Reading | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 52.17 M

Revenue: As of FY2025 Q3, the actual value is USD 52.17 M, missing the estimate of USD 58.75 M.

EPS: As of FY2025 Q3, the actual value is USD -0.18, missing the estimate of USD -0.0875.

EBIT: As of FY2025 Q3, the actual value is USD 3.845 M.

Cinema Exhibition Segment

• Revenue: For the quarter ended September 30, 2025, cinema revenue decreased by $7.8 million to $48.6 million compared to the same period in the prior year. For the nine months ended September 30, 2025, cinema revenue increased by $1.2 million to $141.7 million.
• Operating Income: Cinema segment operating income for the quarter ended September 30, 2025, decreased by $0.5 million to $1.8 million. For the nine months ended September 30, 2025, operating income increased by $9.3 million to $2.7 million.
• Operating Expenses: Operating expenses for the quarter ended September 30, 2025, decreased by $6.9 million to $43.7 million.

Real Estate Segment

• Revenue: Real estate rent revenue for the quarter ended September 30, 2025, decreased by $0.3 million to $4.6 million. For the nine months ended September 30, 2025, revenue decreased by $0.8 million to $14.1 million.
• Operating Income: Real estate segment operating income for the quarter ended September 30, 2025, remained relatively flat at $1.4 million. For the nine months ended September 30, 2025, operating income increased by $1.2 million to $4.5 million.

Future Outlook and Strategy

• Cinema Segment: The company anticipates a stronger fourth quarter with major releases expected to drive significant box office results. Strategic initiatives include optimizing cinema operations and enhancing Food & Beverage offerings to improve revenue.
• Real Estate Segment: The company plans to defer new real estate development to align with liquidity priorities and focus on upgrading existing cinemas. Recent property sales have been used to pay down debt, and further asset monetizations are being explored to strengthen liquidity.