SONG Stock Overview
Operates as a music performing rights organization in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Music Licensing, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.00 |
| 52 Week High | US$47,550.00 |
| 52 Week Low | US$10.00 |
| Beta | 0 |
| 11 Month Change | 77.58% |
| 3 Month Change | -68.00% |
| 1 Year Change | -99.84% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -99.93% |
Recent News & Updates
Recent updates
Shareholder Returns
| SONG | US Entertainment | US Market | |
|---|---|---|---|
| 7D | 0% | -1.0% | 0.07% |
| 1Y | -99.8% | 23.0% | 20.7% |
Return vs Industry: SONG underperformed the US Entertainment industry which returned 23% over the past year.
Return vs Market: SONG underperformed the US Market which returned 20.7% over the past year.
Price Volatility
| SONG volatility | |
|---|---|
| SONG Average Weekly Movement | 125.9% |
| Entertainment Industry Average Movement | 6.1% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: SONG's share price has been volatile over the past 3 months.
Volatility Over Time: SONG's weekly volatility has increased from 90% to 126% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2018 | 1 | Jake Noch | promusicrights.com |
Music Licensing, Inc. operates as a music performing rights organization in the United States. The company represents songwriters, composers, and music publishers; and issues public performance licenses to businesses. It serves television and radio stations, internet/streaming services and mobile technologies, Satellite audio services, nightclubs, restaurants, bars, and other venues.
Music Licensing, Inc. Fundamentals Summary
| SONG fundamental statistics | |
|---|---|
| Market cap | US$640.19m |
| Earnings (TTM) | US$46.03m |
| Revenue (TTM) | US$1.05b |
13.9x
P/E Ratio0.6x
P/S RatioIs SONG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SONG income statement (TTM) | |
|---|---|
| Revenue | US$1.05b |
| Cost of Revenue | US$0 |
| Gross Profit | US$1.05b |
| Other Expenses | US$1.01b |
| Earnings | US$46.03m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.30 |
| Gross Margin | 100.00% |
| Net Profit Margin | 4.37% |
| Debt/Equity Ratio | 24.8% |
How did SONG perform over the long term?
See historical performance and comparison