secwatch.observer — SEC 8-K summary
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Issuer:     Reservoir Media, Inc. (RSVR)
CIK:        0001824403
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001104659-23-100455
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reservoir Media Q1 FY24 revenue $31.8M, Adj. EBITDA $10.1M
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- Q1 FY24 revenue $31.8M vs $24.3M in Q1 FY23; operating income $3.1M vs $1.3M.
- Adjusted EBITDA $10.1M, up from $7.4M year-over-year.
- 150K+ copyrights and 36K master recordings; M&A pipeline >$2.0B with $742M deployed since inception.
- Fiscal year financial summary shows revenue growing from $66M (FY21) to $84M (FY23).
- Secular growth drivers: paid streaming subs CAGR 49% (2010-20), digital CAGR 13%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824403/000110465923100455/0001104659-23-100455-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824403/000110465923100455/tm2326007d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100455

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