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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Revenues $ 45,567,879 $ 42,303,716 $ 128,167,223 $ 117,287,952
Costs and expenses:        
Cost of revenue 16,197,952 15,068,042 45,922,872 43,180,529
Amortization and depreciation 7,789,274 6,713,621 22,659,874 19,528,397
Administration expenses 11,253,191 10,964,096 33,123,780 29,937,510
Total costs and expenses 35,240,417 32,745,759 101,706,526 92,646,436
Operating income 10,327,462 9,557,957 26,460,697 24,641,516
Interest expense (6,584,013) (5,776,861) (19,621,628) (15,796,667)
(Loss) gain on foreign exchange (88,508) (76,431) 619,896 (172,242)
(Loss) gain on fair value of swaps (270,380) 3,084,761 (1,583,543) (2,532,441)
Other (expense) income, net (103,113) 509,263 (357,596) 410,774
Income before income taxes 3,281,448 7,298,689 5,517,826 6,550,940
Income tax expense 1,078,418 1,987,150 1,754,665 1,540,589
Net income 2,203,030 5,311,539 3,763,161 5,010,351
Net (income) loss attributable to noncontrolling interests (7,045) (67,448) 135,006 72,100
Net income attributable to Reservoir Media, Inc. $ 2,195,985 $ 5,244,091 $ 3,898,167 $ 5,082,451
Earnings per common share (Note 13):        
Basic (in dollars per share) $ 0.03 $ 0.08 $ 0.06 $ 0.08
Diluted (in dollars per share) $ 0.03 $ 0.08 $ 0.06 $ 0.08
Weighted average common shares outstanding (Note 13):        
Basic (in shares) 65,600,855 65,240,858 65,512,938 65,133,225
Diluted (in shares) 66,331,466 66,106,474 66,217,667 65,906,440