LiveOne prelim Q1 revenue $33.1M (+20% YoY), EBITDA $2.9M; FY cash flow guide $17.5M

LiveOne, Inc.

Record preliminary Q1 FY2025 revenue of $33.1M, up 20% from Q1 FY2024.
Adjusted EBITDA of $2.9M, up 31% YoY.
Guides positive operating cash flow of $17.5M for FY2025.
Ended Q1 with >$10M cash; annualized cost savings of ~$5M realized.
Share repurchase program expanded from $10M to $12M.

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