earnings
confidence high
sentiment neutral
materiality 0.60
Reservoir Media Q2 FY23 revenue $33.3M, Adj. EBITDA $12.8M; releases investor fact sheet
Reservoir Media, Inc.
- Revenue $33.3M in Q2 FY23 (Sep 30, 2022), up 10% YoY from $30.3M; Adj. EBITDA $12.8M vs $12.7M.
- Operating income $6.6M vs $7.8M YoY, reflecting margin compression.
- Organic revenue CAGR of 15% from FY2018-FY2022, double the industry's 7%.
- M&A pipeline: 220+ targets totaling $2.1B as of 9/30/22; $650M+ capital deployed since 2007.
- Notable Q2 deals include Naughty By Nature's KayGee, Nick Lee, Voice of Beirut, Brit Taylor, Louis Prima.