Imax China Holding Inc · HKEX:1970
Imax China — H1 2022 Earnings Presentation
15 slides from Imax China's earnings presentation, Jul 29, 2022
Slide 1: IMAX China Half-Year 2022 Financial Results
IMAX China Half-Year 2022 Financial Results July 29, 2022 ® IMAX 1 Corp.
Slide 2: Disclaimer
Disclaimer This document is not intended to form or provide any basis of any decision in connection with IMAX China Holding, Inc. (the "Company") or any other entity in which it directly or indirectly holds any interest (together with the Company, hereinafter referred to as the "Group"). It does not
Slide 3: IMAX China is Benefitting from Reopening and Positioned for Long-term Success
IMAX China is Benefitting from Reopening and Positioned for Long-term Success Benefitting from • 91% of IMAX China theaters have reopened reopening • Demonstrated pent-up demand in moviegoing • Franchise-heavy and IMAX-friendly film slate that extends beyond 2022 • Asset-light technology licensing b
Slide 4: Promising Pipeline of Potential Local Language Titles
Promising Pipeline of Potential Local Language Titles Moon Man (July 29, 2022) Warriors of Future The Wandering Earth 2 Outcast (TBD) Homecoming (TBD) (IMAX release on Aug 12, 2022) (CNY 2023) Multiple blockbuster caliber potential local language titles Note: Release schedule of the abovementioned t
Slide 5: IMAX DNA Empowers Blockbuster Filmmaking
IMAX DNA Empowers Blockbuster Filmmaking IMAX DNA box office contribution Filmed-for-IMAX releases consistently top the chart 45% 41% 40% 35% 33% 30% 27% 25% 21% 20% 15% 10% 5% 0% 2020 2021 Watergate Bridge (2022) The Battle at Lake Changjin (2021) The Eight Hundred (2020) As % of IMAX box office As
Slide 6: Strong Pipeline of Blockbuster Releases (2022-2023)
Strong Pipeline of Blockbuster Releases (2022-2023) Black Avatar 2: The Ant-man and Aquaman Fast & Panther 2: Way of the Wasp: and the Lost Wakanda Furious 10 Water Quantumania Kingdom May 2023 Forever Dec 2022 Feb 2023 March 2023 Nov 2022 Transformers: Captain Rise of the Mission Oppenheimer Marvel
Slide 7: Exhibitor Partners Continue to See the Value of IMAX to Their Business
Exhibitor Partners Continue to See the Value of IMAX to Their Business IMAX Greater China Theater Footprint Greater China Backlog Mix2 Backlog Full revenue sharing Hybrid revenue sharing Sales arrangement IMAX zones: approximately 1,400 1 208 398 112 278 As of June 30, 2022 Note 1: As of December 31
Slide 8: IMAX Accounts for Eight of The Top Ten Highest-Grossing Titles in China's Film History
IMAX Accounts for Eight of The Top Ten Highest-Grossing Titles in China’s Film History #1 The Battle at Lake Changjin #4 Nezha #5 The Wandering Earth #6 Detective Chinatown 3 (RMB5.8bn GBO) (RMB5.0bn GBO) (RMB4.7bn GBO) (RMB4.5bn GBO) #7 Avengers Endgame #8 Water Gate Bridge #9 Operation Red Sea #10
Slide 9: Expanding the IMAX Experience Beyond Theatrical
Expanding the IMAX Experience Beyond Theatrical Studios & TVs, projectors and streaming services cellphones Content Devices Streaming Unleash the power of IMAX beyond theatres IMAX Enhanced partners with leading domestic TV, smartphone manufacturers and major streaming platforms Note: China domestic
Slide 10: IMAX Enhanced Creates Further Value for Our Fans and Partners
IMAX Enhanced Creates Further Value for Our Fans and Partners IMAX Enhanced creates further value for our fans and partners Half-Year 2022 Financial Results 10
Slide 11: Strong Financial Position with Ample Liquidity and Balance Sheet Flexibility
Strong Financial Position with Ample Liquidity and Balance Sheet Flexibility Strong fundamentals Cost control actions Financial Strength ❑ Healthy balance sheet ❑ Temporary adjustment to work week ❑ Delivered US$2.1 million adjusted net while maintaining our ability to quickly profit(1) despite exte
Slide 12: Network Update
Network Update Backlog Signings and Installations 215 1H 2022 208 Full Revenue Sharing 44 Hybrid Revenue Sharing Total Signings Total Installations 41 Sales / Sales Type Lease Sales and STL - 2 Revenue Sharing Arrangements Hybrid - 1 100 96 JV 2 6 Upgrades - 1 Relocation - - Renewal - - 71 71 Sales
Slide 13: 1H 2022 Segment Details
1H 2022 Segment Details IMAX Technology Network IMAX Technology Sales & Maintenance Revenue sharing arrangements – contingent rent Others Theatre system maintenance Film Revenue Revenue sharing arrangements – upfront fees Sales & Sales-type lease arrangements $ in Millions $ in Millions (34%) (46%)
Slide 14: 1H2022 Financial Summary
1H2022 Financial Summary $ in Millions Revenue Operating Expenses1 Adjusted EBITDA 4 Adjusted Net Income 5 $53.4 $14.6 6 $33.8 $21.3 $4.5 $31.7 $6.1 $0.6 $32.7 $1.9 $3.0 3 $20.9 2 $7.7 $5.7 $11.0 $21.7 $2.1 $11.7 ($2.6) 1H21 1H22 1H21 1H22 1H21 1H22 1H21 1H22 New Business Initiatives & Others Net FV
Slide 15: Half-year 2022 Financial Results
Half-year 2022 Financial Results IMAX® is a registered trademark of IMAX Corporation. 15