Imax China Holding Inc · HKEX:1970
Imax China — Investor Presentation (September 2017)
15 slides from Imax China's investor presentation, September 2017
Slide 1: Investor Presentation September 2017
Investor Presentation September, 2017
Slide 2: Disclaimer
Disclaimer This document is not intended to form the basis of any investment decision in connection with IMAX China Holding, Inc. (the "Company", together with its subsidiaries, hereinafter referred to as the "Group"). It does not constitute an offer or invitation to sell, or any solicitation of any
Slide 3: Leading Cinematic Technology Provider in Greater China
Leading Cinematic Technology Provider in Greater China Exclusive licensee of the IMAX brand in the theatre and films business in Greater China with access to global partnerships Sole commercial platform for the release of IMAX format films in Greater China, which is the second largest and fastest gr
Slide 4: Integral Part of the Greater China Film Industry History
Integral Part of the Greater China Film Industry History 17 Year Presence in Greater China (1) 2001-03 2007-09 2010-11 2012-14 2015 2016-17 2016-17 Opened first Signed first agreement Establishment of IMAX Furious 7, Second and third ever full IMAX theatre with Wanda Cinema in China April 2015, reve
Slide 5: Complete End-to-End Cinematic Solution
Complete End-to-End Cinematic Solution Film Sourcing Enhancement Presentation Studio Capture with Proprietary Hardware & Geometry Relationships IMAX Cameras Filmmaker DMR & Real-time Marketing Relationships Post-production Quality Assurance 28/09/2017 IMAX® is a registered trademark of IMAX Corporat
Slide 6: Long-Term Partnerships Across the Global Entertainment Ecosystem
Long-Term Partnerships Across the Global Entertainment Ecosystem 50+ Exhibitors Majority with 10+ Year Relationships Leading Producers, Directors and Studios in Greater China Large Commercial Real Estate Developers 28/09/2017 IMAX® is a registered trademark of IMAX Corporation. 6
Slide 7: Involved in Virtually Every Top-Grossing Film in 1H 2017
Involved in Virtually Every Top-Grossing Film in 1H 2017 2017 Week Top 3 Films Week 1 Rogue One: A Star Wars Story / Some Like It Hot / Railroad Tigers Week 2 Rogue One: A Star Wars Story / Passengers / Some Like It Hot Week 3 Passengers / Some Like It Hot / Rogue One: A Star Wars Story Week 4 JTTW2
Slide 8: Top performing films in PRC in 1H2017
Top performing films in PRC in 1H2017 1. The Fate of the 3. Journey to the 2. Kung Fu Yoga Furious 8 West 2 ¥1,753m ¥2,669m ¥1,656m 6. Pirate of the 5. Transformers: The 4. Dangal Caribbean: Dead Last Knight ¥1,291m Man Tell No Tales ¥1,194m ¥1,178m 8. xXx: The Return of 9. Resident Evil: The 7. Kon
Slide 9: IMAX China Network Expansion
IMAX China Network Expansion Theatre Network Installations 119 460 20 424 70 66 77 307 62 46 21 64 234 195 215 15 173 25 36 131 10 29 30 102 27 4 75 7 175 20 163 33 12 107 130 25 88 20 11 12 2013 2014 2015 2016 1 H1 7 2014 2015 2016 1 H1 6 1 H1 7 Sales Type Full JV Hybrid JV Sales Type Full JV Hybri
Slide 10: Robust Theatre Backlog and Continued Signings Momentum
Robust Theatre Backlog and Continued Signings Momentum Footprint Signings 238 841 758 522 473 79 83 74 40 28/09/2017 IMAX® is a registered trademark of IMAX Corporation. 10
Slide 11: Diverse Portfolio of Theatres
Diverse Portfolio of Theatres Current Network Mix • The IMAX China Network spans 160 cities across Mainland China • Roughly 42% of existing screens are in Tier 2 cities • Current backlog has a comparable mix of screens across different cities 28/09/2017 IMAX® is a registered trademark of IMAX Corpor
Slide 12: IMAX Box Office and Per Screen Average in Greater China
IMAX Box Office and Per Screen Average in Greater China Data in US$M $312 $296 $203 $180 $147 $167 2013 2014 2015 2016 1H16 1H17 Box Office Per Screen Average $1,230K $1,220K $1,345K $932K $615K $411K 28/09/2017 IMAX® is a registered trademark of IMAX Corporation. 12
Slide 13: Revenue Breakdown and Net Profit
Revenue Breakdown and Net Profit Data in US$M IMAX China Total Revenue IMAX China Adjusted Net Profit 65% 62% 63% 39% 59% 59% 34% 34% $118 33% 32% $111 $78 $57 $70 $56 $52 $43 $44 $38 $26 $26 $26 $54 $48 $19 $18 $34 $30 $26 Net Profit Profit Margin Total Revenue Gross Margin Note: Total revenues exc
Slide 14: EBITDA and EBITDA Margin
EBITDA and EBITDA Margin Data in US$M EBITDA SG&A ex-SBC 54% 51% 53% 19% 50% 47% 13% 13% 14% 13% $21 $59 $53 $15 $40 $29 $30 $10 $8 $7 EBITDA EBITDA Margin SG&A ex SBC As Percentage of Revenue 28/09/2017 IMAX® is a registered trademark of IMAX Corporation. 14
Slide 15: Revenue Breakdown and Margin
Revenue Breakdown and Margin Data in US$M Network Business Revenue Sales & Maintenance Revenue 64% 48% 75% 46% 75% 64% 64% 62% 44% $70 $54 43% $57 $48 $44 $34 $30 $26 $26 $26 Total Revenue Gross Margin Total Revenue Gross Margin 28/09/2017 IMAX® is a registered trademark of IMAX Corporation. 15
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