secwatch.observer — SEC 8-K summary
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Issuer:     Reservoir Media, Inc. (RSVR)
CIK:        0001824403
Form:       8-K
Filed at:   2022-08-05T23:59:59+00:00
Accession:  0001104659-22-086449
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reservoir Media Q1 FY2023 revenue $24.3M (+46% YoY); reaffirms FY2023 guidance
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- Revenue $24.3M, up 46% YoY (14% organic); Music Publishing +35%, Recorded Music +80%.
- Adjusted EBITDA $7.4M, up 73% YoY; Operating income $1.3M vs $0.2M; Net income $0.00/share.
- Reaffirmed FY2023 guidance: revenue $116-121M, Adj. EBITDA $44-47M (~10% growth).
- Closed catalog deals including Marley Marl and Matt Sorum; signed artists Margo Price and Ben Harper.
- Total liquidity $80.0M (cash $12.6M + revolver $67.4M); net debt $264.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824403/000110465922086449/0001104659-22-086449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824403/000110465922086449/tm2222437d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-086449

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer