Mid-cap

IMAX runs a global premium cinema platform built around large-format screens, studio partnerships, and brand strength. Revenue, margins, and cash flow have improved sharply, and the company is increasingly positioned as a specialized beneficiary of demand for event-style moviegoing.

Cinemark operates one of the largest theater networks in the U.S. with added reach in Latin America. Profitability and cash flow have rebounded sharply, and premium experiences plus concession growth give the business clear operating momentum worth examining.

Carsales.com runs leading online automotive marketplaces, anchored by a strong Australian platform and supported by international assets. High margins, steady compounding, and rising cash generation make it a useful case study in durable digital platform economics.

JOYY runs global social entertainment apps led by BIGO, with revenue still centered on live streaming. The recent mix of renewed sales growth, strong cash generation, and near-zero leverage makes the company worth a closer look for its improving business profile.

CarGurus runs a digital auto marketplace that connects shoppers, dealers, and transaction tools. Recent growth has improved, cash generation is strong, and profitability has rebounded well, making its long-term business profile worth a closer look.