A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
READING INTERNATIONAL INC
RDI
$33M
Mkt Cap
$1.45
+1.40%
READING INTERNATIONAL INC (RDI) has a 5-year average return on invested capital (ROIC) of -7.6%. This is below average and may indicate limited pricing power.
READING INTERNATIONAL INC (RDI) has a market capitalization of $33M. It is classified as a small-cap stock.
READING INTERNATIONAL INC (RDI) does not currently pay a regular dividend.
READING INTERNATIONAL INC (RDI) operates in the Services-Motion Picture Theaters industry, within the Communication Services sector.
READING INTERNATIONAL INC (RDI) reported annual revenue of $203 million in its most recent fiscal year, based on SEC EDGAR filings.
READING INTERNATIONAL INC (RDI) has a net profit margin of -7.0%. The company is currently unprofitable.
READING INTERNATIONAL INC (RDI) generated $-3 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Where have we been, and where we are going. We have discussed in some detail under the heading “Business Description” in Part I of this Report our views as to the historic impact of the COVID-19 pandemic, the 2023 Hollywood strikes, spiking interest rates and certain labor laws on our business and, while not repeating that disclosure here, we incorporate that more detailed discussion by reference to provide context and background. Our discussion below is intended to be more summary in nature. Impact of the COVID-19 Pandemic Since the onset of the COVID-19 pandemic, our business has faced significant challenges. However, the performance of certain 2024 blockbuster movie releases, including Inside Out 2, Deadpool & Wolverine, Wicked, Moana 2, Despicable Me 4, and Beetlejuice Beetlejuice, have reaffirmed the interest of audiences in the theatrical experience.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 203M | 203M | 211M | 223M | 203M | 139M |
| Net Income | -14M | -14M | -35M | -31M | -36M | 32M |
| EPS | $-0.62 | $-0.62 | $-1.58 | $-1.38 | $-1.64 | $1.42 |
| Free Cash Flow | -2.9M | -2.9M | -9.4M | -14M | -36M | -29M |
| ROIC | -1.1% | -7.7% | -16.0% | -11.8% | -11.7% | 9.1% |
| Gross Margin | 22.2% | 22.2% | 20.5% | 20.6% | 13.9% | 14.2% |
| Debt/Equity | 0.00 | -22.16 | -104.12 | 15.10 | 7.75 | 4.65 |
| Dividends/Share | $0.00 | $0.00 | - | - | - | - |
| Operating Income | -5.3M | -5.3M | -14M | -12M | -28M | -42M |
| Operating Margin | -2.6% | -2.6% | -6.7% | -5.4% | -14.0% | -30.1% |
| ROE | 0.0% | 125.1% | -245.8% | -63.9% | -43.4% | 35.1% |
| Shares Outstanding | 23M | 23M | 22M | 22M | 22M | 22M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 255M | 258M | 271M | 280M | 309M | 277M | 78M | 139M | 203M | 223M | 211M | 203M | 203M |
| Gross Margin | 22.3% | 19.5% | 20.6% | 19.7% | 20.8% | 23.6% | N/A | 14.2% | 13.9% | 20.6% | 20.5% | 22.2% | 22.2% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 19M | 19M | 27M | 25M | 27M | 25M | 17M | 25M | 21M | 20M | 20M | 19M | 19M |
| EBIT | 23M | 24M | 21M | 20M | 24M | 9.1M | -61M | -42M | -28M | -12M | -14M | -5.3M | -5.3M |
| Op. Margin | 8.9% | 9.2% | 7.6% | 7.3% | 7.6% | 3.3% | -78.7% | -30.1% | -14.0% | -5.4% | -6.7% | -2.6% | -2.6% |
| Net Income | 25M | 23M | 9.7M | 31M | 14M | -26M | -65M | 32M | -36M | -31M | -35M | -14M | -14M |
| Net Margin | 9.9% | 9.0% | 3.6% | 11.0% | 4.5% | -9.5% | -83.7% | 23.0% | -17.8% | -13.8% | -16.8% | -7.0% | -7.0% |
| Non-Recurring | 25K | 11M | 393K | 9.4M | -41K | -2K | -1K | 92M | -54K | 562K | -1.4M | 8.4M | 8.4M |
| Returns on Capital | |||||||||||||
| ROIC | 10.4% | 10.1% | 5.4% | 6.4% | 5.8% | 1.2% | -18.4% | 9.1% | -11.7% | -11.8% | -16.0% | -7.7% | -1.1% |
| ROE | 20.7% | 17.6% | 7.0% | 19.3% | 8.0% | -17.0% | -61.2% | 35.1% | -43.4% | -63.9% | -245.8% | 125.1% | 0.0% |
| ROA | 6.4% | 6.0% | 2.5% | 7.4% | 3.3% | -4.7% | -9.6% | 4.6% | -5.7% | -5.5% | -7.0% | -3.1% | -3.3% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 28M | 29M | 30M | 24M | 33M | 25M | -30M | -13M | -26M | -9.7M | -3.8M | -1.6M | -1.6M |
| Free Cash Flow | 13M | -25M | -19M | -42M | -31M | -21M | -49M | -29M | -36M | -14M | -9.4M | -2.9M | -2.9M |
| Owner Earnings | 11M | 13M | 14M | 5.9M | 8.9M | 397K | -54M | -38M | -49M | -30M | -22M | -17M | -17M |
| CapEx | 15M | 53M | 49M | 66M | 64M | 46M | 19M | 16M | 9.4M | 4.5M | 5.5M | 1.3M | 1.3M |
| Maint. CapEx | 15M | 15M | 16M | 17M | 22M | 23M | 22M | 23M | 21M | 18M | 16M | 13M | 13M |
| Growth CapEx | 0 | 39M | 33M | 49M | 41M | 23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 15M | 15M | 16M | 17M | 22M | 23M | 22M | 23M | 21M | 18M | 16M | 13M | 13M |
| CapEx/OCF | 52.6% | 185.9% | 162.9% | 276.3% | 194.6% | 185.8% | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 4.1M | 3.3M | 2.9M | 6.5M | 2.3M | 11M | 670K | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 1.3% | 1.0% | 0.7% | 1.8% | 0.7% | 4.6% | 0.6% | N/A | N/A | N/A | N/A | 0.0% | 0.0% |
| Stock-Based Comp | 1.4M | 1.5M | 609K | 1.0M | 1.5M | 1.5M | 1.4M | 2.2M | 1.9M | 1.9M | 2.4M | 1.9M | 1.9M |
| Debt Repayment | 7.1M | 35M | 64M | 106M | 54M | 52M | 30M | 88M | 16M | 9.7M | 15M | 37M | 37M |
| Balance Sheet | |||||||||||||
| Net Debt | 152M | 126M | 130M | 129M | 183M | 441M | 494M | 401M | 457M | 487M | 442M | 394M | 394M |
| Cash & Equiv. | 50M | 20M | 19M | 14M | 14M | 12M | 27M | 83M | 30M | 13M | 12M | 11M | 11M |
| Long-Term Debt | 164M | 131M | 149M | 135M | 167M | 209M | 285M | 237M | 216M | 210M | 203M | 185M | 185M |
| Debt/Equity | 1.58 | 1.08 | 1.05 | 0.80 | 1.12 | 3.35 | 6.69 | 4.65 | 7.75 | 15.10 | -104.12 | -22.16 | 0.00 |
| Interest Coverage | 2.3 | 3.2 | 3.1 | 3.3 | 3.5 | 1.2 | -6.6 | -3.1 | -2.0 | -0.6 | -0.7 | -0.3 | -0.3 |
| Equity | 128M | 135M | 142M | 177M | 176M | 135M | 78M | 104M | 63M | 33M | -4.4M | -18M | -18M |
| Total Assets | 402M | 372M | 406M | 423M | 439M | 675M | 690M | 688M | 587M | 533M | 471M | 435M | 435M |
| Total Liabilities | 269M | 233M | 259M | 242M | 259M | 535M | 609M | 583M | 524M | 500M | 476M | 453M | 453M |
| Intangibles | 11M | 9.9M | 10M | 8.5M | 7.4M | 4.3M | 4.0M | 3.3M | 2.4M | 2.0M | 1.8M | 1.6M | 1.6M |
| Retained Earnings | -32M | -7.7M | 1.7M | 33M | 47M | 21M | -45M | -13M | -49M | -79M | -115M | -129M | -129M |
| Working Capital | -15M | -36M | 6.7M | -47M | -56M | -84M | -64M | -6.7M | -74M | -88M | -105M | -107M | -107M |
| Current Assets | 78M | 37M | 73M | 33M | 30M | 27M | 56M | 100M | 48M | 39M | 57M | 22M | 22M |
| Current Liabilities | 93M | 73M | 66M | 80M | 86M | 111M | 121M | 107M | 122M | 127M | 162M | 129M | 129M |
| Per Share Data | |||||||||||||
| EPS | 1.07 | 0.98 | 0.41 | 1.33 | 0.60 | -1.17 | -3.00 | 1.42 | -1.64 | -1.38 | -1.58 | -0.62 | -0.62 |
| Owner EPS | 0.48 | 0.53 | 0.59 | 0.25 | 0.38 | 0.02 | -2.48 | -1.71 | -2.23 | -1.35 | -0.98 | -0.73 | -0.73 |
| Book Value | 5.39 | 5.71 | 6.02 | 7.64 | 7.51 | 5.99 | 3.58 | 4.63 | 2.85 | 1.49 | -0.20 | -0.80 | -0.80 |
| Cash Flow/Share | 1.20 | 1.21 | 1.28 | 1.03 | 1.40 | 1.09 | -1.39 | -0.60 | -1.19 | -0.44 | -0.17 | -0.07 | -0.04 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 | 0.00 |
| Shares Out. | 23.7M | 23.6M | 23.6M | 23.2M | 23.4M | 22.6M | 21.7M | 22.5M | 22.1M | 22.2M | 22.3M | 22.8M | 22.8M |
| Valuation | |||||||||||||
| P/E Ratio | 12.0 | 13.7 | 41.9 | 11.8 | 24.3 | N/A | N/A | 2.9 | N/A | N/A | N/A | N/A | -2.3 |
| P/FCF | 22.9 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | 12.9 | 13.7 | 19.8 | 18.5 | 15.0 | 28.6 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | 2.4 | 2.4 | 2.8 | 2.1 | 1.9 | 1.8 | 1.4 | 0.9 | 0.9 | 1.3 | N/A | N/A | N/A |
| Price/Sales | 0.8 | 1.2 | 1.1 | 1.3 | 1.2 | 1.1 | 1.4 | 0.9 | 0.4 | 0.3 | 0.2 | N/A | 0.2 |
| FCF Yield | 4.4% | -7.8% | -4.8% | -11.4% | -9.1% | -8.6% | -44.6% | -31.8% | -60.7% | -34.2% | -33.6% | N/A | -8.8% |
| Market Cap | 309M | 316M | 394M | 368M | 341M | 244M | 109M | 91M | 59M | 42M | 28M | 0 | 33M |
| Avg. Price | 8.61 | 13.44 | 12.88 | 15.83 | 15.87 | 13.51 | 4.98 | 5.73 | 3.86 | 2.69 | 1.64 | 0.00 | 1.45 |
| Year-End Price | 12.97 | 13.42 | 16.75 | 15.87 | 14.56 | 10.80 | 5.03 | 4.06 | 2.67 | 1.87 | 1.25 | 0.00 | 1.45 |
READING INTERNATIONAL INC passes 1 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 18.3%. At current prices, the estimated annualized return to fair value is +0.3%.
READING INTERNATIONAL INC (RDI) reported earnings per share (EPS) of $-0.62 in its most recent fiscal year.
READING INTERNATIONAL INC (RDI) has a return on equity (ROE) of 125.1%. This indicates the company generates strong returns for shareholders.
READING INTERNATIONAL INC (RDI) has a 5-year average gross margin of 18.3%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 17 years of financial data for READING INTERNATIONAL INC (RDI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
READING INTERNATIONAL INC (RDI) has a book value per share of $-0.80, based on its most recent annual SEC filing.