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Music Licensing OTCPK:SONG Stock Report

Last Price

US$32.00

Market Cap

US$51.4k

7D

113.3%

1Y

-99.8%

Updated

14 Jun, 2024

Data

Company Financials

SONG Stock Overview

Operates as a music performing rights organization in the United States.

SONG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends0/6

Music Licensing, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Music Licensing
Historical stock prices
Current Share PriceUS$32.00
52 Week HighUS$47,550.00
52 Week LowUS$10.00
Beta0
1 Month Change-36.00%
3 Month Change-36.00%
1 Year Change-99.82%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.93%

Recent News & Updates

Recent updates

Shareholder Returns

SONGUS EntertainmentUS Market
7D113.3%0.9%1.2%
1Y-99.8%21.1%20.6%

Return vs Industry: SONG underperformed the US Entertainment industry which returned 18.6% over the past year.

Return vs Market: SONG underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is SONG's price volatile compared to industry and market?
SONG volatility
SONG Average Weekly Movement117.0%
Entertainment Industry Average Movement6.2%
Market Average Movement5.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

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 88% to 117% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20181Jake Nochpromusicrights.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

How do Music Licensing's earnings and revenue compare to its market cap?
SONG fundamental statistics
Market capUS$51.36k
Earnings (TTM)US$46.03m
Revenue (TTM)US$1.05b

0.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SONG income statement (TTM)
RevenueUS$1.05b
Cost of RevenueUS$0
Gross ProfitUS$1.05b
Other ExpensesUS$1.01b
EarningsUS$46.03m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)28.68k
Gross Margin100.00%
Net Profit Margin4.37%
Debt/Equity Ratio24.8%

How did SONG perform over the long term?

See historical performance and comparison
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