LiveOne (Nasdaq: LVO) Issues Correction to Press Release Dated April 29, 2026 regarding Fiscal 2027 Guidance
Rhea-AI Summary
LiveOne (Nasdaq: LVO) issued a correction: its updated guidance applies to Fiscal 2027 (year ended March 31, 2027). LiveOne expects $82M–$90M of revenue and $5M–$10M of Adjusted EBITDA* (excluding corporate overhead) for Fiscal 2027.
The company completed >$15M of payables conversions at $7.50/share, continues a share repurchase program with >$5M remaining, signed multi-year music licensing extensions, and expects subsidiaries to be Adjusted EBITDA* positive. A subsidiary restructuring is expected to add $3.5M revenue and >$600K cash flow for Fiscal 2027.
Positive
- Fiscal 2027 revenue guidance of $82M–$90M
- Fiscal 2027 Adjusted EBITDA* guidance of $5M–$10M (ex. corporate overhead)
- $15M+ of payables converted to common stock at $7.50/share
- Multi-year licensing extensions with ASCAP, BMI, Merlin, Warner Music
- Restructuring to add $3.5M revenue and >$600K cash flow for Fiscal 2027
- Share repurchase program with >$5M remaining
Negative
- Company discloses reliance on its largest OEM customer for a substantial percentage of revenue
- No quantitative reconciliation available for projected Fiscal 2027 Adjusted EBITDA
- Projected Adjusted EBITDA excludes unpredictable purchase accounting adjustments and acquisition-related charges
- Statement that LiveOne’s ability to continue as a going concern is a risk factor
- Additional convertible debenture financing remains conditional on closing requirements
News Market Reaction – LVO
On the day this news was published, LVO gained 4.29%, reflecting a moderate positive market reaction. This price movement added approximately $3M to the company's valuation, bringing the market cap to $76.79M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peer action is mixed: MPU appeared on momentum scanners moving +3.79% while NIPG moved -7.97%. With no clear, same-direction move across multiple peers and LVO down 2.1%, the reaction appears stock-specific rather than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 29 | Guidance update | Positive | -2.1% | Raised visibility with guidance of $82M–$90M revenue and $5M–$10M EBITDA. |
| Apr 28 | Subsidiary results | Positive | -10.3% | PodcastOne projected record FY2026 revenue and EBITDA with strong YoY growth. |
| Apr 28 | Management change | Positive | -10.3% | Appointed experienced interim CFO to support M&A and AI-focused growth. |
| Apr 22 | Liability reduction | Positive | +1.4% | Eliminated $15M+ short-term liabilities and delivered $13M+ in cash savings. |
| Apr 21 | Content milestone | Neutral | +2.7% | Dr. Gundry Podcast reached its 400th episode under LiveOne’s PodcastOne unit. |
Recent LVO news has often been followed by negative price reactions even when updates appeared operationally positive, with only some balance-sheet and content milestones aligning with gains.
Over the last weeks, LiveOne announced several initiatives: updated guidance, liability reductions, capital markets activity and a new interim CFO. Guidance of $82M–$90M revenue and $5M–$10M Adjusted EBITDA was paired with >$15M in payables conversions and expanded music licenses, yet shares fell after those updates. Balance-sheet steps eliminating $15M+ in short‑term liabilities and podcast milestones drew modestly positive reactions. Today’s release mainly corrects the fiscal year label to Fiscal 2027, keeping the same targets as the prior day’s guidance.
Regulatory & Risk Context
An active S-3/A shelf dated Apr 29, 2026 registers up to 798,810 shares for resale tied to 11.75% Original Issue Discount Senior Secured Convertible Debentures convertible at $21.00 per share. Proceeds from any resales would go to the selling holders, not LiveOne.
Market Pulse Summary
This announcement corrects LiveOne’s prior release to clarify that guidance of $82M–$90M revenue and $5M–$10M Adjusted EBITDA* applies to Fiscal 2027, not Fiscal 2026. The company also highlights >$15M of payables conversions at $7.50 per share, ongoing buybacks with $5M+ remaining, and an expected $3.5M revenue and $600K+ cash flow contribution from its Custom Personalization Solutions restructuring, all framed within multi‑year music licensing extensions.
Key Terms
adjusted ebitda financial
non-gaap financial measures financial
contribution margin (loss) financial
gaap financial
forward-looking statements regulatory
AI-generated analysis. Not financial advice.
LOS ANGELES, April 30, 2026 (GLOBE NEWSWIRE) -- In a release issued under the headline "LiveOne (Nasdaq: LVO) Issues Updated Fiscal 2026 Guidance of
LiveOne (Nasdaq: LVO) Issues Updated Fiscal 2027 Guidance of
- Completes
$15M + of Payables Conversion at$7.50 /Share - LVO Continues Share Repurchase Program with
$5M + Remaining
LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today updated revenue and Adjusted EBITDA* guidance for its fiscal year ended March 31, 2027 (“Fiscal 2027”), balance sheet improvements and expanded music partnerships.
LiveOne expects Fiscal 2027 revenue of
LiveOne expects all of its key subsidiaries to be Adjusted EBITDA* positive (excluding corporate overhead) for Fiscal 2027. LiveOne has also recently signed multi-year extensions with ASCAP, BMI, Merlin and Warner Music, and expects the completion of the restructuring of its Custom Personalization Solutions subsidiary to generate
Robert Ellin, Chairman and CEO of LiveOne, commented, “I’m very pleased with our recent efforts to secure agreements with our key music partners and strengthen our balance sheet as we continue to position LiveOne for sustained profitability and growth.”
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 users and paid members; LiveOne identifying, acquiring, securing and developing content; LiveOne’s ability to implement 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 Bitcoin, Ethereum and other 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, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 15, 2025, Quarterly Report on Form 10-Q for the quarter ended December 31, 2025, filed with the SEC on February 13, 2025, 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, nine-month 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.
LiveOne Press Contact:
press@liveone.com
Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and X at @liveone.
