LiveOne (Nasdaq: LVO) Delivers Record Q1 Fiscal 2027 Results with $19.4 Million Revenue and $4.3 Million Adjusted EBITDA; PodcastOne Posts Record $16.1 Million Revenue
Rhea-AI Summary
LiveOne (Nasdaq: LVO) reported Q1 Fiscal 2027 revenue of $19.4 million, slightly above $19.2 million a year ago, and a record Adjusted EBITDA* of $4.3 million, a $6.1 million improvement from Q1 Fiscal 2026. The Audio Division generated $18.6 million revenue and record Adjusted EBITDA* of $6.3 million, driven largely by higher PodcastOne revenue, which reached a record $16.1 million in the quarter. Net loss narrowed to $3.1 million versus $3.9 million, with net loss per share improving to ($0.23) from ($0.40). Cash rose by $3.3 million to $8.6 million, total liabilities fell by $5.5 million, and LiveOne’s stockholders’ deficit improved by about $6.9 million compared with March 31, 2026. LiveOne will host its Q1 earnings call on August 12, 2026 at 10:30 a.m. ET.
Positive
- Revenue $19.4M, slightly above prior-year Q1 $19.2M
- Adjusted EBITDA* $4.3M, up $6.1M from ($1.8M) year ago
- Audio Division $18.6M revenue with $6.3M Adjusted EBITDA*
- Net loss improved to $3.1M from $3.9M; EPS ($0.23) vs ($0.40)
- Cash balance increased $3.3M to $8.6M quarter-over-quarter
- Total liabilities decreased $5.5M; stockholders’ deficit reduced by about $6.9M
Negative
- Continued net loss of $3.1M despite strong Adjusted EBITDA*
- LiveOne reports a total stockholders’ deficit of $5.0M as of June 30, 2026
- General and administrative expenses rose to $5.5M from $4.1M year-over-year
- Interest expense, net, remained significant at about $0.6M in the quarter
Market reaction after Q1 Fiscal 2027 earnings report: LVO -8.49%
Following this news, LVO has declined 8.49%, reflecting a notable negative market reaction. Argus tracked a trough of -14.9% from its starting point during tracking. Our momentum scanner has triggered 12 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $4.17. Trading volume is exceptionally heavy at 19.4x the average, suggesting significant selling pressure.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 04 | earnings scheduling | Neutral | -4.6% | Scheduled Q1 Fiscal 2027 results release and webcast for August 12. |
| Jun 24 | fiscal results | Positive | -12.2% | Reported fiscal 2026 results and raised Fiscal 2027 revenue and EBITDA outlook. |
| Jun 17 | earnings scheduling | Neutral | +1.1% | Announced the June 24 release date for fiscal 2026 financial results. |
| Jun 03 | partnership announcement | Positive | -6.4% | Expanded connected-car entertainment collaboration with AT&T and Cisco. |
| May 28 | AI partnership | Positive | -4.6% | Expanded AI marketing and Tesla partnership to convert free subscribers. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
LiveOne's prior positive operating and partnership announcements were followed by negative 24-hour reactions in three of four substantive events.
Key Terms
adjusted ebitda financial
contribution margin financial
convertible note financial
non-controlling interest financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOS ANGELES, Aug. 12, 2026 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today its financial results for the first quarter (“Q1 Fiscal 2027”) ended June 30, 2026. LiveOne will host a conference call and webcast today, August 12, 2026.
Financial Highlights
- Q1 Fiscal 2027 Revenue:
$19.4M - Q1 Fiscal 2027 Adjusted EBITDA*:
$4.3M , a$6.1M improvement from prior year Q1 (or338% ) - Audio Division Q1 Fiscal 2027 Revenue:
$18.6M , and record Adjusted EBITDA* of$6.3M - Increased cash by
$3.3 million - Increased stockholders’ equity by
$6.9 million - Reduced total liabilities by
$5.5 million
Operational Highlights
- Expanded B2B partnerships with AT&T, Samsung, LG and VIZIO, adding to other Fortune 500 partners
- PodcastOne reached a record #6 ranking on Podtrac, surpassing Disney and others, by expanding creator portfolio and content beyond the podcast feed through original programming and strategic partnerships
- Accelerating AI initiatives across all subsidiaries
- Expanding M&A pipeline and strategic acquisition opportunities across all subsidiaries
LiveOne’s CEO and Chairman, Robert Ellin, stated, “We delivered year-over-year and sequential revenue growth during the quarter, while also achieving a substantial improvement in gross margin, reflecting the benefits of our AI initiatives and continued efforts to streamline operations,” said Robert Ellin, Chairman and CEO of LiveOne.
| Q1 Fiscal 2027 Earnings Conference Call and Webcast | |
| Date: | Wednesday, August 12, 2026 |
| Time: | 10:30 AM Eastern Time (7:30 AM Pacific Time) |
| Webcast Link: | https://events.q4inc.com/attendee/676871665 |
| Dial-in: | (833) 461-5787 |
| International Dial-in: | +44 808 196 8935 |
| Meeting ID: | 676 871 665 |
Q1 Fiscal 2027 vs Q1 Fiscal 2026 Results Summary (in
| Three Months Ended | ||||||
| June 30, | ||||||
| 2026 | 2025 | |||||
| Revenue | $ | 19,350 | $ | 19,207 | ||
| Operating loss | $ | (3,676 | ) | $ | (4,034 | ) |
| Total other income | $ | 586 | $ | 170 | ||
| Net loss | $ | (3,098 | ) | $ | (3,864 | ) |
| Adjusted EBITDA* | $ | 4,316 | $ | (1,812 | ) | |
| Net loss per share basic and diluted | ( | ) | ( | ) | ||
Q1 Fiscal 2027 Results Summary Discussion
For Q1 Fiscal 2027, LiveOne posted revenue of
Q1 Fiscal 2027 Operating Loss was (
Q1 Fiscal 2027 Adjusted EBITDA* was
About LiveOne
Headquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide and live and virtual events. LiveOne's subsidiaries include Slacker, PodcastOne (Nasdaq: PODC), PPVOne, Custom Personalization Solutions, LiveXLive and DayOne Music Publishing. LiveOne is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR's OTT applications. For more information, visit liveone.com and follow us on Facebook, Instagram, TikTok, YouTube and Twitter at @liveone. For more investor information, please visit ir.liveone.com.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,” “will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “could,” “believe,” “seek,” “continue,” “contemplate,” “predict,” “potential,” “target” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne’s reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne’s ability to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance stockholder value; LiveOne’s ability to continue as a going concern; LiveOne’s ability to attract, maintain and increase the number of its subscribers and paid users; LiveOne identifying, acquiring, securing and developing content; LiveOne’s ability to implement and continue its announced digital asset treasury strategy and/or purchase digital assets from time to time pursuant to such strategy, including for the maximum announced amount, and other risks related to such strategy; LiveOne’s intent to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne’s ability to maintain compliance with certain financial and other debt covenants; LiveOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management’s relationships with industry stakeholders; LiveOne’s ability to repay its indebtedness when due; LiveOne’s ability to satisfy the conditions for closing on its announced additional convertible debentures financing; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such legal proceedings; significant legal, commercial, regulatory and technical uncertainty and risks related to digital assets; regulatory developments related to digital assets and digital asset markets; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of LiveOne’s subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in LiveOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2026, filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 29, 2026, and in LiveOne’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
* About Non-GAAP Financial Measures
To supplement our consolidated financial statements, which are prepared and presented in accordance with the accounting principles generally accepted in the United States of America ("GAAP"), we present Contribution Margin (Loss) and Adjusted Earnings Before Interest Tax Depreciation and Amortization ("Adjusted EBITDA"), which are non-GAAP financial measures, as measures of our performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss and or net income (loss) or any other performance measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our cash flows or liquidity.
We use Contribution Margin (Loss) and Adjusted EBITDA to evaluate the performance of our operating segments. We believe that information about these non-GAAP financial measures assists investors by allowing them to evaluate changes in the operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and the other factors that affect reported results. Adjusted EBITDA is not calculated or presented in accordance with GAAP. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly, Adjusted EBITDA should be considered in addition to, and not as a substitute for operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies.
Contribution Margin (Loss) is defined as Revenue less Cost of Sales before (a) Cost of Sales share-based compensation expense, (b) depreciation, and (c) amortization of developed technology. Adjusted EBITDA is defined as earnings before interest, other (income) expense, income tax expense, depreciation and amortization and before (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional fees directly attributable to acquisition activity, (c) employee severance payments and third party professional fees directly attributable to acquisition or corporate realignment activities, (d) certain non-recurring expenses associated with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at acquired companies prior to their purchase date and a one-time minimum guarantee to effectively terminate a live events distribution agreement post COVID-19, and (e) certain stock-based compensation expense. Management does not consider these costs to be indicative of our core operating results.
With respect to projected quarter and full Fiscal 2027 Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable efforts due to the high variability, complexity and low visibility with respect to purchase accounting adjustments, acquisition-related charges and legal settlement reserves excluded from Adjusted EBITDA. We expect that the variability of these items to have a potentially unpredictable, and potentially significant, impact on our future GAAP financial results.
For more information on these non-GAAP financial measures, please see the tables entitled "Reconciliation of Non-GAAP Measure to GAAP Measure" included at the end of this release.
LiveOne Press Contact:
press@liveone.com
LiveOne Investor Relations Contact:
IR@liveone.com
Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and X at @liveone.
Financial Information
The tables below present financial results for the three months ended June 30, 2026 and 2025.
| LiveOne, Inc. Consolidated Statements of Operations (Unaudited) (In thousands, except share and per share amounts) | ||||||
| Three Months Ended | ||||||
| June 30, | ||||||
| 2026 | 2025 | |||||
| Revenue: | $ | 19,350 | $ | 19,207 | ||
| Operating expenses: | ||||||
| Cost of sales | 15,411 | 16,825 | ||||
| Sales and marketing | 923 | 1,261 | ||||
| Product development | 974 | 934 | ||||
| General and administrative | 5,539 | 4,076 | ||||
| Amortization of intangible assets | 179 | 145 | ||||
| Total operating expenses | 23,026 | 23,241 | ||||
| Loss from operations | (3,676 | ) | (4,034 | ) | ||
| Other income (expense): | ||||||
| Interest expense, net | (632 | ) | (687 | ) | ||
| Change in fair value of digital assets | (35 | ) | - | |||
| Other income (expense) | 1,253 | 857 | ||||
| Total other income (expense), net | 586 | 170 | ||||
| Loss before provision (benefit) for income taxes | (3,090 | ) | (3,864 | ) | ||
| Provision for income taxes | 8 | - | ||||
| Net loss | (3,098 | ) | (3,864 | ) | ||
| Net loss attributable to non-controlling interest | (506 | ) | (271 | ) | ||
| Net loss attributed to LiveOne | $ | (2,592 | ) | $ | (3,593 | ) |
| Net loss per share–basic and diluted | $ | (0.23 | ) | $ | (0.40 | ) |
| Weighted average common shares–basic and diluted | 13,276,341 | 9,674,190 | ||||
| LiveOne, Inc. Consolidated Balance Sheets (Unaudited) (In thousands) | ||||||
| June 30, | March 31, | |||||
| 2026 | 2026 | |||||
| Assets | ||||||
| Current Assets | ||||||
| Cash and cash equivalents | $ | 8,626 | $ | 5,353 | ||
| Restricted cash | 30 | 30 | ||||
| Accounts receivable, net | 8,831 | 8,437 | ||||
| Inventories | 728 | 685 | ||||
| Prepaid expense and other current assets | 3,553 | 2,273 | ||||
| Total Current Assets | 21,768 | 16,778 | ||||
| Property and equipment, net | 3,238 | 3,297 | ||||
| Goodwill | 21,712 | 21,712 | ||||
| Intangible assets, net | 1,808 | 1,916 | ||||
| Digital assets | - | 2,943 | ||||
| Other assets | 203 | 229 | ||||
| Total Assets | $ | 48,729 | $ | 46,875 | ||
| Liabilities and Stockholders’ Deficit | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | $ | 28,513 | $ | 27,719 | ||
| Accrued royalties | 1,973 | 3,475 | ||||
| Deferred revenue | 1,365 | 1,789 | ||||
| Convertible note, current portion | 3,100 | 2,900 | ||||
| Total Current Liabilities | 34,951 | 35,883 | ||||
| Notes payable, net | 149 | 149 | ||||
| Convertible note, noncurrent | 10,966 | 11,689 | ||||
| Lease liabilities, noncurrent | 134 | 134 | ||||
| Other long-term liabilities | 7,506 | 11,351 | ||||
| Deferred income taxes | 61 | 61 | ||||
| Total Liabilities | 53,767 | 59,267 | ||||
| Stockholders’ Deficit | ||||||
| Preferred stock, | 8,695 | 8,438 | ||||
| Common stock, | 12 | 12 | ||||
| Additional paid in capital | 268,582 | 259,122 | ||||
| Treasury stock | (849) | (849) | ||||
| Accumulated deficit | (290,120) | (287,270) | ||||
| Total LiveOne's Stockholders’ Deficit | (13,680) | (20,547) | ||||
| Non-controlling interest | 8,642 | 8,155 | ||||
| Total equity (deficit) | (5,038) | (12,392) | ||||
| Total Liabilities and Stockholders’ Deficit | $ | 48,729 | $ | 46,875 | ||
| LiveOne, Inc. Reconciliation of Non-GAAP Measure to GAAP Measure Adjusted EBITDA* Reconciliation (Unaudited) (In thousands) | |||||||||||||||||||||||||
| Net Income (Loss)* | Depreciation and Amortization* | Employee Stock-Based Compensation* | Other Stock-Based Compensation* | Non- Recurring Acquisition and Realignment Costs (1)* | Other (Income) Expense (2)* | (Benefit) Provision for Taxes* | Adjusted EBITDA* | ||||||||||||||||||
| Three Months Ended June 30, 2026 | |||||||||||||||||||||||||
| Operations – PodcastOne | $ | (1,558) | $ | 164 | $ | 65 | $ | 2,832 | $ | 75 | $ | (2) | $ | - | $ | 1,576 | |||||||||
| Operations – Slacker | 1,623 | 805 | 16 | 3,658 | - | (1,389) | - | 4,713 | |||||||||||||||||
| Operations – Other | (433) | 47 | 16 | 9 | - | 6 | - | (355) | |||||||||||||||||
| Corporate | (2,730) | - | 68 | (288) | 525 | 799 | 8 | (1,618) | |||||||||||||||||
| Total | $ | (3,098) | $ | 1,016 | $ | 165 | $ | 6,211 | $ | 600 | $ | (586) | $ | 8 | $ | 4,316 | |||||||||
| Three Months Ended June 30, 2025 | |||||||||||||||||||||||||
| Operations – PodcastOne | $ | (1,054) | 152 | $ | 45 | $ | 1,420 | $ | 17 | $ | - | $ | - | $ | 580 | ||||||||||
| Operations – Slacker | 217 | 71 | 1 | 90 | (10) | (561) | - | (192) | |||||||||||||||||
| Operations – Other | (991) | 66 | 69 | 114 | - | 29 | - | (713) | |||||||||||||||||
| Corporate | (2,036) | - | 40 | (323) | 470 | 362 | - | (1,487) | |||||||||||||||||
| Total | $ | (3,864) | $ | 289 | $ | 155 | $ | 1,301 | $ | 477 | $ | (170) | $ | - | $ | (1,812) | |||||||||
(1) Other Non-Operating and Non-Recurring Costs include outside legal, accounting and other professional fees directly attributable to acquisition activity in the period, in addition to certain non-recurring expenses associated with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at certain acquired companies prior to their purchase date and non-recurring employee severance payments.
(2) Other (income) expense above primarily includes interest expense, net and change in fair value of derivative liabilities. These are included in the statement of operations in other income (expense) and are an add back to net loss above in the reconciliation of Adjusted EBITDA* to loss.
| LiveOne, Inc. Reconciliation of Non-GAAP Measure to GAAP Measure Contribution Margin* Reconciliation (Unaudited) (In thousands) | ||||||
| Three Months Ended | ||||||
| June 30, | ||||||
| 2026* | 2025* | |||||
| Revenue: | $ | 19,350 | $ | 19,207 | ||
| Less: | ||||||
| Cost of sales | 15,411 | 16,825 | ||||
| Amortization of developed technology | (718) | (212) | ||||
| Gross Profit | 3,221 | 2,170 | ||||
| Add backs: | ||||||
| Share-based compensation | 4,897 | 1,020 | ||||
| Depreciation | 3 | 23 | ||||
| Amortization of developed technology: | 718 | 212 | ||||
| Contribution Margin | $ | 8,839 | $ | 3,425 | ||
* See the definition of Contribution Margin under “About Non-GAAP Financial Measures” within this release.
Tables accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/db0a0e09-1dba-484a-b840-c1ab93667911
https://www.globenewswire.com/NewsRoom/AttachmentNg/c37de65a-a2e4-4d50-9599-d2b8bb017875
https://www.globenewswire.com/NewsRoom/AttachmentNg/1551fcf1-da0e-41eb-9ed3-fdba46955c06
https://www.globenewswire.com/NewsRoom/AttachmentNg/e9384513-63ea-481b-99ce-2286ad00fb55
https://www.globenewswire.com/NewsRoom/AttachmentNg/08f12edf-72f2-4f83-980e-10aae35fc36f
