RDI Filings — Reading International, Inc. - FilingSpy
RDI
Reading International, Inc.
A cinema and real estate company running movie theaters across the U.S., Australia, and New Zealand under the Reading Cinemas, Consolidated Theatres, and Angelika Film Center brands. It pairs its screens with real estate it owns and leases, including a building in Manhattan's Union Square and entertainment centers in Australia. Alongside film tickets, concessions, and screen ads, the cinemas offer premium touches like luxury recliner seating.
Reading International reports Q2 2026 revenue of $66.9M, highest since pre-pandemic
Q2 2026 total revenues were $66.9 million, up 11% from $60.4 million in Q2 2025, the highest second quarter since Q2 2019.
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Q2 2026 operating income was $7.5 million, up 159% from $2.9 million in Q2 2025, the best quarter since Q2 2018.
Q2 2026 EBITDA was $11.3 million, up 79% from $6.3 million in Q2 2025, excluding asset sales in both periods.
Q2 2026 net income was $2.3 million, compared to a net loss of $2.8 million in Q2 2025; basic EPS was $0.10 versus a loss of $0.12.
For the six months ended June 30, 2026, total revenues were $112.0 million, up 11% from $100.5 million; net loss improved to $5.8 million from $7.8 million.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Reading International holds 2025 Annual Meeting, elects five directors and approves auditor and executive compensation.
Stockholders elected five directors: Margaret Cotter, Guy W. Adams, Dr. Judy Codding, Ellen M. Cotter, and Douglas J. McEachern, each to serve until the 2026 Annual Meeting.
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The ratification of Grant Thornton LLP as independent auditor for fiscal year 2025 passed with 1,461,462 votes for, 3,550 against, and 5,131 abstentions.
The non-binding advisory vote on executive compensation passed with 1,348,526 votes for, 21,680 against, and 130 abstentions.
A slide presentation was furnished as Exhibit 99.1 and posted on the company's Investor Relations page at www.readingrdi.com.
The meeting was held on December 4, 2025, and the report was filed on December 10, 2025.
5.07 Submission of Matters to a Vote of Security Holders · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Reading International reports Q3 2025 revenue of $52.2M, net loss attributable to Reading of $4.2M.
Total revenues for Q3 2025 were $52.2 million, down 13% from $60.1 million in Q3 2024.
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Operating loss was $0.3 million, flat compared to Q3 2024.
EBITDA was positive at $3.6 million, up 26% from $2.8 million in Q3 2024, marking the fifth straight quarter of positive EBITDA.
Net loss attributable to Reading was $4.2 million, improved 41% from a loss of $7.0 million in Q3 2024; basic loss per share was $0.18, improved from $0.31.
For the nine months ended September 30, 2025, total revenues were $152.7 million, net loss attributable to Reading was $11.6 million, and EBITDA was $12.8 million.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Reading International reports Q1 2025 net loss of $4.8 million, improved 64% from Q1 2024.
Total revenues decreased to $40.2 million from $45.1 million in Q1 2024, due to lower cinema attendance, screen count reduction, and unfavorable FX.
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Operating loss improved 8.5% to $6.9 million, the best first-quarter operating result since 2019.
EBITDA turned positive at $2.9 million, up 173% from a loss of $4.0 million in Q1 2024, helped by a $6.6 million book profit from the Wellington, NZ property sale.
Net loss attributable to Reading was $4.8 million, or $0.21 per share, compared to a loss of $13.2 million, or $0.59 per share, in Q1 2024.
The company sold Wellington, NZ properties for NZ$38.0 million, paid off an NZ$18.8 million Westpac loan, and reduced debt by $16.1 million since year-end 2024.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Reading International reports Q4 2024 revenue up 29.3% to $58.6M; full-year revenue down 5.5% to $210.5M
Q4 2024 total revenues increased 29.3% to $58.6 million from $45.3 million in Q4 2023.
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Q4 2024 operating income was $1.5 million, improving from an operating loss of $7.0 million in Q4 2023.
Q4 2024 net loss narrowed to $2.2 million from $12.4 million in Q4 2023; basic loss per share improved to $(0.10) from $(0.56).
Full-year 2024 total revenues decreased 5.5% to $210.5 million from $222.7 million in 2023; net loss increased to $35.3 million from $30.7 million.
The company sold its Wellington, New Zealand assets for NZ$38 million on January 31, 2025, and signed a Put & Call Option to sell Cannon Park properties for AU$32.0 million on March 17, 2025.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits