RDI

MKT CAP:$41M

Reading International, Inc.

Market Cap

$41M

Communication Services·Entertainment·🇺🇸 United States·NASDAQ

Communication·Entertainment·🇺🇸·NASDAQ

Stock Price

$1.20+$0.11 (+10.09%)

Apr 17, 2026

Company Details

Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segmen...

CEO

Ellen Marie Cotter

IPO Date

Dec 13, 1983

Website

www.readingrdi.com

Key Metrics TTM

Revenue

$217M

+55.7% YoY

Net Income

-$33M

EPS (Diluted)

-$1.48

Free Cash Flow

-$31M

Revenue / Share

$9.66

Gross Margin

11.2%

Operating Margin

-8.9%

Net Margin

-15.4%

FCF Margin

-14.5%

P/S

0.2x

P/E

—

Earnings Reports

Q2 2024

Aug 14, 2024

$47M-28.0%EPS -$0.57

FY 2023

Mar 29, 2024

$223MEPS -$1.38

Q2 2023

Aug 14, 2023

$65M+0.8%EPS -$0.12

Q2 2022

Aug 9, 2022

$65M+79.0%EPS -$0.11

Q1 2022

May 10, 2022

$40M+88.7%EPS -$0.68

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 16	$65M	$15M	$5M
Q1 17	$69M	$16M	$6M
Q2 17	$72M	$18M	$8M
Q1 18	$76M	$18M	$6M
Q3 19	$70M	$15M	$3M
Q4 19	$69M	$15M	$2M
Q2 20	$3M	-$12M	-$22M
Q3 20	$10M	-$8M	-$17M
Q1 21	$21M	-$3M	-$14M
Q2 21	$36M	$2M	-$13M
Q3 21	$32M	-$117.0K	-$11M
Q4 21	$50M	$7M	-$4M
Q1 22	$40M	-$460.0K	-$12M
Q2 22	$65M	$12M	-$2M
Q2 23	$65M	$12M	$2M
Q2 24	$47M	$2M	-$8M

Valuation

Quarter	P/S	P/E
Q1 16	—	—
Q1 17	—	—
Q2 17	—	—
Q1 18	1.3x	13.9x
Q3 19	0.9x	10.1x
Q4 19	0.9x	—
Q2 20	0.4x	—
Q3 20	0.5x	—
Q1 21	1.2x	—
Q2 21	2.1x	—
Q3 21	1.1x	9.0x
Q4 21	0.7x	2.9x
Q1 22	0.6x	—
Q2 22	0.4x	—
Q2 23	0.3x	—
Q2 24	0.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 16	$4M	$234.0K
Q1 17	$311.0K	-$8M
Q2 17	$6M	-$11M
Q1 18	$2M	-$21M
Q3 19	$8M	-$2M
Q4 19	$14M	$1M
Q2 20	-$14M	-$19M
Q3 20	-$5M	-$7M
Q1 21	-$4M	-$5M
Q2 21	-$2M	-$5M
Q3 21	-$12M	-$19M
Q4 21	$6M	$2M
Q1 22	-$14M	-$16M
Q2 22	-$4M	-$6M
Q2 23	$3M	$646.0K
Q2 24	-$10M	-$11M

Capital Expenditures

Quarter	CapEx
Q1 16	$4M
Q1 17	$8M
Q2 17	$16M
Q1 18	$23M
Q3 19	$10M
Q4 19	$13M
Q2 20	$4M
Q3 20	$2M
Q1 21	$2M
Q2 21	$3M
Q3 21	$7M
Q4 21	$4M
Q1 22	$2M
Q2 22	$2M
Q2 23	$2M
Q2 24	$249.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 19	+8.7%	+12.4%
Q4 19	-0.8%	+4.8%
Q2 20	-95.3%	-60.4%
Q3 20	-86.6%	-60.7%
Q1 21	-69.8%	-47.8%
Q2 21	-47.7%	-27.5%
Q3 21	+829.4%	+66.9%
Q4 21	+389.8%	+96.8%
Q1 22	+88.7%	+47.3%
Q2 22	+79.0%	+36.1%
Q2 23	+104.6%	+48.0%
Q2 24	-6.2%	+0.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 16	$143.0K	0.2%
Q1 17	$166.0K	0.2%
Q2 17	$294.0K	0.4%
Q1 18	$379.0K	0.5%
Q3 19	$417.0K	0.6%
Q4 19	$366.0K	0.5%
Q2 20	$0	0.0%
Q3 20	$0	0.0%
Q1 21	$0	0.0%
Q2 21	$0	0.0%
Q3 21	$0	0.0%
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q2 23	$0	0.0%
Q2 24	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q1 16	$6M
Q1 17	$6M
Q2 17	$6M
Q1 18	$8M
Q3 19	$6M
Q4 19	$7M
Q2 20	$5M
Q3 20	$4M
Q1 21	$5M
Q2 21	$9M
Q3 21	$5M
Q4 21	$2M
Q1 22	$6M
Q2 22	$6M
Q2 23	$5M
Q2 24	$5M

Revenue Segments

Quarter	Cinema Exhibition Segment	Real Estate	Cinema	Real Estate Revenue
Q1 16	$61M	$5M	—	—
Q1 18	—	—	$72M	$4M
Q3 19	—	—	$67M	$4M
Q4 19	—	—	$65M	$4M
Q2 20	—	—	$1M	$2M
Q3 20	—	—	$7M	$3M
Q1 21	—	—	$18M	$3M
Q2 21	—	—	$33M	$3M
Q3 21	—	—	$29M	$3M
Q4 21	—	—	$47M	$3M
Q1 22	—	—	$37M	$3M
Q2 22	—	—	$62M	$3M
Q2 24	—	—	$43M	$4M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$72M	$21.0K	$72M
Q2 22	$61M	$22.0K	$61M
Q3 22	$46M	$18.0K	$46M
Q4 22	$35M	$17.0K	$35M
Q1 23	$20M	$15.0K	$20M
Q2 23	$16M	$17.0K	$16M
Q3 23	$12M	$16.0K	$12M
Q4 23	$13M	$17.0K	$13M
Q1 24	$8M	$18.0K	$8M
Q2 24	$9M	$18.0K	$9M
Q3 24	$10M	$18.0K	$10M
Q4 24	$12M	$14.0K	$12M
Q1 25	$6M	$15.0K	$6M
Q2 25	$9M	$13.0K	$9M
Q3 25	$8M	$13.0K	$8M
Q4 25	$11M	$14.0K	$11M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 16	24M	—	—
Q1 17	23M	-0.3%	—
Q2 17	23M	-0.3%	—
Q1 18	23M	-1.1%	—
Q3 19	23M	-1.9%	-3.6%
Q4 19	22M	-2.3%	-5.6%
Q2 20	22M	-1.9%	-7.1%
Q3 20	22M	+0.0%	-6.0%
Q1 21	22M	+1.9%	-2.3%
Q2 21	22M	+1.4%	+1.4%
Q3 21	22M	-3.0%	+0.3%
Q4 21	22M	0.0%	+0.3%
Q1 22	23M	+3.2%	+1.5%
Q2 22	23M	+2.0%	+2.1%
Q2 23	22M	-3.0%	+2.1%
Q2 24	22M	+0.7%	+2.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 16	$25.0K	3K
Q1 17	$24.9K	3K
Q2 17	$25.9K	3K
Q1 18	$29.3K	3K
Q3 19	$23.9K	3K
Q4 19	$23.1K	3K
Q2 20	$1.1K	3K
Q3 20	$3.4K	3K
Q1 21	$14.3K	1K
Q2 21	$24.2K	1K
Q3 21	$21.3K	1K
Q4 21	$24.7K	2K
Q1 22	$19.9K	2K
Q2 22	$31.9K	2K
Q2 23	$32.1K	2K
Q2 24	$23.1K	2K

Revenue / Employee