Vmbook Online ordering
Movie Production Theaters
Reading International Inc. (RDI) is a public company listed on the NASDAQ stock exchange under the ticker symbol "RDI". The company is a real estate and entertainment company that operates various businesses, including movie theaters, live theaters, and real estate development.
As of March 2023, here are some key fundamental metrics for Reading International Inc.:
* Market Capitalization: approximately $1.15 billion
* Share Price: around $13.80
* 52-week high/low: $18.48/$9.78
* P/E Ratio: 10.09
* Earnings per share (ttm): $1.38
* Revenue (ttm): $281.9 million
* Revenue Growth (yy): 5.6%
* Net Income Growth (yy): 32.7%
* Dividend Yield: 6.44%
* Beta: 1.66
Reading International Inc has shown consistent revenue growth over the years, with a five-year annual revenue growth rate of 11.60%. The company's net income has also grown significantly, with a five-year annual net income growth rate of 27.40%.
One of the company's key growth drivers is its expansion into new markets, particularly in the United States and Australia. The company has been acquiring and developing new movie theaters and entertainment centers in these markets, which has helped to increase its revenue and profitability.
Furthermore, Reading International Inc has been focusing on diversifying its revenue streams by expanding into real estate development. The company has been investing in commercial and residential properties, which has helped to reduce its reliance on the entertainment business and provide a stable source of income.
However, the company's stock price has been volatile in recent months due to the impact of the COVID-19 pandemic on the entertainment industry. The closure of movie theaters and restrictions on public gatherings have had a significant impact on the company's revenue and profitability. Nevertheless, the company has been taking measures to mitigate the impact, such as implementing cost-cutting measures and exploring new revenue streams.
Overall, Reading International Inc. (RDI) has shown a strong track record of growth and has been taking steps to diversify its revenue streams and expand into new markets. However, the company's performance is dependent on factors such as consumer spending, competition, and the impact of the pandemic, which may affect its future growth and profitability.