Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _______________ Commission File Number 001-33937 Live Ventures Incorporated (Exact name of registrant ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2025 decreased by $11.2 million or 9.2% to approximately $112.5 million, primarily due to declines in the retail flooring and steel manufacturing segments [5][10] - Net income for the quarter was approximately $5.4 million, with diluted EPS of $1.24, compared to a net loss of approximately $2.9 million and a loss per share of 91¢ in the prior year period [10] - Adjusted EBITDA for the quarter increased by approximately $7.1 million to approximately $13.2 million, reflecting improved operating performance [10] Business Segment Data and Key Metrics Changes - Retail flooring segment revenue decreased by $6.6 million or 17.9% to approximately $30.4 million, attributed to store dispositions and reduced consumer demand [6] - Flooring manufacturing segment revenue decreased by $1.8 million or 5.7% to approximately $31.3 million, primarily due to ongoing weakness in the housing market [6] - Steel manufacturing segment revenue decreased by $5.4 million or 13.8% to approximately $33.6 million, driven by lower sales volumes, partially offset by revenue from the acquired Central Steel [7] Market Data and Key Metrics Changes - The retail flooring and flooring manufacturing segments faced headwinds due to continued softness in the new home construction and home refurbishment markets [4] - Consumer demand for new products in the retail entertainment segment increased revenue by $2.5 million or 15.2% to approximately $19 million [5] Company Strategy and Development Direction - The company is focused on operational cost-saving initiatives and improving efficiency across all segments, with a new executive leadership team in the retail flooring segment [4][5] - The company aims to enhance profitability and generate strong cash flow even in challenging market environments, emphasizing disciplined cost management [12] Management's Comments on Operating Environment and Future Outlook - Management noted that the housing market's weakness, driven by high interest rates, has impacted consumer spending and renovations, affecting revenue [33] - There is cautious optimism regarding potential interest rate decreases, which could positively influence the housing market and related segments [34] Other Important Information - The company ended the quarter with total cash availability of approximately $37.1 million and working capital of approximately $65.9 million [11] - The company repurchased 12,695 shares of common stock at an average price of $8.83 per share during the quarter [12] Q&A Session Summary Question: What is the company's strategy regarding acquisitions and management involvement? - Management stated that the strategy remains to keep existing management teams in place unless performance gaps necessitate intervention [15] Question: Are there plans to expand acquisition targets beyond current business areas? - Management indicated they are open to exploring both core area expansions and new opportunities, evaluating each on its merits [18][21] Question: Will the company consider dividends in the future? - Currently, the focus is on paying down debt and driving shareholder value, with dividends not being a primary consideration at this time [43]

"The strength of our operational execution is evident in these results - despite revenue headwinds, we more than doubled our Adjusted EBITDA from $6.1 million to $13.2 million, demonstrating our ability to drive significant margin expansion and cost optimization. Our operating cash flow increased 58% to $21.9 million for the nine months, providing us with excellent financial flexibility to pursue strategic growth opportunities. ¹ Adjusted EBITDA is a non-GAAP measure. A reconciliation of the non-GAAP measur ...

LAS VEGAS, July 31, 2025 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal third quarter ended June 30, 2025, before the market opens on Thursday, August 7, 2025. The Company will hold a conference call to discuss the results on Thursday, August 7, 2025, at 2:00 p.m. Pacific Daylight Time (5:00 p.m. Eastern Daylight Time). The dial-in numbers are as follows: 800.231.0316 (U.S.)+1.31 ...

Core Viewpoint - Live Energy Minerals Corp. has successfully closed an option agreement with a purchaser for mineral claims in Saskatchewan, which includes the issuance of common shares and a cash payment requirement [1][2]. Group 1: Option Agreement Details - The option agreement allows the purchaser to acquire a 100% undivided interest in two mineral claims totaling approximately 5,355 hectares in Saskatchewan [2]. - The purchaser issued 5,500,000 common shares as part of the consideration and is required to pay $50,000 in cash within three years of the agreement's effective date [2]. - The company has granted the purchaser the right to buy a 3% net smelter return royalty by issuing an additional 5,500,000 shares to a third-party royalty holder, subject to regulatory acceptance [3]. Group 2: Regulatory and Compliance Information - The consideration shares are subject to a statutory four-month hold period under Canadian Securities Laws, and no finder's fees were paid for this arm's length agreement [4]. - A copy of the option agreement has been filed under the company's profile on SEDAR+ [4]. Group 3: Company Overview - Live Energy Minerals Corp. is focused on exploring clean energy minerals in North and South America, holding interests in uranium, vanadium, and molybdenum projects in the USA [5]. - The company aims to create shareholder value through quality projects and proven exploration strategies [5].

Revenue Performance - Revenue for the second quarter of FY 2025 was $107.0 million, a decrease of 9.8% from $118.6 million in the prior year period[4] - For the six months ended March 31, 2025, total revenue was $218.5 million, a decrease of 7.5% from $236.2 million in the prior year period[23] - Revenue for the three months ended March 31, 2025, was $107.013 million, a decrease of 9.5% compared to $118.626 million for the same period in 2024[46] Segment Performance - Retail-Entertainment segment revenue increased by 9.6% to $18.5 million, driven by a favorable product mix[14] - Retail-Flooring segment revenue decreased by 14.5% to $27.4 million, primarily due to the disposition of certain stores[15] - Steel Manufacturing segment revenue decreased by 11.7% to $31.3 million, with a gross margin increase to 21.2% due to strategic price increases[19] - Retail-Entertainment segment revenue increased by approximately $2.3 million, or 6.2%, to $39.7 million for the six months ended March 31, 2025, compared to $37.4 million in the prior year[31] - Retail-Flooring segment revenue decreased by approximately $7.2 million, or 10.9%, to $59.1 million for the six months ended March 31, 2025, primarily due to the disposition of certain stores[32] - Flooring Manufacturing segment revenue decreased by approximately $7.6 million, or 12.0%, to $55.8 million for the six months ended March 31, 2025, attributed to reduced consumer demand[34] - Steel Manufacturing segment revenue decreased by approximately $5.0 million, or 7.4%, to $63.8 million for the six months ended March 31, 2025, with lower sales volumes partially offset by revenue from the acquisition of Central Steel[35] Income and Profitability - Operating income increased to $2.1 million, compared to an operating loss of $0.8 million in the prior year period, reflecting a $2.9 million improvement[5] - Income before provision for income taxes was $21.1 million, compared to a loss of $4.5 million in the prior year period, primarily due to a $22.8 million gain on the modification of the Flooring Liquidators seller note[9] - Adjusted EBITDA for the second quarter was $6.4 million, an increase of 44.6% from $4.5 million in the prior year period[10] - Total Adjusted EBITDA decreased by 7.3% to $12.191 million for the six months ended March 31, 2025, compared to $13.153 million in the prior year[30] - Gross profit for the six months ended March 31, 2025, was $70.510 million, down from $71.794 million in 2024, reflecting a decline of 1.8%[46] - Operating income for the six months ended March 31, 2025, was $2.854 million, compared to $2.703 million in 2024, showing a growth of 5.6%[46] Cash and Assets - Total assets as of March 31, 2025, were $393.6 million, with stockholders' equity of $88.9 million[5] - Cash increased to $6.931 million as of March 31, 2025, compared to $4.601 million as of September 30, 2024[43] - Total assets decreased to $393.581 million as of March 31, 2025, from $407.547 million as of September 30, 2024[43] Shareholder Information - The company repurchased 31,323 shares of common stock at an average price of $8.28 per share[5] - Basic income per share for the three months ended March 31, 2025, was $5.10, compared to a loss of $1.04 per share in the same period of 2024[46] - The weighted average common shares outstanding for diluted earnings was 3,138,717 for the three months ended March 31, 2025[46] Expenses and Interest - Total operating expenses for the three months ended March 31, 2025, were $33.056 million, a decrease of 8.5% from $36.305 million in 2024[46] - Interest expense for the six months ended March 31, 2025, was $8.095 million, slightly down from $8.330 million in 2024[46] Gains - The company reported a gain on modification of seller note amounting to $22.784 million for the six months ended March 31, 2025[46]

Financial Data and Key Metrics Changes - Total revenue for the second quarter decreased by $9.8 million to approximately $107 million, primarily due to declines in the retail flooring, flooring manufacturing, and steel manufacturing segments [6][7] - Gross profit remained consistent at $35.1 million, with gross margin percentage increasing to 32.8% from 29.9% in the prior year period [7][8] - Net income was approximately $15.9 million for the quarter, with diluted EPS of $5.5 compared to a net loss of approximately $3.3 million and a loss per share of $1.04 in the prior year period [9] Business Line Data and Key Metrics Changes - Retail entertainment segment revenue increased by $1.6 million or 9.6% to approximately $18.5 million, driven by increased consumer demand for new products [6] - Retail flooring segment revenue decreased by $4.6 million or 14.5% to approximately $27.4 million, primarily due to the disposition of certain stores [6][7] - Flooring manufacturing segment revenue decreased by $4.4 million or 12.8% to approximately $29.8 million, attributed to reduced consumer demand [7] - Steel manufacturing segment revenue decreased by $4.2 million or 11.7% to approximately $31.3 million, driven by lower sales volumes, partially offset by revenue from Central Steel [7] Market Data and Key Metrics Changes - The company faced challenges in the flooring businesses due to ongoing softness in new home construction and home refurbishment markets, as well as economic uncertainty [5] - The steel manufacturing segment showed improved efficiencies following the acquisition of Central Steel, which historically generated higher margins [8] Company Strategy and Development Direction - The company is implementing operational initiatives to enhance performance in the retail flooring segment, including a new executive management team and targeted cost reduction initiatives [5][10] - The focus remains on operational excellence and long-term fundamentals of the business, with potential share repurchases as part of the capital allocation strategy [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term fundamentals of the business despite challenging market conditions impacting the retail flooring and flooring manufacturing segments [10] - The company is actively monitoring potential impacts from tariffs and diversifying vendor relationships to mitigate risks [20][22] Other Important Information - The company successfully negotiated a $19 million reduction in flooring liquidators seller notes, resulting in a $22.8 million gain [5][9] - Total cash availability at the end of the quarter was $26.6 million, with working capital of approximately $49.1 million [9] Q&A Session Summary Question: About the modification of the note - The modification of the note was not anticipated in the original agreement and was a result of renegotiation [16][17] Question: Impact of tariffs on the business - The company has not experienced negative impacts from tariffs to date and is preparing for potential future changes by diversifying vendor relationships [20][22]

Financial Data and Key Metrics Changes - Total revenue for Q2 2025 decreased by $9.8 million to approximately $107 million, primarily due to declines in retail flooring, flooring manufacturing, and steel manufacturing segments [6][7] - Net income for the quarter was approximately $15.9 million, with diluted EPS of $5.5, compared to a net loss of approximately $3.3 million and a loss per share of $1.04 in the prior year period [9] - Adjusted EBITDA for the quarter increased by approximately $2 million to around $6.4 million, driven by the acquisition of Central Steel and cost reduction initiatives [9] Business Line Data and Key Metrics Changes - Retail entertainment segment revenue increased by $1.6 million or 9.6% to approximately $18.5 million, attributed to higher consumer demand for new products [6] - Retail flooring segment revenue decreased by $4.6 million or 14.5% to approximately $27.4 million, mainly due to the disposition of certain stores [7] - Flooring manufacturing segment revenue decreased by $4.4 million or 12.8% to approximately $29.8 million, driven by reduced consumer demand [7] - Steel manufacturing segment revenue decreased by $4.2 million or 11.7% to approximately $31.3 million, impacted by lower sales volumes, partially offset by revenue from Central Steel [7] Market Data and Key Metrics Changes - The company faced challenges in the flooring business due to ongoing softness in new home construction and home refurbishment markets, as well as economic uncertainty [5] - The retail flooring and flooring manufacturing segments were particularly affected by reduced consumer demand [10] Company Strategy and Development Direction - The company is focusing on operational excellence and has implemented targeted cost reduction initiatives in the flooring retail segments [10] - A new executive management team has been brought in to enhance performance through top-line growth and operational efficiency in the retail flooring segment [5] - The company is considering share repurchases as part of its capital allocation strategy, believing it represents long-term value for shareholders [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term fundamentals of the business despite current market challenges [10] - The company is actively monitoring potential impacts from tariffs and is diversifying vendor relationships to mitigate risks [17][20] Other Important Information - The company successfully negotiated a $19 million reduction in flooring liquidators seller notes, resulting in a $22.8 million gain [5][8] - Total cash availability at the end of the quarter was $26.6 million, with working capital of approximately $49.1 million [9] Q&A Session Summary Question: Was the modification of the note anticipated in the original agreement? - Management clarified that the modification was not anticipated in the original agreement and was a new renegotiation [15][16] Question: How might tariffs affect the business? - Management stated that there have been no negative impacts from tariffs to date and that they are diversifying vendor relationships to prepare for potential changes [17][20]

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _________________________ (Mark One) For the transition period from _____________ to _______________ Commission File Number 001-33937 Live Ventures Incorporated (Exact name of registran ...

Core Insights - Live Ventures Incorporated reported financial results for the fiscal second quarter of 2025, showing a mixed performance across its segments, with notable improvements in Retail-Entertainment and Steel Manufacturing, while Retail-Flooring and Flooring Manufacturing faced challenges due to reduced consumer demand [1][3][4]. Financial Performance - Revenue for the second quarter decreased by approximately $11.6 million, or 9.8%, to $107.0 million compared to $118.6 million in the prior year [6][8]. - Operating income increased by approximately $2.9 million to $2.1 million, compared to an operating loss of $0.8 million in the prior year [7][8]. - Net income for the quarter was $15.9 million, a significant improvement from a net loss of $3.3 million in the prior year [8][39]. - Adjusted EBITDA rose by approximately $2.0 million, or 44.6%, to $6.4 million compared to $4.5 million in the prior year [10][39]. Segment Performance - **Retail-Entertainment**: Revenue increased by approximately $1.6 million, or 9.6%, to $18.5 million, driven by a favorable product mix [13]. - **Retail-Flooring**: Revenue decreased by approximately $4.6 million, or 14.5%, to $27.4 million, primarily due to the closure of certain stores [14]. - **Flooring Manufacturing**: Revenue decreased by approximately $4.4 million, or 12.8%, to $29.8 million, attributed to reduced consumer demand [15]. - **Steel Manufacturing**: Revenue decreased by approximately $4.2 million, or 11.7%, to $31.3 million, with a notable increase in gross margin to 21.2% [16]. Balance Sheet and Cash Position - As of March 31, 2025, total assets were $393.6 million, with stockholders' equity of $88.9 million [11][36]. - The company had approximately $26.6 million in cash and availability under credit facilities [11][39]. Six-Month Performance Summary - For the six months ended March 31, 2025, revenue decreased by approximately $17.7 million, or 7.5%, to $218.5 million [19]. - Operating income increased by approximately 5.6% to $2.9 million compared to the prior year [20]. - Adjusted EBITDA for the six months was approximately $12.2 million, a decrease of 7.3% compared to the prior year [22].