Aug 12, 2026, 8:45 AM ETCommunication Services

LiveOne — Q1 Fiscal 2027 Earnings Summary

LVOLIVEONE INC

Financial Performance

Reported Q1 Fiscal 2027 revenue of $19.4 million, a slight increase from $19.2 million in Q1 Fiscal 2026.
Adjusted EBITDA reached $4.3 million, a $6.1 million improvement (338%) compared to a loss of $1.8 million in the prior year period.
Audio Division generated $18.6 million in revenue and recorded a record Adjusted EBITDA of $6.3 million.
Operating loss narrowed to $3.7 million from $4.0 million in the prior year, driven by increased margins from Slacker.
Net loss was $3.1 million, improving from $3.9 million in the prior year; net loss per share was $0.23 versus $0.40 previously.
Cash and cash equivalents increased by $3.3 million to $8.6 million.
Stockholders' equity increased by $6.9 million, while total liabilities decreased by $5.5 million to $53.8 million.
Contribution Margin improved to $7.6 million from $3.3 million in the prior year.
Cost of sales decreased to $15.4 million from $16.8 million in the prior year.

The press release does not provide specific quantitative forward guidance for future quarters or full-year Fiscal 2027.
Management indicated an intent to continue accelerating AI initiatives across all subsidiaries.
The company is expanding its M&A pipeline and exploring strategic acquisition opportunities across all subsidiaries.
Forward-looking statements highlight risks regarding the ability to consummate proposed financings, acquisitions, or spin-outs, and the timing of such events.

PodcastOne achieved a record #6 ranking on Podtrac, surpassing competitors like Disney, by expanding its creator portfolio and original programming.
Revenue growth was primarily driven by an increase in PodcastOne revenue.
The company expanded B2B partnerships with AT&T, Samsung, LG, and VIZIO, adding to existing Fortune 500 partners.
Subsidiaries include Slacker, PodcastOne, PPVOne, Custom Personalization Solutions, LiveXLive, and DayOne Music Publishing.

PodcastOne surpassed Disney and other major competitors to reach the #6 ranking on Podtrac.
The company maintains a presence on major platforms including iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and STIRR's OTT applications.
The company relies on its largest OEM customer for a substantial percentage of its revenue, presenting a concentration risk.

Risks include reliance on the largest OEM customer, ability to maintain compliance with debt covenants, and the ability to continue as a going concern.
Uncertainty exists regarding the timing and success of proposed financing, acquisition, or merger transactions.
The company faces risks related to its digital asset treasury strategy, including regulatory developments and market volatility.
Legal proceedings and potential settlement costs remain a risk factor.
The company must maintain relationships with industry stakeholders and successfully implement its growth strategy.

CEO and Chairman Robert Ellin stated the company delivered year-over-year and sequential revenue growth.
Management highlighted a substantial improvement in gross margin, attributing it to AI initiatives and operational streamlining.
The tone reflects confidence in the benefits of AI integration and the strength of the Audio Division's performance.

The company has a stock repurchase program for LiveOne and/or PodcastOne common stock, though no specific repurchase activity or amounts were detailed for the quarter.
The company holds a digital asset treasury strategy, though digital assets on the balance sheet were $0 as of June 30, 2026, down from $2.9 million in March 2026.
The conference call and webcast were scheduled for August 12, 2026, at 10:30 AM Eastern Time.
Adjusted EBITDA is a non-GAAP measure that excludes non-cash purchase accounting adjustments, acquisition-related fees, severance payments, and certain legal settlement reserves.