Music Licensing (SONG)
OTHER OTC:SONG
SONG Stock Chart & Stats
$0.02
<$0.01(9.52%)
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Day’s Range― - ―
52-Week Range<$0.01 - $39,000.00
Previous CloseN/A
VolumeN/A
Average Volume (3M)0.00
Market Cap
$6.00
Enterprise Value$34.97M
Total Cash (Recent Filing)$20.00
Total Debt (Recent Filing)$34.97M
Price to Earnings (P/E)―
Beta-54.58
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding5,002
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)<0.01
Price to Sales (P/S)0.00022
P/FCF Ratio>-0.01
Enterprise Value/Market Cap5.83M
Enterprise Value/Revenue1.14
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda13.20
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Business Model StrengthSONG's business model focuses on music rights management, a niche with growing demand as digital platforms expand, providing a durable revenue base.
PartnershipsStrong partnerships with major digital and media platforms enhance SONG's market reach and revenue potential, supporting long-term growth.
Revenue StreamsEarning royalties provides a steady income stream, aligning SONG's success with the growing music consumption trend, ensuring sustainable revenue.
Bears Say
Declining RevenuesDeclining revenues indicate challenges in maintaining market position and competitiveness, potentially impacting long-term financial health.
High LeverageHigh leverage limits financial flexibility and increases risk, potentially hindering SONG's ability to invest in growth opportunities.
Negative Cash FlowsNegative cash flows indicate operational inefficiencies and challenge SONG's ability to fund operations and growth without external financing.
SONG FAQ
What was Music Licensing’s price range in the past 12 months?
Music Licensing lowest stock price was <$0.01 and its highest was $39000.00 in the past 12 months.
What is Music Licensing’s market cap?
Music Licensing’s market cap is $6.00.
When is Music Licensing’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Music Licensing’s earnings last quarter?
Currently, no data Available
Is Music Licensing overvalued?
According to Wall Street analysts Music Licensing’s price is currently Undervalued.
Does Music Licensing pay dividends?
Music Licensing does not currently pay dividends.
What is Music Licensing’s EPS estimate?
Music Licensing’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Music Licensing have?
Music Licensing has 5,002 shares outstanding.
What happened to Music Licensing’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Music Licensing?
Currently, no hedge funds are holding shares in SONG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Music Licensing
Music Licensing, Inc., previously known as Nuvus Gro Corp., specializes in providing music licensing solutions, charging clients either monthly or annually. The company collects usage fees from a wide array of entities that incorporate music, spanning traditional broadcasters like television and radio stations, major broadcast and cable networks, and modern digital platforms such as internet and streaming services, along with satellite audio providers. They also generate revenue from physical establishments like nightclubs, hotels, bars, restaurants, various other venues, digital jukeboxes, and live concert events. A primary function of the company involves distributing these collected fees as royalty payments to songwriters, composers, and music publishers. Music Licensing, Inc. was founded in 2018 and is based in Naples, Florida.