READING INTERNATIONAL INC RDIB
Reading International, Inc. ("RDI" and collectively with our consolidated subsidiaries and corporate predecessors, our "Company," "Reading," "we," "us," or "our") was incorporated in 1999 incident to our reincorporation in the State of Nevada. Our class A non-voting common stock ("Class A Stock") and class B voting common stock ("Class B Stock") are listed for trading on the Nasdaq Capital Market (Nasdaq-CM) under the symbols RDI and RDIB, respectively. Our Corporate Headquarters is at 189 Second Avenue, Suite 2S, New York, New York, 10003.
We are an internationally diversified company focused on the development, ownership and operation of entertainment and real property assets in three jurisdictions: (i) United States ("U.S."), (ii) Australia, and (iii) New Zealand. We group our businesses into two operating segments, which are owned and operated through various operating subsidiaries:
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $203.0M | $210.5M | $222.7M | $203.1M | $139.1M | $77.9M | $276.8M | $308.9M | $279.6M | $270.9M |
| Cost of revenue | — | — | — | — | — | — | — | $244.7M | $224.5M | $214.9M |
| Gross profit | — | — | — | — | — | — | — | $64.2M | $55.1M | $55.9M |
| SG&A | $19.3M | $20.2M | $20.2M | $21.4M | $25.1M | $17.0M | $25.4M | $27.3M | $25.3M | $26.9M |
| Total operating expenses | $208.3M | $224.6M | $234.8M | $231.6M | $180.9M | $139.2M | $267.6M | $285.3M | $259.2M | $250.2M |
| Operating income | -$5.3M | -$14.0M | -$12.0M | -$28.5M | -$41.8M | -$61.3M | $9.1M | $23.6M | $20.4M | $20.7M |
| Interest expense | $17.9M | $21.2M | $19.4M | $14.4M | $13.7M | $9.4M | $7.9M | $6.8M | $6.2M | $6.8M |
| Pre-tax income | -$13.8M | -$35.4M | -$30.6M | -$35.8M | $40.8M | -$70.8M | $2.3M | $17.5M | $34.2M | $13.8M |
| Income tax | $853.0K | $481.0K | $590.0K | $819.0K | $5.9M | $5.0M | $28.8M | $3.3M | $3.3M | $4.1M |
| Net income | -$14.1M | -$35.3M | -$30.7M | -$36.2M | $31.9M | -$65.2M | -$26.4M | $14.0M | $30.9M | $9.7M |
| EPS, basic | -0.62 | -1.58 | -1.38 | -1.64 | 1.46 | -3.00 | -1.17 | 0.61 | 1.34 | 0.42 |
| EPS, diluted | -0.62 | -1.58 | -1.38 | -1.64 | 1.42 | -3.00 | -1.17 | 0.60 | 1.33 | 0.41 |
| Shares, diluted (wtd. avg.) | $22.7M | $22.4M | $22.2M | $22.0M | $22.4M | $22.2M | $22.8M | $23.2M | $23.2M | $23.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $10.5M | $12.3M | $12.9M | $35.0M | $88.6M | $26.8M | $12.1M | $14.5M | $13.7M | $19.0M |
| Short-term investments | $14.0K | $14.0K | $17.0K | $17.0K | $23.0K | $26.0K | $47.0K | $42.0K | $46.0K | $50.0K |
| Receivables | $4.6M | $5.3M | $7.6M | $6.2M | $5.4M | $2.4M | $7.1M | $8.0M | $13.1M | $8.8M |
| Inventory | $1.7M | $1.7M | $1.6M | $1.6M | $1.4M | $1.1M | $1.7M | $1.4M | $1.4M | $1.4M |
| Total current assets | $21.8M | $57.0M | $38.7M | $47.5M | $100.3M | $56.5M | $27.0M | $30.3M | $33.5M | $72.6M |
| Property, plant and equipment | $208.0M | $214.7M | $262.4M | $287.0M | $306.7M | $353.1M | $258.1M | $258.0M | $264.7M | $211.9M |
| Goodwill | $24.6M | $23.7M | $25.5M | $25.5M | $26.8M | $28.1M | $26.4M | $19.4M | $20.3M | $19.8M |
| Other intangibles | $1.6M | $1.8M | $2.0M | $2.4M | $3.3M | $4.0M | $4.3M | $3.8M | $8.5M | $10.0M |
| Total assets | $434.9M | $471.0M | $533.1M | $587.1M | $687.7M | $690.2M | $675.0M | $439.2M | $423.4M | $405.8M |
| Accounts payable | $52.8M | $48.7M | $43.8M | $42.6M | $39.7M | $38.9M | $29.4M | $26.9M | $34.4M | $26.5M |
| Short-term debt | $36.0M | $69.2M | $85.5M | $47.2M | — | — | — | — | — | — |
| Total current liabilities | $128.6M | $161.6M | $127.1M | $121.7M | $107.0M | $120.6M | $111.1M | $86.3M | $80.4M | $66.0M |
| Long-term debt | $185.1M | $202.7M | $210.3M | $215.6M | $236.9M | $285.0M | $209.2M | $167.0M | $134.5M | $148.5M |
| Total liabilities | $453.0M | $475.8M | $500.1M | $523.8M | $582.6M | $609.0M | $535.4M | $259.3M | $241.8M | $259.2M |
| Retained earnings | -$128.9M | -$114.8M | -$79.5M | -$48.8M | -$12.6M | -$44.6M | $20.6M | $47.1M | $33.2M | $1.7M |
| Total equity | -$18.2M | -$4.4M | $33.0M | $63.3M | $105.1M | $81.2M | $139.6M | $180.0M | $181.4M | $146.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.6M | -$3.8M | -$9.7M | -$26.4M | -$13.5M | -$30.2M | $24.6M | $32.6M | $23.9M | $30.2M |
| Depreciation and amortisation | $13.2M | $15.8M | $18.4M | $20.9M | $22.7M | $22.3M | $22.7M | $22.3M | $16.9M | $15.7M |
| Stock-based compensation | $1.9M | $2.4M | $1.9M | $1.9M | $2.2M | $1.4M | $1.5M | $1.5M | $1.0M | $609.0K |
| Capital expenditure | $1.3M | $5.5M | $4.5M | $9.4M | $15.6M | $18.5M | $45.7M | $63.5M | $65.9M | $49.2M |
| Investing cash flow | $37.1M | $4.0M | -$2.7M | -$9.5M | $129.6M | -$18.8M | -$53.3M | -$64.9M | -$6.8M | -$42.9M |
| Financing cash flow | -$37.9M | $337.0K | -$6.7M | -$16.6M | -$50.3M | $59.3M | $26.0M | $33.2M | -$22.1M | $11.2M |
| Buybacks | — | — | — | — | — | $670.0K | $11.2M | $2.3M | $6.5M | $2.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000716634-26-000013.
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