CoverageForm 410-K10-Q8-K13D13G13F

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.

Price · RSVR

Income Statement

Line itemFY 2025FY 2024FY 2023FY 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 itemFY 2025FY 2024FY 2023FY 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 itemFY 2025FY 2024FY 2023FY 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

MetricFY 2025FY 2024FY 2023FY 2022
Profitability
Gross margin63.8%61.7%60.8%66.0%
Operating margin22.1%17.0%17.2%18.4%
EBITDA margin38.7%34.2%35.3%28.8%
Net margin4.9%0.4%2.1%11.8%
Free cash flow margin28.5%24.8%25.2%13.8%
FCF / Net income5.8355.7712.131.16
R&D / Revenue----
SG&A / Revenue25.2%27.5%25.5%18.7%
Effective tax rate21.6%34.2%68.9%29.8%
Return on assets0.9%0.1%0.3%2.4%
Return on equity2.1%0.2%0.7%2.7%
Return on invested capital3.6%2.4%1.6%1.7%
Liquidity
Current ratio1.201.171.221.45
Quick ratio1.201.171.221.45
Cash ratio0.320.300.270.43
Leverage
Debt / Equity1.060.940.890.78
Debt / Assets0.450.420.410.68
Debt / EBITDA6.336.677.2211.66
Interest coverage----
Equity multiplier2.372.222.161.14
Liabilities / Assets0.580.550.540.57
Efficiency
Asset turnover0.180.180.160.20
Inventory turnover----
Days sales outstanding87d84d93d115d
Days inventory outstanding----
Days payable outstanding----
Cash conversion cycle----
Valuation
P / E63.6x793.0x163.0x39.3x
P / B1.4x1.5x1.2x1.3x
P / S3.2x3.6x3.5x5.5x
EV / EBITDA14.2x16.7x16.7x29.8x
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 total
Music Publishing Segment$116.80M · 66.5%
Recorded Music Segment$51.51M · 29.3%
All Other Segments$7.35M · 4.2%

Product / service

$127.55M total
Digital$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 total
US$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

CompanyRevenue (last FY)Net marginROE
ACEL--19.1%
EDR$7.11B-11.0%-
LYV$25.20B2.0%183.0%
BOWL$1.20B-0.8%3.4%
TKO$4.74B4.1%5.2%

Comparing Reservoir Media against the 5 most active filers in the same SIC group.