MOVING iMAGE TECHNOLOGIES INC. (MITQ)
Moving iMage Technologies, Inc. (MITQ) operates as a comprehensive digital cinema enterprise, delivering a wide spectrum of solutions to the motion picture exhibition industry both domestically and internationally. The company specializes in the conceptualization, manufacturing, integration, setup, and distribution of both proprietary innovations and custom-engineered equipment, alongside mainstream off-the-shelf cinema products. Their core mission revolves around addressing the intricate integration requirements associated with constructing, upgrading, and outfitting modern movie theaters. MITQ's offerings span a diverse portfolio, including sophisticated automation systems tailored for digital cinema environments, unique proprietary rack pedestals, and a proprietary suite of components for contemporary boothless theater designs and various auditorium layouts. They also design and assemble their own lighting products and dimmers, and act as distributors for leading digital cinema projectors and servers. Furthermore, MITQ provides premium audio systems and enclosures, intelligent demand-controlled ventilation solutions that automatically manage projector exhaust, and a comprehensive array of seating and comfort elements such as reclining chairs, armrests, concession tables, tablet arms, cup holders, and illuminated step and aisle products, suitable for cinemas and other public venues. The company also extends its expertise to software development, exemplified by CineQC, a system designed for remote cinema presence management and control. Complementing their hardware and software, MITQ offers extensive services including bespoke engineering, systems architecture and integration, installation, and digital technology consulting. They provide specialized software solutions for 3D, digital cinema, and audiovisual integration, along with project management for theatre enhancements and new constructions, furnishing and equipment (FF&E) services for commercial cinema projects, and post-installation maintenance and support. Founded in 2003, the company is headquartered in Fountain Valley, California.
Sector: Photographic Equipment & Supplies
Industry: Communication Equipment
Moving iMage Technologies, Inc.
No splits on record
Nothing in MITQ's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 |
| Revenue | $17.32M | $18.15M | $20.14M | $20.21M | $18.35M | $7.25M | $16.37M | $20.27M | $25.34M | $20.65M |
| YoY Growth | -4.6% | -9.9% | -0.3% | 10.1% | 153.2% | -55.7% | -19.3% | -20.0% | 22.7% | - |
| Cost of Revenue | $12.29M | $13.57M | $15.46M | $14.9M | $13.89M | $5.56M | $12.03M | $15.03M | $20.01M | $15.85M |
| Gross Profit | $5.03M | $4.57M | $4.68M | $5.31M | $4.46M | $1.69M | $4.33M | $5.24M | $5.32M | $4.8M |
| Gross Margin | 29.1% | 25.2% | 23.3% | 26.3% | 24.3% | 23.3% | 26.5% | 25.8% | 21.0% | 23.2% |
| Research and Development | $186K | $203K | $277K | $261K | $238K | $152K | $240K | $318K | $425K | $383K |
| Selling, General, and Administrative | $5.34M | $5.46M | $5.96M | $6.07M | $5.99M | $3.1M | $4.71M | $4.96M | $4.34M | $4.26M |
| Other | $0 | $0 | $0 | $954K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $5.53M | $5.66M | $6.24M | $7.29M | $6.22M | $3.25M | $4.95M | $5.28M | $4.76M | $4.64M |
| Operating Income (EBIT) | -$498K | -$1.09M | -$1.56M | -$1.98M | -$1.76M | -$1.56M | -$620K | -$39K | $559K | $154K |
| Operating Margin | -2.9% | -6.0% | -7.7% | -9.8% | -9.6% | -21.5% | -3.8% | -0.2% | 2.2% | 0.7% |
| Interest Expense | $0 | $0 | $0 | $0 | $40K | $237K | $263K | $0 | $1K | $0 |
| Interest Income | $0 | $138K | $185K | $139K | $0 | $0 | $0 | $4K | $19K | $5K |
| Other Income (Expense) | $201K | $138K | $185K | $177K | $417K | $916K | -$263K | $4K | $18K | $5K |
| Income Before Tax (EBT) | -$297K | -$948K | -$1.37M | -$1.8M | -$1.34M | -$645K | -$883K | -$35K | $577K | $159K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4K | $0 | $0 |
| Net Income | -$297K | -$948K | -$1.37M | -$1.8M | -$1.34M | -$645K | -$883K | -$31K | $577K | $159K |
| Net Income Margin | -1.7% | -5.2% | -6.8% | -8.9% | -7.3% | -8.9% | -5.4% | -0.2% | 2.3% | 0.8% |
| Supplementary Data | ||||||||||
| EPS | -0.03 | -0.10 | -0.13 | -0.16 | -0.12 | -0.11 | -0.20 | -0.01 | 0.10 | 0.03 |
| Diluted EPS | -0.03 | -0.10 | -0.13 | -0.16 | -0.12 | -0.11 | -0.20 | -0.01 | 0.10 | 0.03 |
| Weighted Average OS | 9.94M | 9.91M | 10.48M | 10.92M | 10.83M | 5.65M | 5.67M | 5.67M | 5.67M | 4.98M |
| EBITDA | -$195K | -$625K | -$1.03M | -$1.08M | -$1.19M | -$181K | -$406K | -$18K | $594K | $182K |
| EBITDA Margin | -1.1% | -3.4% | -5.1% | -5.3% | -6.5% | -2.5% | -2.5% | -0.1% | 2.3% | 0.9% |
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $3.19M | $5.71M | $5.28M | $6.62M | $2.34M | $1.27M | $1.06M | $582K | $597K | $604K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $4.36M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $3.19M | $5.71M | $5.28M | $6.62M | $6.7M | $1.27M | $1.06M | $582K | $597K | $604K |
| Accounts Receivable | $1.11M | $1.46M | $1.05M | $905K | $1.76M | $454K | $809K | $2.13M | $2.45M | $2.2M |
| Inventory | $2.41M | $2.07M | $3.12M | $4.42M | $4.03M | $1.53M | $1.59M | $1.68M | $2.2M | $2.26M |
| Other Current Assets | $0 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $230K |
| Total Current Assets | $7.23M | $9.41M | $9.91M | $12.39M | $13.36M | $3.35M | $3.54M | $4.49M | $5.32M | $5.11M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $906K | $1.1M | $172K | $443K | $22K | $21K | $151K | $32K | $45K | $42K |
| Goodwill | $0 | $0 | $0 | $0 | $287K | $287K | $287K | $0 | $0 | $0 |
| Intangible Assets | $305K | $364K | $422K | $480K | $839K | $935K | $1.03M | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $325K | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $15K | $15K | $16K | $16K | $16K | $1.13M | $698K | $188K | $17K | $16K |
| Total Long-Term Assets | $1.23M | $1.48M | $610K | $939K | $1.49M | $2.38M | $2.17M | $220K | $62K | $58K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $8.46M | $10.89M | $10.52M | $13.33M | $14.85M | $5.73M | $5.7M | $4.71M | $5.38M | $5.17M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $1.33M | $3.01M | $2.26M | $1.51M | $1.58M | $1.91M | $2.69M | $2.93M | $3.68M | $3.87M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $827K | $519K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $14K | $27K | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $948K | $1.14M | $1.68M | $3.19M | $3.18M | $1.37M | $854K | $1.08M | $884K | $514K |
| Other Current Liabilities | $655K | $604K | $454K | $411K | $519K | $485K | $286K | $563K | $458K | $449K |
| Total Current Liabilities | $3.19M | $5.11M | $4.81M | $5.6M | $5.41M | $4.73M | $4.52M | $4.8M | $5.25M | $5M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $1.7M | $2.13M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $22K | $0 | $20K | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | -$20K | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $25K | $20K | $0 | $0 | $8K |
| Total Long-Term Liabilities | $658K | $918K | $0 | $151K | $22K | $1.73M | $2.15M | $0 | $0 | $8K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.85M | $6.03M | $4.81M | $5.75M | $5.44M | $6.46M | $6.67M | $4.8M | $5.25M | $5.01M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $126K | $162K |
| Retained Earnings | -$7.5M | -$7.2M | -$6.25M | -$4.88M | -$3.08M | -$1.74M | $0 | $0 | $0 | $0 |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$434K | $0 |
| Other Stockholders' Equity | $12.11M | $12.06M | $11.96M | $12.46M | $12.5M | $1.01M | -$969K | -$86K | $0 | $0 |
| Total Equity | $4.61M | $4.86M | $5.71M | $7.58M | $9.41M | -$729K | -$969K | -$86K | $126K | $162K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $8.46M | $10.89M | $10.52M | $13.33M | $14.85M | $5.73M | $5.7M | $4.71M | $5.38M | $5.17M |
| Supplementary Data | ||||||||||
| Total Debt | $918K | $1.15M | $151K | $431K | $0 | $2.53M | $2.65M | $0 | $0 | $0 |
| Net Debt | -$2.27M | -$4.57M | -$5.13M | -$6.18M | -$2.34M | $1.26M | $1.59M | -$582K | -$597K | -$604K |
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 |
| Operating Activities | ||||||||||
| Net Income | -$297K | -$948K | -$1.37M | -$1.8M | -$1.34M | -$645K | -$883K | -$35K | $577K | $159K |
| Depreciation & Amortization | $303K | $323K | $341K | $349K | $115K | $227K | $214K | $17K | $16K | $28K |
| Deferred Income Tax | $0 | $0 | $0 | -$1.91B | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $40K | $96K | $66K | $146K | $245K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $288K | -$274K | -$394K | $868K | -$1.09M | $282K | $1.48M | $158K | -$246K | -$593K |
| Inventory | -$439K | $744K | $780K | -$386K | -$2.5M | $60K | $89K | $516K | $63K | -$2K |
| Accounts Payable | -$1.68M | $748K | $754K | -$76K | -$328K | -$783K | -$352K | -$755K | -$182K | $799K |
| Other Working Capital | -$854K | -$417K | -$1.74M | $265K | $2.19M | $237K | -$1.06M | $95K | $411K | $56K |
| Total Working Capital Change | -$2.69M | $801K | -$604K | $671K | -$1.72M | -$204K | $150K | $14K | $46K | $260K |
| Other Non-Cash Items | $173K | $165K | $773K | $1.91B | -$678K | -$1.07M | -$57K | -$98K | $24K | $59K |
| Net Cash from Operating | -$2.47M | $437K | -$796K | $269K | -$3.39M | -$1.7M | -$576K | -$102K | $663K | $654K |
| Investing Activities | ||||||||||
| Capital Expenditures | -$49K | $0 | -$12K | -$15K | -$20K | -$2K | -$2K | -$3K | -$20K | -$21K |
| Acquisitions | $0 | $0 | $0 | $0 | $4.94M | $0 | $128K | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$7.67M | -$5.58M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $12.39M | $641K | $550K | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | -$400K | -$4.94M | $0 | $0 | $167K | -$37K | -$123K |
| Net Cash from Investing | -$49K | $0 | -$12K | $4.31M | -$4.96M | $548K | $126K | $164K | -$57K | -$144K |
| Financing Activities | ||||||||||
| Debt Repaid | - | - | - | - | $1.83M | -$636K | -$276K | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $11.24M | $784K | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$6K | $0 | -$530K | -$304K | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$77K | -$613K | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$379K |
| Net Cash from Financing | -$6K | $0 | -$530K | -$304K | $9.41M | $1.36M | $926K | -$77K | -$613K | -$379K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$2.52M | $437K | -$1.34M | $4.28M | $1.07M | $211K | $476K | -$15K | -$7K | $131K |
| Supplementary Data | ||||||||||
| Operating Cash Flow | -$2.47M | $437K | -$796K | $269K | -$3.39M | -$1.7M | -$576K | -$102K | $663K | $654K |
| Capital Expenditure | -$49K | $0 | -$12K | -$15K | -$20K | -$2K | -$2K | -$3K | -$20K | -$21K |
| Free Cash Flow | -$2.52M | $437K | -$808K | $254K | -$3.41M | -$1.7M | -$578K | -$105K | $643K | $633K |
| Cash at Beginning | $5.71M | $5.28M | $6.62M | $2.34M | $1.27M | $1.06M | $582K | $597K | $604K | $473K |
| Cash at End | $3.19M | $5.71M | $5.28M | $6.62M | $2.34M | $1.27M | $1.06M | $582K | $597K | $604K |