earnings
confidence high
sentiment positive
materiality 0.75
Reservoir Media FY2024 revenue $144.9M (+18% YoY), adj. EBITDA $55.6M (+20%), guidance for FY2025
Reservoir Media, Inc.
2024-FY EPS reported
$0.01
revenue$144,855,690
- FY2024 revenue $144.9M (+18% YoY), Music Publishing +15%, Recorded Music +22%.
- Q4 revenue $39.1M (+12% YoY), adj. EBITDA $16.0M (+6%).
- FY2024 net income $0.8M ($0.01 EPS) vs $2.8M ($0.04 EPS) prior year.
- FY2025 outlook: revenue $148M-$152M, adj. EBITDA $58M-$61M (mid-point +4% and +7% growth).
- Acquired catalogs of The Spinners founders, Rudy Perez, Mannie Fresh; signed Kings of Leon, Katie Pruitt.