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Music Licensing OTCPK:SONG Stock Report

Last Price

US$10.00

Market Cap

US$200.1m

7D

-13.0%

1Y

-99.9%

Updated

20 Jul, 2024

Data

Company Financials

Music Licensing, Inc.

OTCPK:SONG Stock Report

Market Cap: US$200.1m

SONG Stock Overview

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

SONG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
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$10.00
52 Week HighUS$17,500.00
52 Week LowUS$2.00
Beta0
11 Month Change-68.75%
3 Month Change-90.00%
1 Year Change-99.90%
33 Year Changen/a
5 Year Changen/a
Change since IPO-99.98%

Recent News & Updates

Recent updates

Shareholder Returns

SONGUS EntertainmentUS Market
7D-13.0%-2.0%-1.9%
1Y-99.9%18.3%19.4%

Return vs Industry: SONG underperformed the US Entertainment industry which returned 18.3% over the past year.

Return vs Market: SONG underperformed the US Market which returned 19.4% over the past year.

Price Volatility

Is SONG's price volatile compared to industry and market?
SONG volatility
SONG Average Weekly Movement135.2%
Entertainment Industry Average Movement6.1%
Market Average Movement5.9%
10% most volatile stocks in US Market14.9%
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 89% to 135% 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$200.06m
Earnings (TTM)-US$17.37m
Revenue (TTM)US$399.52m

0.5x

P/S Ratio

-11.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SONG income statement (TTM)
RevenueUS$399.52m
Cost of RevenueUS$0
Gross ProfitUS$399.52m
Other ExpensesUS$416.89m
Earnings-US$17.37m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.87
Gross Margin100.00%
Net Profit Margin-4.35%
Debt/Equity Ratio56.6%

How did SONG perform over the long term?

See historical performance and comparison
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