READING INTERNATIONAL INC
Business
Reading International Inc. operates cinemas across the United States, Australia, and New Zealand under the Reading Cinemas, Consolidated Theatres, and Angelika Film Centers brands. The company generates revenue from box office, food and beverage sales, and ancillary programming. Reading International also owns and leases real estate assets, including commercial properties and live theatres in Manhattan, which operate as separate business segments.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenue | 203 | 211 | 223 | 203 | 139 | |
| Depreciation and amortization | −13 | −16 | −18 | −21 | −23 | |
| General and administrative | −19 | −20 | −20 | −21 | −25 | |
| Total costs and expenses | −208 | −225 | −235 | −232 | −181 | |
| Operating income (loss) | −5 | −14 | −12 | −28 | −42 | |
| Interest expense, net | −18 | −21 | −19 | −14 | −14 | |
| Gain (loss) on noncontrolling interest acquisition | 3 | — | — | — | — | |
| Gain (loss) on sale of assets | 8 | −1 | 562,000 | −54,000 | 92 | |
| Other income (expense) | −2 | 2 | −164,000 | 7 | 4 | |
| Income (loss) before income tax expense and equity earnings of unconsolidated joint ventures | −14 | −35 | −31 | −36 | 41 | |
| Equity earnings of unconsolidated joint ventures | 560,000 | −387,000 | 456,000 | 271,000 | 258,000 | |
| Income (loss) before income taxes | −14 | −35 | −31 | −36 | 41 | |
| Income tax benefit (expense) | −853,000 | −481,000 | −590,000 | −819,000 | −6 | |
| Net income (loss) | −15 | −36 | −31 | −37 | 35 | |
| Less: net income (loss) attributable to noncontrolling interests | −512,000 | −597,000 | −512,000 | −476,000 | 3 | |
| Net income (loss) attributable to Reading International, Inc. | −14 | −35 | −31 | −36 | 32 | |
| Basic earnings (loss) per share | −0.62 | −1.58 | −1.38 | −1.64 | 1.46 | |
| Diluted earnings (loss) per share | −0.62 | −1.58 | −1.38 | −1.64 | 1.42 | |
| Weighted average number of shares outstanding-basic | 23 | 22 | 22 | 22 | 22 | |
| Weighted average number of shares outstanding-diluted | 23 | 22 | 22 | 22 | 22 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 11 | 12 | 13 | 30 | 83 | |
| Restricted cash | 2 | 3 | 3 | 5 | 5 | |
| Receivables | 5 | 5 | 8 | 6 | 5 | |
| Inventories | 2 | 2 | 2 | 2 | 1 | |
| Prepaid and other current assets | 2 | 3 | 3 | 4 | 5 | |
| Asset groups held for sale | 460,000 | 32 | 11 | — | — | |
| Total current assets | 22 | 57 | 39 | 48 | 100 | |
| Operating properties, net | 208 | 215 | 262 | 287 | 307 | |
| Operating lease right-of-use assets | 160 | 161 | 182 | 200 | 227 | |
| Investment in unconsolidated joint ventures | 3 | 3 | 5 | 5 | 5 | |
| Goodwill | 25 | 24 | 26 | 26 | 27 | |
| Intangible assets, net | 2 | 2 | 2 | 2 | 3 | |
| Deferred tax asset, net | 3 | 953,000 | 299,000 | 447,000 | 2 | |
| Other assets | 13 | 9 | 9 | 10 | 6 | |
| Total Assets | 435 | 471 | 533 | 587 | 688 | |
| Accounts payable and accrued liabilities | 53 | 49 | 44 | 43 | 40 | |
| Film rent payable | 7 | 6 | 6 | 6 | 7 | |
| Debt - current portion | 36 | 69 | 34 | 37 | 11 | |
| Derivative financial instruments - current portion | 56,000 | — | — | — | — | |
| Taxes payable | 545,000 | 891,000 | 1 | 300,000 | 11 | |
| Deferred current revenue | 11 | 10 | 11 | 10 | 10 | |
| Operating lease liabilities - current portion | 20 | 21 | 23 | 24 | 24 | |
| Other current liabilities | 774,000 | 7 | 7 | 813,000 | 4 | |
| Total Current Liabilities | 129 | 162 | 127 | 122 | 107 | |
| Debt - long-term portion | 114 | 105 | 147 | 149 | 195 | |
| Derivative financial instruments - non-current portion | — | 137,000 | — | — | — | |
| Subordinated debt - non-current portion | 28 | 27 | 27 | 27 | 27 | |
| Noncurrent tax liabilities | 6 | 6 | 7 | 7 | 7 | |
| Operating lease liabilities - non-current portion | 163 | 162 | 181 | 200 | 223 | |
| Other non-current liabilities | 13 | 14 | 12 | 19 | 23 | |
| Total Liabilities | 453 | 476 | 500 | 524 | 583 | |
| Commitments and Contingencies | — | — | — | — | — | |
| Nonvoting preferred shares, par value $0.01, 12,000 shares authorized and no issued or outstanding shares at December 31, 2025 and 2024 | — | — | — | — | — | |
| Additional paid-in capital | 155 | 158 | 155 | 154 | 152 | |
| Retained earnings (accumulated deficit) | −129 | −115 | −79 | −49 | −13 | |
| Treasury shares, at cost | −40 | −40 | −40 | −40 | −40 | |
| Accumulated other comprehensive income | −5 | −7 | −3 | −2 | 5 | |
| "Total Reading International, Inc. (""RDI"") Stockholders Equity" | −18 | −4 | 33 | 63 | 104 | |
| Noncontrolling interests | 141,000 | −426,000 | −91,000 | 423,000 | 986,000 | |
| Total Stockholders Equity | −18 | −5 | 33 | 63 | 105 | |
| Total Liabilities and Stockholders Equity | 435 | 471 | 533 | 587 | 688 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Distributions of earnings from unconsolidated joint ventures | 726,000 | 912,000 | 465,000 | 278,000 | — | |
| Gain recognized on foreign currency transactions | 2 | −2 | 10,000 | −3 | −2 | |
| Amortization of operating leases | 22 | 16 | 19 | 23 | 23 | |
| Amortization of finance leases | 41,000 | 41,000 | 25,000 | 38,000 | 49,000 | |
| Change in operating lease liabilities | −19 | −16 | −20 | −23 | −22 | |
| Change in net deferred tax assets | −1 | −776,000 | 149,000 | 2 | 967,000 | |
| Depreciation and amortization | 13 | 16 | 18 | 21 | 23 | |
| Other amortization | 1 | 1 | 2 | 2 | 1 | |
| Share-based compensation expense | 2 | 2 | 2 | 2 | 2 | |
| Receivables | −1 | 2 | −1 | 978,000 | −3 | |
| Prepaid and other assets | −4 | −515,000 | 1 | −3 | 2 | |
| Payments for accrued pension | −683,000 | −683,000 | −683,000 | −683,000 | −683,000 | |
| Accounts payable and accrued expenses | 8 | 10 | 1 | 806,000 | 6 | |
| Film rent payable | 981,000 | 12,000 | 359,000 | −1 | 5 | |
| Taxes payable | −388,000 | −390,000 | 1 | −10 | 11 | |
| Deferred revenue and other liabilities | 1 | 2 | −930,000 | −889,000 | −3 | |
| Net cash provided by (used in) operating activities | −2 | −4 | −10 | −26 | −13 | |
| Proceeds from sale of assets | 38 | 10 | 2 | — | 145 | |
| Purchases of and additions to operating and investment properties | −1 | −6 | −4 | −9 | −16 | |
| Contributions to unconsolidated joint ventures | −58,000 | −91,000 | — | −95,000 | — | |
| Net cash provided by (used in) investing activities | 37 | 4 | −3 | −9 | 130 | |
| Repayment of long-term borrowings | −37 | −15 | −10 | −16 | −88 | |
| Repayment of finance lease principal | −43,000 | −40,000 | −28,000 | −40,000 | −49,000 | |
| Proceeds from borrowings | — | 16 | 4 | — | 45 | |
| Capitalized borrowing costs | −872,000 | −616,000 | −869,000 | −371,000 | −2 | |
| Proceeds (payments) from stock option exercises | −185,000 | −7,000 | −244,000 | −83,000 | −148,000 | |
| Noncontrolling interest contributions | — | 271,000 | — | 4,000 | 3,000 | |
| Noncontrolling interest distributions | −56,000 | — | — | −87,000 | −5 | |
| Noncontrolling interest acquisition | 29,000 | — | — | — | — | |
| Net cash provided by (used in) financing activities | −38 | 337,000 | −7 | −17 | −50 | |
| Effect of exchange rate on cash and restricted cash | 134,000 | −824,000 | −437,000 | −1 | −4 | |
| Net increase (decrease) in cash and cash equivalents and restricted cash | −2 | −359,000 | −20 | −54 | 62 | |
| Interest paid | 16 | 19 | 18 | 13 | 12 | |
| Income taxes (refunded) paid | 3 | 2 | −639,000 | 9 | −6 | |
| Lease make-good accrual | 32,000 | 59,000 | 21,000 | −2 | 288,000 | |
| Additions to long-term borrowings | 14 | — | — | — | — | |
| Additions to operating and investing properties through accrued expenses | 417,000 | 257,000 | 4 | 4 | 3 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is READING INTERNATIONAL INC's CIK number?
READING INTERNATIONAL INC's SEC CIK number is 0000716634 (716634). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find READING INTERNATIONAL INC's SEC filings?
All of READING INTERNATIONAL INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did READING INTERNATIONAL INC last report earnings?
READING INTERNATIONAL INC (RDI) most recently filed an earnings 8-K with the SEC on May 15, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000716634-26-000021). This is READING INTERNATIONAL INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is READING INTERNATIONAL INC's most recent earnings 8-K?
READING INTERNATIONAL INC's latest earnings 8-K (Item 2.02) was filed May 15, 2026 under accession 0000716634-26-000021. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View READING INTERNATIONAL INC's latest earnings 8-K →
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