Reservoir Media, Inc. (RSVR)
Reservoir Media, Inc. is a company dedicated to managing music rights, structured into two core divisions: Music Publishing and Recorded Music. The Music Publishing segment focuses on acquiring ownership interests in existing musical catalogs and forging agreements with songwriters. Conversely, the Recorded Music division is engaged in procuring sound recording catalogs, discovering and cultivating new recording artists, and then overseeing the marketing, distribution, sales, and licensing of these acquired music assets. The firm was established in 2007, with its primary operations based in New York City. Reservoir Media, Inc. operates as a subsidiary of Reservoir Holdings, Inc.
Sector: Services-Amusement & Recreation Services
Industry: Entertainment
Reservoir Media, Inc.
NASDAQ:RSVRCommunication Services · Entertainment
-1.16%$10.21
Prev close$10.33-1.16%Close$10.210.00%AH close$10.21
AH$10.21+0.00%vs close
Mkt Cap$673.98M
Float19.85M
O/S66.01M
Inst Own24.5%
SI1.7%
Dilution
Financials Summary
Revenue$175.66M
Net Income$8.3M
Total Assets$949.68M
Free Cash Flow$49.66M
Debt & Equity
Debt 55%
Equity 45%
Total Debt$463.15M
Total Equity$377.72M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in RSVR's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$949.68M
Liabilities$571.11M
Accounts Receivable$40.83M
Accounts Payable$4.12M
Inventory$0
PP&E (Net)$8.55M
Goodwill$0
Intangible Assets$788.74M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
| Revenue | $175.66M | $158.71M | $144.86M | $122.29M | $107.84M | $80.25M | $0 | $49.23M |
| YoY Growth | 10.7% | 9.6% | 18.5% | 13.4% | 34.4% | - | - | - |
| Cost of Revenue | $61.99M | $57.43M | $55.48M | $47.99M | $44.19M | $32.85M | $0 | $20.59M |
| Gross Profit | $113.67M | $101.28M | $89.38M | $74.3M | $63.65M | $47.39M | $0 | $28.64M |
| Gross Margin | 64.7% | 63.8% | 61.7% | 60.8% | 59.0% | 59.1% | - | 58.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $44.66M | $39.92M | $39.82M | $31.17M | $25.28M | $14.99M | $0 | $8.67M |
| Other | $30.78M | $26.3M | $24.99M | $22.07M | $19.02M | $14.08M | $0 | $0 |
| Total Operating Expenses | $75.44M | $66.21M | $64.8M | $53.24M | $44.3M | $29.06M | $0 | $17.23M |
| Operating Income (EBIT) | $38.23M | $35.06M | $24.58M | $21.06M | $19.35M | $18.33M | $0 | $13.57M |
| Operating Margin | 21.8% | 22.1% | 17.0% | 17.2% | 17.9% | 22.8% | - | 27.6% |
| Interest Expense | $26.45M | $21.88M | $21.09M | $14.76M | $10.87M | $8.97M | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $11K | $13K | $11.94M | $6.66M |
| Other Income (Expense) | -$27.08M | -$25.19M | -$23.4M | -$12.65M | -$1.97M | -$6.88M | -$1K | -$8.82M |
| Income Before Tax (EBT) | $11.15M | $9.87M | $1.17M | $8.4M | $17.38M | $11.45M | -$1K | $4.75M |
| Income Tax Expense | $3.33M | $2.14M | $335K | $5.62M | $4.25M | $2.15M | $0 | $893K |
| Net Income | $8.3M | $7.75M | $645K | $2.54M | $13.08M | $9.25M | -$1K | $3.86M |
| Net Income Margin | 4.7% | 4.9% | 0.4% | 2.1% | 12.1% | 11.5% | - | 7.8% |
| Supplementary Data | ||||||||
| EPS | 0.13 | 0.12 | 0.01 | 0.04 | 0.23 | 0.21 | -0.01 | 30.82 |
| Diluted EPS | 0.13 | 0.12 | 0.01 | 0.04 | 0.22 | 0.21 | -0.01 | 30.82 |
| Weighted Average OS | 65.54M | 65.16M | 64.76M | 64.34M | 52.61M | 28.54M | 128,875 | 125,227 |
| EBITDA | $68.39M | $58.05M | $47.25M | $45.24M | $47.27M | $34.5M | $8.42M | $19.97M |
| EBITDA Margin | 38.9% | 36.6% | 32.6% | 37.0% | 43.8% | 43.0% | - | 40.6% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $25.93M | $21.39M | $18.13M | $14.9M | $17.81M | $9.21M | $58.24M | $9.03M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $25.93M | $21.39M | $18.13M | $14.9M | $17.81M | $9.21M | $58.24M | $9.03M |
| Accounts Receivable | $40.83M | $37.85M | $33.23M | $31.26M | $25.21M | $15.81M | $9.75M | $9.21M |
| Inventory | $0 | $4.87M | $6.3M | $5.46M | $4.04M | $1.41M | $431K | $227K |
| Other Current Assets | $9.41M | $0 | $0 | $0 | $0 | $0 | $13.85M | $14.66M |
| Total Current Assets | $92.54M | $79.28M | $70.91M | $66.81M | $59.44M | $39.27M | $82.27M | $33.13M |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $8.55M | $6.36M | $7.54M | $7.92M | $342K | $322K | $603K | $246K |
| Goodwill | $0 | $402K | $402K | $402K | $402K | $0 | $402K | $0 |
| Intangible Assets | $788.74M | $719.67M | $640.22M | $617.4M | $571.38M | $391.15M | $285.11M | $164.65M |
| Long-Term Investments | $2.83M | $1.1M | $1.45M | $2.31M | $3.91M | $1.59M | $1.5M | $1.47M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $57.02M | $58.31M | $63.01M | $59.24M | $48.79M | $29.52M | $26.71M | $18.96M |
| Total Long-Term Assets | $857.14M | $785.84M | $712.63M | $687.28M | $624.83M | $422.59M | $314.32M | $185.33M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $949.68M | $865.13M | $783.53M | $754.08M | $684.27M | $461.86M | $396.59M | $218.47M |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $4.12M | $5.39M | $9.02M | $6.68M | $4.44M | $3.32M | $876K | $2.09M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $1M | $1M | $823K |
| Current Income Tax Payable | $548K | $803K | $439K | $205K | $77K | $527K | $0 | $0 |
| Current Unearned Revenue | $2.47M | $1.89M | $1.16M | $2.15M | $1.1M | $1.34M | $0 | $0 |
| Other Current Liabilities | $55.73M | $7.95M | $7.31M | $10.58M | $12.27M | $2.62M | $7.86M | $2.39M |
| Total Current Liabilities | $65.54M | $65.84M | $60.37M | $54.55M | $41.06M | $25.38M | $23.44M | $14.35M |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $455.71M | $388.13M | $330.79M | $311.49M | $269.86M | $211.53M | $179.34M | $116.61M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $41.79M | $38.23M | $30.47M | $30.53M | $24.88M | $19.27M | $0 | $0 |
| Other Long-Term Liabilities | $635K | $1M | $694K | $785K | $1.01M | $11.31M | $22.72M | $5.25M |
| Total Long-Term Liabilities | $505.57M | $433.09M | $368.68M | $349.87M | $295.75M | $242.11M | $202.06M | $121.86M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $571.11M | $498.93M | $429.05M | $404.42M | $336.82M | $267.49M | $225.5M | $136.21M |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $81.63M | $81.63M | $0 |
| Common Stock | $7K | $7K | $6K | $6K | $6K | $3K | $1 | $0 |
| Retained Earnings | $31.45M | $23.15M | $15.4M | $14.75M | $12.21M | -$863K | -$9.54M | -$19.6M |
| Comprehensive Income & Other | -$671K | -$2.42M | -$3.8M | -$4.86M | -$1.2M | $2.1M | -$4.39M | -$2.4M |
| Other Stockholders' Equity | $346.26M | $341.72M | $337.59M | $333.61M | $334.17M | $194.23M | $179.67M | $101.85M |
| Total Equity | $377.72M | $364.88M | $352.99M | $348.36M | $346.39M | $193.36M | $170.13M | $82.25M |
| Minority Interest | $845K | $1.32M | $1.49M | $1.3M | $1.06M | $1.01M | $959K | $0 |
| Total Liabilities and Equity | $948.83M | $863.81M | $782.04M | $752.79M | $683.21M | $460.85M | $395.63M | $218.47M |
| Supplementary Data | ||||||||
| Total Debt | $463.15M | $393.86M | $337.51M | $318.56M | $269.86M | $212.53M | $180.34M | $117.43M |
| Net Debt | $437.22M | $372.47M | $319.38M | $303.66M | $252.04M | $203.32M | $122.1M | $108.4M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
| Operating Activities | ||||||||
| Net Income | $8.3M | $7.73M | $837K | $2.78M | $13.13M | $9.3M | $10.06M | $3.86M |
| Depreciation & Amortization | $30.78M | $26.3M | $24.99M | $22.07M | $19.02M | $14.08M | $8.42M | $6.4M |
| Deferred Income Tax | $2.33M | $467K | -$221K | $5.25M | $4.04M | $1.62M | $9.97M | $0 |
| Stock-Based Compensation | $4.27M | $4.39M | $3.39M | $3.2M | $2.89M | $103K | $91K | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$2.98M | -$4.62M | -$1.97M | -$6.04M | -$9.4M | -$6.07M | -$533K | -$1.54M |
| Inventory | $0 | $0 | -$842K | -$1.42M | -$2.64M | -$975K | -$204K | -$67K |
| Accounts Payable | -$1.38M | -$3.58M | $1.08M | $15.26M | $8.05M | -$351K | $737K | $0 |
| Other Working Capital | $6.73M | $8.54M | $5.39M | -$10.16M | -$15.73M | -$790K | -$7.02M | -$8.23M |
| Total Working Capital Change | $2.36M | $343K | $3.65M | -$2.35M | -$19.71M | -$8.18M | -$7.75M | -$9.83M |
| Other Non-Cash Items | $2.09M | $6.05M | $3.56M | $249K | -$6.89M | -$2.2M | $1.06M | $2.13M |
| Net Cash from Operating | $50.14M | $45.28M | $36.19M | $31.2M | $12.48M | $14.71M | $11.88M | $2.55M |
| Investing Activities | ||||||||
| Capital Expenditures | -$102.08M | -$82K | -$226K | -$406K | -$194.36M | -$80K | -$530K | -$115K |
| Acquisitions | -$288K | -$1.1M | -$200K | $0 | -$2.46M | -$13K | -$380K | -$54K |
| Purchases of Investments | -$2.24M | $0 | $0 | $0 | -$2.46M | $0 | $0 | $0 |
| Sales of Investments | $0 | $945K | $0 | $0 | $199.08M | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$96.48M | -$50.13M | -$71.82M | -$196.62M | -$118.52M | -$106.9M | -$32.25M |
| Net Cash from Investing | -$104.61M | -$96.72M | -$50.55M | -$72.23M | -$196.82M | -$118.61M | -$107.81M | -$32.41M |
| Financing Activities | ||||||||
| Debt Repaid | -$65.86M | -$56M | -$18M | -$42.18M | -$59.76M | -$39.9M | -$69.54M | - |
| Common Stock Issuance | $14K | $101K | $0 | $0 | $0 | $7.97M | $25K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $39.92M | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | -$16.88M | $0 |
| Other Financing Activities | -$1.38M | -$1.58M | -$440K | -$3.72M | $136.77M | -$649K | $94.36M | $33.16M |
| Net Cash from Financing | $64.49M | $54.52M | $17.56M | $38.46M | $196.53M | $47.22M | $147.03M | $33.16M |
| Forex Effect | -$108K | $175K | $31K | -$347K | -$3.59M | $7.65M | -$1.98M | -$146K |
| Net Change in Cash | $9.92M | $3.25M | $3.23M | -$2.91M | $8.6M | -$49.03M | -$39.67M | $3.15M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $50.14M | $45.28M | $36.19M | $31.2M | $12.48M | $14.71M | $11.88M | $2.55M |
| Capital Expenditure | -$482K | -$96.56M | -$50.35M | -$72.23M | -$194.36M | -$118.6M | -$530K | -$115K |
| Free Cash Flow | $49.66M | -$51.28M | -$14.16M | -$41.03M | -$181.88M | -$103.89M | $11.35M | $2.43M |
| Cash at Beginning | $21.39M | $18.13M | $14.9M | $17.81M | $9.21M | $58.24M | $97.91M | $0 |
| Cash at End | $31.3M | $21.39M | $18.13M | $14.9M | $17.81M | $9.21M | $58.24M | $3.15M |