IMAX

February 22, 2023 – IMAX Corporation (NYSE: IMAX) today reported Q4 AND FULL-YEAR 2022 RESULTS. Posts Q4 EPS $0.19, vs. Street Est of $0.22; Posts Q4 Revenue $98M, vs. Street Est of $96.2M. Fourth Quarter and December Full-Year Financial Highlights IMAX Technology Network IMAX Technology Network revenues decreased 11% to $45.9 million in the fourth quarter of 2022. Box office from IMAX locations in Q4 of $252 million was down 9.3% from Q4 of 2021 driven by China. Avatar delivered $140 million in box office in the last two weeks of December with 11% market share on less than 1% of screens and comprising more than half of Q4’s total IMAX box office. Gross margin for the IMAX Technology Network was $27.0 million in the fourth quarter of 2022, compared to $36.8 million in the prior year period driven by lower revenues and higher marketing investments. IMAX Technology Sales and

IMAX (NYSE:IMAX) adjusted EPS for the fourth quarter of 2022 was $0.19, versus analysts’ expectations of $0.25. Fourth-quarter revenue was $98 million, compared with analysts’ expectations of $95.3 million.