earnings
confidence high
sentiment neutral
materiality 0.60
LiveOne Q3 FY2024 revenue $31.2M (+14% YoY); EBITDA $3.3M; maintains FY2025 guidance
LiveOne, Inc.
- Revenue $31.2M (+14% YoY); Adj. EBITDA $3.3M (up from $3.1M); net loss ($2.2M) vs ($2.5M) YoY.
- Paid members +687K (+36% YoY) to 3.5M total members as of Dec 31, 2023.
- Audio division (Slacker + PodcastOne) 9-month revenue $79.9M, Adj. EBITDA $13M.
- Maintains FY2025 guidance: consolidated revenue $140M-$155M, Adj. EBITDA $16M-$20M.
- Exploring strategic alternatives with J.P. Morgan to enhance shareholder value.