Live Ventures completes acquisition of Flooring Liquidators; audited FY2022 revenue $124M, net income $10.5M

LIVE VENTURES Inc

Live Ventures acquired 100% equity of Flooring Liquidators (6 entities) on January 18, 2023 for an undisclosed amount.
Audited combined financials show FY2022 revenue of $124.1M, net income of $10.5M, up from $105.3M and $10.0M in FY2021.
Total assets of Flooring Liquidators as of June 30, 2022 were $50.7M, with equity of $29.7M and total liabilities of $21.0M.
Pro forma unaudited combined financials for Live Ventures for FY2022 and Q1 FY2023 were filed.
Acquisition adds 18 retail flooring stores in California and a national franchise operation (Floorable).

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