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Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas. This segment operates its cinema exhibition businesses under the Reading Cinemas, Consolidated Theatres, Angelika Film Center, State Cinema by Angelika, Angelika Anywhere, Event Cinemas, and Rialto Cinemas brands. The Real Estate segment develops, rents, or licenses retail, commercial, and live theater assets. Reading International, Inc. was incorporated in 1999 and is headquartered in New York, New York.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -35.84M | 40.76M | -70.82M | 2.33M | 16.94M |
| Minority interest | 0.48M | 2.89M | 3.40M | -0.07M | 0.13M |
| Net income | -36.66M | 31.92M | -65.86M | -26.50M | 14.37M |
| Selling general administrative | 21.42M | 25.10M | 17.00M | 25.39M | 27.34M |
| Gross profit | 15.40M | 6.05M | -21.78M | 57.27M | 73.69M |
| Reconciled depreciation | 22.56M | 22.75M | 23.36M | 23.70M | 23.44M |
| Ebit | -19.85M | -41.79M | -61.31M | 9.12M | 23.82M |
| Ebitda | 2.72M | -15.03M | -37.89M | 32.99M | 46.10M |
| Depreciation and amortization | 22.56M | 26.77M | 23.42M | 23.86M | 22.27M |
| Non operating income net other | - | 96.24M | - | 1.11M | 0.68M |
| Operating income | -19.85M | -41.79M | -61.31M | 9.12M | 24.08M |
| Other operating expenses | 230.05M | 180.85M | 138.96M | 267.64M | 285.31M |
| Interest expense | 14.39M | 13.69M | 9.35M | 7.90M | 6.84M |
| Tax provision | 0.82M | 5.94M | -4.97M | 28.84M | 3.42M |
| Interest income | - | - | - | 7.11M | 5.86M |
| Net interest income | -14.39M | -13.69M | -9.35M | -7.90M | -6.84M |
| Extraordinary items | - | - | - | - | 2.30M |
| Income tax expense | 0.82M | 5.94M | -4.97M | 28.84M | 3.42M |
| Total revenue | 203.12M | 139.06M | 77.86M | 276.77M | 309.38M |
| Total operating expenses | 42.33M | 47.85M | 39.31M | 48.14M | 49.61M |
| Cost of revenue | 187.72M | 133.01M | 99.64M | 219.50M | 235.69M |
| Total other income expense net | -15.99M | 82.55M | -9.51M | -6.79M | -0.30M |
| Net income from continuing ops | -36.66M | 34.81M | -65.86M | -26.50M | 14.50M |
| Net income applicable to common shares | - | 31.92M | -65.20M | -26.43M | 14.37M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 583.41M | 587.05M | 687.70M | 690.17M | 674.99M |
| Intangible assets | 2.04M | 2.39M | 3.26M | 3.97M | 4.32M |
| Other current assets | 14.04M | 9.74M | 10.29M | 20.55M | 6.11M |
| Total liab | 550.41M | 523.78M | 582.64M | 609.00M | 535.37M |
| Total stockholder equity | 33.09M | 62.86M | 104.07M | 77.77M | 135.35M |
| Deferred long term liab | - | - | 7.47M | - | 12.59M |
| Other current liab | 2.17M | 1.08M | 14.46M | 4.08M | 3.90M |
| Common stock | 0.25M | 0.25M | 0.25M | 0.25M | 0.25M |
| Capital stock | 0.25M | 0.25M | 0.25M | 0.25M | 0.25M |
| Retained earnings | -79.49M | -48.82M | -12.63M | -44.55M | 20.65M |
| Other liab | - | - | 30.37M | 29.12M | 25.19M |
| Good will | 25.54M | 25.50M | 26.76M | 28.12M | 26.45M |
| Other assets | 0.00M | - | 580.93M | 11.39M | 10.11M |
| Cash | 15.44M | 29.95M | 83.25M | 26.83M | 12.13M |
| Total current liabilities | 127.08M | 121.66M | 106.98M | 120.61M | 111.14M |
| Current deferred revenue | 10.99M | 10.29M | 10.00M | 10.13M | 11.32M |
| Net debt | 403.33M | 413.66M | 397.84M | 497.31M | 438.42M |
| Short term debt | 64.06M | 62.02M | 35.80M | 65.05M | 57.76M |
| Short long term debt | 35.07M | 38.03M | 12.06M | 42.30M | 37.38M |
| Short long term debt total | 418.77M | 443.61M | 481.09M | 524.14M | 450.56M |
| Other stockholder equity | 115.00M | 113.38M | 111.57M | 109.57M | 108.86M |
| Property plant equipment | - | - | 306.66M | 585.20M | 258.14M |
| Total current assets | 38.71M | 47.51M | 100.31M | 56.47M | 27.00M |
| Long term investments | 5.59M | 5.59M | 14.68M | 5.86M | 119.09M |
| Net tangible assets | - | - | 74.06M | 45.68M | 104.58M |
| Short term investments | 0.02M | 0.02M | 0.02M | 0.03M | 0.05M |
| Net receivables | 7.56M | 6.21M | 5.36M | 8.01M | 7.08M |
| Long term debt | 173.78M | 175.64M | 221.93M | 240.28M | 169.63M |
| Inventory | 1.65M | 1.62M | 1.41M | 1.06M | 1.67M |
| Accounts payable | 49.87M | 48.27M | 46.73M | 41.35M | 38.15M |
| Noncontrolling interest in consolidated entity | - | - | 0.99M | - | 4.27M |
| Accumulated other comprehensive income | -2.67M | -1.96M | 4.88M | 12.50M | 5.59M |
| Common stock total equity | - | - | 0.25M | 0.25M | 0.25M |
| Retained earnings total equity | - | - | -12.63M | - | 20.65M |
| Treasury stock | - | - | -40.41M | - | -39.74M |
| Non currrent assets other | 8.13M | 18.24M | 16.14M | 18.76M | 120.69M |
| Non current assets total | 544.70M | 539.54M | 587.40M | 633.70M | 647.99M |
| Capital lease obligations | 209.93M | 229.95M | 247.10M | 241.55M | 249.69M |
| Long term debt total | - | - | 221.93M | - | 169.63M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Investments | -2.70M | -9.49M | 129.61M | -0.24M | -51.93M |
| Change to liabilities | - | - | 18.61M | 11.96M | 2.17M |
| Total cashflows from investing activities | - | - | 129.61M | -18.77M | -51.93M |
| Net borrowings | - | - | -44.77M | 60.34M | 37.59M |
| Total cash from financing activities | -5.80M | -16.56M | -50.28M | 59.33M | 26.01M |
| Change to operating activities | - | - | 6.16M | -8.31M | -0.85M |
| Net income | -30.67M | -36.66M | 34.81M | -65.86M | -26.50M |
| Change in cash | -19.54M | -53.59M | 61.74M | 14.69M | -0.99M |
| Begin period cash flow | 34.98M | 88.57M | 26.83M | 12.13M | 13.13M |
| End period cash flow | 15.44M | 34.98M | 88.57M | 26.83M | 12.13M |
| Total cash from operating activities | -10.60M | -26.35M | -13.50M | -30.20M | 24.61M |
| Depreciation | 37.47M | 22.56M | 24.11M | 23.36M | 23.70M |
| Other cashflows from investing activities | - | - | 145.16M | - | -6.22M |
| Dividends paid | - | - | - | 0.04M | 0.32M |
| Change to inventory | - | -0.98M | 2.82M | -4.80M | -0.70M |
| Change to account receivables | -1.32M | 0.98M | -2.82M | 4.80M | 0.70M |
| Sale purchase of stock | - | 0.00M | -5.46M | -0.67M | -11.15M |
| Other cashflows from financing activities | -0.87M | -0.45M | -7.15M | 90.07M | 90.34M |
| Change to netincome | - | - | -91.44M | -18.33M | 24.65M |
| Capital expenditures | 4.47M | 9.39M | 15.55M | 18.53M | 45.71M |
| Change receivables | - | - | -2.82M | - | 0.70M |
| Cash flows other operating | - | - | 4.59M | - | 0.84M |
| Cash and cash equivalents changes | - | - | 65.83M | - | -1.31M |
| Change in working capital | 1.05M | -36.10M | -3.59M | -11.30M | -17.48M |
| Stock based compensation | 1.86M | 1.89M | 2.15M | 1.42M | 1.46M |
| Other non cash items | -20.46M | 20.31M | -71.96M | 21.77M | 20.31M |
| Free cash flow | -15.08M | -35.74M | -29.05M | -48.73M | -21.10M |
Sector: Communication Services Industry: Entertainment
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| RDI Reading International Inc |
-0.01 0.55% |
1.82 | - | - | 0.27 | 1.24 | 2.10 | 51.18 |
| NFLX Netflix Inc |
-1.44 2.23% |
63.10 | 25.29 | 21.01 | 6.71 | 11.09 | 7.02 | 9.70 |
| DIS Walt Disney Company |
-0.46 0.38% |
119.19 | 15.36 | 16.00 | 1.93 | 1.74 | 2.40 | 11.96 |
| TKO TKO Group Holdings, Inc. |
-3.07 1.54% |
196.43 | 68.15 | 50.00 | 6.79 | 4.17 | 3.49 | 11.97 |
| UMGNF Universal Music Group N.V. |
0.16 0.87% |
18.91 | 83.95 | 12.99 | 2.36 | 7.41 | 2.46 | 28.12 |
Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas. This segment operates its cinema exhibition businesses under the Reading Cinemas, Consolidated Theatres, Angelika Film Center, State Cinema by Angelika, Angelika Anywhere, Event Cinemas, and Rialto Cinemas brands. The Real Estate segment develops, rents, or licenses retail, commercial, and live theater assets. Reading International, Inc. was incorporated in 1999 and is headquartered in New York, New York.
| Name | Title | Year Born |
|---|---|---|
| Ms. Margaret Cotter | Chairperson and Exec. VP of Real Estate Management & Devel. | 1968 |
| Ms. Ellen Marie Cotter | Pres, CEO & Vice Chairman | 1966 |
| Mr. Gilbert Avanes | CFO, Exec. VP & Treasurer | 1974 |
| Mr. S. Craig Tompkins J.D. | Exec. VP & Gen. Counsel | 1951 |
| Mr. Robert F. Smerling | Pres of US Cinemas | 1935 |
| Mr. Guy Wilkerson Adams | Lead Technology & Cyber Risk Director and Independent Director | 1951 |
| Mr. Andrzej J. Matyczynski | Exec. VP of Global Operations | 1953 |
| Mr. Steve J. Lucas | Chief Accounting Officer, VP & Controller | 1970 |
| Mr. John Goeddel | Exec. VP & Chief Information Officer | 1963 |
| Mr. Mark D. Douglas | Managing Director of Australia & New Zealand | 1970 |
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