Announcement • 6h
Reservoir Media, Inc., Annual General Meeting, Aug 06, 2026 Reservoir Media, Inc., Annual General Meeting, Aug 06, 2026. Announcement • Jun 10
Reservoir Media, Inc. Announces Board and Committee Changes Reservoir Media, Inc. reported that on June 5, 2026, Stephen M. Cook notified the Nominating and Corporate Governance Committee of the Board of Directors of Reservoir Media, Inc. that he will not stand for re-election as a Class II director of the Company at the Company's 2026 Annual Meeting of Stockholders. Mr. Cook intended to continue to serve as a director, Chair of the Nominating and Corporate Governance Committee, and as a member of the Board's Compensation Committee until his retirement from the Board upon the expiration of his current term. Mr. Cook's decision not to stand for re-election at the 2026 Annual Meeting was not the result of any disagreement between Mr. Cook and the Company, its management, the Board or any committees thereof on any matter relating to the Company's operations, policies or practices. Reservoir Media, Inc. further reported that on June 8, 2026, the Board, upon the recommendation of the Nominating and Corporate Governance Committee, unanimously resolved to approve a slate of nominees for the 2026 Annual Meeting, which includes each of the Company's current Class II directors except for Mr. Cook, along with a new nominee: Todd C. Harvey as a Class II director of the Company, subject to the nominees' election by stockholders at the 2026 Annual Meeting. Mr. Harvey, age 61, brings extensive operational and leadership experience building and managing global consumer brands, leading organizational transformation, and driving growth across digital media, entertainment, technology, and financial services businesses. Reported Earnings • May 28
Full year 2026 earnings released: EPS: US$0.13 (vs US$0.12 in FY 2025) Full year 2026 results: EPS: US$0.13 (up from US$0.12 in FY 2025). Revenue: US$175.7m (up 11% from FY 2025). Net income: US$8.30m (up 7.1% from FY 2025). Profit margin: 4.7% (down from 4.9% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Director Helima Croft was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 14
Reservoir Media, Inc. to Report Q4, 2026 Results on May 28, 2026 Reservoir Media, Inc. announced that they will report Q4, 2026 results Pre-Market on May 28, 2026 Announcement • Mar 05
Wesbild Inc. and Richmond Hill Investments, LLC proposed to acquire remaining 34.72% stake in Reservoir Media, Inc. (NasdaqGM:RSVR) in a going private transaction for approximately $240 million. Wesbild Inc. and Richmond Hill Investments, LLC submitted a preliminary non-binding proposal to acquire remaining 34.72% stake in Reservoir Media, Inc. (NasdaqGM:RSVR) in a going private transaction for approximately $240 million on March 3, 2026. Under the terms of the acquisition, Wesbild Inc. and Richmond Hill Investments, LLC will pay a purchase price of $10.50 in cash per share. The transaction will be financed through financing obtained by or available to Richmond Hill and it intends to obtain the requisite financing from premier institutional investors.
The transaction is subject to approval of the Board and the Special Committee of Reservoir Media, Inc and the satisfaction of any conditions to the consummation of a transaction set forth in any such definitive agreement, including receipt of all necessary regulatory approvals. The Proposal is not subject to Richmond Hill's ability to obtain financing and is not subject to a financing condition or contingency. The Board of Directors of Reservoir Media, Inc. formed a special committee for the transaction.
Chapman & Cutler LLP acted as legal advisor to Richmond Hill Investments, LLC. Kirkland & Ellis LLP acted as legal advisor to Wesbild Inc. Announcement • Jan 21
Reservoir Media, Inc. to Report Q3, 2026 Results on Feb 04, 2026 Reservoir Media, Inc. announced that they will report Q3, 2026 results Pre-Market on Feb 04, 2026 Announcement • Oct 21
Reservoir Media, Inc. to Report Q2, 2026 Results on Nov 04, 2025 Reservoir Media, Inc. announced that they will report Q2, 2026 results Pre-Market on Nov 04, 2025 Announcement • Jul 22
Reservoir Media, Inc. to Report Q1, 2026 Results on Aug 05, 2025 Reservoir Media, Inc. announced that they will report Q1, 2026 results Pre-Market on Aug 05, 2025 Announcement • May 14
Reservoir Media, Inc. to Report Q4, 2025 Results on May 28, 2025 Reservoir Media, Inc. announced that they will report Q4, 2025 results Pre-Market on May 28, 2025 Announcement • Feb 08
Reservoir Media, Inc. Raises Revenue Guidance for Fiscal Year 2025 Reservoir Media, Inc. raised revenue guidance for fiscal year 2025. For the period, the company expects Revenue in the range of $155 million to $158 million. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: US$0.003 (vs US$0.008 in 2Q 2024) Second quarter 2025 results: EPS: US$0.003 (down from US$0.008 in 2Q 2024). Revenue: US$40.7m (up 5.9% from 2Q 2024). Net income: US$185.0k (down 65% from 2Q 2024). Profit margin: 0.5% (down from 1.4% in 2Q 2024). Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Entertainment industry in Germany. Announcement • Oct 16
Reservoir Media, Inc. to Report Q2, 2025 Results on Oct 30, 2024 Reservoir Media, Inc. announced that they will report Q2, 2025 results Pre-Market on Oct 30, 2024 Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Director Helima Croft was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 18
Reservoir Media, Inc. to Report Q1, 2025 Results on Jul 31, 2024 Reservoir Media, Inc. announced that they will report Q1, 2025 results Pre-Market on Jul 31, 2024 Announcement • Jun 26
Reservoir Media, Inc., Annual General Meeting, Aug 08, 2024 Reservoir Media, Inc., Annual General Meeting, Aug 08, 2024. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: US$0.01 (vs US$0.039 in FY 2023) Full year 2024 results: EPS: US$0.01 (down from US$0.039 in FY 2023). Revenue: US$144.9m (up 19% from FY 2023). Net income: US$644.9k (down 75% from FY 2023). Profit margin: 0.4% (down from 2.1% in FY 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany. Announcement • Jun 02
Reservoir Media, Inc. Provides Earnings Guidance for the Year Ending March 31, 2025 Reservoir Media, Inc. provided earnings guidance for the year ending March 31, 2025. For the year, the company expects revenue to be in the range of $148 million to $152 million. Announcement • May 18
Reservoir Media, Inc. to Report Q4, 2024 Results on May 30, 2024 Reservoir Media, Inc. announced that they will report Q4, 2024 results Pre-Market on May 30, 2024 Buy Or Sell Opportunity • May 14
Now 67% undervalued after recent price drop Over the last 90 days, the stock has fallen 100% to €0.0005. The fair value is estimated to be €0.0015, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 46%. Revenue is forecast to grow by 3.9% in a year. Earnings are forecast to grow by 2,349% in the next year. New Risk • Feb 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Recent Insider Transactions • Feb 23
Founder recently bought €542k worth of stock On the 21st of February, Golnar Khosrowshahi bought around 83k shares on-market at roughly €6.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Golnar's only on-market trade for the last 12 months. Reported Earnings • Feb 08
Third quarter 2024 earnings released: US$0.046 loss per share (vs US$0.068 loss in 3Q 2023) Third quarter 2024 results: US$0.046 loss per share (improved from US$0.068 loss in 3Q 2023). Revenue: US$35.5m (up 19% from 3Q 2023). Net loss: US$2.96m (loss narrowed 33% from 3Q 2023). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Entertainment industry in Germany. Announcement • Jan 26
Reservoir Media, Inc. to Report Q3, 2024 Results on Feb 07, 2024 Reservoir Media, Inc. announced that they will report Q3, 2024 results Pre-Market on Feb 07, 2024 Announcement • Dec 21
Irenic Capital Management Seeks to Engage in a Dialogue with Reservoir Media On December 20, 2023, Irenic Capital Management LP announced that it will seek to engage in a dialogue with Reservoir Media, Inc.'s Board of Directors and/or management about strategic opportunities to maximize shareholder value, including transactions in which Irenic Capital Management may seek to participate and potentially engage in, as an acquirer, investor and/or financing source. Announcement • Nov 10
Reservoir Media, Inc. Raises Financial Guidance for the Fiscal Year March 31, 2024 Reservoir Media, Inc. raised financial guidance for the fiscal year March 31, 2024. For the year, the company now expects revenue to be in the range of $133 million - $137 million. Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: US$0.008 (vs US$0.071 in 2Q 2023) Second quarter 2024 results: EPS: US$0.008 (down from US$0.071 in 2Q 2023). Revenue: US$38.4m (up 15% from 2Q 2023). Net income: US$535.4k (down 88% from 2Q 2023). Profit margin: 1.4% (down from 14% in 2Q 2023). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Entertainment industry in Germany. Announcement • Oct 25
Reservoir Media, Inc. to Report Q2, 2024 Results on Nov 07, 2023 Reservoir Media, Inc. announced that they will report Q2, 2024 results Pre-Market on Nov 07, 2023 Recent Insider Transactions • Aug 17
Independent Chairman of the Board recently bought €137k worth of stock On the 15th of August, Ezra Field bought around 28k shares on-market at roughly €4.88 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ezra's only on-market trade for the last 12 months. Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: US$0.004 (vs US$0.001 in 1Q 2023) First quarter 2024 results: EPS: US$0.004 (up from US$0.001 in 1Q 2023). Revenue: US$31.8m (up 31% from 1Q 2023). Net income: US$277.3k (up 265% from 1Q 2023). Profit margin: 0.9% (up from 0.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Entertainment industry in Germany. Announcement • Jul 22
Reservoir Media, Inc. to Report Q1, 2024 Results on Aug 02, 2023 Reservoir Media, Inc. announced that they will report Q1, 2024 results Pre-Market on Aug 02, 2023 Announcement • Jul 01
Reservoir Media, Inc., Annual General Meeting, Aug 10, 2023 Reservoir Media, Inc., Annual General Meeting, Aug 10, 2023, at 12:00 US Eastern Standard Time. Agenda: To consider the election of three Class II Directors named in the proxy statement; to consider the ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending March 31, 2024; and to consider the transaction of such other business as may properly come before the meeting, or any adjournment or postponement thereof. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: US$0.039 (vs US$0.23 in FY 2022) Full year 2023 results: EPS: US$0.039 (down from US$0.23 in FY 2022). Revenue: US$122.3m (up 13% from FY 2022). Net income: US$2.54m (down 79% from FY 2022). Profit margin: 2.1% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Entertainment industry in Germany. Announcement • Jun 01
Reservoir Media, Inc. Expects Financial Results for the Year Ending March 31, 2024 Reservoir Media, Inc. expected the financial results for the year ending March 31, 2024. For the period, The company expects Revenue $127 Million - $132 Million and growth range to be 6%. Announcement • May 19
Reservoir Media, Inc. to Report Q4, 2023 Results on May 31, 2023 Reservoir Media, Inc. announced that they will report Q4, 2023 results Pre-Market on May 31, 2023 Reported Earnings • Feb 10
Third quarter 2023 earnings released: US$0.068 loss per share (vs US$0.018 profit in 3Q 2022) Third quarter 2023 results: US$0.068 loss per share (down from US$0.018 profit in 3Q 2022). Revenue: US$29.9m (up 16% from 3Q 2022). Net loss: US$4.41m (down 472% from profit in 3Q 2022). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Entertainment industry in Germany. Announcement • Feb 09
Reservoir Media, Inc. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2023 Reservoir Media, Inc. provided earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects revenue to be in the range of $120 million to $122 million. Announcement • Jan 26
Reservoir Media, Inc. to Report Q3, 2023 Results on Feb 08, 2023 Reservoir Media, Inc. announced that they will report Q3, 2023 results Pre-Market on Feb 08, 2023 Buying Opportunity • Nov 18
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 9.4%. The fair value is estimated to be €7.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 8.8%. Revenue is forecast to grow by 7.4% in a year. Earnings is forecast to decline by 25% in the next year. Board Change • Nov 16
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. Independent Director Stephen Cook is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: US$0.071 (vs US$0.078 in 2Q 2022) Second quarter 2023 results: EPS: US$0.071. Revenue: US$33.3m (up 9.3% from 2Q 2022). Net income: US$4.54m (up 8.4% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Entertainment industry in Germany. Announcement • Nov 09
Reservoir Media, Inc. Provides Revenue Guidance for the Fiscal Year 2023 Reservoir Media, Inc. provided revenue guidance for the fiscal year 2023. For the year, the company expects revenue $118 million - $122 million. Announcement • Oct 26
Reservoir Media, Inc. to Report Q2, 2023 Results on Nov 08, 2022 Reservoir Media, Inc. announced that they will report Q2, 2023 results on Nov 08, 2022 Recent Insider Transactions • Aug 13
Independent Chairman of the Board recently bought €96k worth of stock On the 9th of August, Ezra Field bought around 13k shares on-market at roughly €7.42 per share. In the last 3 months, there was an even bigger purchase from another insider worth €156k. Ezra has been a buyer over the last 12 months, purchasing a net total of €239k worth in shares. Reported Earnings • Aug 06
First quarter 2023 earnings released: EPS: US$0.001 (vs US$9.64 loss in 1Q 2022) First quarter 2023 results: EPS: US$0.001 (up from US$9.64 loss in 1Q 2022). Revenue: US$24.3m (up 45% from 1Q 2022). Net income: US$76.0k (up US$1.48m from 1Q 2022). Profit margin: 0.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 5.9%, compared to a 130% growth forecast for the industry in Germany. Announcement • Aug 06
Reservoir Media, Inc. Reaffirms Earnings Guidance for Fiscal Year 2023 Reservoir Media, Inc. reaffirmed its previously provided earnings guidance for fiscal year 2023. For the period, the company expects revenue in the range of $116 million to $121 million. Announcement • Jul 26
Reservoir Media, Inc. to Report Q1, 2023 Results on Aug 05, 2022 Reservoir Media, Inc. announced that they will report Q1, 2023 results Pre-Market on Aug 05, 2022 Announcement • Jul 06
Reservoir Media, Inc., Annual General Meeting, Aug 15, 2022 Reservoir Media, Inc., Annual General Meeting, Aug 15, 2022, at 09:00 US Eastern Standard Time. Agenda: To consider the election of three Class I Directors named in the proxy statement; to consider the ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending March 31, 2023; and to consider the transaction of such other business as may properly come before the meeting, or any adjournment or postponement thereof. Announcement • Jul 01
Golnar Khosrowshahi Joins New York Philharmonic Board of Directors Reservoir Media, Inc. announced that its Founder and CEO Golnar Khosrowshahi is joining the New York Philharmonic Board of Directors. Effective immediately, Khosrowshahi will join fellow board members in providing oversight and enabling the New York Philharmonic to continue to grow and share music at a global scale. Recent Insider Transactions • Jun 24
Director recently bought €143k worth of stock On the 23rd of June, Ezra Field bought around 23k shares on-market at roughly €6.20 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.4m more in shares than they have sold in the last 12 months. Board Change • Jun 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Helima Croft was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.