secwatch.observer — SEC 8-K summary
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Issuer:     Reservoir Media, Inc. (RSVR)
CIK:        0001824403
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001104659-24-084158
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reservoir Media Q1 FY25 revenue up 8% to $34.3M; music publishing drives growth
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- Revenue $34.3M (+8% YoY); Music Publishing up 15% to $24.0M, Recorded Music down 7% to $9.6M.
- Adjusted EBITDA $12.6M (+25% YoY); OIBDA $11.3M (+23%). Net loss ($0.5M) vs net income $0.2M last year.
- FY2025 guidance reaffirmed: Revenue $148M-$152M, Adjusted EBITDA $58M-$61M.
- Operating income $5.0M (+58% YoY); cash from operations $8.6M, available liquidity $137.6M.
- 12th consecutive quarter of YoY revenue growth since 2021 IPO; signed new publishing deals with Wrabel, Zuckerman, Thompson.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824403/000110465924084158/0001104659-24-084158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824403/000110465924084158/tm2420423d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-084158

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