secwatch.observer — SEC 8-K summary
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Issuer:     LiveOne, Inc. (LVO)
CIK:        0001491419
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001213900-23-009556
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveOne posts record 9M Adj EBITDA $9.4M, revenue $74.1M; raises FY guidance to $11-12M
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- Nine-month FY2023 revenue $74.1M, Adjusted EBITDA $9.4M record; Q3 revenue $27.3M, Adj EBITDA $3.0M.
- Paid members 1.96M (+553K YoY, +40%); total members approx. 2.8M.
- Debt holders exchanged $21M debt for preferred shares convertible at $2.10 per share.
- Expanded stock repurchase program by $2M; S-1 filed for PodcastOne spin-out.
- Audio Division 9M revenue $64M, Adj EBITDA $15M; Slacker Radio IPO planned in FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1491419/000121390023009556/0001213900-23-009556-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1491419/000121390023009556/ea173060-8k_liveone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-009556

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer