SONG (Music Licensing) Net Margin % : -343.41% (As of Jun. 2024)

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What is Music Licensing Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Music Licensing's Net Income for the three months ended in Jun. 2024 was $-25.1 Mil. Music Licensing's Revenue for the three months ended in Jun. 2024 was $7.3 Mil. Therefore, Music Licensing's net margin for the quarter that ended in Jun. 2024 was -343.41%.

The historical rank and industry rank for Music Licensing's Net Margin % or its related term are showing as below:

SONG' s Net Margin % Range Over the Past 10 Years
Min: -1070 Med: -532.82 Max: 4.37
Current: -15.5

SONG's Net Margin % is ranked worse than
75.29% of 1028 companies
in the Media - Diversified industry
Industry Median: 1.03 vs SONG: -15.50

Music Licensing Net Margin % Historical Data

The historical data trend for Music Licensing's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Music Licensing Net Margin % Chart

Music Licensing Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

-1,070.00

4.37

Music Licensing Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Net Margin %	Get a 7-Day Free Trial			6.15	-5.55	5.89	-22.67	-343.41

Competitive Comparison of Music Licensing's Net Margin %

For the Entertainment subindustry, Music Licensing's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Music Licensing's Net Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Music Licensing's Net Margin % distribution charts can be found below:

* The bar in red indicates where Music Licensing's Net Margin % falls into.

Music Licensing Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Music Licensing's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	46.033	/	1052.275
	=	4.37 %

Music Licensing's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin	=	Net Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	-25.134	/	7.319
	=	-343.41 %

Music Licensing (OTCPK:SONG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Music Licensing Net Margin % Related Terms

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Music Licensing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Licensing Inc (OTCPK:SONG) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3811 Airport Pulling Rd N, Suite 203, Naples, FL, USA, 34105-2512

Website

https://www.promusicrights.com

Music Licensing Inc is an operator of a public performance rights organization. The group is a music performing rights organization that represents songwriters, composers, and music publishers and issues public performance licenses to businesses. Its customers include television and radio stations, internet/streaming services and mobile technologies, Satellite audio services like XM and Sirius, nightclubs, restaurants, bars, and other venues.