Added to YB: 2025-11-26
Pitch date: 2025-11-25
RDI [neutral]
Reading International, Inc.
-8.66%
current return
Author Info
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Company Info
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.
Market Cap
$43.6M
Pitch Price
$1.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.03
P/E
-1.93
EV/Sales
1.86
Sector
Entertainment
Category
turnaround
Raging Bull Investments Idea Update - 11/24/2025 - Reading International, Inc.
RDI (update): Balance sheet dramatically improved - debt down $40m to $172m, no maturities until mid-2026, insolvency risk eliminated. US cinema segment near breakeven despite 10% revenue decline shows major cost structure improvement. 44 Union Sq LOI could add millions NOI + refi opportunity. Cinema 123 Manhattan development exploring sale alternatives - would be transformative given current $33m market cap. Positioned for substantial FCF generation.
Read full article (3 min)