SONG (Music Licensing) Total Operating Expense: $48.1 Mil (TTM As of Jun. 2024)


What is Music Licensing Total Operating Expense?

Music Licensing SONG Total Operating Expense is $48.1 Mil as of Jun. 2024.

Music Licensing's Total Operating Expense for the three months ended in Jun. 2024 was $32.4 Mil. Music Licensing's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 was $48.1 Mil.

Music Licensing Total Operating Expense Related Terms

Music Licensing Total Operating Expense Historical Data

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The historical data trend for Music Licensing's Total Operating Expense 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 Total Operating Expense Chart

Music Licensing Annual Data
Trend Dec21 Dec22 Dec23
Total Operating Expense
0.21 0.00 12.61

Music Licensing Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Operating Expense Get a 7-Day Free Trial 87.54 12.08 0.42 3.22 32.39

Music Licensing Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $48.1 Mil.

* 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.

What does a Total Operating Expense of $48.1 Mil mean?
Music Licensing (SONG) has a Total Operating Expense of $48.1 Mil as of Jun. 2024. Total operating expense is the primary recurring expense associated with central operations. View historical data on Music Licensing and its competitors.
Is Music Licensing's Total Operating Expense too high?
Music Licensing's current Total Operating Expense is $48.1 Mil.
How does Music Licensing's Total Operating Expense compare to NFLX and DIS?
Music Licensing's Total Operating Expense of $48.1 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Media - Diversified company?
A good Total Operating Expense depends on the Media - Diversified industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Music Licensing and its competitors. Music Licensing's current Total Operating Expense is $48.1 Mil. 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 Total Operating Expense of $48.1 Mil. The current Total Operating Expense is $48.1 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Music Licensing (SONG), the current Total Operating Expense is $48.1 Mil 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.