Highest-materiality recent filing
SEC dismisses all claims against Live Ventures; CEO Isaac settles for $175k
U.S. District Court for Nevada dismissed all SEC claims against Live Ventures; no judgment, penalty, or findings against company.
Live Ventures Q3 FY2026 net loss $1.1M, revenue down 3.2% to $108.9M
Revenue $108.9M (-3.2% YoY); net loss $1.1M vs net income $5.4M; diluted EPS -$0.34 vs $1.24.
Live Ventures Q2 net loss $2.4M on $102.9M revenue; $4M goodwill impairment hits steel
Revenue $102.9M, down 3.8% YoY; net loss $2.4M ($0.80 diluted loss per share) vs net income $15.9M ($5.05 EPS) prior year.
Live Ventures Q1 revenue down 2.7% to $108.5M; operating income up 353% to $3.5M
Net loss of $0.1M ($0.02 EPS) vs net income of $0.5M ($0.16 EPS) prior year; prior year had $3.5M non-recurring gains.
Revenue $444.9M (-5.9% YoY); net income $22.7M (diluted EPS $4.93) vs net loss $26.7M in FY24.
Live Ventures swings to Q3 profit of $5.4M; Adjusted EBITDA more than doubles to $13.2M
Revenue $112.5M, down 9.2% YoY; gross margin expands 410 bps to 34.0%.
Live Ventures Q2 net income $15.9M ($5.05/diluted EPS) vs loss $3.3M; revenue down 9.8% to $107M
Revenue fell 9.8% YoY to $107M; operating income improved to $2.1M from loss of $0.8M.
Live Ventures cuts acquisition note to $15M from $34M; Kellogg goes part-time
Aggregate principal of the Note reduced by $19M to $15M, treated as purchase price adjustment.
Live Ventures FY2024: net loss $26.7M, revenue $472.8M (+33%), $18.1M goodwill impairment
Revenue $472.8M (+33.1% YoY); gross profit $144.8M (+25.3%).
Live Ventures Q3 revenue up 35% to $123.9M; net loss $2.9M vs prior year income $1.1M
Revenue increased 35.4% to $123.9M; net loss of $2.9M with diluted loss per share of $0.91.
Live Ventures adopts $10M stock repurchase program through May 2025
Board authorized up to $10M in common stock repurchases; replaces program that expired June 1, 2024.
Live Ventures Q2 FY2024 revenue up 30.2% to $118.6M, net loss $3.3M vs profit $1.6M YoY
Revenue $118.6M (+30.2% YoY) driven by acquisitions of Flooring Liquidators and PMW.
Live Ventures Enters Cooperation Agreement with LL Flooring, Withdraws Director Nominations
Live Ventures and Isaac Capital Group irrevocably withdrew their notice to nominate three individuals to LL Flooring's board at the 2024 annual meeting.
Live Ventures Q1 revenue up 70.5% to $117.6M; net loss of $0.7M vs prior year net income
Revenue rose 70.5% to $117.6M, driven by acquisitions of Flooring Liquidators and PMW.
Revenue $355.2M, +23.8% YoY, driven by acquisitions (Flooring Liquidators, PMW, Kinetic) contributing ~$115M.
Live Ventures proposes to acquire LL Flooring for $5.85/share in all-cash offer; 106% premium
Live Ventures offers $5.85 per share in cash to acquire 100% of LL Flooring (NYSE: LL).
Acquired Harris Flooring Group brands (Harris, Kraus, Naturally Aged Flooring, Heritage Mill Wood Flooring) from Q.E.P. for ~$10M.
Revenue $91.5M (+34.1% YoY) driven by Flooring Liquidators and Kinetic acquisitions; organic decline elsewhere.
Live Ventures acquires Precision Metal Works for ~$28M; adds $75M revenue stream
Total consideration ~$28M: $25M cash plus up to $3M earn-out; no stock issued.
Live Ventures Q2 revenue up 30.7% to $91.1M; net income drops 90% to $1.6M
Net income of $1.6M ($0.49 diluted EPS) vs $15.4M ($4.84) prior year, which included $11.4M bankruptcy settlement gain.
Live Ventures acquired 100% equity of Flooring Liquidators (6 entities) on January 18, 2023 for an undisclosed amount.
Live Ventures Q1 revenue $69M, EPS $0.60; acquires Flooring Liquidators for $84M
Revenue $69.0M (-8.2% YoY), net income $1.8M ($0.60 diluted EPS) vs $6.5M ($2.04) prior year.
Live Ventures acquires Flooring Liquidators for $84M; expects ~$125M annual revenue boost
Acquisition price $84M ($83.8M net) paid with $41.4M cash, $34M note, 116,441 shares (3.78% dilution), and $2M additional consideration.
Live Ventures Q4 net loss $0.6M; FY22 EPS $7.84, down 20% YoY
Q4 revenue $73.8M (+4.6% YoY); net loss $0.6M vs income $7.1M prior year.
Live Ventures closes $23.4M acquisition of Kinetic Co., industrial knife manufacturer
Purchase price ~$18.9M for shares plus $4.5M for real estate; up to $2M contingent earnout.
Live Ventures Q3 revenue $68.3M, net income down 65.1% to $3.5M; acquired Kinetic
Revenue $68.3M (-1.2% YoY); net income $3.5M (-65.1%); diluted EPS $1.11 (-63.2%).
Live Ventures acquires The Kinetic Co. for ~$26M; expects $20M annual revenue boost
Acquired Kinetic, 74-year-old industrial knife maker, for ~$26M; expects to add ~$20M annual revenue to steel segment.
Live Ventures Q2 FY2022: Net income $15.4M ($4.84 EPS) includes $11.4M gain; Rev down 1.7%
Revenue $69.7M, -1.7% YoY; net income $15.4M, +75.8% (incl. $11.4M gain on ApplianceSmart bankruptcy settlement).
ApplianceSmart emerges from Chapter 11, extinguishes ~$11M in debt
Live Ventures' subsidiary ApplianceSmart emerged from bankruptcy on Feb 28, 2022, eliminating ~$11M in secured and other indebtedness.
Eric Althofer provided written notice to Live Ventures Incorporated (the “C ompany ”) of his intent to resign as Chief Operating Officer of the Company effective May 3, 2024.
each Executive Officer will serve as a Co-Chief Executive Officer, with Mr. Godfrey primarily responsible for manufacturing operations and administrative functions and Mr. Graham primarily responsible for sales, marketing, growth initiatives, product offering and mix.
each Executive Officer will serve as a Co-Chief Executive Officer, with Mr. Godfrey primarily responsible for manufacturing operations and administrative functions and Mr. Graham primarily responsible for sales, marketing, growth initiatives, product offering and mix.
Effective October 24, 2022, Wayne Ipsen, age 53, became Chief Legal Officer and Corporate Secretary for Live Ventures Incorporated (the “Company”).
Effective March 1, 2022, David Verret was appointed Chief Financial Officer (“CFO”) of Live Ventures Incorporated (the “Company”).
Effective September 29, 2021, David Verret became Chief Accounting Officer for Live Ventures Incorporated (the “Company”).
The Company and Virland Johnson, our Chief Financial Officer, have mutually agreed that, effective as of October 1, 2021, we would cease all of our employment-based relationships.
Max materiality 0.85 · Median 0.62 · Most common event earnings