Reading International Q4 net loss $13.2M ($0.60 LPS); full year revenue up 46% to $203.1M

READING INTERNATIONAL INC

2023-Q1 EPS reported -$0.50 revenue$45,807,000

Q4 2022: revenue $47.2M (-5.4% YoY), operating loss $8.4M, net loss $13.2M ($0.60 LPS).
Full year 2022: revenue $203.1M (+46% YoY), operating loss $28.5M (improved 32%), net loss $36.2M ($1.64 LPS).
Cinema revenue $191.3M (+51% YoY); operating loss $11.7M (improved 37%). All cinemas open except Courtenay Central.
Real estate Q4 revenue $4.6M (+62% YoY), operating income $630K vs loss $1.4M. Full year revenue $16.8M (+32%), operating income $506K vs loss $5.4M.
Cash $29.9M; total borrowings $215.6M; extended Cinemas 123 loan to July 2023, BofA loan to Sep 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

READING INTERNATIONAL INC reported financial results for year and quarter ended December 31, 2022.

Period: year and quarter ended December 31, 2022
Result: reported results

Exact text from the filing

On April 3, 2023, Reading International, Inc. issued a press release announcing information regarding its results of operations and financial condition for the year and quarter ended December 31, 2022, a copy of which is attached as Exhibit 99.1.

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Source: SEC EDGAR

accession 0000716634-23-000007

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