earnings
confidence high
sentiment negative
materiality 0.75
Reading International Q4 2025 revenue down 14% to $50.3M; net loss $2.6M; full year adjusted EBITDA improves to $17.8M
READING INTERNATIONAL INC
- Q4 total revenue $50.3M (down 14% YoY); operating loss $1.0M vs income $1.5M; net loss $2.6M ($0.11 loss per share).
- Full year 2025 total revenue $203M (down 4% YoY); net loss improved to $14.1M ($0.62/share) from $35.3M ($1.58/share) in 2024.
- Full year adjusted EBITDA $17.8M (incl. $8.4M gain on asset sale), up from $2.1M in 2024; cinema operating income up 230%.
- Sold Wellington, NZ property for $21.5M and Cannon Park, AU for $20.7M; used proceeds to pay down $32.1M of bank debt.
- Extended several loan maturities; acquired remaining 25% of Cinemas 123 and legal interest in Village East by Angelika.