Reading International, Inc. announced improved financial results for the second quarter of 2025, with total revenues of $60.4 million, a 29% increase from the previous year. Operating income rose by 138% to $2.9 million, marking the highest achieved since Q2 2019. EBITDA also improved by 276% to $6.3 million.

For the first six months of 2025, total revenues reached $100.5 million, a 9% increase compared to the same period in 2024. Operating loss improved by 74% to $4.0 million, with a positive EBITDA of $9.2 million, a 222% increase from 2024.

The weakening of Australian and New Zealand dollar exchange rates against the U.S. dollar impacted the reported operating results, as 47% of total revenues are generated from those regions. President and CEO Ellen Cotter expressed confidence in the company’s future success, citing the record box office performance of recent movies.

Cinema business saw growth driven by successful releases like A Minecraft Movie and Sinners, with global revenue increasing by 32% to $56.8 million in Q2 2025. Food and beverage sales per person also reached record highs in various regions.

In the real estate division, revenue decreased slightly to $4.7 million, but operating income increased by 56% to $1.5 million. Property monetizations in Australia and New Zealand contributed to reducing the company’s overall debt.

Reading International, Inc. reported cash and cash equivalents of $9.1 million as of June 30, 2025, with total gross debt decreasing by 14.4% to $173.4 million from December 31, 2024. Various loan extensions and repayments were made to improve liquidity.

The company plans to post a pre-recorded conference call and webcast on its website by August 18, 2025, featuring key executives discussing the financial results. Investors can submit questions for the Q&A session by August 15, 2025.

Reading International, Inc. is an internationally diversified cinema and real estate company with operations in the U.S., Australia, and New Zealand. The company operates cinemas under various brands and owns and operates retail and commercial real estate properties across its regions.

Read more at GlobeNewswire.: Reading International Reports Second Quarter 2025 Results