Financial Data and Key Metrics Changes - For Q4 2025, the company reported revenues of $112 million, with $108 million from the audio business and an EBITDA of $18 million, exceeding previous guidance by $6 million [7][16] - The full year fiscal 2025 results showed consolidated revenue of $114.4 million and adjusted EBITDA of $8.4 million [17] - The company posted a consolidated net loss of $10.9 million or $0.07 per diluted share in Q4 2025 [16] Business Line Data and Key Metrics Changes - The podcast business generated over $52 million in revenue, up from $38 million the previous year, with Q4 alone contributing $14 million [7][8] - The audio division's revenue for Q4 was $18.2 million with an adjusted EBITDA of $4.1 million [16][17] - The podcast business has seen six consecutive months as a top 10 podcaster globally, with over 1 billion impressions across its network [8] Market Data and Key Metrics Changes - The company has converted over 1.3 million subscribers from Tesla's 2 million cars, indicating strong market penetration [10][46] - The company is expecting to launch its largest B2B partnership in August, which could potentially have 10 times the subscriber base of Tesla [11][53] Company Strategy and Development Direction - The company is focusing on AI and Web3 crypto initiatives, aiming to leverage technology to transform the industry [11][12] - There are 75 additional B2B deals in the pipeline, with a run rate of nearly $50 million from new partnerships [10][18] - The company is actively pursuing 17 potential acquisitions in the podcast industry to consolidate its business [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow aggressively, citing a strong balance sheet and transformative partnerships [12][13] - The management highlighted the importance of building a database of Tesla subscribers, which could significantly enhance future revenue opportunities [46][48] - The company is optimistic about the future, expecting substantial revenue growth from converting ad-supported users to paid subscribers [24][28] Other Important Information - The company has eliminated over $10 million in short-term liabilities and cut costs significantly, contributing to improved EBITDA performance [9] - The company has initiated a stock buyback program, purchasing over 350,000 shares of LiveOne and 1 million shares of PODC [12] Q&A Session Summary Question: Can you clarify the fill rate of over 50%? - The fill rate indicates that over 50% of advertising inventory is being utilized, which is a significant improvement from previous levels [23][24] Question: Are you focusing on podcast content in the Web3 and crypto space? - The focus is on creating a podcast network centered around Web3 and crypto, leveraging AI for content creation and community building [29][30] Question: When will the 10-K be filed? - The filing is expected early next week, pending final documentation from auditors [33] Question: Can you discuss new B2B deals? - The company is experiencing momentum in signing new B2B deals, with a significant upcoming partnership expected to launch soon [39][40] Question: Is the largest B2B deal already signed? - Yes, the deal is signed, and the company is confident about its potential success [55][56]

Financial Data and Key Metrics Changes - The company reported revenues of over $112 million, with $108 million from the audio business and an EBITDA of $18 million, exceeding previous guidance by $6 million [6][15] - For the fiscal year ending March 31, 2025, consolidated revenue was $114.4 million and adjusted EBITDA was $8.4 million [17] - The audio division generated full-year revenue of $108.9 million and adjusted EBITDA of $18.2 million [17] Business Line Data and Key Metrics Changes - The podcast business revenue increased to over $52 million from $38 million last year, with a quarterly revenue of $14 million and an EBITDA of over $900,000 [6][15] - The company has added 46 new podcasts in the last 24 months, totaling over 200 podcasts, with a pipeline of over 100 new podcasts [7] Market Data and Key Metrics Changes - The company has converted over 1.3 million subscribers from 2 million Tesla cars, with a total of over 1.5 million subscribers and ad-supported users [9][46] - The company has launched partnerships with Amazon worth over $16.5 million and a Fortune 250 company for $25 million, with 75 additional B2B deals in the pipeline [9][18] Company Strategy and Development Direction - The company is focusing on AI and Web3 crypto initiatives, aiming to cut costs and enhance marketing efforts [11][12] - The company plans to continue expanding its B2B partnerships and is optimistic about the potential for significant revenue growth from these initiatives [18][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow aggressively, highlighting the transformative potential of new technologies and partnerships [12][13] - The management noted that the current year is the most exciting in the company's history, with a strong balance sheet and growth opportunities [12][13] Other Important Information - The company has eliminated over $10 million in short-term liabilities and cut staff significantly to improve financial performance [8] - The company has initiated a stock buyback program, purchasing over 350,000 shares of LiveOne and over 1 million shares of PODC [12] Q&A Session Summary Question: Clarification on fill rate of over 50% - The fill rate refers to over 50% of advertising inventory being filled, which is expected to drive revenues and set the stage for converting free users to paid subscribers [23][24] Question: Details on Web3 and crypto initiatives - The focus is primarily on podcast content and building a community of crypto podcasters, with no plans to enter the mining or trading business [30][32] Question: Update on the largest B2B deal - The company is set to launch a B2B deal with a partner that has over 10 times the subscribers of Tesla, with high confidence in its potential success [51][53]

Core Insights - LiveOne has announced a strategic partnership with Synervoz Communications to co-create new products and experiences focused on voice technology in native devices and operating systems [1][2] - The collaboration aims to enhance user engagement with audio through features like voice search and social listening, while also supporting LiveOne's growing B2B initiatives [2][7] Company Overview - LiveOne is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, offering premium experiences and content through memberships and live events [3] - LiveOne's subsidiaries include Slacker, PodcastOne, and others, and it operates across multiple platforms including iOS, Android, and Roku [3] Synervoz Overview - Synervoz specializes in audio software solutions for gaming, media, and consumer electronics, with its Switchboard platform providing a library of audio and voice AI tools [4][5] - The Switchboard platform enhances voice and audio development cycles by tenfold and targets over 70 B2B opportunities across various industries [7]

Company Overview - PodcastOne (NASDAQ: PODC) is a leading podcast platform that offers a comprehensive solution in sales, marketing, public relations, production, and distribution for creators and advertisers [3] - The platform has achieved over 3.9 billion total downloads and has a community of 200 top podcasters [3] - PodcastOne's distribution network reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio [3] Key Developments - Lou Kerner has joined the newly created PodcastOne Crypto Advisory Board, alongside crypto veterans Steve Lehman and Steve McClurg [2][3] - Kerner's expertise in the crypto and Web3 space is expected to enhance PodcastOne's innovation and unlock new opportunities for creators and listeners [3] - Kerner has a notable background, including being the founder of CryptoMondays, a decentralized community with 100,000 members, and a former partner at Blockchain Coinvestors [5]

Company Overview - LiveOne is an award-winning, creator-first music, entertainment, and technology platform headquartered in Los Angeles, CA [2] - The company focuses on delivering premium experiences and content worldwide through memberships and live and virtual events [2] - LiveOne's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind [2] Upcoming Events - LiveOne will host a conference call on July 3, 2025, to discuss results for Q4 Fiscal 2025 and the fiscal year ended March 31, 2025 [1] - The call is scheduled for 10:00 AM Eastern Time (7:00 AM Pacific Time) [1] - Access details include a webcast link and dial-in numbers for participants [1]

Core Viewpoint - PodcastOne has launched a new podcast network dedicated to cryptocurrency, blockchain, and Web3 innovation to meet the growing demand for crypto-related content [1][3]. Company Overview - PodcastOne is a leading podcast platform with over 3.9 billion total downloads and a community of 200 top podcasters [3]. - The company has a distribution network that reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio [3]. New Network Features - The new crypto-focused network will feature a curated slate of original shows hosted by prominent industry voices [2]. - PodcastOne plans to explore podcast tokenization and pursue strategic alignments and acquisitions within the crypto podcast space [2][5]. Market Demand - Kit Gray, President and Co-Founder of PodcastOne, highlighted a significant shift in listener interest towards crypto content, indicating that launching a dedicated network is a response to this trend [3].

PodcastOne Overview - PodcastOne is a leading podcast platform with over 3.9 billion downloads[1] - PodcastOne is the only publicly-traded pure-play podcast company in the U.S[10] - PodcastOne has 196 exclusive podcasts, 350+ episodes per week, 16.2 million monthly downloads and 5.2 million monthly unique listeners[12] Financial Performance and Growth - PodcastOne's FY 2025 revenue is expected to increase at least 17% to at least a record $51.0 million[40] - PodcastOne is targeting $100 million in revenues in 2-4 years[12, 13] - PodcastOne's revenue for the first 9 months of FY 2025 was $38.0 million[9] Market Position and Strategy - The total U.S podcast market ad revenue in 2024 is over $2 billion, climbing to ~$2.6 billion by 2026[18] - PodcastOne aims to be the go-to platform for content creators to grow audiences and expand reach[24] - PodcastOne is focused on opportunistic M&A to incorporate smaller networks and technology into its infrastructure[12, 24] Revenue Streams - PodcastOne has diversified revenue opportunities beyond direct advertising, including paywalls, live events, social campaigns, and owned IP[12, 39] - PodcastOne has two shows sold for TV adaptation[12, 33] - 31% of weekly podcast listeners use YouTube to listen & view, followed by Spotify (27%) and Apple Podcasts (15%)[37]

Core Insights - LiveOne, Inc. (LVO) reported a fourth-quarter fiscal 2025 GAAP loss of 8 cents per share, compared to a loss of 3 cents per share in the previous year, missing the Zacks Consensus Estimate of a loss of 5 cents per share [1] - Quarterly revenues decreased by 37.6% year over year to $19.3 million, primarily due to lower revenues from Slacker Radio, which is undergoing a business model transformation [1][9] - Despite the revenue decline, LVO exceeded its full-year revenue guidance by $2.4 million, reporting total revenues of $114.4 million for fiscal 2025, a decrease of 3.4% [2] Financial Performance - The Audio division achieved record revenues of $108.9 million for fiscal 2025, surpassing guidance by $2.9 million, and delivered a record adjusted EBITDA of $18.2 million, exceeding expectations by over 51% [3] - Adjusted EBITDA for the fourth quarter was $1.6 million, down 42.9%, with a $4.1 million contribution from the Audio Division, offsetting losses from Other Operations and Corporate [5] - The company reported an operating loss of $8.2 million for the quarter, significantly wider than the $1.2 million loss reported a year ago, primarily due to revenue decreases [6] User Engagement and Growth - LVO's total user base, including subscribers and ad-supported users, surpassed 1.45 million, driven by a partnership with Tesla and strong audience engagement [2][9] - The company is focused on a creator-first approach, aiming to foster superfan relationships [3] Strategic Initiatives - LVO is undergoing an operational reset with major cost initiatives showing positive impacts [3] - The company invested approximately $3.1 million in capital expenditures during the fourth quarter, primarily for capitalized software development costs, aimed at enhancing monetization capabilities through an integrated music player and pay-per-view services [6][7] Market Performance - Following the financial results, LVO's shares fell 11% in trading, closing at 77 cents on June 18, 2025, with a 37.1% decline over the past six months, contrasting with a 19.8% growth in the Zacks Audio Video Production industry [4]

Core Insights - LiveOne reported record revenue and adjusted EBITDA for fiscal 2025, surpassing guidance significantly, indicating strong operational performance and effective cost-reduction initiatives [1][2]. Financial Performance - Fiscal 2025 consolidated revenue reached $114.4 million, exceeding guidance by $2.4 million [1]. - Adjusted EBITDA for fiscal 2025 was $18.2 million, beating guidance by over 51% or $6.2 million [1]. - Q4 Fiscal 2025 revenue was $19.3 million, down from $30.9 million in Q4 Fiscal 2024, primarily due to reduced Slacker radio revenues [4]. - The operating loss for Q4 Fiscal 2025 was $8.2 million, compared to a loss of $1.2 million in Q4 Fiscal 2024 [4]. - Q4 Fiscal 2025 adjusted EBITDA was $1.6 million, down from $2.8 million in Q4 Fiscal 2024 [5]. Operational Highlights - The Audio Division, which includes Slacker Radio and PodcastOne, contributed an adjusted EBITDA of $4.1 million in Q4 Fiscal 2025, driven by improved contribution margins and reduced operating expenses [5]. - The company implemented cost-reduction initiatives that improved profitability and strengthened market position [2]. Future Outlook - LiveOne plans to host a conference call and webcast on June 26, 2025, to discuss earnings and current B2B partnerships, including with Tesla [1][8].

Financial Performance & Guidance - LiveOne reported Q3 FY2025 consolidated revenue of $29.4 million and adjusted EBITDA of $1.5 million[14] - Full Year FY2024 consolidated revenue was $118.4 million and adjusted EBITDA was $11.0 million[14] - Full FY2025 guidance projects consolidated revenue between $112 million and $120 million, with adjusted EBITDA between $6 million and $10 million[14] - The Audio Division (Slacker and PodcastOne) reported FY2024 revenue of $109.3 million and adjusted EBITDA of $20.6 million[14] - Audio Division's FY2025 revenue guidance is $106 million to $115 million, with adjusted EBITDA between $12 million and $20 million[14] PodcastOne (PODC) Highlights - PodcastOne reported Q3 FY2025 revenue of $12.7 million and adjusted EBITDA of -$670K[33] - Full Year FY2024 revenue for PodcastOne was $43.3 million and adjusted EBITDA was $663K[33] - LiveOne owns approximately 72% of PodcastOne's common stock[33] User & Content Metrics - LiveOne's Slacker Radio has over 50 million tracks in its music catalog and over 400,000 hours of podcast episodes[30] - Slacker Radio has over 100 million app downloads[30] - PodcastOne produces over 350 episodes weekly, resulting in over 600 million annual downloads[32] - PodcastOne has over 5.2 million monthly unique listeners[32] Market Opportunity - The global video streaming market is expected to reach $252 billion by 2029[21] - The live streaming pay-per-view market is expected to reach $2.3 billion by 2027, with a CAGR of 15% from 2020 to 2027[21] - The global licensed merchandise market is expected to reach $500 billion by 2030[21]