What is the revenue and EPS growth rate for Reading A year over year?

What is Reading A's latest dividend and current dividend yield?

What is the market's earnings forecast for Reading A next quarter?

Did Reading A beat or miss consensus estimates last quarter?

What guidance did Reading A's management provide for the next earnings period?

What were the key takeaways from Reading A's earnings call?

What is Reading A's gross profit margin?

What were the key takeaways from Reading A’s earnings call?

- **Revenue Recovery**: Global revenue up 29% YoY to $60.4M, with cinema revenue at 79% of pre-pandemic levels. Operating income surged 138% to $2.9M.
- **F&B Success**: Record F&B SPP across regions ($8.26 AUD in Australia, $9.13 in US), driven by themed menus and merchandise sales.
- **Debt Reduction**: Repaid $102.5M since 2020, including $1.5M from recent asset sales. Total borrowings down 14% to $173.4M.
- **Film Slate Strength**: Q2 2025 box office exceeded expectations, with June revenue at 99% of pre-pandemic levels. Key titles like Minecraft Movie and Lilo & Stitch performed strongly.
- **Lender Support**: NAB and Bank of America extended debt maturities to 2026-2027, supporting liquidity.


**【Management Opening Remarks】**
- The call began with standard disclaimers regarding forward-looking statements and non-GAAP financial measures (e.g., adjusted EBITDA, TLCF, ATP, F&B SPP). Key metrics included theater-level cash flow (TLCF) and food/beverage spend per patron (F&B SPP). The CFO emphasized the exclusion of non-recurring costs in EBITDA calculations.

**【CEO Summary Section】**
- **Revenue Growth**: Global total revenue rose 29% YoY to $60.4 million, with cinema revenue up 32% to $56.8 million (79% of pre-pandemic levels). Operating income increased 138% to $2.9 million, and EBITDA turned positive at $6.3 million (vs. -$3.6 million in Q2 2024).
- **Strategic Initiatives**: 
  - **F&B Program Success**: Record F&B SPP in all regions (Australia: $8.26, NZ: NZD 7.14, US: $9.13), driven by online sales, themed menus, and merchandise (e.g., $0.5M in US movie-themed merchandise).
  - **Membership Programs**: Over 336,000 Reading Rewards members in Australia/NZ and 165,000 Angelika members in the US. Paid memberships launched in Australia/NZ (15,000+ sign-ups) and planned for the US.
  - **Cost Management**: Closure of underperforming theaters (e.g., San Diego Reading Cinemas) and renegotiated leases to reflect economic realities.
- **Film Slate Performance**: Strong box office from titles like Minecraft Movie, Lilo & Stitch, and How to Train Your Dragon. Q2 2025 box office exceeded expectations, with June 2025 revenue at 99% of pre-pandemic levels.
- **Real Estate Sales**: $32M sale of Cannon Park assets used to reduce debt by $1.5M. Total debt repayment since June 2020: $102.5M.
- **Currency Impact**: 50% of revenue generated in Australia/New Zealand, with weaker AUD/NZD exchange rates reducing reported results.

**【CFO Financial Commentary】**
- **Net Loss**: $2.7M (vs. -$12.8M in Q2 2024), driven by improved cinema and real estate performance, $1M interest expense reduction, and $1.8M gain on asset sales.
- **Adjusted EBITDA**: $6.3M (vs. -$3.6M in Q2 2024), reflecting operational efficiency and asset monetization.
- **Cash Flow**: Operating cash outflow decreased by $7M to $6.2M. Investing cash inflow increased by $30.4M to $37.8M (from asset sales). Financing cash outflow rose by $36M to $44.9M (debt repayments).
- **Debt Reduction**: Total borrowings decreased by $29.3M to $173.4M. Key lender extensions include NAB (Australia) and Bank of America (US), with maturity dates extended to 2026-2027.

**【Q&A Highlights】**
- **Asset Sales and Lender Appetite**: NAB expressed interest in longer-term facilities due to improved cash flow. The Courtenay Central cinema in NZ is expected to reopen in late 2026/early 2027 after seismic upgrades, with Reading planning multi-million dollar renovations.
- **Investor Engagement**: Management is evaluating future investor relations activities, including virtual roadshows and conferences, to highlight recovery progress.


Reading International, Inc. (RDI) Q2 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

RDI

RDI fundamentals

You can ask Aime