earnings
confidence high
sentiment positive
materiality 0.75
LiveOne prelim FY24 revenue $118.5M, adj. EBITDA $14.4M; maintains FY25 outlook
LiveOne, Inc.
- FY24 revenue expected $118.5M and adjusted EBITDA $14.4M (excl. $3.5M CPS loss).
- Q4 FY24 revenue $30.3M, adjusted EBITDA $4.3M (excl. $1.6M CPS loss).
- Cash position $10.6M; share repurchase program has $5M remaining; ~4M shares repurchased.
- FY25 guidance maintained: revenue $140M-$155M, adjusted EBITDA $16M-$20M.
- Audio Division FY25 target: $130M-$140M revenue, $20M-$25M adj. EBITDA, $17M+ cash flow.