LiveOne (Nasdaq: LVO) Issues Updated Fiscal 2026 Guidance of $82M–$90M of Revenue and $5M–$10M of Adjusted EBITDA* (Excluding Corporate Overhead)
Rhea-AI Summary
LiveOne (Nasdaq: LVO) updated Fiscal 2026 guidance, forecasting $82M–$90M of revenue and $5M–$10M of Adjusted EBITDA* (excluding corporate overhead) for the year ended March 31, 2026. The company completed >$15M of payables conversions at $7.50 per share and continues a share repurchase program with >$5M remaining. LiveOne expects all key subsidiaries to be Adjusted EBITDA* positive and signed multi-year music licensing extensions; a restructured Custom Personalization Solutions unit is projected to add $3.5M revenue and $600K+ cash flow in Fiscal 2026.
Positive
- Fiscal 2026 revenue guidance of $82M–$90M
- Adjusted EBITDA* (ex-corporate) guidance of $5M–$10M
- Completed >$15M payables conversion at $7.50 per share
- Signed multi-year extensions with ASCAP, BMI, Merlin, Warner Music
- CPS restructuring expected to generate $3.5M revenue and $600K+ cash flow
Negative
- Issued >$15M of common stock at $7.50 per share (increases share count)
- Company discloses going-concern risk among forward-looking factors
- Projected Adjusted EBITDA reconciliation unavailable due to high variability and low visibility
News Market Reaction – LVO
In the Apr 29 session, LVO declined 2.10%, reflecting a moderate negative market reaction. Argus tracked a peak move of +4.4% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 28 | Subsidiary outlook, stake | Positive | -10.3% | PodcastOne issued strong FY 2026 outlook and LiveOne highlighted its PODC stake. |
| Apr 28 | CFO appointment | Neutral | -10.3% | LiveOne and PodcastOne named an interim CFO to drive finance and M&A strategy. |
| Apr 22 | Liability reduction | Positive | +1.4% | Company eliminated over $15M in short-term liabilities and expanded stock conversion plan. |
| Apr 21 | Content milestone | Positive | +2.7% | Dr. Gundry Podcast reached 400 episodes, reinforcing media presence via PodcastOne. |
| Apr 10 | Sports partnership | Positive | -1.3% | Exclusive deal to stream 60+ TBL boxing events across 200+ countries through 2026. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news often skews positive, but LVO has shown several instances where upbeat corporate or growth updates coincided with negative price reactions.
Over the past month, LiveOne has highlighted growth and balance sheet actions, yet share performance has been mixed. A April 10 sports streaming partnership and the April 22 liability elimination both aimed to expand content and strengthen finances. Meanwhile, a Schedule 13G and multiple equity-related moves underscored active capital management. The day before this guidance, a PodcastOne outlook and an interim CFO appointment coincided with a 10.27% decline, framing today’s updated Fiscal 2026 guidance within a volatile reaction pattern to otherwise constructive news.
Key Terms
adjusted EBITDA financial
non-GAAP financial measures financial
contribution margin (loss) financial
GAAP financial
forward-looking statements regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Completes
$15M + of Payables Conversion at$7.50 /Share - LVO Continues Share Repurchase Program with
$5M + Remaining
LOS ANGELES, April 29, 2026 (GLOBE NEWSWIRE) -- 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, 2026 (“Fiscal 2026”), balance sheet improvements and expanded music partnerships.
LiveOne expects Fiscal 2026 revenue of
LiveOne expects all of its key subsidiaries to be Adjusted EBITDA* positive (excluding corporate overhead) for Fiscal 2026. 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 2026 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.
