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LiveWorld, Inc. (OTC Markets: LVWD) reported robust fourth-quarter 2020 results, achieving total revenues of approximately $2.5 million, a 37% increase from $1.9 million in Q4 2019. For the full year, revenues rose to $8.6 million, up 16% year-over-year. Healthcare-related revenues soared by 46% in Q4 and 21% for the year. The company posted a net income of $291,000 (or 11% of revenues) for Q4, a significant jump from $14,000 in the prior year. Cash and equivalents reached $2.6 million, up from $730,000 at 2019's end. LiveWorld anticipates further revenue growth in 2021.
