Earnings Releases·Nov 12, 2026, 8:50 AM ET

PodcastOne — Q2 & 1H Fiscal 2027 Earnings Summary

Q2 Fiscal 2027 revenue rose 1.6% to $15.41 million (vs. $15.16 million YoY), while 1H revenue grew 4.6% to $31.54 million (vs. $30.15 million YoY); Adjusted EBITDA increased 27% to $1.38 million in Q2 and 77% to $2.95 million in 1H compared to prior year periods.
Operating and net losses narrowed in Q2, with operating loss improving to $0.48 million from $0.98 million and net loss decreasing to $0.48 million from $0.98 million; 1H operating loss remained flat at $2.04 million versus $2.03 million, while net loss improved slightly to $2.04 million from $2.03 million.
Balance sheet strength improved with cash and cash equivalents doubling to $7.17 million as of September 30, 2026, and total assets rising to $43.35 million from $29.20 million at the start of the fiscal year.
Management cited record first-half financial results, strong audience growth, and progress in advertising and subscription businesses, though the company faces significant risks regarding LiveOne's debt obligations, covenant compliance, and ability to repay indebtedness.
PodcastOne is the parent of LiveOne, which has entered into a Subsidiary Guarantee for senior secured debentures and intends to repurchase shares under a stock repurchase program, subject to financial covenants and financing conditions.