secwatch.observer — SEC 8-K summary
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Issuer:     READING INTERNATIONAL INC (RDI)
CIK:        0000716634
Form:       8-K
Filed at:   2025-04-03T23:59:59+00:00
Accession:  0000716634-25-000012
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reading Q4 revenue up 29% to $58.6M; FY 2024 revenue down 5.5% to $210.5M; corrects EBITDA
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- Q4 2024 revenue $58.6M (+29.3%), operating income $1.5M vs. loss $7.0M; net loss $2.2M vs. $12.4M.
- Full year 2024 revenue $210.5M (-5.5%), net loss $35.3M (from $30.7M), EPS loss $1.58 (from $1.38).
- Adjusted EBITDA corrected: Q4 $6.8M vs. $2.2M loss; FY $2.1M vs. $7.8M; prior release had $3.4M Q4 EBITDA.
- Cinema Q4 revenue $54.6M (+30%); Real Estate Q4 revenue $5.2M (+14%) to $1.4M operating income.
- Sold Wellington assets NZ$38M (Jan 2025); Cannon Park option AU$32M with leaseback; repaid Westpac NZ$18.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716634/000071663425000012/0000716634-25-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716634/000071663425000012/rdi-20250331x8k.htm
  HTML page:      https://secwatch.observer/filing/0000716634-25-000012

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