RUMOR MILL
Back to Rumor Mill >
Thursday, December 21, 2023

HIPGNOSIS H2 RESULTS PUBLISHED

Hipgnosis Songs Fund’s six-month financial results have been published following a two-day delay. According to the portfolio independent valuer, Citrin Cooperman, the fair value of the portfolio decreased by 6.4% to $2.62b as of 9/30, compared to $2.8b on 3/31.

In the interim six-month results up to 9/30, operative NAV per share decreased by 9.2% to $1.7392, as a result of the reduction in the fair value of the portfolio.

Underlying net revenue (excluding CRB III accruals) up 14.0% to $65.8 million (H1 2022-23: $57.6 million) Pro-forma Annual Revenue (PFAR), which shows the gross royalty statements received or receivable within the reporting period and does not include any revenue accruals under IFRS grew 10.4% to $64.9 million (Six months to 9/30/22: $58.8 million).

HIPGNOSIS DELAYS FINANCIAL REPORT
< PREVIOUS STORY
BACK TO RUMOR MILL
 
HITS LIST: HORSEPOWER
VRRMMMM (5/21a)
Check It Out Now
HARD LAUNCH: EILISH GOES BIG AGAIN
"Lunch" and other tasty treats (5/20a)
Check It Out Now
OH, TANNENBAUM! ANOTHER GREAT CAREER HITS THE SKIDS
Another talented journalist trapped in the career cul de sac (5/20a)
Check It Out Now
NEAR TRUTHS: VARIANTS
Celebrity death match underway on album chart. (5/20a)
Check It Out Now
ON THE COVER:
HOZIER
Pour some sugar on us. (5/21a)
Check It Out Now
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions