Live Ventures reports FY2023 revenue up 23.8% to $355.2M but net loss of $0.1M; Adjusted EBITDA down 17.8%

LIVE VENTURES Inc

Revenue $355.2M, +23.8% YoY, driven by acquisitions (Flooring Liquidators, PMW, Kinetic) contributing ~$115M.
Net loss of $0.1M vs prior net income $24.7M; diluted EPS -$0.03 vs $7.84 (prior year included $11.4M bankruptcy gain).
Adjusted EBITDA $31.5M, down 17.8% from $38.4M; operating income fell 40.4% to $15.4M on lower margins and higher G&A.
Four acquisitions closed in FY2023: Flooring Liquidators, PMW, Cal Coast assets, Harris Flooring, totaling ~$117M invested.
Segment weakness: Retail-Entertainment revenue -9.3%, Flooring Manufacturing -16.1%; Steel Manufacturing grew 46.7% on acquisitions.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LIVE VENTURES Inc reported fiscal year ended September 30, 2023 results: revenue $355.2 million, net income ($0.1) million, EPS ($0.03).

Period: fiscal year ended September 30, 2023
Revenue: $355.2 million
Net income: ($0.1) million
EPS: ($0.03)
Result: reported results

Exact text from the filing

Inc. (“PMW”), certain assets from Cal Coast Carpet Warehouse, Inc., and the Harris Flooring Group® brands, transactions valued at approximately $117 million • Revenues were $355.2 million, as compared with $286.9 million in the prior year, an increase of 23.8% over the prior year period • Net loss was ($0.1) million and diluted loss per share was ($0.03), as

View on SEC.gov

Browse all earnings releases →

LIVE VENTURES Inc filing history →

Source: SEC EDGAR

accession 0001628280-23-042080

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.