Core Insights - LiveOne announced that certain investors have converted their preferred stock into common stock at a price of $1.50 per share, indicating strong investor confidence in the company's future [1][2] - CEO Robert Ellin expressed gratitude towards Harvest Funds and No Street Capital for their decision, highlighting that this move strengthens the company's capital structure and aligns interests with shareholders [2] Company Overview - LiveOne is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, CA, focusing on delivering premium experiences and content globally through memberships and live and virtual events [3] - 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, and more [3]

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]