Loading...
Docoh

Reservoir Media (RSVR)

Reservoir is an independent music company based in New York City and with offices in Los Angeles, Nashville, Toronto, London, and Abu Dhabi. It is the first U.S.-based publicly traded independent music company and the first female founded and led publicly traded music company in the U.S. Founded as a family-owned music publisher in 2007, Reservoir has grown to represent over 130,000 copyrights and 36,000 master recordings with titles dating as far back as 1900, and hundreds of #1 releases worldwide. Reservoir holds a regular Top 10 U.S. Market Share according to Billboard’s Publishers Quarterly, was twice named Publisher of the Year by Music Business Worldwide’s The A&R Awards, and won Independent Publisher of the Year at the 2020 Music Week Awards. Reservoir also represents a multitude of recorded music through Chrysalis Records, Tommy Boy Records, and Philly Groove Records and manages artists through its ventures with Blue Raincoat Music and Big Life Management.

RSVR stock data

Calendar

5 Aug 22
11 Aug 22
31 Mar 23
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Mar 22 Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 12.57M 12.57M 12.57M 12.57M 12.57M 12.57M
Cash burn (monthly) 1.75M 121.21K (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 2.44M 169.03K n/a n/a n/a n/a
Cash remaining 10.13M 12.4M n/a n/a n/a n/a
Runway (months of cash) 5.8 102.3 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
28 Jul 22 Helima Croft Common stock, $0.0001 par value Gift Dispose G No No 0 11,940 0 0
28 Jul 22 Helima Croft Common stock, $0.0001 par value Grant Acquire A No No 0 11,940 0 11,940
30 Jun 22 Richmond Hill Capital Partners Common Stock, $0.001 par value Buy Acquire P No No 6.4877 7,319 47.48K 179,389
30 Jun 22 Essex Equity Joint Investment Vehicle Common Stock, $0.001 par value Buy Acquire P No No 6.4877 17,078 110.8K 418,576
30 Jun 22 Ryan P. Taylor Common Stock, $0.0001 par value Buy Acquire P Yes No 6.4877 17,078 110.8K 418,576
30 Jun 22 Ryan P. Taylor Common Stock, $0.0001 par value Buy Acquire P Yes No 6.4877 7,319 47.48K 179,389
29 Jun 22 Richmond Hill Capital Partners Common Stock, $0.0001 par value Buy Acquire P No No 6.5983 39,605 261.33K 172,070
29 Jun 22 Essex Equity Joint Investment Vehicle Common Stock, $0.0001 par value Buy Acquire P No No 6.5983 92,413 609.77K 401,498
29 Jun 22 Ryan P. Taylor Common Stock, $0.0001 par value Buy Acquire P Yes No 6.5983 92,413 609.77K 401,498
29 Jun 22 Ryan P. Taylor Common Stock, $0.0001 par value Buy Acquire P Yes No 6.5983 39,605 261.33K 172,070
5.4% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 3 3
Opened positions 2 2
Closed positions 2 0 NEW
Increased positions 0 0
Reduced positions 0 0
13F shares Current Prev Q Change
Total value 218K 89K +144.9%
Total shares 2.07M 2.07M +0.2%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Byron Roth 2.07M $0 0.0%
Calton & Associates 6.23K $215K NEW
CWM 351 $3K NEW
Largest transactions Shares Bought/sold Change
Calton & Associates 6.23K +6.23K NEW
Patriot Financial Group Insurance Agency 0 -2.1K EXIT
CoreCap Advisors 0 -1.19K EXIT
CWM 351 +351 NEW
Byron Roth 2.07M 0 0.0%
Polar Asset Management Partners 0 0

Financial report summary

?
Competition
Warner Music
Management Discussion
  • Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
  • As disclosed in Note 19, “Correction of Prior Period Errors” to our consolidated financial statements, the Company’s consolidated financial statements as of and for the three months ended June 30, 2021, have been revised to give effect to the correction of certain accounting errors identified during the financial reporting process as of and for the fiscal year ended March 31, 2022. As a result, the Management’s Discussion and Analysis of the Company’s Financial Condition and Results of Operations set forth below has been revised to give effect to the correction of these errors.
  • This Quarterly Report includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), that are not historical facts, and are intended to be covered by the safe harbor created thereby. All statements, other than statements of historical fact included in this Quarterly Report including, without limitation, statements in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations” regarding the Company’s financial position, business strategy and the plans and objectives of management for future operations, are forward-looking statements. Words such as “expect,” “believe,” “anticipate,” “predict,” “project,” “target,” “goal,” “intend,” “continue,” “could,” “may,” “might,” “shall,” “should,” “will,” “would,” “plan,” “possible,” “potential,” “estimate,” “seek” and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. In addition, any statements that refer to expectations, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Such forward-looking statements relate to future events or future performance, but reflect management’s current expectations, projections and beliefs based on information currently available. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about the Company that may cause its actual business, financial condition, results of operations, performance and/or achievements to be materially different from any future business, financial condition, results of operations, performance and/or achievements expressed or implied by these forward-looking statements. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described under “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s Annual Report on Form 10-K (the “Annual Report”) filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 21, 2022 and the Company’s other filings with the SEC. The Company’s securities filings can be accessed on the EDGAR section of the SEC’s website at www.sec.gov. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: accretion, add, adversary, alongside, assist, clarify, compulsory, CRB, De, deducted, discretionary, EBITDA, element, escalating, factor, feet, forma, formalized, free, greatly, headline, HQ, implicit, improved, introduced, isolation, La, language, Latifah, meaningful, NY, prescribed, pro, profitability, Queen, reclassified, reconcile, remand, renewal, rental, replaced, respond, SAB, Snap, SOFR, space, square, Street, Submission, Suite, therewith, trailing, TTM, unusual, upheld, Varick, widely, writing
Removed: accumulated, advisory, agreed, anticipated, approval, approved, attestation, Codification, comparison, computed, consummating, deficit, demand, emerging, enacted, entirety, excluding, exemption, existence, firm, foregoing, forfeiture, golden, good, grant, hierarchy, indirectly, initially, input, instrument, irrevocable, Jumpstart, lowest, measured, measuring, obtain, obtained, ongoing, opt, opted, orderly, parachute, participate, performing, pricing, proceed, processed, proxy, realized, reduced, Regulation, reviewing, sell, separately, settled, stockholder, summarized, temporary, transfer, treasury, unit, unobservable, valuation, vote