secwatch.observer — SEC 8-K summary
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Issuer:     READING INTERNATIONAL INC (RDI)
CIK:        0000716634
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0000716634-23-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716634/000071663423000007/0000716634-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716634/000071663423000007/rdi-20230403x8k.htm
  HTML page:      https://secwatch.observer/filing/0000716634-23-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer