IMAX Corporation (NYSE: IMAX) began trading Thursday slightly in the green, after the company reported financial results for the third quarter of 2025, demonstrating the value of its unique global entertainment platform and broad content portfolio.
Net cash provided by operating activities for the nine months ended September 30, 2025 increased 65% year-over-year to $98 million, reflecting higher operating profits and improvements in working capital.
On July 14, 2025, the Company renewed and expanded its senior secured revolving credit facility, increasing the Company's borrowing capacity from $300 million to $375 million. The renewed facility includes a reduction in borrowing costs, reflecting improved market conditions and the Company's strong financial position. The facility is designed to provide IMAX with increased financial flexibility to support ongoing operational needs, network expansion, refinancing of existing debt and other general corporate purposes.
As of September 30, 2025, the Company’s available liquidity was $544 million. The Company’s liquidity included cash and cash equivalents of $143 million, $346 million in available borrowing capacity under the Company’s credit facility, and $55 million in available borrowing capacity under IMAX China’s revolving facilities. Total debt, excluding deferred financing costs, was $261 million as of September 30, 2025.
IMAX opened trading Thursday morning ahead six cents, or 0.2%,to $32.12.
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