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Reservoir Media, Inc.

Rank #432Op. Leverage

RSVRW · Nasdaq

Reservoir Media, Inc. (RSVRW) — Rank #432 by gross profitability (GP/assets 0.12) · ROE 2.2% · Piotroski F-Score 6 / 9.

As-of 2026-09-15 · CIK 0001824403 · all metrics point-in-time as of the filing date.

About

Reservoir Media, Inc. operates as a music publishing company.

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It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. Its Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. Reservoir Media, Inc.

was founded in 2007 and is headquartered in New York, New York.

Filer Category
Accelerated filerSmaller reporting company
Fiscal Year End
March 31

Price History

RSVRW-71.4% · -100.0% CAGRSPY-0.6% · -18.5% CAGR

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

0.1

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

100

Industry

Exchange

Nasdaq

Signal Flags

2 green1 yellow1 red
Revenue growth acceleratingGrowth rate increasing year over year
Deferred revenue growingRevenue and deferred revenue both growing — retention signal
Disclosure regressionA previously-disclosed line item is no longer reported — worth checking the filing for why
Operating margin decliningOperating margin lower than prior year

Quality Profile

Profitability

1/1 pass
GP / assets
0.12
Return on equity
2.2%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
1.51
Current ratio
1.31×
Net cash
-$448.49M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
2.4%

Growth

2/2 pass
Revenue growth
10.7%
Piotroski F-Score
6 / 9
Share dilution
0.5%

Terry Smith quality gate

Passes 3/5 Terry Smith thresholds

1 of 5 threshold not computable from filed data.

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Gross profitability (GP / assets)

0.12

Primary signal (Novy-Marx).

Return on equity

2.2%

Gross margin

64.7%

Revenue growth (YoY)

10.7%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

12.8%

Revenue CAGR (5Y)

17.0%

Earnings CAGR (3Y)

48.4%

FCF CAGR (3Y)

17.3%

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

1.51

Current ratio

1.31×

Quick ratio

0.95×

Net cash

-$448.49M

Cash & equivalents minus total debt.

Cash-flow health

Free cash flow

$49.66M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

4.98

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

2.4%

Stock-based comp intensity.

Piotroski F-Score

F-Score

6 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20212026
Hypergrowth
Op. Leverage
Value
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