---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-066335"
form_type: "8-K"
ticker: "RSVR"
cik: "0001824403"
company_name: "Reservoir Media, Inc."
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:46:49.507935+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Reservoir Media FY23 revenue $122.3M (+13% YoY), net income $2.8M (-79%); guides FY24 rev $127-132M

## Summary
- FY23 revenue $122.3M, up 13% YoY; Adjusted EBITDA $46.3M, up 12% YoY; net income $2.8M ($0.04/diluted) vs $13.1M prior year.
- Q4 revenue $34.8M (flat YoY); Adjusted EBITDA $15.2M (-2% YoY); net income $2.3M ($0.04/diluted) vs $8.9M prior year.
- Recorded Music revenue up 18% in FY23; Music Publishing up 9%. Digital streaming drove growth across both segments.
- FY24 guidance: revenue $127-132M (+6% at midpoint); Adjusted EBITDA $49-52M (+9% at midpoint).
- Cash from operations $31.2M; total liquidity $147.1M; total debt $311.5M (net of deferred financing costs).

## SEC filing metadata
- accession: 0001104659-23-066335
- form_type: 8-K
- ticker: RSVR
- cik: 0001824403
- company_name: Reservoir Media, Inc.
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824403/000110465923066335/0001104659-23-066335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824403/000110465923066335/tm2317348d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-066335
- JSON: https://secwatch.observer/filing/0001104659-23-066335.json
- Plain text: https://secwatch.observer/filing/0001104659-23-066335.txt

## Key facts
- Earnings Releases
  Reservoir Media, Inc. reported the fiscal year ended March 31, 2023 results: revenue $122.3 million, net income $2.8 million, EPS $0.04 per diluted share.
  - Period: the fiscal year ended March 31, 2023
  - Revenue: $122.3 million
  - Net income: $2.8 million
  - EPS: $0.04 per diluted share
  - Result: reported results
  source text: independent music company, today announced financial results for the fourth quarter and full year for fiscal 2023 ended March 31, 2023. Fiscal Year 2023 Highlights: • Revenue of $122.3 million, increased 8% organically, or 13% including acquisitions year-over-year o Music Publishing Revenue increased 9% year-over-year o Recorded Music Revenue increased by 18%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824403/000110465923066335/0001104659-23-066335-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.