See more : GigCapital4, Inc. (GIG) Income Statement Analysis – Financial Results
Complete financial analysis of Music Licensing, Inc. (SONG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Music Licensing, Inc., a leading company in the Entertainment industry within the Communication Services sector.
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Music Licensing, Inc. (SONG)
About Music Licensing, Inc.
Nuvus Gro Corp. provides monthly and annual fee based music licensing services. It collects usage fees from businesses that use music, including television and radio stations; broadcast and cable networks; new media, including internet and streaming services; satellite audio services; nightclubs, hotels, bars, restaurants, and other venues; digital jukeboxes; and live concerts. The company also distributes the usage fees as royalties to the songwriters, composers, and music publishers. Nuvus Gro Corp. was founded in 2018 and is based in Naples, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.05B | 41.60K | 20.10K | 749.00 | 0.00 | 0.00 | 329.90K | 26.65K | 76.21K | 130.22K |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 501.04K | 9.33M | 51.01K | 109.40K |
| Gross Profit | 1.05B | 41.60K | 20.10K | 749.00 | 0.00 | 0.00 | -171.14K | -9.31M | 25.21K | 20.81K |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | -51.88% | -34,933.55% | 33.08% | 15.98% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 816.15K | 748.34K |
| General & Administrative | 12.57M | 418.96K | 174.80K | 25.51K | 211.88K | 17.55K | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 4.28K | 14.19K | 15.00K | 0.00 | 50.76K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.01B | 433.16K | 189.80K | 25.51K | 443.59K | 17.55K | 3.11M | 346.52K | 96.00K | 96.00K |
| Other Expenses | 0.00 | -10.11K | -25.55K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 1.01B | 444.09K | 208.06K | 25.51K | 443.59K | 18.68K | 3.11M | 346.52K | 912.15K | 844.34K |
| Cost & Expenses | 1.01B | 444.09K | 208.06K | 25.51K | 443.59K | 18.68K | 3.61M | 9.68M | 963.16K | 953.74K |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.60K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.67K | 810.00 | 3.24K |
| Depreciation & Amortization | -46.03M | 402.50K | 187.96K | 24.76K | 443.59K | 18.68K | 0.00 | 58.87K | 0.00 | 0.00 |
| EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.38M | -9.72M | -1.00M | -823.53K |
| EBITDA Ratio | 0.00% | -1,789.07% | -935.06% | -3,305.74% | 0.00% | 0.00% | -993.31% | -36,013.10% | -1,163.75% | -632.43% |
| Operating Income | 46.03M | -402.50K | -187.96K | -24.76K | -443.59K | -18.68K | -3.28M | -9.65M | -886.94K | -823.52K |
| Operating Income Ratio | 4.37% | -967.63% | -935.06% | -3,305.74% | 0.00% | 0.00% | -993.31% | -36,234.04% | -1,163.75% | -632.43% |
| Total Other Income/Expenses | 2.00 | 341.69K | -25.55K | 0.00 | 4.00 | 0.00 | -105.74K | -125.35K | -115.28K | -3.25K |
| Income Before Tax | 46.03M | -60.81K | -213.50K | -24.76K | -443.59K | -18.68K | -3.38M | -9.78M | -1.00M | -826.77K |
| Income Before Tax Ratio | 4.37% | -146.20% | -1,062.16% | -3,305.21% | 0.00% | 0.00% | -1,025.36% | -36,704.47% | -1,315.01% | -634.92% |
| Income Tax Expense | 0.00 | -570.17K | -187.96K | -24.76K | -443.59K | 0.00 | 0.00 | -4.00 | 0.00 | 0.00 |
| Net Income | 46.03M | -60.81K | -213.50K | -24.76K | -443.59K | -18.68K | -3.38M | -9.78M | -1.00M | -826.77K |
| Net Income Ratio | 4.37% | -146.20% | -1,062.16% | -3,305.21% | 0.00% | 0.00% | -1,025.36% | -36,704.47% | -1,315.01% | -634.92% |
| EPS | 28.68K | -8.53 | -29.93 | -3.47 | -4.01K | 0.00 | -30.36K | -90.75K | -5.51M | -17.31 |
| EPS Diluted | 28.68K | -8.53 | -29.93 | -3.47 | -4.01K | 0.00 | -30.36K | -90.75K | -5.51M | -17.31 |
| Weighted Avg Shares Out | 1.61K | 7.13K | 7.13K | 7.13K | 110.65 | 0.00 | 111.41 | 107.77 | 0.18 | 47.76K |
| Weighted Avg Shares Out (Dil) | 1.61K | 7.13K | 7.13K | 7.13K | 110.65 | 0.00 | 111.41 | 107.77 | 0.18 | 47.76K |
Music Licensing, Inc. Announces Licensing Enforcement & Collection Litigation Campaign, and Common Stock Buyback Program
Naples, Florida--(Newsfile Corp. - November 15, 2023) - Music Licensing, Inc. (OTC Pink: SONG), a leading player in the music licensing industry, today announced the commencement of a licensing enforcement and collection litigation campaign, coupled with the launch of a...
Music Licensing, Inc. Announces Strategic Initiative Led by CEO Jake P. Noch: "No New Common Stock Issuance Until at Least 2024"
Naples, FL, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC:SONG) proudly announces a strategic move led by its Chief Executive Officer and Chairman of the Board of Directors, Jake P. Noch. In a visionary step towards enhancing shareholder...
Music Licensing, Inc. (OTC:SONG) Celebrates Remarkable Achievement: CEO Jake P. Noch Commits to Cancelling 59.9% of Outstanding Shares, Enhancing Shareholder Value!
Naples, FL, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a beacon of innovation in the music industry, proudly announces a momentous commitment from our CEO, Jake P. Noch. Following the cancellation of an astounding 1,566,945,290 common...
Music Licensing, Inc. (OTC: SONG) Announces Further Share Cancellation by CEO Jake P. Noch, Paving the Way for Enhanced Shareholder Value
Naples, FL, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a leading player in the music licensing industry, is excited to announce that Chief Executive Officer Jake P. Noch is taking yet another significant step towards increasing...
Music Licensing Inc. (OTC: SONG) and Pro Music Rights, Inc. Introduce Enhanced Licensing Fee to Combat Antisemitism and Terrorism in Educational Institutions
Naples, FL, Oct. 27, 2023 (GLOBE NEWSWIRE) -- In a bold move to promote tolerance, peace, and understanding, Music Licensing Inc. (OTC: SONG) and its wholly owned subsidiary, Pro Music Rights, Inc., have announced the implementation of a stringent new...
Music Licensing, Inc. (OTC:SONG) Announces CEO's Strategic Initiative to Enhance Shareholder Value
Naples, FL, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a leading player in the music industry, today announced a significant strategic initiative aimed at enhancing shareholder value. The company's CEO, Jake P. Noch, is actively exploring...
Music Licensing, Inc. (OTC: SONG) Pursues $386.6 Million in Damages from OTC Link LLC, a Wholly-Owned Subsidiary of OTC Markets Group (OTC: OTCM), Holding Firm in Pursuit of Accountability
Naples, FL, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), an influential presence in the Music Industry, remains unwavering in its pursuit of justice within the financial markets. The company is vigorously pursuing $386,574,108.25 USD in damages...
Music Licensing, Inc. (OTC: SONG) Provides Update on Form 211 Submission
Naples, Florida, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a leading figure in the music licensing industry, is pleased to announce a significant development in its ongoing efforts to enhance transparency and strengthen regulatory compliance. The...
Music Licensing, Inc. (OTC:SONG) Unveils Strategic Initiatives to Elevate Shareholder Value and Market Position
Naples FL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC:SONG) is pleased to announce a series of transformative initiatives aimed at fortifying shareholder value and bolstering our standing within the Music Licensing sector.
TikTok, Warner Music Group to partner in music licensing deal
Warner Music Group , the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna, has signed a licensing deal with Chinese short-video app TikTok to boost its social media revenues.
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