SONG Stock Overview
Operates as a music performing rights organization in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Music Licensing, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.03 |
| 52 Week High | US$3,150.00 |
| 52 Week Low | US$0.018 |
| Beta | 5.48 |
| 11 Month Change | -70.00% |
| 3 Month Change | -99.33% |
| 1 Year Change | -100.00% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -100.00% |
Recent News & Updates
Recent updates
Shareholder Returns
| SONG | US Entertainment | US Market | |
|---|---|---|---|
| 7D | -70.0% | 6.2% | -1.2% |
| 1Y | -100.0% | 51.4% | 30.4% |
Return vs Industry: SONG underperformed the US Entertainment industry which returned 51.4% over the past year.
Return vs Market: SONG underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| SONG volatility | |
|---|---|
| SONG Average Weekly Movement | 52.9% |
| Entertainment Industry Average Movement | 6.8% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SONG's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: SONG's weekly volatility has decreased from 80% to 53% over the past year, but is still higher than 75% of US stocks.
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$800.24k |
| Earnings (TTM) | -US$24.22m |
| Revenue (TTM) | US$207.59m |
0.0x
P/S Ratio0.0x
P/E RatioIs SONG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SONG income statement (TTM) | |
|---|---|
| Revenue | US$207.59m |
| Cost of Revenue | US$0 |
| Gross Profit | US$207.59m |
| Other Expenses | US$231.81m |
| Earnings | -US$24.22m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.21 |
| Gross Margin | 100.00% |
| Net Profit Margin | -11.67% |
| Debt/Equity Ratio | 1,404.2% |
How did SONG perform over the long term?
See historical performance and comparison