← Reservoir Media, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net income | $9.4m |
$9.3m
-1.41%
|
$13.1m
+41.17%
|
$2.8m
-78.83%
|
$837k
-69.88%
|
$7.7m
+823.42%
|
$7.8m
+1.23%
|
$8.0m
+1.73%
|
|
| Amortization of intangible assets | $8.2m | $13.9m | $18.8m | $21.9m | $24.7m | $26.1m | $30.6m | — | |
| Depreciation of property and equipment | — | $222k | $182k | $180k | $243k | $226k | $227k | $31.8m | |
| Amortization of deferred financing costs | — | — | — | — | $1.3m | $1.3m | $1.7m | — | |
| Amortization Cash Flow | — | — | — | $21.9m | $24.7m | $26.1m | $30.6m | — | |
| Amortization Of Intangibles | — | — | — | $21.9m | $24.7m | $26.1m | $30.6m | $31.5m | |
| Depreciation Amortization Depletion | — | — | — | $22.1m | $25.0m | $26.3m | $30.8m | $31.8m | |
| Deferred income taxes | $3.6m | $1.6m | $4.0m | $5.3m | ($221k) | $467k | $2.3m | $2.4m | |
| Deferred Tax | — | — | — | $5.3m | ($221k) | $467k | $2.3m | $2.4m | |
| Share-based compensation | — | $103k | $2.9m | $3.2m | $3.4m | $4.4m | $4.3m | $5.0m | |
| Impairment of equity investment | — | — | — | — | $991k | $500k | — | — | |
| Asset Impairment Charge | — | — | — | $0 | $991k | $500k | $0 | $0 | |
| Loss from equity method investments | — | ($7k) | ($10k) | ($34k) | $100k | $100k | $506k | — | |
| Gain on disposition of equity investment | — | — | — | — | — | ($104k) | — | — | |
| Sale of equity investment | — | — | — | — | — | $945k | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | ($34k) | $100k | $100k | $506k | $468k | |
| Change In Working Capital | — | — | — | ($2.4m) | $3.6m | $343k | $2.4m | ($5.0m) | |
| Accounts receivable | — | ($6.1m) | ($9.4m) | ($6.0m) | ($2.0m) | ($4.6m) | ($3.0m) | ($7.5m) | |
| Change In Receivables | — | — | — | ($6.0m) | ($2.0m) | ($4.6m) | ($3.0m) | ($7.5m) | |
| Changes In Account Receivables | — | — | — | ($6.0m) | ($2.0m) | ($4.6m) | ($3.0m) | ($7.5m) | |
| Change In Inventory | — | — | ($2.6m) | ($1.4m) | ($842k) | — | — | ($238k) | |
| Accounts payable, accrued expenses and deferred revenue | $1.7m | ($351k) | $8.0m | $15.3m | $8.2m | ($3.6m) | ($1.4m) | ($437k) | |
| Other current assets | — | — | $153k | — | ($842k) | $1.5m | $874k | $417k | |
| Other assets and liabilities | — | — | $153k | ($370k) | $737k | $730k | $816k | — | |
| Restricted cash included in Other current assets | — | — | — | — | — | — | $5.4m | — | |
| Net cash provided by operating activities | $11.1m |
$14.7m
+32.40%
|
$12.5m
-15.20%
|
$31.2m
+150.06%
|
$36.2m
+15.99%
|
$45.3m
+25.11%
|
$50.1m
+10.73%
|
$42.7m
-14.80%
|
|
| Purchases of property and equipment | — | ($80k) | ($203k) | ($406k) | ($226k) | ($82k) | ($482k) | ($108.9m) | |
| Investments in equity affiliates | — | — | — | — | ($200k) | ($1.1m) | ($2.2m) | — | |
| Net cash used for investing activities | ($107.0m) | ($118.6m) | ($196.8m) | ($72.2m) | ($50.6m) | ($96.7m) | ($104.3m) | — | |
| Issuance Of Debt | — | — | — | $42.2m | $34.0m | $66.0m | $86.0m | $92.0m | |
| Long Term Debt Issuance | — | — | — | $42.2m | $34.0m | $66.0m | $86.0m | $92.0m | |
| Long Term Debt Payments | — | — | — | $0 | ($16.0m) | ($10.0m) | ($19.0m) | $0 | |
| Net Issuance Payments Of Debt | — | — | — | $42.2m | $18.0m | $56.0m | $67.0m | $73.0m | |
| Net Long Term Debt Issuance | — | — | — | $42.2m | $18.0m | $56.0m | $67.0m | $73.0m | |
| Repayment Of Debt | — | — | — | $0 | ($16.0m) | ($10.0m) | ($19.0m) | $0 | |
| Dividend Received CFO | — | — | $28k | $62k | $0 | — | — | — | |
| Taxes paid related to net share settlement of restricted stock units | — | — | — | ($476k) | ($689k) | ($1.4m) | ($1.4m) | — | |
| Net Other Financing Charges | — | — | — | ($4.0m) | ($729k) | ($1.6m) | ($2.8m) | ($2.3m) | |
| Net cash provided by financing activities | — | $47.2m |
$196.5m
+316.21%
|
$38.5m
-80.43%
|
$17.6m
-54.34%
|
$54.5m
+210.47%
|
$64.2m
+17.76%
|
$70.7m
+10.05%
|
|
| Cash, cash equivalents and restricted cash at beginning of year | $58.2m | $9.2m | $17.8m | $14.9m | $18.1m | $21.4m | $31.3m | — | |
| Beginning Cash Position | — | — | — | $17.8m | $14.9m | $18.1m | $21.4m | $14.9m | |
| Net increase in cash, cash equivalents and restricted cash | — | ($49.0m) | $8.6m | ($2.9m) | $3.2m | $3.3m | $9.9m | — | |
| Effect Of Exchange Rate Changes | — | — | — | ($347k) | $31k | $175k | ($108k) | $225k | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Loss on fair value of swaps | — | ($3.0m) | ($8.6m) | ($2.8m) | $1.1m | $4.2m | $351k | — | |
| Royalty advances | — | ($1.3m) | ($15.4m) | ($9.9m) | ($2.7m) | ($777k) | $334k | — | |
| Royalties payable | — | — | — | — | $7.2m | $6.7m | $5.0m | — | |
| Income taxes payable | $23k | $390k | ($450k) | $127k | $234k | $364k | ($255k) | — | |
| Purchases of music catalogs | ($106.1m) | ($118.5m) | ($194.2m) | ($71.8m) | ($50.1m) | ($96.5m) | ($101.6m) | — | |
| Loan to third party | — | — | — | — | — | ($2.5m) | — | — | |
| Repayment of loan from third party | — | — | — | — | — | $2.5m | — | — | |
| Proceeds from secured line of credit | — | $40.6m | $133.6m | $42.2m | $34.0m | $66.0m | $86.0m | — | |
| Repayments of secured line of credit | — | — | ($55.0m) | — | ($16.0m) | ($10.0m) | ($19.0m) | — | |
| Proceeds from stock option exercises | — | — | — | $289k | $289k | $101k | $14k | — | |
| Deferred financing costs paid | — | ($649k) | ($4.4m) | ($3.5m) | ($39k) | — | ($1.1m) | — | |
| Acquisition of noncontrolling interests | — | — | — | — | — | — | ($288k) | — | |
| Distribution to noncontrolling interest holders | — | — | — | — | — | ($150k) | — | — | |
| Foreign exchange impact on cash | — | $7.6m | ($3.6m) | ($347k) | $31k | $175k | ($108k) | — | |
| Cash and cash equivalents as presented in Consolidated Balance Sheets | — | — | — | — | — | $21.4m | $25.9m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | $38.5m | $17.6m | $54.5m | $64.2m | $70.7m | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($72.2m) | ($50.6m) | ($96.7m) | ($104.3m) | ($114.4m) | |
| Change In Account Payable | — | — | — | $15.3m | $1.1m | ($3.6m) | ($1.4m) | ($437k) | |
| Change In Cash Supplemental As Reported | — | — | — | ($2.9m) | $3.2m | $3.3m | $9.9m | — | |
| Change In Other Working Capital | — | — | — | ($370k) | $737k | $730k | $816k | $860k | |
| Change In Payable | — | — | — | $15.4m | $8.5m | $3.5m | $3.3m | ($437k) | |
| Change In Prepaid Assets | — | — | — | ($9.9m) | ($2.7m) | ($777k) | $334k | ($1.3m) | |
| Change In Tax Payable | — | — | — | $127k | $234k | $364k | ($255k) | ($175k) | |
| Changes In Cash | — | — | — | ($2.6m) | $3.2m | $3.1m | $10.0m | ($1.1m) | |
| End Cash Position | — | — | — | $14.9m | $18.1m | $21.4m | $31.3m | $13.8m | |
| Financing Cash Flow | — | — | — | $38.5m |
$17.6m
-54.34%
|
$54.5m
+210.47%
|
$64.2m
+17.76%
|
$70.7m
+10.05%
|
|
| Free Cash Flow | — | — | — | ($41.0m) | ($14.2m) | ($51.3m) | ($51.9m) | ($66.1m) | |
| Gain Loss On Investment Securities | — | — | — | ($2.8m) | $1.1m | $4.1m | $351k | ($1.6m) | |
| Interest Paid CFF | — | — | ($4.4m) | — | — | — | — | — | |
| Investing Cash Flow | — | — | — | ($72.2m) | ($50.6m) | ($96.7m) | ($104.3m) | ($114.4m) | |
| Net Business Purchase And Sale | — | — | — | $0 | ($200k) | ($1.1m) | ($2.2m) | ($5.6m) | |
| Net Intangibles Purchase And Sale | — | — | — | ($71.8m) | ($50.1m) | ($96.5m) | ($101.6m) | ($108.3m) | |
| Net Investment Purchase And Sale | — | — | — | — | $0 | $945k | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | ($406k) | ($226k) | ($82k) | ($482k) | ($533k) | |
| Operating Gains Losses | — | — | — | ($1.9m) | $1.2m | $4.2m | $857k | ($1.1m) | |
| Other Non Cash Items | — | — | — | $2.1m | $1.3m | $1.3m | $1.7m | — | |
| Proceeds From Stock Option Exercised | — | — | — | $289k | $289k | $101k | $14k | $0 | |
| Purchase Of Business | — | — | — | $0 | ($200k) | ($1.1m) | ($2.2m) | ($5.6m) | |
| Purchase Of Intangibles | — | — | — | ($71.8m) | ($50.1m) | ($96.5m) | ($101.6m) | ($108.3m) | |
| Purchase Of PPE | — | — | $203k | ($406k) | ($226k) | ($82k) | ($482k) | ($108.9m) | |
| Sale Of Investment | — | — | — | — | $0 | $945k | $0 | $0 | |
| Stock Based Compensation | — | — | — | $3.2m | $3.4m | $4.4m | $4.3m | $5.0m |