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Financial statements

READING INTERNATIONAL INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data READING INTERNATIONAL INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue27128030927777.9139203223211203
Cost of revenue215224245
Gross profit55.955.164.2
General and administrative26.925.327.325.41725.121.420.220.219.3
Operating income20.720.423.69.12-61.3-41.8-28.5-12-14-5.31
Interest expense6.786.196.847.99.3513.714.419.421.217.9
Interest income0.09
Other non-operating income-0.060.59-0.260.330.293.766.82-0.161.53-2.18
Pre-tax income13.834.217.52.33-70.840.8-35.8-30.6-35.4-13.8
Income tax4.143.293.328.8-4.975.940.820.590.480.85
Net income to minority interests0.010.010.13-0.07-0.662.89-0.48-0.51-0.6-0.51
Net income9.6830.914-26.4-65.231.9-36.2-30.7-35.3-14.1
EBITDA36.437.345.931.9-39-19-7.576.391.757.89
EPS, basic0.421.340.61-1.17-3.001.46-1.64-1.38-1.58-0.62
EPS, diluted0.411.330.60-1.17-3.001.42-1.64-1.38-1.58-0.62
Shares, basic (weighted)23.3232322.621.721.82222.222.422.7
Shares, diluted (weighted)23.523.223.222.822.222.42222.222.422.7

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents1913.714.512.126.883.329.912.912.310.5
Short-term investments0.050.050.040.050.030.020.020.020.010.01
Receivables8.7713.18.057.092.445.366.217.565.284.55
Inventory1.391.431.421.671.061.411.621.651.691.66
Other current assets5.795.337.676.118.414.873.82.882.672.28
Total current assets72.633.530.32756.510047.538.75721.8
Property, plant and equipment212265258258353307287262215208
Lease right-of-use assets230221227200182161160
Goodwill19.820.319.426.428.126.825.525.523.724.6
Intangible assets108.547.374.323.973.262.392.041.81.58
Other non-current assets13.95.086.136.678.036.4610.38.978.813.4
Total assets406423439675690688587533471435
Accounts payable26.534.426.929.438.939.742.643.848.752.8
Deferred revenue10.89.859.2611.310.11010.3119.7311.3
Short-term debt47.285.569.236
Total current liabilities6680.486.3111121107122127162129
Long-term debt11694.9106141214195149147105114
Lease liabilities223213223200181162163
Other non-current liabilities30.226.628.918.92222.919.311.713.713.1
Total liabilities259242259535609583524500476453
Total debt149135167209285237216210203185
Paid-in capital145146147149150152154155158155
Retained earnings1.6833.14720.6-44.6-12.6-48.8-79.5-115-129
Treasury stock-16.4-22.9-25.2-39.7-40.4-40.4-40.4-40.4-40.4-40.4
Other comprehensive income12.1216.125.5912.54.88-1.96-2.67-7.17-4.61
Shareholders' equity14217717613577.810462.933.1-4.36-18.2
Minority interests4.424.334.344.273.40.990.42-0.09-0.430.14
Total equity14718118014081.210563.333-4.79-18.1
Total liabilities and equity406423439675690688587533471435

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income9.6930.914.2-26.5-65.934.8-36.7-31.2-35.9-14.7
Depreciation and amortization15.716.922.322.722.322.720.918.415.813.2
Stock-based compensation0.6111.461.461.422.151.891.862.361.91
Deferred income tax-4.23.29-3.5422.6-3.510.881.380.41-1-1.58
Change in receivables1.3-3.092.870.74.81-2.820.98-1.332.1-1.17
Change in payables2.84-3.422.560.519.336.310.811.079.797.67
Cash from operations30.223.932.624.6-30.2-13.5-26.4-9.74-3.83-1.58
Capital expenditures-49.2-65.9-63.5-45.7-18.5-15.6-9.39-4.47-5.54-1.33
Acquisitions-7.88
Cash from investing-42.9-6.79-64.9-53.3-18.8130-9.49-2.73.9637.1
Debt issued81.69190.990.590.345.34.1416
Debt repaid-63.7-106-54.4-52.4-29.9-88.4-16-9.67-15.3-36.8
Stock issued0.150.050.34
Share buybacks-2.85-6.53-2.32-11.2-0.67
Cash from financing11.2-22.133.22659.3-50.3-16.6-6.670.34-37.9
Exchange rate effect0.74-0.36-1.540.324.33-4.1-1.2-0.44-0.820.13
Net change in cash-0.69-5.35-0.54-2.3314.761.7-53.6-19.5-0.36-2.22
Free cash flow-19-42.1-30.9-21.1-48.7-29.1-35.7-14.2-9.37-2.91
Interest paid5.954.888.0410.710.212.413.118.519.515.9
Income taxes paid6.619.258.947.04-2.33-6.489.39-0.641.92.55

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $16.37 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin1.2%Operating income / revenue.
EBITDA margin7.2%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-5.3%Pre-tax income / revenue.
Net margin-5.9%Net income / revenue.
FCF margin1.5%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin2.5%Cash from operations / revenue.
Return on assets (ROA)-2.9%Net income / average total assets.
Stock-based pay / revenue0.7%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue1.0%Capital expenditures / revenue.
D&A / revenue6.0%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-3.6%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-0.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y21.1%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y351.9%EBITDA vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-7.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-9.5%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-8.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y1.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y0.9%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y0.4%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.23xCurrent assets / current liabilities.
Quick ratio0.06x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Liabilities / assets105.4%Total liabilities / total assets.
Interest coverage0.15xOperating income / interest expense.
Working capital-$157.4MCurrent assets - current liabilities.
Goodwill and intangibles / assets6.1%(Goodwill + intangible assets) / total assets.
Tangible book value-$49.7MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.50xRevenue / average total assets.
Fixed asset turnover1.18xRevenue / average property, plant and equipment.
Receivables turnover38.1xRevenue / average receivables.
Days sales outstanding10 days365 x average receivables / revenue.
Capex / operating cash flow39.7%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.53Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$8.99Revenue / diluted weighted shares.
FCF per share$0.13Free cash flow / diluted weighted shares.
Operating cash flow per share$0.22Cash from operations / diluted weighted shares.
Book value per share-$0.98Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$2.09Tangible book value / shares outstanding.
Cash per share$0.24(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$374.7MShare price x shares outstanding.
Enterprise value$369.0MMarket cap + total debt - cash - short-term investments.
P/S1.75xMarket cap / revenue.
P/FCF118xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF71.3xMarket cap / cash from operations, when positive.
EV/Sales1.72xEnterprise value / revenue.
EV/EBIT145xEnterprise value / operating income, when both are positive.
EV/EBITDA24.0xEnterprise value / EBITDA, when both are positive.
EV/FCF117xEnterprise value / free cash flow, when both are positive.
FCF yield0.8%Free cash flow / market cap.
Earnings yield-3.4%Net income / market cap (the inverse of P/E).
What was READING INTERNATIONAL INC's revenue in fiscal 2025?

READING INTERNATIONAL INC reported revenue of $203.0M for fiscal 2025, 3.6% lower than the year before.

Was READING INTERNATIONAL INC profitable in fiscal 2025?

No. It reported a net loss of $14.1M.

How much free cash flow did READING INTERNATIONAL INC generate in fiscal 2025?

Cash from operations of $1.6M minus capital expenditures of $1.3M left free cash flow of -$2.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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