secwatch.observer — SEC 8-K summary
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Issuer:     Reservoir Media, Inc. (RSVR)
CIK:        0001824403
Form:       8-K
Filed at:   2023-05-31T23:59:59+00:00
Accession:  0001104659-23-066335
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824403/000110465923066335/0001104659-23-066335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824403/000110465923066335/tm2317348d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-066335

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