Company Analysis

Reading International Inc (RDI)

Nasdaq: RDI · Services-Motion Picture Theaters · Culver City, CA · filing with the SEC since 1994
Grade4.1
◀ Past 2.6● Present 4.6▶ Future 4.7
1 est.

The grade of Reading International Inc

Nine metrics read from its own filings, by tense
Headline grade
4.1/10
◀ Past2.625% of the headline
● Present4.645% of the headline
▶ Future4.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.6/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.1/10

Has it survived what it has been through?

5 warning events since 2017; the latest 2025-05-01.

weight 45% of this tense · 11th percentile among 9 sector filers · read for itself

From the record

Reading International Inc's filings since 2017 show 5 warning events of 2 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2025-03-28); a late-report notice (Form NT 10-K or NT 10-Q, 4 times, the latest 2025-05-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.4/10

What has it actually done, year after year?

-3.2% a year over 10 filed years; profitable in 4 of 10.

weight 33% of this tense · 34th percentile among 8 sector filers · read for its customers

From the record

Reading International Inc's 10 filed years say what it did: revenue went from $271 million in fiscal 2016 to $203 million in fiscal 2025, down 3.2% a year; it rose in 5 of 9 years; the deepest fall was 75% from fiscal 2018 to fiscal 2020; net income was positive in 4 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-3.2%bottom 25% of its family
  • the share of years revenue rosebottom 25% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak74.8%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
4.3/10

How has it treated the people who own it?

SI estimate 4.3/10, confidence 35 of 100 (one part).

weight 22% of this tense · 43rd percentile among 8 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 43% of 8 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 8 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Reading International Inc's shareholder treatment is put at 4.3 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 43% of 8 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.6/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
3.9/10

Is it financially healthy right now?

Leverage 104%: owes 104¢ per asset dollar.

weight 45% of this tense · 39th percentile among 7 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Reading International Inc's shareholders' equity was below zero, so the profit on it is not read. Leverage: it owed about 104 cents per dollar of assets, and net share issuance: its share count grew 1.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 29% of its family
  • the share count against the year beforetop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.5/10

How strong is its position in its industry?

bottom 35% of 8 in its family; net margin -7%.

weight 33% of this tense · 35th percentile among 8 sector filers · read for its customers

From the record

Reading International Inc's standing among 8 graded names in its industry family: revenue of $203 million in fiscal 2025 ranks in the bottom 29% by size; a net margin of -7% ranks in the bottom 38%; revenue growth of -0% a year over the last 3 filed years ranks in the bottom 38% (its annual reports).

What it rests on

  • revenue against the family$203Mbottom 29% of its family
  • net margin-7.0%bottom 38% of its family
  • three-year revenue growth0.0%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.5/10

What are the people in charge doing?

top 25% of 6 in its family for leadership; chief executive since 2015.

weight 22% of this tense · 75th percentile among 6 sector filers · read for its shareholders

From the record

Reading International Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Cotter, Ellen M (Director, President and CEO, as filed), filing under that title since 2015-10-09, 11.1 years (top 42% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 12.8 years (top 25%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (top 8%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge2 in three years among 9 peopletop 8% of its family
  • the median years the people in charge have filed12.8 yearstop 25% of its family
  • the chief executive's years on the record11.1 yearstop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.6/10

How much room does it have to grow?

bottom 36% of 7 in its family for room to expand.

weight 22% of this tense · 36th percentile among 7 sector filers · read for itself

From the record

Reading International Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $11 million against debt of $185 million leaves -40.1% of its assets as net cash, bottom 29% of its family; cash from operations less capital spending is -1.4% of revenue (bottom 43%) (its annual report).

What it rests on

  • cash less debt against assets-40.1%bottom 29% of its family
  • cash from operations less capital spending against revenue-1.4%bottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.2/10

What could actually drive growth from here?

bottom 42% of 8 in its family for growth drivers.

weight 45% of this tense · 42nd percentile among 8 sector filers · read for its customers

From the record

Reading International Inc's growth drivers, from the filed years to fiscal 2025: revenue grew -0% a year over the last three filed years against -3.2% over all 10, speeding up (top 25% of its family); the newest year grew -3.6% (bottom 38%); capital spending grew -47.8% a year (bottom 13%) (its annual reports). Reading International Inc reported 2 product lines in fiscal 2025: Cinema at $189 million (93%), Real Estate Revenue at $14 million (7%); 0 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+3.1 points a yeartop 25% of its family
  • the newest year's revenue growth-3.6%bottom 38% of its family
  • three-year growth of capital spending-47.8%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.3/10

Did its newest year beat what its own record pointed to?

top 37% of 8 in its family for expectations against reality.

weight 33% of this tense · 63rd percentile among 8 sector filers · read for its shareholders

From the record

Reading International Inc's newest year against its own record: revenue of $203 million in fiscal 2025 came in 5.3% below the $214 million its prior three years' pace pointed to (top 50% of its family); net income of $14 million against a prior three-year average of $34 million (top 50%); a net margin of -7% against -16.1% before (top 12%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.3%top 50% of its family
  • net income against the prior three years' average+59%top 50% of its family
  • net margin against its prior average+9.2 pointstop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RDI · research, not advice