Moving Image Technologies (MITQ) investor relations material

Executive summary

• Box office momentum and a rebound in consumer demand are driving optimism for new business opportunities, with $2.6 billion in domestic box office revenue in the June quarter, up 37% year-over-year.

• Customers are prioritizing technology upgrades to enhance guest experiences, and the company is focused on converting these opportunities into revenue while reducing exposure to cinema industry cycles.

• The company is expanding its international channels and evaluating complementary products and services for long-term growth.

• Q4 net loss improved to ($156K) from ($416K) year-over-year, and year-end net cash rose to $5.7M from $5.3M.

• Operating expenses declined 26.5% in Q4 and 9.3% for the full year, offsetting lower revenues.

Financial highlights

• Q4 2025 revenue was $5.88 million, down 7.3% from $6.35 million in Q4 2024, but up sequentially from $3.57 million in Q3 2025.

• Q4 2025 gross margin was 20.4%, down from 22.5% in Q4 2024; gross profit was $1.2 million versus $1.43 million year-over-year.

• Fiscal 2025 revenue declined 9.9% to $18.15 million, but gross margin improved to 25.2% from 23.3% in 2024.

• Fiscal 2025 net loss was $948,000 or -$0.10 per share, an improvement from a $1.372 million loss or -$0.13 per share in 2024.

• No long-term debt at year-end; cash position improved to $5.7M.

Outlook and guidance

• Q1 2026 revenue is expected to be approximately $4.9 million, with stronger revenue anticipated in the second half of fiscal 2026.

• The project pipeline for the remainder of 2025 includes a seven-screen theater remodel and ongoing discussions with large regional exhibitors.

• Recurring revenue base is $8–9 million annually, with expectations for growth as the customer base expands.

• Cautiously optimistic for FY'26, expecting a modest ramp in cinema technology upgrades.