM DUNK and DEMON SLAYER: KIMETSU NO YAIBA – THE MOVIE: INFINITY CASTLE. CEO Rich Gelfond reports that this international growth has turned IMAX into a “completely different company.”
Together with its established strengths in technology and licensing branded auditoriums to partner exhibitors, IMAX has emerged as one of the most successful exhibition companies in the post-COVID era.