Moving Image Technologies Inc Stock Price, News & Analysis

Moving iMage Technologies (NYSE American: MITQ) has announced a partnership with New York City's historic Cherry Lane Theatre to transform it into a state-of-the-art 60-seat cinema and performing arts venue. The project includes collaboration with A24 to create a premium entertainment space featuring advanced technology installations.

The renovation incorporates cutting-edge features including a motorized Stewart Screen with QSC speaker system, Barco SP4K-12 laser projector, immersive audio system with APX AuroMax processor, and premium camera systems for live streaming capabilities. The venue will also include a full-service restaurant and bar in the lobby.

Moving iMage Technologies (NYSE American: MITQ) has announced the completion of Metro Private Cinema, a groundbreaking 20-screen private screening facility in New York City set to open on September 1st, 2025.

The company provided comprehensive services including design, project management, and installation of premium cinema technology. The facility features Christie CP2406-RBe laser projectors, JBL C211 Screen Channel Loudspeakers, and custom mirror mount assemblies, catering to groups of 4 to 20 people with amenities like private dining and motorized plush recliners.

This innovative concept aims to redefine the moviegoing experience by bringing studio-quality screening technology to a luxury private setting, leveraging MiT's expertise in high-net-worth residences and post-production facilities.

Moving iMage Technologies (NYSE American: MITQ) has announced major technology upgrades at four Alamo Drafthouse Cinema locations in Texas. The project involves installing state-of-the-art Barco SP4K laser projectors and Dolby Atmos immersive audio systems at theaters in Austin (Lakeline and Mueller) and San Antonio (Stone Oak and Park North).

The comprehensive upgrade includes Barco ICMP Alchemy servers for enhanced content management, HDR technology implementation in one auditorium per location, and several proprietary MiT products including S5 projector pedestals, IMC25 Automation systems, and IS-30 AC power conditioning equipment. The projects are scheduled for completion in the coming months, building on MiT's previous successful installations at Alamo's Dallas locations and Indianapolis venue.

Moving iMage Technologies (MITQ) has secured a significant $9 million contract to install 150 Barco laser projectors and related equipment for a national cinema exhibition customer. The agreement includes MiT-manufactured equipment such as pedestals, IS-30 automation systems, and integration services. The revenue will be distributed evenly over three fiscal years starting FY26, with initial installations beginning in fall 2025. The project represents a major technology upgrade from traditional lamp-based systems to Barco Series 4 4K laser projectors and Barco Alchemy media servers, aimed at enhancing customer experience and reducing operating costs across U.S. locations.

Moving iMage Technologies (NYSE American: MITQ) reported Q3'25 financial results with revenue of $3.57M, down 8.2% from Q3'24. Despite lower revenue, the company showed improvements in several metrics: gross profit increased to $1.06M (29.8% margin), operating loss improved to ($270K), and net loss reduced to ($240K) or ($0.02) per share. The company maintained a strong cash position of $5.4M with no long-term debt. MITQ secured notable wins, including a $9M projector technology refresh contract and the Cannon Beach theater complex project. Management expects Q4'25 revenue of approximately $5.2M, with some larger projects shifting to FY 2026. The company maintains a base of $8M-$9M in recurring annual revenue and focuses on higher margin opportunities while navigating current economic uncertainties.

Moving iMage Technologies (NYSE American: MITQ), a leading provider of out-of-home entertainment technology and services, has scheduled its Q3 fiscal 2025 earnings release and conference call for May 15, 2025. The company will release results before market open, followed by an investor call at 11:00 AM ET.

The call will be accessible via toll-free (1-877-407-4018) and international (1-201-689-8471) numbers. A telephone replay will be available until May 29, 2025, and a transcript will be posted online 48 hours after the event. Investors can submit questions in advance via email to mitq@catalyst-ir.com.

Moving iMage Technologies (NYSE American: MITQ) has announced its key role in developing a seven-screen theater complex at Cannon Beach in Mesa, Arizona, set to open by end of 2025. The project marks the U.S. debut of Samsung's 14-meter Onyx Cinema LED screen, featuring Direct View LED (DVLED) technology with true black levels and infinite contrast ratio.

The complex will integrate advanced technologies including Dolby Atmos sound systems, Barco SP2K/4K laser projectors, and MiT's proprietary solutions such as Architectural Lighting Fixtures, cinema automation, and energy management systems. The facility will also feature MiT's MovEsports production cart for gaming experiences.

The theater will be part of a 37-acre premier destination by LVL 11 Entertainment, combining lifestyle and adrenaline experiences. Samsung's Onyx LED screen comes with an industry-first 10-year warranty and will be installed in an auditorium with a balcony configuration.

Moving iMage Technologies (NYSE American: MITQ), a provider of technology and services for motion picture exhibition, Esports, stadiums, and entertainment venues, will showcase its cinema solutions at CinemaCon 2025 in Las Vegas from April 1st-3rd at Booths #2118A and #915J.

The company will host an investor open house on Tuesday, April 1st at 4pm PT, led by President and COO Francois Godfrey and CFO Bill Greene. The event will begin at booth #2118A and conclude at the Caddy Products division booth #915J. Interested investors are required to RSVP through the company's IR team.

Moving iMage Technologies (MITQ) reported improved financial results for Q2 FY2025. Revenue increased to $3,441,000 from $3,265,000 year-over-year, while gross profit rose to $936,000 with a margin of 27.2%. The company narrowed its operating loss to ($561,000) from ($830,000), and net loss improved to ($527,000) or ($0.05) per share compared to ($794,000) or ($0.07) per share.

The company benefited from a strengthening cinema industry, securing multiple orders for laser projectors and Dolby Atmos audio solutions for premium large format auditoriums. The 2024 holiday box office showed a 40% surge over the previous year. As of December 31, 2024, MITQ maintained a cash position of $5,316,000.

Management expects customer spending to continue improving throughout 2025, focusing on driving consistent revenue growth and achieving profitability in their core business.