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IMAX® IMAX Corporation Reports Third Quarter 2021 Results October 28 , 2021 HIGHLIGHTS - IMAX reaches turning point at global box office -- breaking record for highest grossing month of October , delivering September grosses above 2019 , and generating $ 142 million ( + 100 % YoY ) in Global Box Office for the Third Quarter The Company delivers strongest Global Box Office , Revenue , and Gross Margin since 2019 , with blockbusters and consumers returning to cinemas in force and studios recommitting to exclusive theatrical releases - - IMAX continues to improve operating results demonstrating the strength of its global asset - lite licensing model and ability to capitalize on box office momentum - The Company is well - positioned to benefit from the continued evolution of the theatrical marketplace , including increased globalization of the box office , further emphasis on tentpole releases , and compressed demand of 45 - day theatrical window - IMAX expects accelerating pipeline of blockbusters set for exclusive theatrical release to further build consumer momentum worldwide , with a wealth of franchise tentpole films slated in Q4 of 2021 and 2022 NEW YORK , Oct. 28 , 2021 / PRNewswire / -- IMAX Corporation ( NYSE : IMAX ) today reported financial results for the third quarter of 2021 , including : its strongest Global Box Office , Revenue , and Gross Margin in the pandemic era ; a sharp reduction in net loss attributable to common shareholders from ( $ 47.2 ) to ( $ 8.4 ) million , reported loss per share from ( $ 0.80 ) to ( $ 0.14 ) , and adjusted loss per share from ( $ 0.75 ) to ( $ 0.08 ) ; and solid improvement in adjusted EBITDA which increased from ( $ 0.3 ) to $ 13.1 million - demonstrating a significant turning point in the global box office with pent up consumer demand for The IMAX ExperienceⓇ continuing to gain momentum as theaters reopen around the world . IMAX GROSS MARGIN $ 27.5M / 48.6 % Best since 2010 03 FINANCIAL RESULTS 2021 Global Box Office $ 142M REVENUE + 52 % Over 03 2020 EBITDA $ 13.1M 4th straight quarter of positive EBITDA 66 Third consecutive quarter of 500 000 " It is clear the global film industry has reached a turning point : the movies are back 99 Operational Highlights Shang - Of and the Cannes , France , an MAX Тор Grossing IMAX Releases in Q3 DIMAX A 84 October " The third quarter was a major turning point for IMAX . We delivered over $ 142 million in Global Box Office , a clear sign of significant pent up consumer demand with momentum accelerating into a pre - pandemic September performance and all - time Company record in October , which is on track to be one of the top ten months in the company's history , " said Richard L. Gelfond , CEO of IMAX Corporation . " The power of the IMAX theatrical window for blockbuster films is clear as we continue to draw moviegoers to the theaters , gain market share , and grow our relationships with local exhibitors , studios , and filmmakers . " " IMAX's asset - lite model again proved to be a strong differentiator , helping us to deliver year - over - year growth in revenue and achieve another quarter of improved operating results . These results are also reflected in our balance sheet , where our excess liquidity provides security and capital allocation flexibility . " " As anticipated , the domestic market continued its recovery with sequential growth in box office . Local language box office was