LiveOne, Inc. (LVO) Financials

LVO

Trailing 12 months to June 30, 2026

Revenue $77.3M -23.1% YoY

Net Income -$20.3M +11.2% YoY

Free Cash Flow -$12.6M -827.2% YoY

Operating Cash Flow -$9.6M -584.4% YoY

Market Cap $35.5M as of Oct 13, 2026

Price / Sales 0.5x on $77.3M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book n/m negative shareholder equity, so no book multiple, Q1 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2027, ended Jun 30, 2026 Reported Aug 14, 2026 Currency USD FYE March

Newest figures come from the 10-Q for Q1 FY2027, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LVO SEC filings page.

LiveOne, Inc. (LVO) reported $77.3M in revenue over the twelve months to Jun 30, 2026, down 23.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LVO FY2026 2026-10-04

Falling sales and margins have renewed cash consumption, while negative equity leaves financing central to how this business operates.

Across FY2024-FY2025, positive operating cash flow coexisted with net losses, so cash generation was not coming from reported earnings alone. By FY2026, gross margin had fallen to 15.9% and operating cash flow turned negative at -$10.5M, tying weaker unit economics to renewed cash consumption.

Revenue fell 32.6% in FY2026 and gross margin contracted to 15.9%, so the business generated less gross profit from each sales dollar. The operating loss was $15.5M even as R&D and SG&A were lower, indicating cost cuts did not offset the margin squeeze.

Negative equity widened to $20.5M, and current assets covered only 0.5x current liabilities, pointing to a balance sheet dependent on financing rather than short-term asset coverage. FY2026 financing cash flow of $20.0M greatly exceeded capital spending of $3.2M, so the cash inflow was primarily financing rather than reinvestment.

Financial Health Signals

Financial Health Score 28/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of LiveOne, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

LiveOne, Inc. held $5.4M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $10.5M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and LiveOne, Inc. scores 22/100 among other emerging companies.

Dilution

LiveOne, Inc. had 14M shares outstanding at the end of fiscal year 2026. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and LiveOne, Inc. scores 93/100 among other emerging companies.

R&D Intensity

LiveOne, Inc. spent $2.4M on research and development in fiscal year 2026, which was 2.6% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and LiveOne, Inc. scores 16/100 among other emerging companies.

Revenue Progress

LiveOne, Inc. reported revenue of $77.1M in fiscal year 2026, against $114.4M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and LiveOne, Inc. scores 20/100 among other emerging companies.

Burn Trend

Not available for LiveOne, Inc., and counted as zero in the overall score.

Balance Sheet

LiveOne, Inc.'s cash, cash equivalents and investments came to $5.4M at the end of fiscal year 2026, against $59.3M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and LiveOne, Inc. scores 16/100 among other emerging companies.

Altman Z-Score Distress

-8.15

LiveOne, Inc. scores -8.15, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($35.5M) relative to total liabilities ($59.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

LiveOne, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

LiveOne, Inc. reported a net loss of $21.3M while operations used $10.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

LiveOne, Inc. reported an operating loss of $15.5M against $300K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$19.4M

YoY+0.7%

QoQ+2.3%

5Y CAGR-13.0%

LiveOne, Inc. generated $19.4M in revenue in Q1 2027. This represents an increase of 0.7% from the same quarter a year earlier. Against the prior quarter it is up 2.3%.

EBITDA

-$2.7M

YoY+29.0%

QoQ+36.9%

LiveOne, Inc.'s EBITDA was -$2.7M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 29.0% from the same quarter a year earlier. Against the prior quarter it is up 36.9%.

Net Income

-$2.6M

YoY+27.9%

QoQ+67.8%

LiveOne, Inc. reported -$2.6M in net income in Q1 2027. This represents an increase of 27.9% from the same quarter a year earlier. Against the prior quarter it is up 67.8%.

EPS (Diluted)

Not reported for Q1 2027.

Cash & Balance Sheet

Free Cash Flow

-$2.9M

YoY+27.8%

QoQ-8.4%

LiveOne, Inc. recorded an outflow of $2.9M in free cash flow in Q1 2027, representing a cash shortfall after capex. This represents an increase of 27.8% from the same quarter a year earlier. Against the prior quarter it is down 8.4%.

Cash & Debt

$8.6M

YoY-27.5%

QoQ+61.1%

5Y CAGR-18.9%

10Y CAGR+60.4%

LiveOne, Inc. held $8.6M in cash as of Q1 2027; long-term debt is not reported for that period.

Shares Outstanding

14M

QoQ+1.1%

5Y CAGR-29.3%

10Y CAGR-11.4%

LiveOne, Inc. had 14M shares outstanding in Q1 2027. Against the prior quarter it is up 1.1%.

Dividends Per Share

Not reported for Q1 2027.

Margins & Returns

Gross Margin

20.4%

YoY+8.0pp

QoQ+1.9pp

5Y change+0.2pp

LiveOne, Inc.'s gross margin was 20.4% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is up 8.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.

Operating Margin

-19.0%

YoY+2.0pp

QoQ+7.0pp

5Y change+6.7pp

LiveOne, Inc.'s operating margin was -19.0% in Q1 2027, reflecting core business profitability. This is up 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.0 percentage points.

Net Margin

-13.4%

YoY+5.3pp

QoQ+29.2pp

5Y change+7.4pp

LiveOne, Inc.'s net profit margin was -13.4% in Q1 2027, showing the share of revenue converted to profit. This is up 5.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 29.2 percentage points.

Return on Equity

Not reported for Q1 2027.

Capital Allocation

R&D Spending

$974K

YoY+4.3%

QoQ+36.0%

5Y CAGR-14.7%

LiveOne, Inc. invested $974K in research and development in Q1 2027. This represents an increase of 4.3% from the same quarter a year earlier. Against the prior quarter it is up 36.0%.

Share Buybacks

YoY-100.0%

LiveOne, Inc. repurchased no shares in Q1 2027. This represents a decrease of 100.0% from the same quarter a year earlier.

Capital Expenditures

$848K

YoY-16.9%

QoQ+24.5%

5Y CAGR-3.6%

LiveOne, Inc. invested $848K in capex in Q1 2027, funding long-term assets and infrastructure. This represents a decrease of 16.9% from the same quarter a year earlier. Against the prior quarter it is up 24.5%.

LVO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LVO quarterly income statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$77.3M	$77.1M-32.6%	$114.4M-3.4%	$118.4M+18.9%	$99.6M-14.9%	$117.0M+79.4%	$65.2M+68.7%	$38.7M+14.7%	$33.7M+368.4%	$7.2M+3097.8%	$225K	N/A	$7.4M+6.9%	$7.0M	$0	$0
Cost of Revenue	$63.5M	$64.9M-23.9%	$85.2M-1.3%	$86.4M+29.4%	$66.8M-28.2%	$93.0M	N/A	N/A	$31.2M+365.7%	$6.7M+817.0%	$730K	N/A	$1.1M+7.9%	$1.0M	N/A	N/A
Gross Profit	$13.8M	$12.3M-57.9%	$29.2M-9.0%	$32.0M-2.4%	$32.8M+36.6%	$24.0M	N/A	N/A	$2.5M+405.0%	$501K+199.2%	-$505K	N/A	$6.3M+6.7%	$5.9M	N/A	N/A
R&D Expenses	$2.4M	$2.4M-46.3%	$4.5M-4.4%	$4.7M-8.9%	$5.1M-36.5%	$8.1M-16.4%	$9.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$22.1M	$20.7M-9.2%	$22.7M+2.1%	$22.3M+40.3%	$15.9M-52.9%	$33.7M+61.7%	$20.8M+8.9%	$19.1M+9.7%	$17.4M+62.6%	$10.7M+100.3%	$5.3M+47.8%	$3.6M+33.3%	$2.7M+12.2%	$2.4M+1309.1%	$172K+1447.2%	$11K
Operating Income	-$15.1M	-$15.5M+14.3%	-$18.1M-286.8%	-$4.7M-113.7%	-$2.2M+94.2%	-$37.9M-28.9%	-$29.4M+18.4%	-$36.0M-6.2%	-$33.9M-127.8%	-$14.9M-171.2%	-$5.5M-37.8%	-$4.0M-22.7%	-$3.2M-1089.8%	$328K	N/A	N/A
EBITDA	N/A	-$13.9M-8.8%	-$12.7M-3000.2%	$439K-92.4%	$5.8M+120.5%	-$28.2M-7.9%	-$26.2M+22.8%	-$33.9M-2.7%	-$33.0M-167.4%	-$12.3M-126.0%	-$5.5M-37.5%	-$4.0M-22.6%	-$3.2M-1083.9%	$329K	N/A	N/A
Interest Expense	$355K	$300K+111.1%	-$2.7M+37.9%	-$4.4M-281.9%	$2.4M+4.3%	$2.3M+143.4%	-$5.3M-41.9%	-$3.7M-14.2%	-$3.3M+16.5%	-$3.9M-666.0%	-$512K-186.8%	-$178K-235.5%	$132K+360.8%	$29K+64.2%	$17K	$0
Income Tax	$38K	$30K+116.2%	-$185K-256.8%	$118K+81.5%	$65K-64.5%	$183K+153.0%	-$345K-79.7%	-$192K-188.1%	$218K+3533.3%	$6K	N/A	N/A	$262K+211.9%	$84K	$0	$0
Net Income	-$20.3M	-$21.3M-4.3%	-$20.4M-70.2%	-$12.0M-19.4%	-$10.0M+77.2%	-$43.9M-5.0%	-$41.8M-7.4%	-$38.9M-3.1%	-$37.8M-61.8%	-$23.3M	N/A	-$3.7M+33.2%	-$5.6M-4704.2%	$122K	N/A	N/A
EPS (Basic)	N/A	-$2.02+5.6%	-$2.14-1428.6%	-$0.14-16.7%	-$0.12+78.6%	-$0.56+8.2%	-$0.61	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	—	N/A	N/A	N/A	-$0.12+78.6%	-$0.56	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	N/A	N/A	N/A	85M+7.2%	79M	N/A	N/A	N/A	N/A	N/A	N/A	1M	0	N/A	N/A

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Revenue	$19.4M+0.7%	$18.9M-1.9%	$20.3M-31.2%	$18.8M-42.4%	$19.2M-41.9%	$19.3M-37.6%	$29.4M-5.8%	$32.6M+14.3%
Cost of Revenue	$15.4M-8.4%	$15.4M+15.6%	$16.4M-26.2%	$16.2M-34.1%	$16.8M-32.9%	$13.3M-42.0%	$22.3M-4.2%	$24.5M+19.3%
Gross Profit	$3.9M+65.4%	$3.5M-41.2%	$3.8M-46.8%	$2.6M-67.9%	$2.4M-70.2%	$5.9M-24.6%	$7.2M-10.3%	$8.1M+1.2%
R&D Expenses	$974K+4.3%	$716K-36.6%	$310K-72.2%	$442K-61.9%	$934K-12.8%	$1.1M-13.3%	$1.1M+60.7%	$1.2M-19.4%
SG&A Expenses	$5.5M+35.9%	$6.7M+16.9%	$4.2M-19.9%	$5.7M-9.2%	$4.1M-26.0%	$5.7M+15.0%	$5.2M-10.9%	$6.3M-1.1%
Operating Income	-$3.7M+8.9%	-$4.9M+54.2%	-$2.0M+61.8%	-$4.6M-226.4%	-$4.0M-414.5%	-$10.8M-839.7%	-$5.1M-579.0%	-$1.4M+44.3%
EBITDA	-$2.7M+29.0%	-$4.2M+54.8%	-$1.6M+60.5%	-$4.3M-7353.4%	-$3.7M-696.3%	-$9.3M-4209.7%	-$4.0M-688.6%	-$58K+95.4%
Interest Expense	-$632K+8.0%	$3.0M+695.4%	-$993K-82.5%	-$1.0M-24.1%	-$687K+20.0%	-$501K+80.0%	-$544K+57.5%	-$808K-3.6%
Income Tax	$8K	-$26K+89.2%	$16K+6.7%	$40K+544.4%	$0-100.0%	-$240K-420.0%	$15K+200.0%	-$9K+57.1%
Net Income	-$2.6M+27.9%	-$8.1M+33.5%	-$4.1M+22.3%	-$5.5M-198.1%	-$3.6M-207.4%	-$12.1M-427.2%	-$5.2M-232.5%	-$1.9M+75.5%
EPS (Basic)	-$0.21+50.0%	-$0.71+36.0%	-$0.37+37.3%	-$0.52-116.7%	-$0.42-2000.0%	-$1.11-11000.0%	-$0.59-1866.7%	-$0.24-166.7%

Not reported in any period shown, so not listed: EPS (Diluted), Diluted Shares (Avg).

LVO Balance Sheet

LVO quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$46.9M+15.7%	$40.5M-36.6%	$63.9M-3.1%	$65.9M-14.2%	$76.8M-10.4%	$85.8M+58.5%	$54.1M-8.1%	$58.9M-13.4%	$68.0M+4271.9%	$1.6M-70.2%	$5.2M+3.9%	$5.0M+84.3%	$2.7M+3770.9%	$70K-39.0%	$115K
Current Assets	$16.8M+10.0%	$15.2M-37.3%	$24.3M-12.2%	$27.7M-11.4%	$31.3M-11.2%	$35.3M+99.0%	$17.7M-9.4%	$19.6M+4.5%	$18.7M+1148.8%	$1.5M+2734.0%	$53K+43.2%	$37K-97.6%	$1.6M+2252.2%	$66K-39.9%	$110K
Cash & Equivalents	$5.4M+30.0%	$4.1M-41.0%	$7.0M-16.9%	$8.4M-34.8%	$12.9M-30.8%	$18.6M+226.8%	$5.7M-58.4%	$13.7M+33.0%	$10.3M+597.4%	$1.5M+3891.9%	$37K+2.4%	$36K-88.1%	$304K	N/A	$50K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	N/A	$0
Inventory	$685K-56.8%	$1.6M-11.9%	$1.8M-30.6%	$2.6M-0.1%	$2.6M+1.2%	$2.6M	N/A	N/A	N/A	N/A	N/A	$162K+140.9%	$67K	N/A	N/A
Accounts Receivable	$8.4M+1.7%	$8.3M-37.2%	$13.2M-3.3%	$13.7M-0.2%	$13.7M+29.5%	$10.6M+171.7%	$3.9M-9.9%	$4.3M+44.3%	$3.0M	N/A	N/A	$68K-54.3%	$148K	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	N/A	$0
Goodwill	$21.7M0.0%	$21.7M-7.1%	$23.4M0.0%	$23.4M0.0%	$23.4M+3.4%	$22.6M+133.9%	$9.7M0.0%	$9.7M+79.9%	$5.4M	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$59.3M+1.7%	$58.3M-19.7%	$72.6M+17.0%	$62.1M-29.3%	$87.7M+13.0%	$77.6M+26.8%	$61.2M+23.9%	$49.4M+66.8%	$29.6M+497.1%	$5.0M-0.5%	$5.0M+90.5%	$2.6M-31.4%	$3.8M+300.6%	$952K+129.3%	$415K
Current Liabilities	$35.9M-1.4%	$36.4M-22.3%	$46.8M+5.3%	$44.5M-26.0%	$60.1M+18.0%	$51.0M+6.6%	$47.8M+39.7%	$34.2M+33.2%	$25.7M+443.0%	$4.7M-3.0%	$4.9M+86.3%	$2.6M+121.8%	$1.2M+178.0%	$425K+92.2%	$221K
Non-Current Liabilities	$23.4M+6.7%	$21.9M-15.0%	$25.8M+46.4%	$17.6M-36.3%	$27.6M+3.6%	$26.7M+98.3%	$13.5M-11.7%	$15.2M+285.9%	$3.9M+1601.7%	$232K+110.4%	$110K-91.5%	$1.3M+1.9%	$1.3M+140.1%	$528K+171.4%	$194K
Long-Term Debt	N/A	N/A	N/A	N/A	$26.7M	N/A	$6.5M-36.7%	$10.3M	N/A	$288K+161.5%	$110K	N/A	N/A	N/A	N/A
Total Equity	-$20.5M-15.6%	-$17.8M-103.3%	-$8.7M-763.2%	-$1.0M+90.7%	-$10.9M-234.2%	$8.1M+214.1%	-$7.1M-175.3%	$9.5M-75.4%	$38.4M+1227.3%	-$3.4M-1574.5%	$231K-90.4%	$2.4M+320.4%	-$1.1M-23.6%	-$882K-194.0%	-$300K
Retained Earnings	-$287.3M-8.4%	-$265.1M-10.9%	-$239.0M-6.6%	-$224.3M-4.9%	-$213.9M-25.8%	-$169.9M-32.6%	-$128.1M-43.6%	-$89.2M-73.4%	-$51.4M-83.1%	-$28.1M-102.9%	-$13.8M-37.1%	-$10.1M-6411.0%	$160K	N/A	N/A

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Total Assets	$48.7M-0.4%	$46.9M+15.7%	$52.3M-7.0%	$53.8M-19.9%	$48.9M-24.3%	$40.5M-36.6%	$56.2M-14.6%	$67.2M+2.8%
Current Assets	$21.8M-5.1%	$16.8M+10.0%	$21.2M-6.9%	$22.3M-23.0%	$22.9M-10.4%	$15.2M-37.3%	$22.8M-12.9%	$29.0M+10.4%
Cash & Equivalents	$8.6M-27.5%	$5.4M+30.0%	$8.6M-20.5%	$11.7M+6.1%	$11.9M+92.9%	$4.1M-41.0%	$10.9M+73.7%	$11.1M+206.5%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$728K-37.0%	$685K-56.8%	$1.4M-13.3%	$1.5M-12.7%	$1.2M-58.8%	$1.6M-11.9%	$1.6M-21.9%	$1.7M-26.5%
Accounts Receivable	$8.8M+6.1%	$8.4M+1.7%	$9.8M+12.1%	$7.7M-45.7%	$8.3M-43.6%	$8.3M-37.2%	$8.8M-45.3%	$14.1M-18.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$21.7M0.0%	$21.7M0.0%	$21.7M-7.1%	$21.7M-7.1%	$21.7M-7.1%	$21.7M-7.1%	$23.4M0.0%	$23.4M0.0%
Total Liabilities	$53.8M-11.9%	$59.3M+1.7%	$62.8M+14.0%	$61.8M+0.8%	$61.0M+5.2%	$58.3M-19.7%	$55.1M-21.9%	$61.4M-14.0%
Current Liabilities	$35.0M+2.9%	$35.9M-1.4%	$39.3M-3.9%	$35.5M-30.9%	$34.0M-29.5%	$36.4M-22.3%	$40.8M-14.3%	$51.3M+9.9%
Non-Current Liabilities	$18.8M-30.5%	$23.4M+6.7%	$23.5M+65.4%	$26.4M+161.5%	$27.1M+174.2%	$21.9M-15.0%	$14.2M-37.7%	$10.1M-59.2%
Total Equity	-$13.7M+34.4%	-$20.5M-15.6%	-$19.0M-124.7%	-$16.2M-248.5%	-$20.8M-447.2%	-$17.8M-103.3%	-$8.4M-80.0%	-$4.7M+22.1%
Retained Earnings	-$290.1M-7.8%	-$287.3M-8.4%	-$279.3M-9.8%	-$274.9M-10.6%	-$269.1M-11.7%	-$265.1M-10.9%	-$254.3M-7.8%	-$248.6M-6.4%

Not reported in any period shown, so not listed: Long-Term Debt.

LVO Cash Flow Statement

LVO quarterly cash flow statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	-$9.6M	-$10.5M-265.6%	$6.4M-7.0%	$6.8M+278.2%	-$3.8M+57.9%	-$9.1M+4.0%	-$9.5M-94.3%	-$4.9M+15.2%	-$5.8M-0.8%	-$5.7M-83.3%	-$3.1M-4.1%	-$3.0M-216.5%	-$948K-1709.1%	-$52K	N/A	-$566K
Depreciation & Amortization	N/A	$1.6M-69.5%	$5.3M+4.3%	$5.1M-35.9%	$8.0M-17.2%	$9.6M+200.7%	$3.2M+52.4%	$2.1M+133.3%	$900K-64.5%	$2.5M+10466.7%	$24K+278.8%	$6K+107.9%	$3K+85.3%	$2K+39.9%	$1K+512.5%	$192
Stock-Based Compensation	N/A	$11.2M+81.0%	$6.2M-2.8%	$6.3M+107.9%	$3.0M-76.0%	$12.7M+12.6%	$11.3M-6.2%	$12.0M+30.5%	$9.2M+186.0%	$3.2M	$0	N/A	$2.6M+138.7%	$1.1M+243.0%	$318K+1877.4%	$16K
Capital Expenditures	$3.0M	$3.2M+4.0%	$3.1M+0.6%	$3.0M+24.6%	$2.4M-34.9%	$3.7M+16.7%	$3.2M+24.6%	$2.6M+1.7%	$2.5M+5067.3%	$49K+157.9%	$19K-67.2%	$58K+990.1%	$5K-96.5%	$151K	$0-100.0%	$6K
Free Cash Flow	-$12.6M	-$13.7M-513.9%	$3.3M-13.0%	$3.8M+160.7%	-$6.3M+51.2%	-$12.9M-1.2%	-$12.7M-70.3%	-$7.5M+10.0%	-$8.3M-43.8%	-$5.8M-83.8%	-$3.1M-2.7%	-$3.1M-220.9%	-$953K-368.7%	-$203K	N/A	-$572K
Investing Cash Flow	-$5.1M	-$8.2M-161.8%	-$3.1M+22.8%	-$4.0M-65.1%	-$2.5M+38.4%	-$4.0M-403.0%	-$791K+67.5%	-$2.4M+3.8%	-$2.5M-9.6%	-$2.3M-206.8%	$2.2M	N/A	N/A	N/A	-$100K-1608.2%	-$6K
Financing Cash Flow	$11.4M	$20.0M+419.9%	-$6.2M-44.8%	-$4.3M-341.0%	$1.8M-76.1%	$7.5M-55.0%	$16.6M+185.3%	$5.8M-29.5%	$8.3M-59.7%	$20.5M+755.4%	$2.4M	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	$0-100.0%	$509K	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$408K	N/A	N/A	N/A
Share Buybacks	$359K	$599K-40.0%	$999K-61.9%	$2.6M+21.2%	$2.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Operating Cash Flow	-$2.1M+31.4%	-$2.0M+52.5%	-$2.3M-164.2%	-$3.2M-155.6%	-$3.0M-327.0%	-$4.3M-240.3%	$3.5M-8.4%	$5.8M+555.9%
Depreciation & Amortization	$1.0M+251.6%	$774K-43.1%	$381K-66.6%	$246K-81.7%	$289K-79.5%	$1.4M-5.5%	$1.1M-20.2%	$1.3M+7.2%
Stock-Based Compensation	$6.4M+337.9%	N/A	$2.7M+94.8%	$2.2M-5.6%	$1.5M-9.9%	N/A	$1.4M	$2.3M
Capital Expenditures	$848K-16.9%	$681K-26.4%	$651K-18.9%	$824K+39.9%	$1.0M+38.6%	$925K-2.0%	$803K-3.0%	$589K-7.5%
Free Cash Flow	-$2.9M+27.8%	-$2.7M+47.8%	-$2.9M-207.1%	-$4.0M-177.8%	-$4.1M-771.1%	-$5.2M-347.4%	$2.7M-9.9%	$5.2M+372.4%
Investing Cash Flow	$2.1M+302.0%	-$681K+31.6%	-$651K+18.9%	-$5.8M-888.8%	-$1.0M-38.6%	-$995K+21.4%	-$803K+18.1%	-$589K+49.8%
Financing Cash Flow	$3.3M-72.1%	-$561K+61.8%	-$187K+93.6%	$8.9M+2210.5%	$11.8M+929.1%	-$1.5M-35.0%	-$2.9M-1186.3%	-$420K-141.2%
Dividends Paid	N/A	$0	$0	$0	$0-100.0%	$0	$0	$0
Share Buybacks	$0-100.0%	$0	$14K	$345K+38.0%	$240K-68.0%	$0-100.0%	$0-100.0%	$250K-56.5%

LVO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LVO quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	15.9%-9.6pp	25.5%-1.6pp	27.1%-5.9pp	33.0%+12.4pp	20.5%	N/A	N/A	7.5%+0.6pp	7.0%	-224.4%	N/A	85.2%-0.2pp	85.3%	N/A	N/A
Operating Margin	-20.1%-4.3pp	-15.8%-11.8pp	-3.9%-1.7pp	-2.2%+30.2pp	-32.4%+12.7pp	-45.0%+48.1pp	-93.1%	-100.6%	-206.8%	-2437.8%	N/A	-43.6%-48.3pp	4.7%	N/A	N/A
Net Margin	-27.6%-9.7pp	-17.8%-7.7pp	-10.1%0.0pp	-10.1%+27.5pp	-37.5%+26.6pp	-64.1%	-100.7%	-112.1%	-324.3%	N/A	N/A	-75.4%-77.2pp	1.8%	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	-514.0%	N/A	-399.1%-338.3pp	-60.8%	N/A	-1622.1%-1388.6pp	-233.4%	N/A	N/A	N/A
Return on Assets	-45.3%+4.9pp	-50.3%-31.5pp	-18.7%-3.5pp	-15.2%+41.9pp	-57.2%-8.4pp	-48.8%+23.2pp	-71.9%-7.8pp	-64.1%-29.8pp	-34.3%	N/A	-71.8%+39.9pp	-111.7%-116.2pp	4.5%	N/A	N/A
Current Ratio	0.470.0x	0.42-0.1x	0.52-0.1x	0.62+0.1x	0.52-0.2x	0.69+0.3x	0.37-0.2x	0.57-0.2x	0.73+0.4x	0.32+0.3x	0.010.0x	0.01-1.3x	1.31+1.2x	0.16-0.3x	0.50
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	9.54	N/A	1.09+0.3x	0.77	N/A	0.48-0.6x	1.09	N/A	N/A	N/A
Asset Turnover	1.65-1.2x	2.82+1.0x	1.85+0.3x	1.510.0x	1.52+0.8x	0.760.0x	0.71+0.1x	0.57+0.5x	0.110.0x	0.14	N/A	1.48-1.1x	2.55+2.6x	0.000.0x	0.00
FCF Margin	-17.8%-20.7pp	2.9%-0.3pp	3.2%+9.5pp	-6.3%+4.7pp	-11.0%+8.5pp	-19.5%-0.2pp	-19.3%+5.3pp	-24.6%+55.6pp	-80.3%	-1396.4%	N/A	-12.8%-9.9pp	-2.9%	N/A	N/A

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Gross Margin	20.4%+8.0pp	18.5%-12.3pp	18.8%-5.5pp	13.8%-10.9pp	12.4%-11.8pp	30.8%+5.3pp	24.3%-1.2pp	24.8%-3.2pp
Operating Margin	-19.0%+2.0pp	-26.0%+29.7pp	-9.6%+7.7pp	-24.3%-20.1pp	-21.0%-18.6pp	-55.8%-52.1pp	-17.4%-14.9pp	-4.3%+4.5pp
Net Margin	-13.4%+5.3pp	-42.6%+20.2pp	-20.1%-2.3pp	-29.5%-23.8pp	-18.7%-15.2pp	-62.8%-55.4pp	-17.8%-12.7pp	-5.7%+20.9pp
Return on Assets	-5.3%+2.0pp	-17.2%+12.7pp	-7.8%+1.5pp	-10.3%-7.5pp	-7.3%-5.5pp	-29.9%-26.3pp	-9.3%-6.9pp	-2.8%+8.8pp
Current Ratio	0.62-0.1x	0.470.0x	0.540.0x	0.63+0.1x	0.68+0.1x	0.42-0.1x	0.560.0x	0.570.0x
Asset Turnover	0.400.0x	0.40-0.1x	0.39-0.1x	0.35-0.1x	0.39-0.1x	0.480.0x	0.520.0x	0.480.0x
FCF Margin	-15.2%+6.0pp	-14.3%+12.6pp	-14.4%-23.6pp	-21.5%-37.4pp	-21.2%-23.0pp	-26.9%-33.7pp	9.2%-0.4pp	15.9%+22.6pp

Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.

Note: Shareholder equity is negative (-$20.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.47), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
LiveOne, Inc. LVO	FY2026	$77.1M	-$21.3M	-27.6%	$35.5M	28/100
Cineverse Corp. CNVS	FY2026	$65.7M	-$8.7M	-13.2%	$45.4M	21/100
Reading International, Inc RDI	FY2025	$203.0M	-$14.1M	-7.0%	$43.3M	17/100
Mega Matrix Inc. MPU	FY2025	$26.1M	-$34.3M	N/A	$9.3M	22/100
NIP Group Inc. NIPG	FY2025	$82.5M	-$13.3M	-16.1%	$82.6M	44/100

Where LiveOne, Inc. Ranks

Frequently Asked Questions

What is LiveOne, Inc.'s annual revenue?

LiveOne, Inc. (LVO) reported $77.1M in total revenue for fiscal year 2026. This represents a -32.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is LiveOne, Inc.'s revenue growing?

LiveOne, Inc. (LVO) revenue declined by 32.6% year-over-year, from $114.4M to $77.1M in fiscal year 2026.

Is LiveOne, Inc. profitable?

No, LiveOne, Inc. (LVO) reported a net income of -$21.3M in fiscal year 2026, with a net profit margin of -27.6%.

What is LiveOne, Inc.'s EBITDA?

LiveOne, Inc. (LVO) had EBITDA of -$13.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is LiveOne, Inc.'s gross margin?

LiveOne, Inc. (LVO) had a gross margin of 15.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is LiveOne, Inc.'s operating margin?

LiveOne, Inc. (LVO) had an operating margin of -20.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is LiveOne, Inc.'s net profit margin?

LiveOne, Inc. (LVO) had a net profit margin of -27.6% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is LiveOne, Inc.'s free cash flow?

LiveOne, Inc. (LVO) recorded an outflow of $13.7M in free cash flow during fiscal year 2026. This represents a -513.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is LiveOne, Inc.'s operating cash flow?

LiveOne, Inc. (LVO) recorded an outflow of $10.5M in operating cash flow during fiscal year 2026, representing cash used by core business activities.

What are LiveOne, Inc.'s total assets?

LiveOne, Inc. (LVO) had $46.9M in total assets as of fiscal year 2026, including both current and long-term assets.

What are LiveOne, Inc.'s capital expenditures?

LiveOne, Inc. (LVO) invested $3.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does LiveOne, Inc. spend on research and development?

LiveOne, Inc. (LVO) invested $2.4M in research and development during fiscal year 2026.

Does LiveOne, Inc. buy back shares?

Yes, LiveOne, Inc. (LVO) spent $599K on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does LiveOne, Inc. have outstanding?

LiveOne, Inc. (LVO) had 14M shares outstanding as of fiscal year 2026.

What is LiveOne, Inc.'s current ratio?

LiveOne, Inc. (LVO) had a current ratio of 0.47 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.

What is LiveOne, Inc.'s return on assets (ROA)?

LiveOne, Inc. (LVO) had a return on assets of -45.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is LiveOne, Inc.'s P/E ratio?

LiveOne, Inc. (LVO) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $35.5M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is LiveOne, Inc.'s price-to-sales ratio?

LiveOne, Inc. (LVO) trades at 0.5x sales, its market capitalization divided by revenue of $77.3M revenue, trailing 12 months to June 30, 2026. The market capitalization is $35.5M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does LiveOne, Inc.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2026, LiveOne, Inc. (LVO) held $5.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $10.5M over that year. Dividing the one by the other, the reported balance equals about 6 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Why is LiveOne, Inc.'s debt-to-equity ratio negative or not reported?

LiveOne, Inc. (LVO) has negative shareholder equity of -$20.5M as of fiscal year 2026, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is LiveOne, Inc.'s Altman Z-Score?

LiveOne, Inc. (LVO) has an Altman Z-Score of -8.15, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is LiveOne, Inc.'s Piotroski F-Score?

LiveOne, Inc. (LVO) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are LiveOne, Inc.'s earnings high quality?

LiveOne, Inc. (LVO) reported a net loss of $21.3M while operations used $10.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can LiveOne, Inc. cover its interest payments?

LiveOne, Inc. (LVO) reported an operating loss of $15.5M against $300K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is LiveOne, Inc.?

LiveOne, Inc. (LVO) scores 28 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.