Music Licensing, Inc. (SONG)

Music Licensing Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	128.87	1,052	0.04	0.02	0
Revenue Growth (YoY)	-87.75%	2529649.47%	106.94%	2583.71%	-
Cost of Revenue	12	12	-	-	-
Gross Profit	116.87	1,040	0.04	0.02	0
Selling, General & Admin	0.63	0.61	0.43	0.2	0.03
Other Operating Expenses	0.03	-	0.01	0.01	-
Operating Expenses	171.06	994.24	0.44	0.21	0.03
Operating Income	-54.19	46.03	-0.4	-0.19	-0.02
Other Non Operating Income (Expenses)	-0.23	0	-	-0.03	-
EBT Excluding Unusual Items	-54.42	46.03	-0.4	-0.21	-0.02
Other Unusual Items	-	-	0.34	-	-
Pretax Income	-54.42	46.03	-0.06	-0.21	-0.02
Net Income	-54.42	46.03	-0.06	-0.21	-0.02
Net Income to Common	-54.42	46.03	-0.06	-0.21	-0.02
Shares Outstanding (Basic)	0	-	-	1,410	-
Shares Outstanding (Diluted)	0	-	-	1,410	-
EPS (Basic)	-4534.13	-	-	-0.00	-
EPS (Diluted)	-4534.13	-	-	-0.00	-
Gross Margin	90.69%	98.86%	100.00%	100.00%	100.00%
Operating Margin	-42.05%	4.38%	-967.63%	-935.06%	-3305.21%
Profit Margin	-42.23%	4.38%	-146.20%	-1062.16%	-3305.21%
EBIT	-54.19	46.03	-0.4	-0.19	-0.02
EBIT Margin	-42.05%	4.38%	-	-	-
Revenue as Reported	128.87	1,052	0.04	0.02	0
Advertising Expenses	0.03	0	0.01	0.02	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.