Liveworld Stock Price, News & Analysis

LiveWorld, a digital agency focusing on social media and technology solutions, announced participation in the Lytham Partners Summer 2022 Investor Conference, scheduled for June 21-22, 2022. The company's management team, including Chairman and CEO Peter Friedman and CFO David Houston, will host a fireside chat on June 21 at 9:00 AM ET, available for viewing on their website. Virtual one-on-one meetings can be arranged through Lytham Partners. LiveWorld serves top brands in pharmaceuticals, healthcare, and financial-travel sectors, and is headquartered in San Jose, California.

LiveWorld, Inc. (OTC Markets: LVWD) reported a strong financial performance for Q1 2022, with total revenues of $2.5 million, reflecting a 10% increase from Q1 2021's $2.2 million. Healthcare revenues grew 12% to $2.1 million. Net income reached $122,000, maintaining a steady 5% margin. Despite a decrease in cash and equivalents to $2.9 million, the company anticipates improved cash flow in Q2 due to ongoing contract renewals and enhanced sales efforts aimed at sustaining revenue growth through 2022 and 2023.

LiveWorld, Inc. (OTC Markets: LVWD) reported 2021 total revenues of $10.1 million, marking an 18% increase year-over-year. Healthcare revenues rose 25% to $8.8 million. The company achieved a net income of $796,000, a growth of 118%, equating to 8% of total revenues. Following the forgiveness of a $1 million PPP loan, total net income reached approximately $1.8 million, or 18% of revenues. Cash from operations rose 65% to $2.5 million, and total cash grew 40% to $3.6 million. LiveWorld aims to continue focusing on healthcare initiatives for revenue growth in 2022.

LiveWorld, Inc. (OTC Markets: LVWD) reported a 34% year-over-year increase in total revenues for Q3 2021, reaching approximately $2.7 million, up from $2.0 million in Q3 2020. Net income soared to $263,000, representing 10% of total revenues, a 93% increase from the previous year. Healthcare-related revenues grew by 45%. Cash from operations increased significantly to $3.1 million, up 136% year-over-year. The company also announced the forgiveness of a $1 million PPP loan. Overall, LiveWorld's strong performance positions the company for continued positive results in 2021.

LiveWorld (OTC Markets: LVWD) has partnered with Mount Sinai Health System to launch a unique online community for caregivers of dementia patients called “Navigating Dementia.” This initiative responds to the growing need for emotional and clinical support, as dementia cases are projected to reach nearly 80 million by 2030. The community quickly gained 600 members in its first 90 days, with high engagement levels, indicating a strong demand for healthcare networks.

This collaboration aims to improve healthcare outcomes and brand perception through shared caregiver experiences and supported insights.

LiveWorld, Inc. (OTC-PINK: LVWD) announces new services to enhance hospital marketing in response to digital and social media transformation. With 25 years in healthcare, the agency offers expertise in acquiring and connecting with patients. CEO Peter Friedman emphasizes that traditional marketing is failing amidst this shift. LiveWorld's services include campaign strategy, creative production, social media marketing, and community management, aiding hospitals in adapting to new economic and consumer-centric challenges.

LiveWorld, Inc. (OTC Markets: LVWD) reported second quarter 2021 revenues of approximately $2.5 million, an 18% increase from $2.1 million in Q2 2020. For the first half of 2021, revenues rose to approximately $4.7 million from $4.0 million year-over-year, with healthcare-related revenues growing 26%. The net income for Q2 2021 was about $130,000, up from $28,000 in Q2 2020, while the six-month net income reached $251,000 compared to a net loss of $61,000 in the previous year. As of June 30, 2021, the company held approximately $3.3 million in cash and equivalents, up from $2.6 million at 2020's end.

LiveWorld, Inc. (OTC Markets: LVWD) has launched a new dedicated Healthcare Professional (HCP) Social Media practice aimed at enhancing engagement with healthcare providers. This initiative, led by VP Strategy Danny Flamberg and Medical Director Umar Siddiqui, MD, responds to the increasing use of social media among physicians. According to QuantiaMD, 80% of surveyed physicians utilize social media for their practice. LiveWorld's expertise positions it to help pharmaceutical brands effectively communicate and promote their innovations through strategic social media engagement.

LiveWorld, Inc. (OTC Markets: LVWD) has announced its financial results for Q1 2021, reporting total revenues of approximately $2.2 million, up 17% from $1.9 million in Q1 2020. Healthcare-related revenues rose by 24% during this period. The company achieved a net income of approximately $121,000, compared to a net loss of $89,000 in the previous year, signaling improved profitability. Cash from operations also increased to $1.2 million, reflecting a 157% boost. Despite a reduction in cash and equivalents due to higher accounts receivable, the company remains focused on expanding digital services and maintaining profitability.