Core Viewpoint - Reservoir Media, Inc. will announce its financial results for the fourth fiscal quarter and fiscal year 2024 on May 30, 2024, before market open [1] Financial Results Announcement - The financial results will be discussed in a conference call at 10 a.m. Eastern Daylight Time on the same day [2] - A live audio webcast of the discussion will be available on the Company's Investor Relations website, with an archived version accessible later [2] Participation Details - Interested parties can register for the conference call to receive a dial-in number and PIN [3] - Participants are advised to log in approximately 10 minutes before the call starts [3] Company Overview - Reservoir Media is an independent music company based in New York City, with additional offices in Los Angeles, Nashville, Toronto, London, and Abu Dhabi [4] - It is the first female-founded and led publicly traded independent music company in the U.S., founded in 2007 [4] - The company represents over 150,000 copyrights and 36,000 master recordings, with titles dating back to 1900 and numerous 1 releases worldwide [4] - Reservoir frequently holds a Top 10 U.S. Market Share according to Billboard's Publishers Quarterly and has received multiple awards for its achievements in the music industry [4]

Reservoir Media, Inc. (NASDAQ:RSVR) Q3 2024 Earnings Call Transcript February 7, 2024 10:00 AM ET Company Participants Jackie Marcus - IR, Alpha IR Group Golnar Khosrowshahi - Founder and CEO Jim Heindlmeyer - CFO Conference Call Participants Richard Baldry - ROTH MKM Alex Fuhrman - Craig-Hallum Dan Day - B. Riley Securities Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Reservoir Media's financial results for the third quarter of fiscal year 2024 ende ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39795 RESERVOIR MEDIA, INC. (Exact name of registrant as specified in its charter) (State or other jurisdicti ...

Reservoir Media, Inc. (NASDAQ:RSVR) Q2 2024 Results Conference Call November 7, 2023 10:00 AM ET Company Participants Jackie Marcus - Alpha IR Group Golnar Khosrowshahi - Founder and CEO Jim Heindlmeyer - CFO Conference Call Participants Dan Day - B. Riley Securities Richard Baldry - ROTH Capital Alex Fuhrman - Craig-Hallum Capital Group Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Reservoir Media's Financial Results for the second quarter of fiscal ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39795 RESERVOIR MEDIA, INC. (Exact name of registrant as specified in its charter) (State or other jurisdict ...

Financial Data and Key Metrics Changes - Revenue for Q1 2024 was $31.8 million, representing a 31% increase year-over-year [8] - Adjusted EBITDA increased by 36% to $10.1 million, while OIBDA rose 38% to $9.2 million [9] - Net income for Q1 2024 was approximately $165,000, compared to $17,000 in Q1 2023, resulting in diluted earnings per share of zero [29] Business Line Data and Key Metrics Changes - Music Publishing generated revenue of $20.8 million, a 26% increase from the previous year, driven by strong digital and performance revenues [10] - Recorded Music segment revenue was $10.4 million, a 37% increase year-over-year, with physical revenue increasing by 176% [30] Market Data and Key Metrics Changes - The adoption of the new CRB 4 rates, with a headline rate of 15.15%, significantly impacted revenue recognition from mechanical royalties [5] - The company noted strong demand trends for streaming music globally, evidenced by higher-than-expected subscriber numbers from platforms like Spotify [5] Company Strategy and Development Direction - The company is focused on expanding its roster of creators across genres and geographies, with notable acquisitions including catalogs from The Spinners and a joint venture with a Saudi Arabian hip-hop label [6] - The company aims to maintain a disciplined approach to capital deployment to drive top-line growth and margin expansion [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory of the global music industry and the company's positioning to capitalize on it [5] - The company is maintaining its revenue guidance range of $127 million to $132 million for fiscal 2024, indicating a 6% increase at the midpoint compared to fiscal 2023 [31] Other Important Information - The company reported a total liquidity of $130.5 million, with $331.8 million in credit facilities and $325.8 million in total debt [11] - Employee retention rates are high, with 100% retention at the senior management level and 87% overall in the U.S. [25] Q&A Session All Questions and Answers Question: What has driven the margin performance and how will price increases from streaming services impact revenue and margins? - Management noted that the margin expansion was anticipated due to operating leverage in the business, and price increases from streaming services are expected to flow through to revenue in a linear manner [35] Question: How does the company view seasonality in earnings and guidance? - Management indicated that they are refining accruals to smooth earnings and are conservatively holding guidance while looking to see how the first half of the year unfolds [55] Question: What is the outlook for M&A activity and the funding environment? - The company has a robust $2 billion pipeline for M&A and is not seeing significant contraction in pricing, maintaining strong relationships with banks for capital access [40][56]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39795 RESERVOIR MEDIA, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39795 RESERVOIR MEDIA, INC. (Exact name of registrant as specified in its charter) Delaware 83-3584204 (State or othe ...

Reservoir Media, Inc. (NASDAQ:RSVR) Q4 2023 Earnings Conference Call May 31, 2023 10:00 AM ET Company Participants Jackie Marcus - Managing Director, Alpha IR Group Golnar Khosrowshahi - Founder and Chief Executive Officer Jim Heindlmeyer - Chief Financial Officer Conference Call Participants Richard Baldry - ROTH MKM Alex Fuhrman - Craig-Hallum Capital Group, LLC Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Reservoir Media's Financial Results for th ...

Reservoir Media, Inc. (NASDAQ:RSVR) Q3 2023 Earnings Conference Call February 8, 2023 10:00 AM ET Company Participants Jacqueline Marcus - IR Golnar Khosrowshahi - Founder and CEO Jim Heindlmeyer - CFO Conference Call Participants Richard Baldry - ROTH Dan Day - B. Riley Alex Fuhrman - Craig-Hallum Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Reservoir Media's Financial Results for the Third Quarter of Fiscal Year 2023 ended December 31, 2022. [Opera ...