Reading Gross Profit from 2010 to 2024

RDI Stock  USD 1.51  0.05  3.42%   
Reading International's Gross Profit is decreasing with slightly volatile movements from year to year. Gross Profit is predicted to flatten to about 7.7 M. Gross Profit is the profit Reading International makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1989-06-30
Previous Quarter
919 K
Current Value
4.7 M
Quarterly Volatility
36.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reading International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reading International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.3 M, Interest Expense of 23.3 M or Total Revenue of 163.6 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0087 or PTB Ratio of 0.88. Reading financial statements analysis is a perfect complement when working with Reading International Valuation or Volatility modules.
  
Check out the analysis of Reading International Correlation against competitors.
For more detail on how to invest in Reading Stock please use our How to Invest in Reading International guide.

Latest Reading International's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Reading International over the last few years. Gross profit is a required income statement account that reflects total revenue of Reading International minus its cost of goods sold. It is profit before Reading International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Reading International's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reading International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 6.05 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Reading Gross Profit Regression Statistics

Arithmetic Mean36,352,063
Geometric Mean0.00
Coefficient Of Variation82.49
Mean Deviation27,008,724
Median53,171,000
Standard Deviation29,987,883
Sample Variance899.3T
Range95.5M
R-Value(0.44)
Mean Square Error784.7T
R-Squared0.19
Significance0.10
Slope(2,920,516)
Total Sum of Squares12589.8T

Reading Gross Profit History

20247.7 M
20238.1 M
202215.4 M
20216.1 M
2020-21.8 M
201957.3 M
201873.7 M

Other Fundumenentals of Reading International

Reading International Gross Profit component correlations

-0.41-0.090.340.921.00.920.780.12-0.94-0.79-0.6-0.5-0.44-0.89-0.680.06-0.31-0.25-0.08-0.040.060.24-0.08-0.080.22
-0.41-0.590.6-0.16-0.47-0.17-0.70.430.220.52-0.01-0.19-0.220.25-0.160.390.190.79-0.55-0.630.61-0.30.60.51-0.61
-0.09-0.59-0.43-0.4-0.04-0.410.24-0.820.4-0.190.590.780.710.120.77-0.890.16-0.520.840.71-0.520.03-0.06-0.490.37
0.340.6-0.430.470.290.47-0.130.12-0.36-0.09-0.15-0.47-0.45-0.42-0.560.060.170.67-0.25-0.320.39-0.350.510.29-0.41
0.92-0.16-0.40.470.911.00.60.4-0.97-0.67-0.7-0.68-0.59-0.84-0.860.34-0.38-0.1-0.29-0.270.250.260.00.12-0.09
1.0-0.47-0.040.290.910.90.80.08-0.92-0.81-0.58-0.46-0.4-0.88-0.640.03-0.32-0.31-0.030.010.010.26-0.11-0.110.24
0.92-0.17-0.410.471.00.90.60.4-0.97-0.68-0.7-0.68-0.59-0.84-0.850.35-0.38-0.12-0.28-0.280.240.260.010.14-0.1
0.78-0.70.24-0.130.60.80.6-0.09-0.67-0.7-0.47-0.3-0.2-0.63-0.29-0.09-0.22-0.530.10.18-0.030.59-0.27-0.410.43
0.120.43-0.820.120.40.080.4-0.09-0.440.0-0.75-0.54-0.49-0.14-0.60.96-0.430.13-0.87-0.830.660.340.160.46-0.42
-0.940.220.4-0.36-0.97-0.92-0.97-0.67-0.440.680.80.70.610.840.86-0.40.40.130.380.29-0.25-0.30.08-0.06-0.09
-0.790.52-0.19-0.09-0.67-0.81-0.68-0.70.00.680.420.130.220.760.350.120.350.46-0.16-0.090.02-0.30.050.05-0.18
-0.6-0.010.59-0.15-0.7-0.58-0.7-0.47-0.750.80.420.680.630.480.76-0.740.440.080.750.62-0.51-0.5-0.03-0.13-0.04
-0.5-0.190.78-0.47-0.68-0.46-0.68-0.3-0.540.70.130.680.880.420.89-0.640.09-0.380.660.43-0.42-0.10.2-0.070.04
-0.44-0.220.71-0.45-0.59-0.4-0.59-0.2-0.490.610.220.630.880.350.79-0.580.03-0.390.610.44-0.470.010.22-0.2-0.01
-0.890.250.12-0.42-0.84-0.88-0.84-0.63-0.140.840.760.480.420.350.65-0.040.180.070.080.03-0.16-0.140.020.01-0.15
-0.68-0.160.77-0.56-0.86-0.64-0.85-0.29-0.60.860.350.760.890.790.65-0.630.26-0.290.620.46-0.36-0.060.07-0.210.09
0.060.39-0.890.060.340.030.35-0.090.96-0.40.12-0.74-0.64-0.58-0.04-0.63-0.340.18-0.89-0.770.560.28-0.010.4-0.29
-0.310.190.160.17-0.38-0.32-0.38-0.22-0.430.40.350.440.090.030.180.26-0.340.370.250.250.01-0.450.03-0.190.11
-0.250.79-0.520.67-0.1-0.31-0.12-0.530.130.130.460.08-0.38-0.390.07-0.290.180.37-0.42-0.250.41-0.490.160.14-0.17
-0.08-0.550.84-0.25-0.29-0.03-0.280.1-0.870.38-0.160.750.660.610.080.62-0.890.25-0.420.84-0.68-0.18-0.13-0.320.16
-0.04-0.630.71-0.32-0.270.01-0.280.18-0.830.29-0.090.620.430.440.030.46-0.770.25-0.250.84-0.66-0.21-0.49-0.570.49
0.060.61-0.520.390.250.010.24-0.030.66-0.250.02-0.51-0.42-0.47-0.16-0.360.560.010.41-0.68-0.660.380.370.16-0.43
0.24-0.30.03-0.350.260.260.260.590.34-0.3-0.3-0.5-0.10.01-0.14-0.060.28-0.45-0.49-0.18-0.210.38-0.02-0.26-0.06
-0.080.6-0.060.510.0-0.110.01-0.270.160.080.05-0.030.20.220.020.07-0.010.030.16-0.13-0.490.37-0.020.5-0.63
-0.080.51-0.490.290.12-0.110.14-0.410.46-0.060.05-0.13-0.07-0.20.01-0.210.4-0.190.14-0.32-0.570.16-0.260.5-0.52
0.22-0.610.37-0.41-0.090.24-0.10.43-0.42-0.09-0.18-0.040.04-0.01-0.150.09-0.290.11-0.170.160.49-0.43-0.06-0.63-0.52
Click cells to compare fundamentals

About Reading International Financial Statements

Investors use fundamental indicators, such as Reading International's Gross Profit, to determine how well the company is positioned to perform in the future. Although Reading International's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit8.1 M7.7 M
Gross Profit Margin 0.04  0.03 

Currently Active Assets on Macroaxis

When determining whether Reading International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reading International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Reading International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reading International Stock:
Check out the analysis of Reading International Correlation against competitors.
For more detail on how to invest in Reading Stock please use our How to Invest in Reading International guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reading International. If investors know Reading will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reading International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Earnings Share
(1.88)
Revenue Per Share
9.128
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.02)
The market value of Reading International is measured differently than its book value, which is the value of Reading that is recorded on the company's balance sheet. Investors also form their own opinion of Reading International's value that differs from its market value or its book value, called intrinsic value, which is Reading International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reading International's market value can be influenced by many factors that don't directly affect Reading International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reading International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reading International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reading International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.