Symbols / RSVR Stock $10.18 +0.20% Reservoir Media, Inc.

Communication Services • Entertainment • United States • NGM
RSVR (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Communication Services
Industry Entertainment
CEO Ms. Golnar Khosrowshahi
Exch · Country NGM · United States
Market Cap 667.81M
Enterprise Value 1.11B
Income 6.57M
Sales 169.59M
FCF (ttm) -81.23M
Book/sh 5.70
Cash/sh 0.31
Employees 100
Insider 10d —
IPO Jan 05, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 101.80
Forward P/E 14.75
PEG 1.17
P/S 3.94
P/B 1.79
P/C —
EV/EBITDA 16.72
EV/Sales 6.54
Quick Ratio 0.88
Current Ratio 1.19
Debt/Eq 122.80
LT Debt/Eq —
EPS (ttm) 0.10
EPS next Y 0.69
EPS Growth -62.50%
Revenue Growth 7.70%
EPS Gr Q/Q -58.10%
Rev Gr Q/Q —
Earnings (next) 2026-05-28
Earnings (prior) 2026-02-04
ROA 2.60%
ROE 1.76%
ROIC —
Gross Margin 64.52%
Oper. Margin 22.66%
Profit Margin 3.87%
Shs Outstand 65.60M
Shs Float 14.13M
Insider Own 48.53%
Instit Own 47.67%
Short Float 10.89%
Short Ratio 9.29
Short Interest 795.07K
52W High 10.43
vs 52W High -2.40%
52W Low 6.97
vs 52W Low 46.05%
Beta 0.74
Impl. Vol. 6.25%
Rel Volume 1.16
Avg Volume 102.72K
Volume 119.15K
Target (mean) $13.00
Tgt Median $13.00
Tgt Low $11.00
Tgt High $15.00
# Analysts 2
Recom None
Prev Close $10.16
Price $10.18
Change 0.20%
About

Reservoir Media, Inc. operates as a music publishing company. The company operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. Reservoir Media, Inc. was founded in 2007 and is headquartered in New York, New York.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$13.00
Mean price target
2. Current target
$10.18
Latest analyst target
3. DCF / Fair value
$-22.29
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$10.18
Low
$11.00
High
$15.00
Mean
$13.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-06-06 main B. Riley Securities Buy → Buy $12
2024-10-31 main B. Riley Securities Buy → Buy $13
2024-05-31 main B. Riley Securities Buy → Buy $12
2023-09-13 reit Roth MKM — → Buy $13
2023-01-05 init B. Riley Securities — → Buy $11
2021-08-23 init Roth Capital — → Buy $13
2021-08-23 init Craig-Hallum — → Buy $13
News
RSS: Latest RSVR news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-20 TAYLOR RYAN P Director — 654 $7.64 $4,997
2026-02-20 ROTHSTEIN ADAM Director — 654 $0.00 $0
2026-02-20 COOK STEPHEN M Director — 654 $7.64 $4,997
2026-02-20 FIELD EZRA S. Director — 1,636 $0.00 $0
2026-02-20 ER RESERVOIR LLC Beneficial Owner of more than 10% of a Class of Security — 654 $7.64 $4,997
2025-11-21 TAYLOR RYAN P Director — 684 $7.30 $4,993
2025-11-21 ROTHSTEIN ADAM Director — 684 $7.30 $4,993
2025-11-21 COOK STEPHEN M Director — 684 $7.30 $4,993
2025-11-21 FIELD EZRA S. Director — 1,712 $7.30 $12,498
2025-11-21 ER RESERVOIR LLC Beneficial Owner of more than 10% of a Class of Security — 684 $7.30 $4,993
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Revenue
158.71
+9.56%
144.86
+18.46%
122.29
+13.40%
107.84
Operating Revenue
151.66
+9.46%
138.56
+16.77%
118.66
+11.33%
106.58
Cost Of Revenue
57.43
+3.52%
55.48
+15.61%
47.99
+8.60%
44.19
Reconciled Cost Of Revenue
57.43
+3.52%
55.48
+15.61%
47.99
+8.60%
44.19
Gross Profit
101.28
+13.31%
89.38
+20.29%
74.30
+16.72%
63.65
Operating Expense
66.21
+2.18%
64.80
+21.71%
53.24
+20.18%
44.30
Selling General And Administration
39.92
+0.25%
39.82
+27.75%
31.17
+23.29%
25.28
General And Administrative Expense
39.92
+0.25%
39.82
+27.75%
31.17
+23.29%
25.28
Other Gand A
39.92
+0.25%
39.82
+27.75%
31.17
+23.29%
25.28
Total Expenses
123.64
+2.80%
120.28
+18.82%
101.23
+14.40%
88.49
Operating Income
35.06
+42.66%
24.58
+16.71%
21.06
+8.81%
19.35
Total Operating Income As Reported
35.06
+42.66%
24.58
+16.71%
21.06
+8.81%
19.35
EBITDA
58.05
+22.88%
47.25
+4.44%
45.24
-4.31%
47.27
Normalized EBITDA
61.69
+27.27%
48.47
+12.42%
43.12
+12.32%
38.39
Reconciled Depreciation
26.30
+5.26%
24.99
+13.19%
22.07
+16.05%
19.02
EBIT
31.76
+42.66%
22.26
-3.89%
23.16
-18.02%
28.25
Total Unusual Items
-3.64
-196.39%
-1.23
-157.85%
2.12
-76.15%
8.89
Total Unusual Items Excluding Goodwill
-3.64
-196.39%
-1.23
-157.85%
2.12
-76.15%
8.89
Special Income Charges
—
0.00
+100.00%
-0.91
0.00
Other Special Charges
—
—
0.91
—
Net Income
7.75
+1101.65%
0.64
-74.60%
2.54
-80.58%
13.08
Pretax Income
9.87
+742.28%
1.17
-86.05%
8.40
-51.65%
17.38
Net Non Operating Interest Income Expense
-21.88
-3.77%
-21.09
-42.91%
-14.76
-35.74%
-10.87
Interest Expense Non Operating
21.88
+3.77%
21.09
+42.91%
14.76
+35.74%
10.87
Net Interest Income
-21.88
-3.77%
-21.09
-42.91%
-14.76
-35.74%
-10.87
Interest Expense
21.88
+3.77%
21.09
+42.91%
14.76
+35.74%
10.87
Interest Income Non Operating
—
—
—
0.01
Interest Income
—
—
—
0.01
Other Income Expense
-3.31
-42.73%
-2.32
-210.13%
2.10
-76.37%
8.90
Other Non Operating Income Expenses
0.33
+130.29%
-1.09
-6236.18%
-0.02
-263.55%
0.01
Gain On Sale Of Security
-3.64
-196.39%
-1.23
-140.43%
3.03
-65.87%
8.89
Tax Provision
2.14
+539.40%
0.33
-94.05%
5.62
+32.25%
4.25
Tax Rate For Calcs
0.00
-24.13%
0.00
+36.19%
0.00
-14.29%
0.00
Tax Effect Of Unusual Items
-0.79
-124.89%
-0.35
-178.79%
0.45
-79.56%
2.18
Net Income Including Noncontrolling Interests
7.73
+823.42%
0.84
-69.88%
2.78
-78.83%
13.13
Net Income From Continuing Operation Net Minority Interest
7.75
+1101.65%
0.64
-74.60%
2.54
-80.58%
13.08
Net Income From Continuing And Discontinued Operation
7.75
+1101.65%
0.64
-74.60%
2.54
-80.58%
13.08
Net Income Continuous Operations
7.73
+823.42%
0.84
-69.88%
2.78
-78.83%
13.13
Minority Interests
0.02
+109.63%
-0.19
+20.01%
-0.24
-364.42%
-0.05
Normalized Income
10.60
+596.81%
1.52
+75.96%
0.86
-86.42%
6.37
Net Income Common Stockholders
7.75
+1101.65%
0.64
-74.60%
2.54
-78.65%
11.89
Otherunder Preferred Stock Dividend
—
—
0.00
-100.00%
1.18
Diluted EPS
0.12
+1100.00%
0.01
-75.00%
0.04
-81.82%
0.22
Basic EPS
0.12
+1100.00%
0.01
-75.00%
0.04
-82.61%
0.23
Basic Average Shares
65.16
+0.62%
64.76
+0.65%
64.34
+22.29%
52.61
Diluted Average Shares
65.95
+1.06%
65.26
+0.65%
64.83
+10.92%
58.45
Diluted NI Availto Com Stockholders
7.75
+1101.65%
0.64
-74.60%
2.54
-78.65%
11.89
Depreciation Amortization Depletion Income Statement
26.30
+5.26%
24.99
+13.19%
22.07
+16.05%
19.02
Depreciation And Amortization In Income Statement
26.30
+5.26%
24.99
+13.19%
22.07
+16.05%
19.02
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Assets
865.13
+10.41%
783.53
+3.91%
754.08
+10.20%
684.27
Current Assets
79.28
+11.81%
70.91
+6.14%
66.81
+12.39%
59.44
Cash Cash Equivalents And Short Term Investments
21.39
+17.95%
18.13
+21.67%
14.90
-16.35%
17.81
Cash And Cash Equivalents
21.39
+17.95%
18.13
+21.67%
14.90
-16.35%
17.81
Receivables
37.85
+13.91%
33.23
+6.31%
31.26
+23.98%
25.21
Accounts Receivable
37.85
+13.91%
33.23
+6.31%
31.26
+23.98%
25.21
Inventory
4.87
-22.76%
6.30
+15.43%
5.46
+35.06%
4.04
Prepaid Assets
15.18
+14.60%
13.25
-12.78%
15.19
+22.73%
12.38
Total Non Current Assets
785.84
+10.27%
712.63
+3.69%
687.28
+9.99%
624.83
Net PPE
6.36
-15.70%
7.54
-4.86%
7.92
+2216.61%
0.34
Gross PPE
6.36
-15.70%
7.54
-4.86%
7.92
+2216.61%
0.34
Other Properties
6.36
-15.70%
7.54
-4.86%
7.92
+2216.61%
0.34
Goodwill And Other Intangible Assets
720.08
+12.40%
640.62
+3.69%
617.81
+8.05%
571.79
Goodwill
0.40
+0.00%
0.40
+0.00%
0.40
+0.00%
0.40
Other Intangible Assets
719.67
+12.41%
640.22
+3.70%
617.40
+8.05%
571.38
Investments And Advances
1.10
-24.24%
1.45
-37.03%
2.31
-41.08%
3.91
Long Term Equity Investment
—
—
—
3.91
Non Current Prepaid Assets
55.51
-1.80%
56.53
+9.26%
51.74
+15.91%
44.64
Other Non Current Assets
0.97
+33.63%
0.73
-2.20%
0.75
+372.52%
0.16
Total Liabilities Net Minority Interest
498.93
+16.29%
429.05
+6.09%
404.42
+20.07%
336.82
Current Liabilities
65.84
+9.05%
60.37
+10.68%
54.55
+32.83%
41.06
Payables And Accrued Expenses
56.00
+7.91%
51.89
+24.12%
41.81
+51.00%
27.69
Payables
53.41
+7.14%
49.85
+24.25%
40.12
+55.81%
25.75
Accounts Payable
5.39
-40.16%
9.02
+34.96%
6.68
+50.56%
4.44
Other Payable
47.21
+16.87%
40.40
+21.54%
33.24
+56.51%
21.24
Current Accrued Expenses
2.59
+26.67%
2.04
+20.98%
1.69
-12.84%
1.94
Total Tax Payable
0.80
+82.93%
0.44
+114.23%
0.20
+164.51%
0.08
Income Tax Payable
0.80
+82.93%
0.44
+114.23%
0.20
+164.51%
0.08
Current Deferred Liabilities
1.89
+61.99%
1.16
-45.91%
2.15
+94.98%
1.10
Current Deferred Revenue
1.89
+61.99%
1.16
-45.91%
2.15
+94.98%
1.10
Other Current Liabilities
7.95
+8.76%
7.31
-30.90%
10.58
-13.76%
12.27
Total Non Current Liabilities Net Minority Interest
433.09
+17.47%
368.68
+5.37%
349.87
+18.30%
295.75
Long Term Debt And Capital Lease Obligation
393.86
+16.69%
337.51
+5.95%
318.56
+18.05%
269.86
Long Term Debt
388.13
+17.34%
330.79
+6.20%
311.49
+15.43%
269.86
Long Term Capital Lease Obligation
5.72
-14.83%
6.72
-4.98%
7.07
0.00
Non Current Deferred Liabilities
38.23
+25.45%
30.47
-0.18%
30.53
+22.67%
24.88
Non Current Deferred Taxes Liabilities
38.23
+25.45%
30.47
-0.18%
30.53
+22.67%
24.88
Other Non Current Liabilities
0.59
+3.58%
0.57
-27.05%
0.79
-22.47%
1.01
Stockholders Equity
364.88
+3.37%
352.99
+1.33%
348.36
+0.57%
346.39
Common Stock Equity
364.88
+3.37%
352.99
+1.33%
348.36
+0.57%
346.39
Capital Stock
0.01
+0.63%
0.01
+0.61%
0.01
+0.45%
0.01
Common Stock
0.01
+0.63%
0.01
+0.61%
0.01
+0.45%
0.01
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
65.24
+0.64%
64.83
+0.60%
64.44
+0.45%
64.15
Ordinary Shares Number
65.24
+0.64%
64.83
+0.60%
64.44
+0.45%
64.15
Additional Paid In Capital
344.15
+0.81%
341.39
+0.86%
338.46
+0.92%
335.37
Retained Earnings
23.15
+50.33%
15.40
+4.37%
14.75
+20.79%
12.21
Gains Losses Not Affecting Retained Earnings
-2.42
+36.22%
-3.80
+21.78%
-4.86
-305.27%
-1.20
Minority Interest
1.32
-11.29%
1.49
+14.82%
1.30
+22.74%
1.06
Other Equity Adjustments
-2.42
+36.22%
-3.80
+21.78%
-4.86
-305.27%
-1.20
Total Equity Gross Minority Interest
366.20
+3.30%
354.48
+1.38%
349.66
+0.64%
347.45
Total Capitalization
753.01
+10.12%
683.79
+3.63%
659.86
+7.08%
616.25
Working Capital
13.45
+27.62%
10.54
-14.05%
12.26
-33.29%
18.38
Invested Capital
753.01
+10.12%
683.79
+3.63%
659.86
+7.08%
616.25
Total Debt
393.86
+16.69%
337.51
+5.95%
318.56
+18.05%
269.86
Net Debt
366.75
+17.30%
312.66
+5.42%
296.59
+17.67%
252.04
Capital Lease Obligations
5.72
-14.83%
6.72
-4.98%
7.07
0.00
Net Tangible Assets
-355.20
-23.49%
-287.63
-6.75%
-269.44
-19.54%
-225.39
Tangible Book Value
-355.20
-23.49%
-287.63
-6.75%
-269.44
-19.54%
-225.39
Derivative Product Liabilities
0.41
+237.81%
0.12
0.00
0.00
Dueto Related Parties Current
—
—
—
0.00
Financial Assets
1.83
-68.22%
5.75
-14.85%
6.76
+69.27%
3.99
Investmentsin Associatesat Cost
—
—
—
3.91
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow
45.28
+25.11%
36.19
+15.99%
31.20
+150.06%
12.48
Cash Flow From Continuing Operating Activities
45.28
+25.11%
36.19
+15.99%
31.20
+150.06%
12.48
Net Income From Continuing Operations
7.73
+823.42%
0.84
-69.88%
2.78
-78.83%
13.13
Depreciation Amortization Depletion
26.30
+5.26%
24.99
+13.19%
22.07
+16.05%
19.02
Depreciation
0.23
-6.78%
0.24
+34.67%
0.18
-1.27%
0.18
Amortization Cash Flow
26.07
+5.38%
24.74
+13.01%
21.89
+16.22%
18.84
Depreciation And Amortization
26.30
+5.26%
24.99
+13.19%
22.07
+16.05%
19.02
Amortization Of Intangibles
26.07
+5.38%
24.74
+13.01%
21.89
+16.22%
18.84
Other Non Cash Items
1.34
+0.28%
1.34
-35.35%
2.07
+25.81%
1.65
Stock Based Compensation
4.39
+29.49%
3.39
+5.74%
3.20
+10.78%
2.89
Asset Impairment Charge
0.50
-49.55%
0.99
0.00
—
Deferred Tax
0.47
+311.46%
-0.22
-104.21%
5.25
+29.82%
4.04
Deferred Income Tax
0.47
+311.46%
-0.22
-104.21%
5.25
+29.82%
4.04
Operating Gains Losses
4.21
+243.75%
1.22
+164.97%
-1.89
+78.00%
-8.57
Gain Loss On Investment Securities
4.11
+265.42%
1.12
+140.68%
-2.77
+67.69%
-8.56
Change In Working Capital
0.34
-90.60%
3.65
+255.06%
-2.35
+88.06%
-19.71
Change In Receivables
-4.62
-134.40%
-1.97
+67.39%
-6.04
+35.68%
-9.40
Changes In Account Receivables
-4.62
-134.40%
-1.97
+67.39%
-6.04
+35.68%
-9.40
Change In Inventory
—
-0.84
+40.55%
-1.42
+46.22%
-2.64
Change In Prepaid Assets
-0.78
+71.68%
-2.75
+72.30%
-9.91
+35.75%
-15.43
Change In Payables And Accrued Expense
3.52
-58.50%
8.47
-44.96%
15.39
+102.61%
7.60
Change In Payable
3.52
-58.50%
8.47
-44.96%
15.39
+102.61%
7.60
Change In Account Payable
-3.58
-432.13%
1.08
-92.94%
15.26
+89.70%
8.05
Change In Other Working Capital
0.73
-0.95%
0.74
+299.29%
-0.37
-342.33%
0.15
Change In Other Current Assets
1.50
+277.64%
-0.84
—
0.15
Investing Cash Flow
-96.72
-91.32%
-50.55
+30.01%
-72.23
+63.30%
-196.82
Cash Flow From Continuing Investing Activities
-96.72
-91.32%
-50.55
+30.01%
-72.23
+63.30%
-196.82
Net PPE Purchase And Sale
-0.08
+63.87%
-0.23
+44.47%
-0.41
-100.42%
-0.20
Purchase Of PPE
-0.08
+63.87%
-0.23
+44.47%
-0.41
-100.42%
-0.20
Capital Expenditure
-96.56
-91.77%
-50.35
+30.29%
-72.23
+62.84%
-194.36
Net Investment Purchase And Sale
0.95
0.00
—
—
Sale Of Investment
0.95
0.00
—
—
Net Business Purchase And Sale
-1.10
-450.00%
-0.20
0.00
+100.00%
-2.46
Purchase Of Business
-1.10
-450.00%
-0.20
0.00
+100.00%
-2.46
Net Intangibles Purchase And Sale
-96.48
-92.47%
-50.13
+30.21%
-71.82
+63.01%
-194.16
Purchase Of Intangibles
-96.48
-92.47%
-50.13
+30.21%
-71.82
+63.01%
-194.16
Financing Cash Flow
54.52
+210.47%
17.56
-54.34%
38.46
-80.43%
196.53
Cash Flow From Continuing Financing Activities
54.52
+210.47%
17.56
-54.34%
38.46
-80.43%
196.53
Net Issuance Payments Of Debt
56.00
+211.11%
18.00
-57.33%
42.18
-29.42%
59.76
Issuance Of Debt
66.00
+94.12%
34.00
-19.40%
42.18
-80.33%
214.47
Repayment Of Debt
-10.00
+37.50%
-16.00
0.00
+100.00%
-154.70
Long Term Debt Issuance
66.00
+94.12%
34.00
-19.40%
42.18
-80.33%
214.47
Long Term Debt Payments
-10.00
+37.50%
-16.00
0.00
+100.00%
-154.70
Net Long Term Debt Issuance
56.00
+211.11%
18.00
-57.33%
42.18
-29.42%
59.76
Short Term Debt Issuance
—
—
—
133.55
Short Term Debt Payments
—
—
—
-55.00
Net Short Term Debt Issuance
—
—
—
-55.00
Net Common Stock Issuance
—
—
—
0.00
Cash Dividends Paid
—
—
—
0.00
Proceeds From Stock Option Exercised
0.10
-65.02%
0.29
0.00%
0.29
0.00
Net Other Financing Charges
-1.58
-117.22%
-0.73
+81.83%
-4.01
-102.93%
136.77
Changes In Cash
3.08
-3.76%
3.20
+224.71%
-2.57
-121.04%
12.19
Effect Of Exchange Rate Changes
0.18
+471.26%
0.03
+108.85%
-0.35
+90.32%
-3.59
Beginning Cash Position
18.13
+21.67%
14.90
-16.35%
17.81
+93.43%
9.21
End Cash Position
21.39
+17.95%
18.13
+21.67%
14.90
-16.35%
17.81
Free Cash Flow
-51.28
-262.16%
-14.16
+65.48%
-41.03
+77.44%
-181.88
Interest Paid Supplemental Data
22.75
+30.25%
17.47
—
—
Income Tax Paid Supplemental Data
1.40
+291.93%
0.36
—
—
Change In Income Tax Payable
0.36
+55.53%
0.23
+83.67%
0.13
+128.35%
-0.45
Change In Tax Payable
0.36
+55.53%
0.23
+83.67%
0.13
+128.35%
-0.45
Common Stock Issuance
—
—
—
0.00
Dividend Received CFO
—
0.00
-100.00%
0.06
+124.03%
0.03
Earnings Losses From Equity Investments
0.10
+0.00%
0.10
+392.99%
-0.03
-236.10%
-0.01
Interest Paid CFF
—
—
—
-4.38
Issuance Of Capital Stock
—
—
—
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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