LiveOne (NASDAQ:LVO) Reports H1 Fiscal 2027 Revenue of $37.3M and Audio Division Revenue of $36.3M with Over $7.8M Adjusted EBITDA*
Cash increased, but September current liabilities of $49.359 million exceeded current assets of $20.011 million.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
LiveOne (NASDAQ:LVO) reported H1 fiscal 2027 revenue of $37.3 million, down from the same period a year earlier. For the six months ended September 30, 2026, consolidated net loss narrowed to $8.703 million from $9.569 million. Adjusted EBITDA, a non-GAAP earnings measure, turned positive at $3.594 million versus a $2.829 million loss.
Q2 revenue fell to $17.966 million from $18.762 million, while net loss narrowed to $5.605 million from $5.705 million. Q2 adjusted EBITDA remained negative at $719,000. LiveOne revised fiscal 2027 guidance to $70–$75 million revenue and $10 million-plus adjusted EBITDA, reflecting updated business-partner launch timelines. It issued initial fiscal 2028 revenue guidance of $100 million-plus, anticipating its largest partnership launch. Since February 2026, LiveOne has extinguished $25 million in debt and other liabilities and reduced senior debt to $9 million.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Major pointDebt and other liabilities extinguished since February 2026 totaled $25 million; senior debt fell to $9 million. 66% of market cap
- Major point. Forward-looking: it has not happened yet and may not happen.Initial fiscal 2028 revenue guidance targets $100 million-plus, with LiveOne anticipating its largest partnership launch.
- Major point. Forward-looking: it has not happened yet and may not happen.Revised fiscal 2027 outlook calls for $70–$75 million revenue and $10 million-plus adjusted EBITDA.
- Moderate pointH1 adjusted EBITDA turned positive at $3.594 million, versus negative $2.829 million a year earlier.
- Moderate pointH1 consolidated net loss narrowed to $8.703 million from $9.569 million a year earlier.
- Moderate pointH1 operating loss narrowed to $8.070 million from $8.602 million a year earlier.
- Moderate pointAudio Division Q2 revenue totaled $17.6 million, with $1.5 million adjusted EBITDA.
- Moderate pointSlacker signed a five-year partnership with Groove Technology Solutions.
- Moderate pointSlacker H1 adjusted EBITDA reached $4.805 million, versus negative $587,000 a year earlier.
- Moderate pointH1 contribution margin, a non-GAAP measure, rose to $12.649 million from $7.130 million a year earlier.
14 minor points
- Minor pointQ2 consolidated net loss narrowed to $5.605 million from $5.705 million a year earlier.
- Minor pointQ2 adjusted EBITDA improved to negative $719,000 from negative $1.018 million a year earlier.
- Minor pointQ2 operating loss narrowed to $4.394 million from $4.569 million a year earlier.
- Minor pointOther operations' H1 adjusted EBITDA loss narrowed to $607,000 from $979,000 a year earlier.
- Minor pointCash and cash equivalents increased to $7.483 million at September 30 from $5.353 million at March 31.
- Minor pointTotal liabilities declined to $55.294 million at September 30 from $59.267 million at March 31.
- Minor pointTotal stockholders' deficit narrowed to $8.596 million at September 30 from $12.392 million at March 31.
- Minor pointH1 cost of sales fell to $30.890 million from $32.991 million a year earlier.
- Minor pointQ2 cost of sales fell to $15.480 million from $16.166 million a year earlier.
- Minor pointH1 sales and marketing expense fell to $1.832 million from $2.131 million a year earlier.
- Minor pointQ2 general and administrative expense fell to $4.986 million from $5.707 million a year earlier.
- Minor pointH1 gross profit increased to $4.934 million from $4.611 million a year earlier.
- Minor pointQ2 contribution margin, a non-GAAP measure, rose to $3.810 million from $3.706 million a year earlier.
- Minor point. Forward-looking: it has not happened yet and may not happen.LiveOne is expanding its acquisition pipeline across subsidiaries.
Negative
- Moderate pointH1 revenue declined to $37.316 million from $37.969 million a year earlier.
- Moderate pointBusiness-partner launch timelines were updated, prompting LiveOne's fiscal 2027 guidance revision.
- Moderate pointCurrent liabilities of $49.359 million exceeded current assets of $20.011 million at September 30.
- Moderate pointCurrent convertible notes increased to $13.693 million at September 30 from $2.900 million at March 31.
- Moderate pointQ2 gross profit declined to $1.712 million from $2.441 million a year earlier.
9 minor points
- Minor pointQ2 revenue declined to $17.966 million from $18.762 million, primarily reflecting lower Slacker revenue.
- Minor pointCorporate H1 adjusted EBITDA loss widened to $3.557 million from $2.929 million a year earlier.
- Minor pointCorporate Q2 adjusted EBITDA loss widened to $1.973 million from $1.443 million a year earlier.
- Minor pointH1 interest expense, net, increased to $2.252 million from $1.690 million a year earlier.
- Minor pointQ2 interest expense, net, increased to $1.620 million from $1.003 million a year earlier.
- Minor pointH1 general and administrative expense increased to $10.525 million from $9.782 million a year earlier.
- Minor pointH1 product development expense increased to $1.864 million from $1.376 million a year earlier.
- Minor pointQ2 product development expense increased to $890,000 from $442,000 a year earlier.
- Minor pointQ2 sales and marketing expense increased to $908,000 from $870,000 a year earlier.
News Explained
The added
Key Figures
- H1 revenue
- $37.3M
- H1 Fiscal 2027; compared with $37.969M in H1 Fiscal 2026
- H1 Adjusted EBITDA
- $3.6M
- H1 Fiscal 2027; compared with a $2.829M loss in H1 Fiscal 2026
- Audio Division Adjusted EBITDA
- Over $7.8M
- H1 Fiscal 2027, as stated in the headline
- Q2 revenue
- $18.0M
- Q2 Fiscal 2027; compared with $18.8M in Q2 Fiscal 2026
- Q2 Adjusted EBITDA
- $(0.7)M
- Q2 Fiscal 2027; compared with a $(1.0)M loss in Q2 Fiscal 2026
- Fiscal 2027 revenue guidance
- $70M–$75M
- Revised Fiscal 2027 guidance
- Fiscal 2027 Adjusted EBITDA guidance
- $10M+
- Revised Fiscal 2027 guidance
- Fiscal 2028 revenue guidance
- $100M+
- First-time Fiscal 2028 guidance
Previous Earnings Reports
-
Reported nine-month revenue of $58.2M and Audio Adjusted EBITDA above $3.7M.
-
Audio Division reported record FY2025 Adjusted EBITDA of $18.2M, beating guidance by 51%.
-
Preliminary fiscal 2025 results included revenue above $112M and Adjusted EBITDA above $16M.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
adjusted ebitda financial
non-gaap financial
convertible note financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOS ANGELES, CA / ACCESS Newswire / November 12, 2026 / LiveOne (NASDAQ:LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today its financial results for the second quarter ("Q2 Fiscal 2027") and six months ("H1 Fiscal 2027") ended September 30, 2026 of its fiscal year ending March 31, 2027 ("Fiscal 2027"). LiveOne will host a conference call and webcast today, November 12, 2026, at 9:00 AM Eastern Time.
Financial Highlights
- Q2 Fiscal 2027 Revenue:
$18.0M - Q2 Fiscal 2027 Adjusted EBITDA*:
$(0.7)M - H1 Fiscal 2027 Revenue:
$37.3M - H1 Fiscal 2027 Adjusted EBITDA*:
$3.6M - Audio Division Q2 Fiscal 2027 Revenue:
$17.6M , and Adjusted EBITDA* of$1.5M - Revises Fiscal 2027 guidance to
$70 -$75 Million in revenue and$10 million + in Adjusted EBITDA*, reflecting updated launch timelines from its B2B partners - Issues first-time Fiscal 2028 guidance of
$100 Million + in revenue as LiveOne anticipates launching the largest partnership in its history - PodcastOne posted record H1 Fiscal 2027 revenue of
$31.5M and record Adjusted EBITDA* of$3.0M - LiveOne has extinguished
$25M in debt and other liabilities since February 2026 and reduced its senior debt balance to$9M
Operational Highlights
- Slacker Radio Signs Five-Year Partnership with Groove Technology Solutions
- PodcastOne recently ranked #6 on Podtrac
- 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, "The Company is now fully positioned to finish its fiscal year strong and prepared for anticipated substantial growth next year."
| Q2 Fiscal 2027 Earnings Conference Call and Webcast | |
| Date: | Thursday, November 12, 2026 |
| Time: | 9:00 am ET (6:00 am PT) |
| Webcast Link: | https://events.q4inc.com/attendee/685425699 |
| Dial-in: | (833) 461-5787 |
| International Dial-in: | +44 808 196 8935 |
| Meeting ID: | 685 425 699 |
Q2 Fiscal 2027 vs Q2 Fiscal 2026 and H1 Fiscal 2027 vs H1 Fiscal 2026 Results Summary (in $000's, except per share; unaudited)
| Three Months Ended | Six Months Ended | |||||||||||||||
| September 30, | September 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
Revenue | $ | 17,966 | $ | 18,762 | $ | 37,316 | $ | 37,969 | ||||||||
Operating loss | $ | (4,394 | ) | $ | (4,569 | ) | $ | (8,070 | ) | $ | (8,602 | ) | ||||
Total other income (expense) | $ | (1,206 | ) | $ | (1,096 | ) | $ | (620 | ) | $ | (927 | ) | ||||
Net loss | $ | (5,605 | ) | $ | (5,705 | ) | $ | (8,703 | ) | $ | (9,569 | ) | ||||
Adjusted EBITDA* | $ | (719 | ) | $ | (1,018 | ) | $ | 3,594 | $ | (2,829 | ) | |||||
Net loss per share basic and diluted | $ | (0.37 | ) | $ | (0.52 | ) | $ | (0.59 | ) | $ | (0.98 | ) | ||||
Q2 Fiscal 2027 Results Summary Discussion
For Q2 Fiscal 2027, LiveOne posted revenue of
Q2 Fiscal 2027 Operating Loss was (
Q2 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 users and paid members; LiveOne identifying, acquiring, securing and developing content; LiveOne's intent to repurchase shares of its and/or PodcastOne's common stock from time to time under LiveOne's 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 covenants under its senior secured debentures and potential effects on PodcastOne of LiveOne's non-compliance; 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 subsidiaries, including PodcastOne, obligations under LiveOne's senior secured debentures as a result of such subsidiaries, including PodcastOne, having entered into a Subsidiary Guarantee and related Security Agreement with the holders of such debentures, which debentures are secured by all of the assets of LiveOne, PodcastOne and their respective subsidiaries; 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 and/or PodcastOne's ability to pay any amounts due in connection with any such legal proceedings; significant legal, commercial, regulatory and technical uncertainty; 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, Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the SEC on August 14, 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.
Use of 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, six-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.
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 and six months ended September 30, 2026 and 2025.
LiveOne, Inc.
Consolidated Statements of Operations (Unaudited)
(In thousands, except share and per share amounts)
| Three Months Ended | Six Months Ended | |||||||||||||||
| September 30, | September 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
Revenue: | $ | 17,966 | $ | 18,762 | $ | 37,316 | $ | 37,969 | ||||||||
Operating expenses: | ||||||||||||||||
Cost of sales | 15,480 | 16,166 | 30,890 | 32,991 | ||||||||||||
Sales and marketing | 908 | 870 | 1,832 | 2,131 | ||||||||||||
Product development | 890 | 442 | 1,864 | 1,376 | ||||||||||||
General and administrative | 4,986 | 5,707 | 10,525 | 9,782 | ||||||||||||
Amortization of intangible assets | 96 | 146 | 275 | 291 | ||||||||||||
Total operating expenses | 22,360 | 23,331 | 45,386 | 46,571 | ||||||||||||
Loss from operations | (4,394 | ) | (4,569 | ) | (8,070 | ) | (8,602 | ) | ||||||||
Other income (expense): | ||||||||||||||||
Interest expense, net | (1,620 | ) | (1,003 | ) | (2,252 | ) | (1,690 | ) | ||||||||
Change in fair value of digital assets | - | 79 | (35 | ) | 79 | |||||||||||
Other income (expense) | 414 | (172 | ) | 1,667 | 684 | |||||||||||
Total other income (expense), net | (1,206 | ) | (1,096 | ) | (620 | ) | (927 | ) | ||||||||
Loss before provision for income taxes | (5,600 | ) | (5,665 | ) | (8,690 | ) | (9,529 | ) | ||||||||
Provision for income taxes | 5 | 40 | 13 | 40 | ||||||||||||
Net loss | (5,605 | ) | (5,705 | ) | (8,703 | ) | (9,569 | ) | ||||||||
Net loss attributable to non-controlling interest | (769 | ) | (163 | ) | (1,275 | ) | (434 | ) | ||||||||
Net loss attributed to LiveOne | $ | (4,836 | ) | $ | (5,542 | ) | $ | (7,428 | ) | $ | (9,135 | ) | ||||
Net loss per share - basic and diluted* | $ | (0.37 | ) | $ | (0.52 | ) | $ | (0.59 | ) | $ | (0.98 | ) | ||||
Weighted average common shares - basic and diluted* | 13,745,268 | 11,170,612 | 13,517,646 | 10,048,453 | ||||||||||||
LiveOne, Inc.
Consolidated Balance Sheets (Unaudited)
(In thousands)
| September 30, | March 31, | |||||||
| 2026 | 2026 | |||||||
| (Audited) | ||||||||
Assets | ||||||||
Current Assets | ||||||||
Cash and cash equivalents | $ | 7,483 | $ | 5,353 | ||||
Restricted cash | 30 | 30 | ||||||
Accounts receivable, net | 8,435 | 8,437 | ||||||
Inventories | 656 | 685 | ||||||
Prepaid expense and other current assets | 3,407 | 2,273 | ||||||
Total Current Assets | 20,011 | 16,778 | ||||||
Property and equipment, net | 3,157 | 3,297 | ||||||
Goodwill | 21,712 | 21,712 | ||||||
Intangible assets, net | 1,641 | 1,916 | ||||||
Intangible digital assets | - | 2,943 | ||||||
Other assets | 177 | 229 | ||||||
Total Assets | $ | 46,698 | $ | 46,875 | ||||
Liabilities and Stockholders' Equity (Deficit) | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | $ | 32,859 | $ | 27,719 | ||||
Accrued royalties | 1,910 | 3,475 | ||||||
Notes payable, current portion | - | - | ||||||
Convertible note, current portion | 13,693 | 2,900 | ||||||
Deferred revenue | 897 | 1,789 | ||||||
Senior secured line of credit | - | - | ||||||
Total Current Liabilities | 49,359 | 35,883 | ||||||
Notes payable, net | 149 | 149 | ||||||
Lease liabilities, noncurrent | 134 | 134 | ||||||
Convertible note, noncurrent | - | 11,689 | ||||||
Other long-term liabilities | 5,591 | 11,351 | ||||||
Deferred income taxes | 61 | 61 | ||||||
Total Liabilities | 55,294 | 59,267 | ||||||
Commitments and Contingencies (Note 14) | ||||||||
Stockholders' Equity (Deficit) | ||||||||
Preferred stock, | 8,960 | 8,438 | ||||||
Common stock, | 13 | 12 | ||||||
Additional paid in capital* | 269,809 | 259,122 | ||||||
Treasury stock* | (849 | ) | (849 | ) | ||||
Accumulated deficit | (295,220 | ) | (287,270 | ) | ||||
Total LiveOne Stockholders' Deficit | (17,287 | ) | (20,547 | ) | ||||
Non-controlling interest | 8,691 | 8,155 | ||||||
Total stockholders' deficit | (8,596 | ) | (12,392 | ) | ||||
Total Liabilities and Stockholders' Deficit | $ | 46,698 | $ | 46,875 | ||||
LiveOne, Inc.
Reconciliation of Non-GAAP Measure to GAAP Measure
Adjusted EBITDA* Reconciliation (Unaudited)
(In thousands)
| Net Income (Loss)* | Depreciation and Amortization* | Stock-Based Compensation Employees & Directors* | Stock-Based Compensation Third-Party Service * | Non- Recurring Acquisition and Realignment Costs(1)* | Other (Income) Expense(2)* | (Benefit) Provision for Taxes* | Adjusted EBITDA* | ||||||||||||||||||
Three Months Ended September 30, 2026 | |||||||||||||||||||||||||
Operations - PodcastOne | $ | (479 | ) | $ | 80 | $ | 221 | $ | 1,510 | $ | 45 | $ | - | $ | - | $ | 1,377 | ||||||||
Operations - Slacker | (1,599 | ) | 792 | - | 350 | - | 551 | - | 94 | ||||||||||||||||
Operations - Other | (144 | ) | (85 | ) | 12 | - | - | - | - | (217 | ) | ||||||||||||||
Corporate | (3,383 | ) | - | 114 | 623 | 13 | 655 | 5 | (1,973 | ) | |||||||||||||||
Total | $ | (5,605 | ) | $ | 787 | $ | 347 | $ | 2,483 | $ | 58 | $ | 1,206 | $ | 5 | $ | (719 | ) | |||||||
Three Months Ended September 30, 2025 | |||||||||||||||||||||||||
Operations - PodcastOne | $ | (975 | ) | $ | 131 | $ | 1,930 | $ | - | $ | - | $ | - | $ | - | $ | 1,086 | ||||||||
Operations - Slacker | (716 | ) | 29 | (29 | ) | - | 2 | 317 | - | (397 | ) | ||||||||||||||
Operations - Other | (1,035 | ) | 63 | 572 | - | 35 | 101 | - | (264 | ) | |||||||||||||||
Corporate | (2,979 | ) | - | (310 | ) | - | 1,128 | 678 | 40 | (1,443 | ) | ||||||||||||||
Total | $ | (5,705 | ) | $ | 223 | $ | 2,163 | $ | - | $ | 1,165 | $ | 1,096 | $ | 40 | $ | (1,018 | ) | |||||||
| Net Income (Loss)* | Depreciation and Amortization* | Stock-Based Compensation Employees & Directors* | Stock-Based Compensation Third-Party Service * | Non- Recurring Acquisition and Realignment Costs(1)* | Other (Income) Expense(2)* | (Benefit) Provision for Taxes* | Adjusted EBITDA* | ||||||||||||||||||
Six Months Ended September 30, 2026 | |||||||||||||||||||||||||
Operations - PodcastOne | $ | (2,036 | ) | $ | 244 | $ | 285 | $ | 4,342 | $ | 118 | $ | - | $ | - | $ | 2,953 | ||||||||
Operations - Slacker | 24 | 1,596 | 16 | 4,007 | - | (838 | ) | - | 4,805 | ||||||||||||||||
Operations - Other | (614 | ) | (37 | ) | 28 | 9 | - | 7 | - | (607 | ) | ||||||||||||||
Corporate | (6,077 | ) | - | 182 | 335 | 539 | 1,451 | 13 | (3,557 | ) | |||||||||||||||
Total | $ | (8,703 | ) | $ | 1,803 | $ | 511 | $ | 8,693 | $ | 657 | $ | 620 | $ | 13 | $ | 3,594 | ||||||||
Six Months Ended September 30, 2025 | |||||||||||||||||||||||||
Operations - PodcastOne | $ | (2,029 | ) | $ | 283 | $ | 3,395 | $ | - | $ | 17 | $ | - | $ | - | $ | 1,666 | ||||||||
Operations - Slacker | (499 | ) | 100 | 63 | - | (8 | ) | (243 | ) | - | (587 | ) | |||||||||||||
Operations - Other | (2,026 | ) | 129 | 753 | - | 35 | 130 | - | (979 | ) | |||||||||||||||
Corporate | (5,015 | ) | 1 | (592 | ) | - | 1,597 | 1,040 | 40 | (2,929 | ) | ||||||||||||||
Total | $ | (9,569 | ) | $ | 513 | $ | 3,619 | $ | - | $ | 1,641 | $ | 927 | $ | 40 | $ | (2,829 | ) | |||||||
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 | Six Months Ended | |||||||||||||||
| September 30, | September 30, | |||||||||||||||
| 2026* | 2025* | 2026* | 2025* | |||||||||||||
Revenue: | $ | 17,966 | $ | 18,762 | $ | 37,316 | $ | 37,969 | ||||||||
Less: | ||||||||||||||||
Cost of sales | (15,480 | ) | (16,166 | ) | (30,890 | ) | (32,991 | ) | ||||||||
Amortization of developed technology | (774 | ) | (155 | ) | (1,492 | ) | (367 | ) | ||||||||
Gross Profit | 1,712 | 2,441 | 4,934 | 4,611 | ||||||||||||
Add back: | ||||||||||||||||
Share-based compensation | 1,321 | 1,107 | 6,218 | 2,126 | ||||||||||||
Depreciation | 3 | 3 | 5 | 26 | ||||||||||||
Developed technology | 774 | 155 | 1,492 | 367 | ||||||||||||
Contribution Margin* | $ | 3,810 | $ | 3,706 | $ | 12,649 | $ | 7,130 | ||||||||
* See the definition of Contribution Margin under "About Non-GAAP Financial Measures" within this release.
SOURCE: LiveOne
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were LiveOne's H1 fiscal 2027 earnings results?
LiveOne reported $37.316 million revenue and an $8.703 million consolidated net loss for the six months ended September 30, 2026. Revenue was $37.969 million and net loss was $9.569 million a year earlier. Adjusted EBITDA improved to positive $3.594 million from negative $2.829 million.
What is LiveOne's revenue and adjusted EBITDA guidance?
LiveOne's revised fiscal 2027 guidance is $70–$75 million in revenue and $10 million-plus in adjusted EBITDA. The company linked the revision to updated business-partner launch timelines and issued first-time fiscal 2028 revenue guidance of $100 million-plus, anticipating the launch of its largest partnership.
What adjustments separate LiveOne's H1 fiscal 2027 net loss from adjusted EBITDA?
LiveOne's reconciliation adds back $8.693 million in third-party service stock compensation, alongside other adjustments, to its $8.703 million consolidated net loss. Other adjustments include $1.803 million depreciation and amortization, $511,000 employee and director stock compensation, $657,000 acquisition and realignment costs, $620,000 other expense and $13,000 taxes, producing $3.594 million adjusted EBITDA.