earnings
confidence high
sentiment positive
materiality 0.75
LiveOne Q1 revenue $27.8M (+20% YoY); Audio EBITDA up 46%, raises division guidance
LiveOne, Inc.
2024-Q1 EPS reported
-$0.01
revenue$27,767,000
- Revenue $27.8M for Q1 FY2024, up 20% YoY vs $23.2M; net loss $0.5M vs prior-year net income $1.3M.
- Audio division revenue $25.7M (+24% YoY); Audio Adjusted EBITDA $4.9M (+46% YoY), a record.
- PodcastOne revenue $10.6M record; FY2024 guidance raised to $42M-$47M revenue.
- Paid members 2.3M (+42% YoY); total members 3.2M; expects 4M total and 3M paid by FY2024 year-end.
- Slacker merger LOI with Roth CH at $160M pre-money; PodcastOne special dividend increased to ~19%.