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


What is Music Licensing Net Margin %?

Music Licensing SONG +25.00% Net Margin % is -343.41% as of Jun. 2024.

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 % is not ranked *
in the Media - Diversified industry.
Industry Median: 1.225
* Ranked among companies with meaningful Net Margin % only.

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

Music Licensing Net Margin % Historical Data

* Premium members only.

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.

Music Licensing Net Margin % Chart

Music Licensing Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
-1,070.00 0.00 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

SONG vs NFLX, DIS, LYV: Net Margin % Comparison

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 Net Margin % vs 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 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -343.41% mean?
Music Licensing (SONG) has a Net Margin % of -343.41% as of Jun. 2024. Net margin is the ratio of total net income to net sales. View historical data on Music Licensing and its competitors.
Is Music Licensing's Net Margin % too high?
Music Licensing's current Net Margin % is -343.41%.
How does Music Licensing's Net Margin % compare to NFLX and DIS?
Music Licensing's Net Margin % of -343.41% can be compared against companies in the Media - Diversified industry. The industry median Net Margin % is 1.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Media - Diversified company?
The median Net Margin % among Media - Diversified companies is 1.23, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Music Licensing and its competitors. For the Media - Diversified industry, the median Net Margin % is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Music Licensing's current Net Margin % is -343.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Music Licensing stock overvalued right now?
Music Licensing (SONG) has a current Net Margin % of -343.41%. The current Net Margin % is -343.41%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Music Licensing (SONG), the current Net Margin % is -343.41% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Music Licensing Business Description

Address 382 NE 191st Street, Miami, FL, USA, 33179
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. The group generates revenue from monthly or annual license fees. The company licenses music to some of the prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, & many others.