LiveOne(LVO)
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LiveOne (Nasdaq: LVO) Presenting Critical Milestone Subscriber Update Today at Trump Mar-a-Lago
Newsfilter· 2025-04-17 12:00
Core Insights - LiveOne, an award-winning music and entertainment platform, is hosting an investor meeting at Trump Mar-a-Lago on April 17, 2025, led by Chairman and CEO Robert Ellin [1][2] Company Overview - LiveOne is headquartered in Los Angeles, CA, and focuses on delivering premium experiences and content through memberships and live/virtual events [2] - The company operates several subsidiaries, including Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind [2] Business Updates - Total subscribers have exceeded 1.5 million, with ad-supported users increasing by over 800,000 since January 31, 2025 [4] - Recent B2B partnerships have generated over $2 million in revenue since April 1, 2025, with expectations to exceed $50 million for the year [4] - Partnerships include Amazon, Dax, a Fortune 250 streaming company, and TextNow, with over 75 potential partnerships in the pipeline [4]
LiveOne(LVO) - 2025 Q4 - Annual Results
2025-06-18 12:30
Financial Results Announcement - LiveOne, Inc. announced preliminary financial results for the fiscal year ended March 31, 2025, with estimates subject to change[5]. - The company is finalizing its financial results, and the preliminary unaudited results may vary from the final results[6]. - The estimated preliminary financial information has not been audited or reviewed by the independent accounting firm, Macias Gini & O'Connell LLP[8]. - The financial closing procedures for the fiscal year are not yet complete, indicating potential adjustments to the reported figures[6]. Non-GAAP Measures - The press release includes EBITDA as a non-GAAP financial measure, which management believes provides important insights into ongoing business performance[7]. - The company does not intend for non-GAAP measures to be considered in isolation from GAAP measures[7]. Compliance and Classification - The company emphasizes that the preliminary results should not be viewed as a substitute for full financial statements prepared in accordance with GAAP[6]. - The company is not classified as an emerging growth company under the Securities Act[4]. - The information provided is not deemed "filed" under the Securities Exchange Act of 1934[9]. Press Release Details - The press release is dated April 7, 2025, and is attached as Exhibit 99.1[11].
LVO Reports Preliminary FY25 Results, Growth in Users and Efficiency
ZACKS· 2025-04-09 13:55
Core Insights - LiveOne, Inc. (LVO) reported preliminary financial results for the fiscal year ending March 31, 2025, with Audio Division revenues exceeding $108 million and adjusted EBITDA surpassing $16 million [1] - The performance aligns with LVO's guidance, reinforcing its competitive position in the digital audio and entertainment sector [2] Financial Performance - For fiscal 2025, LVO reported revenues of over $112 million, consistent with its earlier guidance of $112 million to $120 million [3] - The total user base, including subscribers and ad-supported users, reached 1.45 million, indicating strong audience engagement [3] Debt Management - The company extinguished over $7 million in liabilities, including a full repayment of a $4.1 million credit line [4] - LVO successfully reclassified $5 million in payables as long-term liabilities [4] Cost Management and Investments - LiveOne achieved $40 million in annualized cost reductions since December 2024, enhancing operational efficiency [5] - The company acquired 1.47 million shares of PodcastOne at an average price of $2.22 per share, including 550,000 shares purchased in Q4 of fiscal 2025 [5] Business Development - LVO achieved over 50% car conversion rates in integrations and closed more than five major B2B deals, contributing $44 million in new revenues [6] - The company is focusing on expanding B2B deals and has established significant new agreements with potential partnerships in the pipeline [6] Market Position - LVO currently holds a Zacks Rank 3 (Hold) and has seen its shares decline by 15% over the past six months, contrasting with the 11.4% growth of the Zacks Audio Video Production industry [7]
LiveOne (Nasdaq: LVO) Announces Preliminary Fiscal 2025 Results, Including Revenues of $112M+
Globenewswire· 2025-04-07 14:17
Audio Revenue of $108M+ and Adjusted EBITDA* of $16M+Subscribers and ad-supported users exceeded 1.45MExtinguished $7M+ of liabilities, including paying off $4.1M of East West Bank credit lineExtended $5M payables to long-term liabilitiesExpanded restructuring efforts, cutting $40M in annualized costs since December 2024Acquired 1.47M PodcastOne (Nasdaq: PODC) shares at average price of $2.22 since March 2024, including 550K shares in Q4 Fiscal 2025 LOS ANGELES, April 07, 2025 (GLOBE NEWSWIRE) -- LiveOne (N ...
LiveOne's (NASDAQ: LVO) Reaches Milestone 1.4 Million Subscribers and Ad-Supported Users
Globenewswire· 2025-03-26 12:00
Advertising Pilot Program Attracts Top Brands: Progressive, Toyota, Tide, Home Depot, and Downy, etc.LOS ANGELES, March 26, 2025 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it has exceeded 1.4 million subscribers and ad-supported users, fueled by its Tesla partnership. LiveOne's advertising pilot program has attracted top brands, showcasing the platform's effectiveness. "We're thrilled to reach this milestone ...
LiveOne's (NASDAQ: LVO) Reaches Milestone 1.4 Million Subscribers and Ad-Supported Users
Newsfilter· 2025-03-26 12:00
LOS ANGELES, March 26, 2025 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it has exceeded 1.4 million subscribers and ad-supported users, fueled by its Tesla partnership. LiveOne's advertising pilot program has attracted top brands, showcasing the platform's effectiveness. "We're thrilled to reach this milestone," said Robert Ellin, Chairman and CEO of LiveOne. About LiveOneHeadquartered in Los Angeles, CA, Live ...
LiveOne (NASDAQ: LVO) Exceeds 1.3M Subscribers and Ad-Supported Users, Including Tesla
Newsfilter· 2025-03-20 12:00
Core Insights - LiveOne has achieved a significant milestone by surpassing 1.3 million subscribers and ad-supported users, reflecting a 130% increase since January 1, 2025 [1] Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform, focusing on delivering premium experiences and content globally through memberships and live and virtual events [2] - The company's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind, and it is accessible on various platforms including iOS, Android, Roku, Apple TV, Spotify, and others [2] Revenue Drivers - The company has unveiled multi-tier revenue drivers that leverage a 12-person sales team, partnerships with DAX and Tesla, and AI marketing strategies to convert users to paid subscribers [1]
LiveOne (LVO) Adds Emmy-Winning Series "Before The Fame" to Slate of Original IP
GlobeNewswire News Room· 2025-03-19 14:57
Core Insights - LiveOne has announced the addition of the Emmy-winning documentary series "Before the Fame" to its original content lineup, which focuses on the early lives of iconic figures in sports, music, and entertainment [1] Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform, delivering premium experiences and content globally through memberships and live and virtual events [2] - The company's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind, and it is accessible on various platforms including iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, and Android TV [2] Content Strategy - The addition of "Before the Fame" reflects LiveOne's strategy to enhance its original content offerings, aiming to attract viewers by providing intimate narratives of renowned personalities [1][5]
LiveOne (LVO) Adds Emmy-Winning Series "Before The Fame" to Slate of Original IP
Newsfilter· 2025-03-19 14:57
Company Overview - LiveOne is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, CA, focused on delivering premium experiences and content worldwide through memberships and live and virtual events [2] - The company operates several subsidiaries, including Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind [2] - LiveOne's services are accessible on various platforms, including iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and STIRR's OTT applications [2] Recent Developments - LiveOne announced the addition of the Emmy-winning documentary series "Before the Fame" to its original IP slate, which aims to provide viewers with an intimate journey through the early days of iconic figures in sports, music, and entertainment [1][5] - Robert Ellin, Chairman and CEO of LiveOne, expressed excitement about this addition, indicating that it will resonate well with viewers [1]
LiveOne (Nasdaq: LVO) to Participate in the 37th Annual ROTH Conference
Globenewswire· 2025-03-13 12:00
Core Points - LiveOne will host a VIP shareholder update on March 17, 2025, at the Montage Hotel Laguna Beach [1] - The company will participate in the 37th Annual ROTH Conference from March 16-18, 2025, at the Laguna Cliffs Marriott Resort & Spa [1][2] - CEO Robert Ellin will be available for one-on-one investor meetings during the conference [2] - LiveOne aims to share its vision and strategy with shareholders and the investment community [2] Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform [3] - The company focuses on delivering premium experiences and content worldwide through memberships and live and virtual events [3] - LiveOne's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind [3] - The platform is accessible on various devices including iOS, Android, Roku, Apple TV, Spotify, and Amazon Fire [3] Financial Insights - The company plans to provide updates on its revenue model, M&A strategy, and B2B partnerships [5] - LiveOne is restructuring its balance sheet with expected cost savings of over $30 million [5] - The company has acquired 400,000 additional shares and intends to acquire 450,000 shares of PodcastOne [5]