Reading International (RDI) investor relations material

Executive summary

• Revenue increased 11% year-over-year for Q2 2026, reaching $66.9 million, the highest since Q2 2019, driven by strong cinema performance, especially in Australia, and favorable foreign exchange rates.

• Net income for Q2 2026 was $2.3 million, reversing a $2.8 million loss in Q2 2025.

• Segment operating income rose 55% to $10.7 million in Q2 2026, with EBITDA of $11.3 million.

• Cinema attendance and average ticket prices improved in Australia, while U.S. attendance declined due to cinema closures.

• Real estate revenues remained stable, offsetting property sales with exchange rate gains.

Financial highlights

• Q2 2026 revenue: $66.9 million (up 11% year-over-year); six-month revenue: $112.0 million (up 11%).

• Q2 2026 net income: $2.3 million (vs. $2.8 million loss in Q2 2025); six-month net loss: $5.8 million (improved from $7.8 million loss).

• Q2 2026 operating income rose 159% to $7.5 million; EBITDA up 79% to $11.3 million.

• Cinema segment Q2 operating income: $9.2 million (up 68%); real estate segment Q2 operating income: $1.6 million (up 7%).

• Basic EPS for Q2 2026: $0.10 (vs. $(0.12) in Q2 2025).

Outlook and guidance

• Management expects continued cinema revenue growth in 2026, supported by a strong film slate and operational initiatives.

• Liquidity will be supported by planned asset monetizations and ongoing cost controls.

• Real estate asset sales, including Cinemas 1,2,3 and Newberry Yard, are expected to close by year-end, providing additional liquidity.

• No assurances provided due to inherent uncertainties and risks, but the company believes it is well-positioned for a strong 2026.