Reservoir Media, Inc.RSVR

Market cap

$511.45M

P/E ratio

	Mar 31, 2022	Mar 31, 2023
Net income	13	3
Amortization of intangible assets	19	22
Depreciation	182,460	180,143
Share-based compensation	3	3
Non-cash interest charges	2	2
Loss on early extinguishment of debt	-	-914,040
Gain on fair value of swaps	9	3
Share of earnings of equity affiliates, net of tax	10,155	34,131
Dividend from equity affiliates	27,811	62,306
Deferred income taxes	4	5
Accounts receivable	9	6
Inventory and prepaid expenses	3	1
Royalty advances	15	10
Other assets and liabilities	-	369,722
Accounts payable and accrued liabilities	8	15
Income taxes payable	-449,676	127,491
Net cash provided by operating activities	12	31
Purchases of music catalogs	194	72
Purchase of property, plant and equipment	202,774	406,402
Net cash used for investing activities	-196,822,736	-72,231,146
Proceeds from Business Combination and PIPE Investment, net of issuance costs	141	-
Proceeds from Lines of Credit	134	42
Repayments of secured line of credit	55	-
Repayments of secured loans	19	-
Proceeds from stock option exercises	-	288,551
Taxes paid related to net share settlement of restricted stock units	-	475,880
Deferred financing costs paid	4	4
Repayments of related party loans	81	-
Draw on Related Party Loans	81	-
Net cash provided by financing activities	197	38
Foreign exchange impact on cash	-3,585,491	-346,905
(Decrease) increase in cash and cash equivalents	9	-2,912,216