Reading International, Inc. announced its Third Quarter 2025 financial results, with Total Revenues of $52.2 million, a decrease of 13% from the previous year. Operating Loss remained flat at $0.3 million, while EBITDA improved by 26% to $3.6 million. Net Loss Attributable to Reading improved by 41% to $4.2 million.
For the first nine months of 2025, Total Revenues increased slightly by 1% to $152.7 million, with Operating Loss improving by 72% to $4.3 million. EBITDA saw a significant improvement of 372% to $12.8 million. Basic Loss per Share improved by 65% to $0.51, with Net Loss Attributable to Reading improving by 65% to $11.6 million.
The Q3 2025 cinema revenue decreased by 14% to $48.6 million, with an operating income of $1.8 million, a 21% decrease from the previous year. Despite challenges, milestones were achieved in ATP, F&B sales, and box office for Alternative Content and Signature Series programming.
In the Real Estate business, revenue decreased to $4.6 million, with operating income remaining relatively flat. Major property monetizations were completed in Australia and New Zealand, driving improvements in operating income.
As of September 30, 2025, Reading International had cash and cash equivalents of $8.1 million and a total gross debt of $172.6 million, reflecting a 14.8% decrease from the previous year. Various loan maturities were extended to improve liquidity.
President and CEO Ellen Cotter expressed confidence in the company’s performance, with positive EBITDA for five quarters and a strong balance sheet anchored by real estate assets. The cinema business faced challenges but is expected to rebound in Q4 with promising film releases.
Reading International plans to post its Earnings Call Webcast on November 18, 2025, featuring key executives for prepared remarks and a Q&A session. The company operates in the cinema and real estate sectors across the United States, Australia, and New Zealand.
Read more at GlobeNewswire: Reading International Reports Third Quarter 2025 Results
