secwatch.observer — SEC 8-K summary
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Issuer:     LiveOne, Inc. (LVO)
CIK:        0001491419
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0001213900-23-065279
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveOne Q1 revenue $27.8M (+20% YoY); Audio EBITDA up 46%, raises division guidance
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1491419/000121390023065279/0001213900-23-065279-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1491419/000121390023065279/ea183233-8k_liveone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-065279

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