RSVR · Reservoir Media, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Revenue | $158.71M | $144.86M | $122.29M | $80.25M |
| Cost of Revenue | $57.43M | $55.48M | $47.99M | $27.30M |
| Gross Profit | $101.28M | $89.38M | $74.30M | $52.95M |
| R&D | - | - | - | - |
| SG&A | $39.92M | $39.82M | $31.17M | $14.99M |
| Total Operating Expenses | $123.64M | $120.28M | $101.23M | $47.74M |
| D&A | $26.30M | $24.99M | $22.07M | $8.41M |
| Operating Income | $35.06M | $24.58M | $21.06M | $14.73M |
| Interest Expense | - | - | - | - |
| Income Tax | $2.14M | $334.8K | $5.62M | $4.03M |
| Net Income | $7.75M | $644.9K | $2.54M | $9.48M |
| EPS - Basic | $0.12 | $0.01 | $0.04 | $0.25 |
| EPS - Diluted | $0.12 | $0.01 | $0.04 | $0.25 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash & Equivalents | $21.39M | $18.13M | $14.90M | $17.81M |
| Accounts Receivable | $37.85M | $33.23M | $31.26M | $25.21M |
| Inventory | - | - | - | - |
| Accounts Payable | - | - | - | - |
| Current Assets | $79.28M | $70.91M | $66.81M | $59.44M |
| Total Assets | $865.13M | $783.53M | $754.08M | $395.85M |
| Current Liabilities | $65.84M | $60.37M | $54.55M | $41.06M |
| Long-term Debt | $388.13M | $330.79M | $311.49M | $269.86M |
| Total Liabilities | $498.93M | $429.05M | $404.42M | $225.33M |
| Stockholders' Equity | $364.88M | $352.99M | $348.36M | $346.39M |
| Retained Earnings | $23.15M | $15.40M | $14.75M | ($10.12M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | $45.28M | $36.19M | $31.20M | $11.11M |
| Investing Cash Flow | ($96.72M) | ($50.55M) | ($72.23M) | ($107.04M) |
| Financing Cash Flow | $54.52M | $17.56M | $38.46M | $47.22M |
| CapEx | $81.5K | $225.7K | $406.4K | $79.9K |
| Free Cash Flow | $45.20M | $35.97M | $30.80M | $11.03M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Profitability | ||||
| Gross margin | 63.8% | 61.7% | 60.8% | 66.0% |
| Operating margin | 22.1% | 17.0% | 17.2% | 18.4% |
| EBITDA margin | 38.7% | 34.2% | 35.3% | 28.8% |
| Net margin | 4.9% | 0.4% | 2.1% | 11.8% |
| Free cash flow margin | 28.5% | 24.8% | 25.2% | 13.8% |
| FCF / Net income | 5.83 | 55.77 | 12.13 | 1.16 |
| R&D / Revenue | - | - | - | - |
| SG&A / Revenue | 25.2% | 27.5% | 25.5% | 18.7% |
| Effective tax rate | 21.6% | 34.2% | 68.9% | 29.8% |
| Return on assets | 0.9% | 0.1% | 0.3% | 2.4% |
| Return on equity | 2.1% | 0.2% | 0.7% | 2.7% |
| Return on invested capital | 3.6% | 2.4% | 1.6% | 1.7% |
| Liquidity | ||||
| Current ratio | 1.20 | 1.17 | 1.22 | 1.45 |
| Quick ratio | 1.20 | 1.17 | 1.22 | 1.45 |
| Cash ratio | 0.32 | 0.30 | 0.27 | 0.43 |
| Leverage | ||||
| Debt / Equity | 1.06 | 0.94 | 0.89 | 0.78 |
| Debt / Assets | 0.45 | 0.42 | 0.41 | 0.68 |
| Debt / EBITDA | 6.33 | 6.67 | 7.22 | 11.66 |
| Interest coverage | - | - | - | - |
| Equity multiplier | 2.37 | 2.22 | 2.16 | 1.14 |
| Liabilities / Assets | 0.58 | 0.55 | 0.54 | 0.57 |
| Efficiency | ||||
| Asset turnover | 0.18 | 0.18 | 0.16 | 0.20 |
| Inventory turnover | - | - | - | - |
| Days sales outstanding | 87d | 84d | 93d | 115d |
| Days inventory outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Cash conversion cycle | - | - | - | - |
| Valuation | ||||
| P / E | 63.6x | 793.0x | 163.0x | 39.3x |
| P / B | 1.4x | 1.5x | 1.2x | 1.3x |
| P / S | 3.2x | 3.6x | 3.5x | 5.5x |
| EV / EBITDA | 14.2x | 16.7x | 16.7x | 29.8x |
| Growth | ||||
| Revenue growth (YoY) | 9.6% | 18.5% | 52.4% | - |
| Revenue CAGR (3y) | 25.5% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - |
| Gross profit growth (YoY) | 13.3% | 20.3% | 40.3% | - |
| Operating income growth (YoY) | 42.7% | 16.7% | 42.9% | - |
| Net income growth (YoY) | 1101.7% | -74.6% | -73.2% | - |
| EPS growth (YoY) | 1100.0% | -75.0% | -84.0% | - |
| EPS CAGR (3y) | -21.7% | - | - | - |
| EPS CAGR (5y) | - | - | - | - |
| FCF growth (YoY) | 25.7% | 16.8% | 179.1% | - |
| FCF CAGR (5y) | - | - | - | - |
| Book value growth (YoY) | 3.4% | 1.3% | 0.6% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-03-31.
Business segments
$175.66M totalMusic Publishing Segment$116.80M · 66.5%
Recorded Music Segment$51.51M · 29.3%
All Other Segments$7.35M · 4.2%
Product / service
$127.55M totalDigital$64.68M · 50.7%
Performance$23.96M · 18.8%
Synchronization$19.12M · 15.0%
Physical$6.07M · 4.8%
Product And Service Other$4.83M · 3.8%
Neighboring Rights$4.68M · 3.7%
Mechanical$4.21M · 3.3%
Geographic
$116.80M totalUS$63.62M · 54.5%
Non Us$53.18M · 45.5%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.65
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Amusement & Recreation Services
Comparing Reservoir Media against the 5 most active filers in the same SIC group.