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Side-by-side financial comparison of READING INTERNATIONAL INC (RDI) and X4 Pharmaceuticals, Inc (XFOR). Click either name above to swap in a different company.

READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $28.8M, roughly 1.7× X4 Pharmaceuticals, Inc). X4 Pharmaceuticals, Inc runs the higher net margin — 1.0% vs -5.1%, a 6.1% gap on every dollar of revenue.

The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.

X4 Pharmaceuticals, Inc. is a clinical-stage biotechnology company focused on developing novel targeted therapies for rare immunological diseases and oncology indications with high unmet medical needs. It operates primarily across the U.S. and European markets, with a lead pipeline candidate for WHIM syndrome and multiple other preclinical and clinical assets for immune disorders and cancer.

RDI vs XFOR — Head-to-Head

Bigger by revenue
RDI
RDI
1.7× larger
RDI
$50.3M
$28.8M
XFOR
Higher net margin
XFOR
XFOR
6.1% more per $
XFOR
1.0%
-5.1%
RDI

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
RDI
RDI
XFOR
XFOR
Revenue
$50.3M
$28.8M
Net Profit
$-2.6M
$282.0K
Gross Margin
83.6%
Operating Margin
-1.9%
-32.8%
Net Margin
-5.1%
1.0%
Revenue YoY
-14.2%
Net Profit YoY
-14.5%
100.5%
EPS (diluted)
$-0.11
$0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RDI
RDI
XFOR
XFOR
Q4 25
$50.3M
Q3 25
$52.2M
Q2 25
$60.4M
Q1 25
$40.2M
$28.8M
Q4 24
$58.6M
Q3 24
$60.1M
Q2 24
$46.8M
Q1 24
$45.1M
$0
Net Profit
RDI
RDI
XFOR
XFOR
Q4 25
$-2.6M
Q3 25
$-4.2M
Q2 25
$-2.7M
Q1 25
$-4.8M
$282.0K
Q4 24
$-2.2M
Q3 24
$-7.0M
Q2 24
$-12.8M
Q1 24
$-13.2M
$-51.8M
Gross Margin
RDI
RDI
XFOR
XFOR
Q4 25
Q3 25
Q2 25
Q1 25
83.6%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
RDI
RDI
XFOR
XFOR
Q4 25
-1.9%
Q3 25
-0.6%
Q2 25
4.8%
Q1 25
-17.2%
-32.8%
Q4 24
2.6%
Q3 24
-0.6%
Q2 24
-16.4%
Q1 24
-16.7%
Net Margin
RDI
RDI
XFOR
XFOR
Q4 25
-5.1%
Q3 25
-8.0%
Q2 25
-4.4%
Q1 25
-11.8%
1.0%
Q4 24
-3.8%
Q3 24
-11.7%
Q2 24
-27.4%
Q1 24
-29.4%
EPS (diluted)
RDI
RDI
XFOR
XFOR
Q4 25
$-0.11
Q3 25
$-0.18
Q2 25
$-0.12
Q1 25
$-0.21
$0.04
Q4 24
$-0.11
Q3 24
$-0.31
Q2 24
$-0.57
Q1 24
$-0.59
$-7.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RDI
RDI
XFOR
XFOR
Cash + ST InvestmentsLiquidity on hand
$10.5M
$40.3M
Total DebtLower is stronger
$185.1M
$75.0M
Stockholders' EquityBook value
$-18.2M
$22.9M
Total Assets
$434.9M
$130.0M
Debt / EquityLower = less leverage
3.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RDI
RDI
XFOR
XFOR
Q4 25
$10.5M
Q3 25
$8.1M
Q2 25
$9.1M
Q1 25
$5.9M
$40.3M
Q4 24
$12.4M
Q3 24
$10.1M
Q2 24
$9.3M
Q1 24
$7.5M
$60.5M
Total Debt
RDI
RDI
XFOR
XFOR
Q4 25
$185.1M
Q3 25
Q2 25
Q1 25
$75.0M
Q4 24
$202.7M
Q3 24
Q2 24
Q1 24
$55.0M
Stockholders' Equity
RDI
RDI
XFOR
XFOR
Q4 25
$-18.2M
Q3 25
$-12.1M
Q2 25
$-7.7M
Q1 25
$-8.1M
$22.9M
Q4 24
$-4.4M
Q3 24
$1.6M
Q2 24
$6.5M
Q1 24
$18.0M
$1.0M
Total Assets
RDI
RDI
XFOR
XFOR
Q4 25
$434.9M
Q3 25
$435.2M
Q2 25
$438.1M
Q1 25
$441.0M
$130.0M
Q4 24
$471.0M
Q3 24
$495.7M
Q2 24
$494.9M
Q1 24
$494.9M
$112.2M
Debt / Equity
RDI
RDI
XFOR
XFOR
Q4 25
Q3 25
Q2 25
Q1 25
3.27×
Q4 24
Q3 24
Q2 24
Q1 24
53.09×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RDI
RDI
XFOR
XFOR
Operating Cash FlowLast quarter
$4.3M
$-12.4M
Free Cash FlowOCF − Capex
$4.1M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
0.3%
0.0%
Cash ConversionOCF / Net Profit
-43.86×
TTM Free Cash FlowTrailing 4 quarters
$-2.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RDI
RDI
XFOR
XFOR
Q4 25
$4.3M
Q3 25
$295.0K
Q2 25
$1.6M
Q1 25
$-7.7M
$-12.4M
Q4 24
$8.0M
Q3 24
$1.3M
Q2 24
$-10.4M
Q1 24
$-2.8M
$-33.6M
Free Cash Flow
RDI
RDI
XFOR
XFOR
Q4 25
$4.1M
Q3 25
$-246.0K
Q2 25
$1.2M
Q1 25
$-8.0M
Q4 24
$7.0M
Q3 24
$-1.1M
Q2 24
$-10.6M
Q1 24
$-4.7M
$-33.7M
FCF Margin
RDI
RDI
XFOR
XFOR
Q4 25
8.2%
Q3 25
-0.5%
Q2 25
1.9%
Q1 25
-19.8%
Q4 24
12.0%
Q3 24
-1.8%
Q2 24
-22.7%
Q1 24
-10.4%
Capex Intensity
RDI
RDI
XFOR
XFOR
Q4 25
0.3%
Q3 25
1.0%
Q2 25
0.6%
Q1 25
0.6%
0.0%
Q4 24
1.7%
Q3 24
4.0%
Q2 24
0.5%
Q1 24
4.3%
Cash Conversion
RDI
RDI
XFOR
XFOR
Q4 25
Q3 25
Q2 25
Q1 25
-43.86×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RDI
RDI

Cinema Exhibition Segment$46.9M93%
Real Estate Revenue$3.4M7%

XFOR
XFOR

Segment breakdown not available.

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