Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Independent Director Judy Codding was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 15
Reading International, Inc. to Report Q1, 2026 Results on May 19, 2026 Reading International, Inc. announced that they will report Q1, 2026 results at 12:30 PM, US Eastern Standard Time on May 19, 2026 Annuncio • Oct 07
Reading International, Inc., Annual General Meeting, Dec 04, 2025 Reading International, Inc., Annual General Meeting, Dec 04, 2025. Annuncio • May 02
Reading International, Inc. announced delayed amended 10-K filing On 05/01/2025, Reading International, Inc. announced that they will be unable to file their amended 10-K by the deadline required by the SEC. Reported Earnings • Nov 17
Third quarter 2024 earnings released: US$0.31 loss per share (vs US$0.20 loss in 3Q 2023) Third quarter 2024 results: US$0.31 loss per share (further deteriorated from US$0.20 loss in 3Q 2023). Revenue: US$60.1m (down 9.7% from 3Q 2023). Net loss: US$6.92m (loss widened 57% from 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance. Annuncio • Oct 16
Reading International, Inc., Annual General Meeting, Dec 05, 2024 Reading International, Inc., Annual General Meeting, Dec 05, 2024. Reported Earnings • Aug 15
Second quarter 2024 earnings released: US$0.42 loss per share (vs US$0.13 loss in 2Q 2023) Second quarter 2024 results: US$0.42 loss per share (further deteriorated from US$0.13 loss in 2Q 2023). Revenue: US$46.8m (down 28% from 2Q 2023). Net loss: US$9.34m (loss widened 236% from 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jun 26
Lead Independent Director recently sold €60k worth of stock On the 18th of June, Douglas McEachern sold around 50k shares on-market at roughly €1.20 per share. This transaction amounted to 65% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €80k more than they bought in the last 12 months. New Risk • May 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.8m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$7.7m net loss in 2 years). Market cap is less than US$100m (€54.1m market cap, or US$58.7m). Reported Earnings • May 16
First quarter 2024 earnings released: US$0.59 loss per share (vs US$0.50 loss in 1Q 2023) First quarter 2024 results: US$0.59 loss per share (further deteriorated from US$0.50 loss in 1Q 2023). Revenue: US$45.1m (down 1.6% from 1Q 2023). Net loss: US$13.2m (loss widened 19% from 1Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 30
Full year 2023 earnings released: US$1.38 loss per share (vs US$1.64 loss in FY 2022) Full year 2023 results: US$1.38 loss per share (improved from US$1.64 loss in FY 2022). Revenue: US$222.7m (up 9.7% from FY 2022). Net loss: US$30.7m (loss narrowed 15% from FY 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. New Risk • Feb 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (€62.2m market cap, or US$67.0m). Board Change • Feb 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Independent Director Judy Codding was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 17
Reading International, Inc. announced delayed 10-Q filing On 11/15/2023, Reading International, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • Nov 16
Third quarter 2023 earnings released: US$0.20 loss per share (vs US$0.23 loss in 3Q 2022) Third quarter 2023 results: US$0.20 loss per share (improved from US$0.23 loss in 3Q 2022). Revenue: US$66.6m (up 30% from 3Q 2022). Net loss: US$4.40m (loss narrowed 15% from 3Q 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Annuncio • Sep 27
Reading International, Inc., Annual General Meeting, Dec 07, 2023 Reading International, Inc., Annual General Meeting, Dec 07, 2023, at 14:00 US Eastern Standard Time. Reported Earnings • Aug 15
Second quarter 2023 earnings released: US$0.13 loss per share (vs US$0.11 loss in 2Q 2022) Second quarter 2023 results: US$0.13 loss per share (further deteriorated from US$0.11 loss in 2Q 2022). Revenue: US$65.1m (flat on 2Q 2022). Net loss: US$2.78m (loss widened 14% from 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (€91.5m market cap, or US$98.7m). Reported Earnings • May 17
First quarter 2023 earnings released: US$0.25 loss per share (vs US$0.70 loss in 1Q 2022) First quarter 2023 results: US$0.25 loss per share (improved from US$0.70 loss in 1Q 2022). Revenue: US$45.8m (up 14% from 1Q 2022). Net loss: US$11.1m (loss narrowed 28% from 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Judy Codding was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: US$0.23 loss per share (vs US$0.46 loss in 3Q 2021) Third quarter 2022 results: US$0.23 loss per share (improved from US$0.46 loss in 3Q 2021). Revenue: US$51.2m (up 61% from 3Q 2021). Net loss: US$5.18m (loss narrowed 49% from 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in Germany. Annuncio • Oct 07
Reading International, Inc., Annual General Meeting, Dec 15, 2022 Reading International, Inc., Annual General Meeting, Dec 15, 2022, at 14:00 US Eastern Standard Time. Reported Earnings • Aug 10
Second quarter 2022 earnings released: US$0.11 loss per share (vs US$1.04 profit in 2Q 2021) Second quarter 2022 results: US$0.11 loss per share (down from US$1.04 profit in 2Q 2021). Revenue: US$64.5m (up 79% from 2Q 2021). Net loss: US$2.44m (down 111% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 35%, compared to a 130% growth forecast for the industry in Germany. Reported Earnings • May 11
First quarter 2022 earnings released: US$0.70 loss per share (vs US$0.87 profit in 1Q 2021) First quarter 2022 results: US$0.70 loss per share (down from US$0.87 profit in 1Q 2021). Revenue: US$40.2m (up 89% from 1Q 2021). Net loss: US$15.4m (down 181% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 54%, compared to a 180% growth forecast for the industry in Germany. Board Change • Apr 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Judy Codding was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$1.46 (up from US$3.00 loss in FY 2020). Revenue: US$139.1m (up 79% from FY 2020). Net income: US$31.9m (up US$97.1m from FY 2020). Profit margin: 23% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 75%, compared to a 335% growth forecast for the industry in Germany. Board Change • Dec 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Judy Codding was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €3.48, the stock trades at a forward P/E ratio of 65x. Average forward P/E is 25x in the Entertainment industry in Europe. Total returns to shareholders of 20% over the past year. Reported Earnings • Nov 10
Third quarter 2021 earnings released: US$0.46 loss per share (vs US$0.88 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$31.8m (up 212% from 3Q 2020). Net loss: US$10.1m (loss narrowed 48% from 3Q 2020). Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improved over the past week After last week's 15% share price gain to €4.26, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 25x in the Entertainment industry in Europe. Total returns to shareholders of 59% over the past year. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS US$1.04 (vs US$1.04 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$36.0m (up US$32.6m from 2Q 2020). Net income: US$22.7m (up US$45.4m from 2Q 2020). Profit margin: 63% (up from net loss in 2Q 2020). Annuncio • May 12
Reading International, Inc. announced delayed 10-Q filing On 05/11/2021, Reading International, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • Mar 18
Reading International, Inc. announced delayed annual 10-K filing On 03/17/2021, Reading International, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Is New 90 Day High Low • Mar 13
New 90-day high: €6.18 The company is up 82% from its price of €3.40 on 11 December 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 16% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: €5.41 The company is up 139% from its price of €2.26 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 24% over the same period. Annuncio • Dec 30
Reading International, Inc. Announces the Launch of Angelika Anywhere Reading International, Inc. announced the launch of Angelika Anywhere, a streaming platform curated for film lovers, as inspired by its Angelika Film Center in New York City, North America’s most recognized dedicated arthouse. Angelika Anywhere expands the cinema experience beyond the four walls of the theater, bringing the Angelika Film Center’s curated programming to cinephiles across the United States. The platform’s programming team has hand-picked an array of celebrated arthouse, international and independent films, and ensured that all films on the platform have earned the Angelika’s stamp of approval. Angelika Anywhere features Curated Collections starting with The Angelika Vault, which features a selection of films that have played at the Angelika in New York over the last 30 years, including audience favorites, milestone films and programmers’ picks. Is New 90 Day High Low • Dec 29
New 90-day high: €4.00 The company is up 49% from its price of €2.68 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Annuncio • Dec 13
Reading International, Inc. Executive Changes On December 8, 2020, at its annual organizational meeting following Reading International, Inc.’s Annual Meeting of Stockholders, the Board made the following changes: Margaret Cotter will be the new Chairperson of the Board, Edward L. Kane will serve as the new Vice Chairman and Michael Wrotniak will serve as the Company’s new Lead Independent Director. Ellen M. Cotter remains the Company’s Chief Executive Officer and President, and a Director. Margaret Cotter will remain in her position as Executive Vice President - Real Estate Management and Development-NYC. All Director Committee positions remain the same. Is New 90 Day High Low • Dec 11
New 90-day high: €3.37 The company is up 3.0% from its price of €3.26 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Annuncio • Oct 10
Angelika Film Center & Cafe Launches Private Screening Experience Reading International, Inc. launched exclusive friends and family private cinema experiences at four select Angelika Film Centers located in Texas, Virginia, and California, providing an additional way to enjoy arthouse cinema gems on the big screen in an appropriately social distanced manner. With new safety and cleaning protocols already in place, the private screening experiences are limited to groups of up to 10 people and are now available at Angelika Dallas and Plano (Texas), Angelika Mosaic (Fairfax, Va.), and Angelika Carmel Mountain (San Diego). These turnkey events are easy to reserve and provide a great way to get out of the house, relax and enjoy exclusive films in a first-class, private cinema setting with friends and family. The screenings are provided on a closed-auditorium basis, only the event organizer and their special guests will be permitted to attend. Annuncio • Oct 06
Iconic Tammany Hall Is Reborn for the 21St Century Reading International, Inc. announced the unveiling of the newly redeveloped Tammany Hall as 44 Union Square in New York City. The completely upgraded landmarks-approved property is now a Class A commercial building with a restored historic street facade and a three-story glass and steel dome addition, offering up to 73,095 square feet that could be used as all office space or divided between office and retail. NKF’s President of New York
Tri-State David Falk, Vice Chairman Peter Shimkin and Director Jonathan Franzel are overseeing the office leasing while Vice Chairman Jeffrey Roseman is managing the retail leasing on behalf of ownership. Annuncio • Sep 21
Reading International, Inc.(NasdaqCM:RDI) dropped from S&P Global BMI Index Reading International, Inc.(NasdaqCM:RDI) dropped from S&P Global BMI Index Annuncio • Sep 05
The Angelika Film Center Owned and Operated by an Affiliate of Reading International, Inc. at Carmel Mountain Plaza Reopens The Angelika Film Center & Cafe at Carmel Mountain Plaza, owned and operated by an affiliate of Reading International, Inc. welcomes back their loyal guests with extensive sanitization and safety measures in place. In an environment carefully designed to address COVID-19 concerns, and to comply with the various governmental guidelines applicable to the control of this novel virus, guests can return to share the magic of movies again on the big screen. Annuncio • Aug 09
Reading International, Inc. to Report Q2, 2020 Results on Aug 10, 2020 Reading International, Inc. announced that they will report Q2, 2020 results at 9:00 AM, Eastern Standard Time on Aug 10, 2020 Annuncio • Jul 06
Reading International, Inc.(NasdaqCM:RDI) dropped from Russell 2000 Index Reading International, Inc.(NasdaqCM:RDI) dropped from Russell 2000 Index Annuncio • Jul 04
Reading International, Inc.(NasdaqCM:RDI) dropped from Russell 2000 Value-Defensive Index Reading International, Inc.(NasdaqCM:RDI) dropped from Russell 2000 Value-Defensive Index Annuncio • Jul 02
Reading International, Inc.(NasdaqCM:RDI) dropped from Russell 3000 Index Reading International, Inc.(NasdaqCM:RDI) dropped from Russell 3000 Index