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Music Licensing Inc (SONGD)
OTHER OTC:SONGD
SONGD Stock Chart & Stats
$4.93
$0.00(0.00%)
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Day’s Range― - ―
52-Week Range$0.08 - $229,950,000.00
Previous CloseN/A
VolumeN/A
Average Volume (3M)0.00
Market Cap
$24.66K
Enterprise Value$35.13M
Total Cash (Recent Filing)$20.00
Total Debt (Recent Filing)$35.12M
Price to Earnings (P/E)―
Beta-56.87
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 Ratio0.00
Price to Book (P/B)0.11
Price to Sales (P/S)0.00523
P/FCF Ratio-116.20
Enterprise Value/Market Cap1.42K
Enterprise Value/Revenue1.68
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda11.94
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.
SONGD FAQ
What was Music Licensing Inc’s price range in the past 12 months?
Music Licensing Inc lowest stock price was $0.08 and its highest was $229950000.00 in the past 12 months.
What is Music Licensing Inc’s market cap?
Music Licensing Inc’s market cap is $24.66K.
When is Music Licensing Inc’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Music Licensing Inc’s earnings last quarter?
Currently, no data Available
Is Music Licensing Inc overvalued?
According to Wall Street analysts Music Licensing Inc’s price is currently Undervalued.
Does Music Licensing Inc pay dividends?
Music Licensing Inc does not currently pay dividends.
What is Music Licensing Inc’s EPS estimate?
Music Licensing Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Music Licensing Inc have?
Music Licensing Inc has 5,002 shares outstanding.
What happened to Music Licensing Inc’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Music Licensing Inc?
Currently, no hedge funds are holding shares in SONGD
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 Inc
Music Licensing, Inc. operates as a music performing rights organization in the United States. The company represents songwriters, composers, and music publishers; and issues public performance licenses to businesses. It serves television and radio stations, internet/streaming services and mobile technologies, Satellite audio services, nightclubs, restaurants, bars, and other venues. The company was founded in 2018 and is based in Naples, Florida.