Reservoir Media, Inc. [Rocket]

Overview

Reservoir Media, Inc.

Add to portfolio

Recent News + Filings (All items)

Date Filed	Type	Description
08/21/2023	4	Rothstein Adam (Director) has filed a Form 4 on Reservoir Media, Inc.
08/21/2023	4	Field Ezra S. (Director) has filed a Form 4 on Reservoir Media, Inc.
08/21/2023	4	Cook Stephen M. (Director) has filed a Form 4 on Reservoir Media, Inc.
08/21/2023	4	Taylor Ryan P. (Director) has filed a Form 4 on Reservoir Media, Inc.
08/21/2023	4	Koss Jennifer G. (Director) has filed a Form 4 on Reservoir Media, Inc.
08/21/2023	4	de Gelder Neil (Director) has filed a Form 4 on Reservoir Media, Inc.
08/21/2023	4	ER Reservoir LLC (10% Owner) has filed a Form 4 on Reservoir Media, Inc.

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Mar-31-23	Mar-31-22	Mar-31-21	Dec-31-20	Mar-31-20
Revenues	122.3	107.8	80.2	0.0	62.5
Revenue growth	13.4%	34.4%	28.5%
Cost of goods sold	48.0	44.2	32.9	0.0	27.3
Gross profit	74.3	63.7	47.4	0.0	35.2
Gross margin	60.8%	59.0%	59.1%		56.3%
Selling, general and administrative				0.0	8.4
General and administrative	31.2	25.3	15.0	0.0
EBITA	43.0	38.2	32.2	-0.1	23.0
EBITA margin	35.1%	35.4%	40.1%		36.8%
Amortization of intangibles	21.9	18.8	13.9		8.2
EBIT	21.1	19.4	18.3	-0.1	14.7
EBIT margin	17.2%	17.9%	22.8%		23.6%
Pre-tax income	8.4	17.4	11.4	-0.1	13.5
Income taxes	5.6	4.3	2.1	0.0	4.0
Tax rate	66.9%	24.5%	18.8%	0.0%	29.9%
Net income	2.5	13.1	9.3	-0.1	9.4
Net margin	2.1%	12.1%	11.5%		15.1%

Diluted EPS	$0.04	$0.22	$0.21		$0.25
Shares outstanding (diluted)	64.8	58.5	44.5		37.7

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.