Step 1

Drop in your royalty statements

CSV exports from your distributor (DistroKid, CD Baby, TuneCore-style), MLC or publishing administrator, PRO, SoundExchange and YouTube, plus an optional catalog sheet with ISWCs, splits and rights. The more sources, the more rules can run.

Drag CSV files here, or click to choose Multiple files OK · parsed locally with PapaParse · nothing is uploaded

Step 2 · Dashboard

Catalog leak audit

Royalty income by source and year

Leak waterfall, per year

Estimate

Decay curve & 10-year projection

Projection

Identified vs eligible, by income type ($/yr)

By leak rule

Step 3 · Per-song leaks

What's leaking, song by song

Each flag shows the benchmark, what arrived, the gap, the eligibility screen and the fix.

Eligible only

Step 4 · Offer engine

Three paths, priced side by side

Owner's view and buyer's view from the same numbers. Every figure is an estimate from this audit and the plan's assumptions.

Inputs

As-is trailing royalties (T12)

All sources, latest full year in your statements.

Purchase multiple (x as-is)

Plan base 6.0x; bid range 5.5-6.5x. Marketplace median ~6.0x.

Expected uplift from fixes

Annual decay

Buyer exit multiple, net

Owner discount rate

Advance size (market comparison)

Sourcing Seller has seen this audit (earnout applies)

Owner value of each path, 10-year NPV

Estimate

Buyer side: underwriting this catalog

Projection

Unlevered, monthly cash flows, 4-year hold; same math as the plan's model_build.py: 5% diligence, $1,500 onboarding, 10% administration, uplift ramps months 3-21, 7% exit costs, earnout 30% of uplift value at month 18.

Step 5 · Export

Leak report

A self-contained report you can save, print or send. Choose the free version (dollars by leak type) or the engaged version (per-song fix list).

Assumptions

Benchmarks the engine uses

Expected income for each collector is estimated as a ratio of the song's distributor (masters) income. These are illustrative engine assumptions, not published rates; the plan's concierge test exists to calibrate them. Change any value and re-run.

Saved audits

Audits saved in this browser

Summaries are stored in this browser's local storage only. Clearing site data removes them.