Liveone Inc Stock Price, News & Analysis

LiveOne (Nasdaq: LVO) reported Q1 Fiscal 2025 results with revenue of $33.1M, a 19% increase year-over-year. The Audio Division, comprising Slacker Radio and PodcastOne (Nasdaq: PODC), achieved record revenue of $31.9M, up 24% YoY. Adjusted EBITDA improved to $2.9M, with the Audio Division contributing $5.1M. LiveOne maintains its fiscal year 2025 guidance of consolidated revenue between $140M-$155M and Adjusted EBITDA of $16M-$20M. The company's paid members increased by 653K or 29% compared to the previous year. LiveOne continues to explore strategic alternatives to enhance shareholder value and has repurchased 4.38M shares, with $6.3M remaining in its repurchase program.

LiveOne (Nasdaq: LVO) announced the 245th edition of its MusicLives Hamptons Festival, featuring KYLE and Jeremih. The event will showcase 5 hours of VIP artist performances across multiple genres, with artists boasting a combined 20 million social followers and 40 billion global streams. The festival will be live-streamed on LiveOne.com starting August 16th at 4:00 PM PT.

LiveOne has achieved impressive milestones in live streaming, reaching over 200 million viewers and generating 5 billion fan engagements across 220 countries. The platform has streamed 3,200 artists, including major names like Taylor Swift, Adele, and Justin Bieber. The event is sponsored by LiveOne brands such as Birthday Sex Naked Chardonnay, Smyle Coffee, and E11even Vodka.

LiveOne (NASDAQ: LVO), a music, entertainment, and technology platform, has reported significant growth in its membership metrics for July 2024 and fiscal year 2025. Total memberships have surpassed 3.9 million, marking a 23% year-over-year increase. Notably, Tesla membership saw a 26% year-over-year growth. The company added over 225,000 new paid members in fiscal year 2025, with 64,000 joining in July 2024 alone.

LiveOne's B2B pipeline has expanded to 63 potential partnerships, including four signed agreements awaiting launch announcements. Brad Konkol, Head of Slacker Radio, expressed enthusiasm about the company's strategic vision and commitment to building strong B2B partnerships with customizable product offerings.

LiveOne (Nasdaq: LVO), a creator-first music, entertainment, and technology platform, has announced it will release its Q1 FY 2025 financial results on August 13, 2024. The company will host an investor webcast and conference call at 10:00 am ET / 7:00 am PT on the same day to discuss the results and provide a business update. Participants can register for the call or join via webcast, with replay options available until September 11, 2024. LiveOne, headquartered in Los Angeles, operates subsidiaries including Slacker Radio, PodcastOne (Nasdaq: PODC), PPVOne, and others, offering services across various platforms and devices.

Kartoon Studios has partnered with LiveOne, Inc. to produce, publish, and distribute original music for the upcoming Winnie-The-Pooh megabrand, set to premiere on Kartoon Channel on Amazon Prime Video in 2025. This collaboration is expected to drive significant revenue, building on the franchise's historical success of $80 billion in retail sales and millions in music royalties.

The partnership includes the production of music for Kartoon Studios' 'Winnie-the-Pooh' animated feature, holiday specials, and a 104-episode series. The first movie, 'A Hundred Acre Christmas,' is scheduled to premiere on December 24, 2025, coinciding with the 100th anniversary of A.A. Milne's original publication. LiveOne will leverage its technology and platform to enhance user engagement and interaction with the content.

LiveOne (Nasdaq: LVO) has announced preliminary record-breaking financial results for Q1 FY2025. The company expects revenue of $33.1M, up 20% from Q1 FY2024, and Adjusted EBITDA of $2.9M, a 31% increase. LiveOne projects positive cash flow of $17.5M from its core operating business for FY2025.

The company achieved annualized cost savings of approximately $5M for Q1 FY2025 and ended the quarter with a cash position exceeding $10M. Additionally, LiveOne has expanded its share repurchase program from $10M to $12M, demonstrating confidence in its financial outlook.

LiveOne (Nasdaq: LVO) has reported record-breaking financial results for Q1 FY2025, ending June 30, 2024. The company achieved $33.1M in revenue, a 20% increase from Q1 FY24, and $2.9M in Adjusted EBITDA, up 31% over the same period. LiveOne projects positive cash flow of $17.5M from its core operating business for Q1 2025.

The company realized cost savings of approximately $5M for Q1 and ended the quarter with a cash position exceeding $10M. Additionally, LiveOne has expanded its share repurchase program from $10M to $12M, demonstrating confidence in its financial strength and future prospects.

CEO Robert Ellin attributes these results to strong revenue growth and effective cost-saving initiatives. As a creator-first music, entertainment, and technology platform, LiveOne continues to focus on delivering premium experiences and content worldwide through various subsidiaries and services.

LiveOne (NASDAQ: LVO), a music, entertainment, and technology platform, has joined the Russell 2000 Index as of June 28. The company announced significant changes in its share structure, including an increase in institutional holdings by over 10.5 million shares and the retirement of 4.2 million open market shares, reducing the total outstanding shares to 94.7 million. Additionally, LiveOne registered 1.3 million warrants at $2.10, which represents a 50% premium, and expects to receive $2.73 million from its largest existing investor. The company also plans to buy back $5 million worth of LVO shares.

LiveOne (NASDAQ: LVO) has announced a partnership with Seekr, utilizing the Intel Developer Cloud to launch an AI-powered search platform for beats and sounds. This platform, aiming to be available by year's end, is designed to aid music creation and licensing, offering new revenue opportunities for creators in a multi-billion-dollar market. LiveOne also introduced a new subscription service for beats and sounds, gaining 100+ subscribers monthly at $19.99 each. This collaboration aligns with LiveOne's commitment to innovation and support for artists, leveraging Seekr’s AI technology to enhance their extensive content catalog.